Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.016%
Price spread now: OKX against KuCoin−0.106%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$340.336% of the position
Funding, last 7 days−0.055%−$5 on $10k
+Price spread, last 7 days+0.103%+$10 · spread now −0.106%, 7d avg −0.015%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.091% cheaper against KuCoin than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin HYPEUSDTM | 93.699 | 0.0100 | pay 0.0050% / 4h | 2h 52m | $46.8M | $18.7M | 75x |
| Short | OKX HYPE-USDT-SWAP | 93.600 | 0.0100 | get 0.0100% / 8h | 2h 52m | $114.8M | $309.4M | 50x |
KuCoin HYPEUSDTM
OKX HYPE-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.106% → −0.015%
- −$9.11
- Slippage, 4 orders
- −$11.61
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$42.72
- Costs to cover
- 0.336%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; OKX: live order book, 2 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 2 min ago | 0.05 bp | 11.4 bp −$11 | 15.6 bp −$156 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 0.05 bp | 5.1 bp −$5 | 7.6 bp −$76 | 17.2 bp −$1,717 | doesn't fit |
HYPE on 55 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hibachi HYPE/USDT-P | −0.1896% | 1h | 93.507 | −0.205% | $197K | $232K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0370% | 1h | 93.502 | −0.210% | $22K | $21K | 10x | as long as short |
| Bullet HYPE-USD | −0.0107% | 1h | 93.662 | −0.039% | $112K | $578K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.628 | −0.076% | $3K | $331 | 25x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0034% | 4h | 93.658 | −0.044% | $146K | $663K | 20x | as long as short |
| 01 Exchange HYPEUSD | −0.0032% | 1h | 93.675 | −0.026% | $88K | $365K | 20x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0024% | 1h | 93.490 | −0.223% | $705K | $1.2M | 10x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.605 | −0.100% | $128K | $29K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.675 | −0.026% | $22K | $290K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 93.690 | −0.010% | $62K | — | 150x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Bullet HYPE-USD
Hotstuff HYPE-PERP
Orderly PERP_HYPE_USDC
01 Exchange HYPEUSD
Ondo Perps HYPE-USD.P
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus HYPE-USD | +0.0011% | 1h | 93.636 | −0.067% | $1.0M | $3.9M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0012% | 8h | 93.687 | −0.013% | $12.6M | $2.7M | 50x | as long as short |
| Bitget HYPEUSDT | +0.0020% | 4h | 93.577 | −0.130% | $226.4M | $99.2M | 75x | as long as short |
| Bybit HYPEUSDT | +0.0024% | 8h | 93.605 | −0.100% | $318.5M | $283.6M | 75x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 93.546 | −0.163% | $209K | $1.2M | 10x | as long as short |
| edgeX HYPEUSDC | +0.0094% | 4h | 93.441 | −0.275% | $5.0M | $29.9M | 30x | as long as short |
| Paradex HYPE-USD-PERP | +0.0095% | 8h | 93.703 | +0.004% | $341K | $162K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.700 | +0.001% | $16.2M | $63.0M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.702 | +0.003% | $3.1M | $11.4M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.666 | −0.035% | $77K | $1.1M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0099% | 8h | 93.650 | −0.052% | $28K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.659 | −0.043% | $7.8M | $48.2M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.705 | +0.006% | $2.04B | $665.7M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 93.648 | −0.054% | $8.8M | $36.4M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.695 | −0.004% | $10.1M | $15.3M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.659 | −0.042% | $375.5M | $910.8M | 75x | as long as short |
| OKX HYPE-USDT-SWAPshort | +0.0100% | 8h | 93.600 | −0.106% | $114.8M | $309.4M | 50x | |
| Bulk HYPE-USD | +0.0100% | 1h | 93.614 | −0.090% | $204K | $3K | 10x | as long as short |
| Gate HYPE_USDT | +0.0100% | 4h | 93.653 | −0.049% | $46.5M | $53.9M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.667 | −0.034% | $92.2M | $80.2M | 100x | as long as short |
| KuCoin HYPEUSDTMlong | +0.0100% | 4h | 93.699 | long leg | $46.8M | $18.7M | 75x | |
| BingX HYPE-USDT | +0.0100% | 4h | 93.651 | −0.051% | — | $54.0M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.677 | −0.023% | $7.3M | $11.0M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.529 | −0.182% | $28.7M | $56.9M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.637 | −0.066% | $7.6M | $47.1M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.532 | −0.178% | $343K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.550 | −0.159% | $669K | $2.9M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.689 | −0.010% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.680 | −0.020% | $491K | $2.7M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.688 | −0.012% | $79K | $166K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 93.667 | −0.035% | $16.2M | $7.5M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.684 | −0.016% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.694 | −0.005% | $2.0M | $1.9M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 93.800 | +0.108% | $1.4M | $6.4M | 75x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.668 | −0.033% | $18.2M | $43.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.700 | +0.001% | $396K | $161K | 20x | as long as short |
| Injective HYPE/USDC PERP | +0.0122% | 1h | 93.770 | +0.076% | $30K | $339K | 12x | as long as short |
| Kalshi KXHYPEPERP | +0.0125% | 8h | 93.721 | +0.023% | $1.8M | $5.6M | 2.3x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 93.740 | +0.044% | $4.8M | $5.6M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0267% | 1h | 93.659 | −0.043% | $80K | $131K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0332% / S −0.0154% | 1h | 93.681 | −0.019% | $1.4M | — | 100x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0340% | 1h | 93.764 | +0.070% | $20.9M | $29.6M | 50x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.558 | −0.150% | $16.9M | $11.9M | 75x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0465% | 1h | 93.785 | +0.092% | $7.5M | $4.0M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0527% | 1h | 93.726 | +0.029% | $3.2M | $6.3M | 20x | as long as short |
Arcus HYPE-USD
Phemex HYPEUSDT
Bitget HYPEUSDT
Bybit HYPEUSDT
Phoenix HYPE
edgeX HYPEUSDC
Paradex HYPE-USD-PERP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Aster HYPEUSDT
Pacifica HYPE
Binance HYPEUSDT
Bulk HYPE-USD
Gate HYPE_USDT
MEXC HYPE_USDT
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Extended HYPE-USD
Aevo HYPE-PERP
Injective HYPE/USDC PERP
Kalshi KXHYPEPERP
Coinbase International HYPE-PERP-INTX
Reya HYPERUSDPERP
GMX HYPE/USD [WBTC.b-USDC]
Kraken Futures PF_HYPEUSD
BloFin HYPE-USDT
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC