Funding you earn now, next payment 04:00 UTC−0.0090%/8h= −9.9% APRnext payment −$0.45 per $10,000 · paid last 24h −0.014%
Price spread now: KuCoin against Binance−0.027%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$586as in the Funding arb table
Net, price: spread back to 7d avg − costs−$563as in the Price arb table
costs, in and out, $10k−$5615.614% of the position
Funding, last 7 days−0.247%−$25 on $10k
+Price spread, last 4 days (all we have)−0.124%−$12 · spread now −0.027%, 7d avg −0.015%
=The price spread sits at its 7-day average of −0.015%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HYPERUSDT | 0.07512 | 0.0100 | pay 0.0050% / 4h | 30m 54s | $2.0M | $2.2M | 50x |
| Short | KuCoin HYPERUSDTM | 0.07510 | 0.0010 | get 0.0005% / 4h | 30m 54s | $106K | $85K | 30x |
Binance HYPERUSDT
KuCoin HYPERUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. 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
- −$18.9
- Price spread: −0.027% → −0.015%
- −$1.16
- Slippage, 4 orders
- −$539.4
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$581.46
- Costs to cover
- 5.614%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; KuCoin: live order book, 43 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 Binance live order book, 4 min ago | 2.00 bp | 24.1 bp −$24 | 116.1 bp −$1,161 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 43 min ago | 14.49 bp | 251.8 bp −$252 | doesn't fit | doesn't fit | doesn't fit |
HYPER on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HYPERUSDTMshort | +0.0010% | 4h | 0.07510 | −0.027% | $106K | $85K | 30x | |
| Hyperliquid HYPER | +0.0100% | 1h | 0.07513 | +0.013% | $71K | $131K | 3x | as long as short |
| Aster HYPERUSDT | +0.0100% | 4h | 0.07517 | +0.065% | $20K | $4K | 5x | as long as short |
| Binance HYPERUSDTlong | +0.0100% | 4h | 0.07512 | long leg | $2.0M | $2.2M | 50x | |
| Bybit HYPERUSDT | +0.0100% | 4h | 0.07516 | +0.053% | $1.2M | $816K | 25x | as long as short |
| Gate HYPER_USDT | +0.0100% | 4h | 0.07510 | −0.027% | $87K | $42K | 50x | as long as short |
| MEXC HYPER_USDT | +0.0100% | 4h | 0.07512 | 0.000% | $237K | $130K | 20x | as long as short |
| Bitget HYPERUSDT | +0.0100% | 4h | 0.07511 | −0.014% | $312K | $283K | 50x | as long as short |
| Variational Omni HYPER | +0.0100% | 4h | 0.07514 | +0.022% | $6K | $1K | — | as long as short |
| BloFin HYPER-USDT | +0.0117% | 4h | 0.07509 | −0.040% | $193K | $21K | 50x | as long as short |
Hyperliquid HYPER
Aster HYPERUSDT
Bybit HYPERUSDT
Gate HYPER_USDT
MEXC HYPER_USDT
Bitget HYPERUSDT
Variational Omni HYPER
BloFin HYPER-USDT