Funding you earn now, next payment 04:00 UTC−0.0278%/8h= −30.4% APRnext payment −$1.39 per $10,000 · paid last 24h −0.014%
Price spread now: KuCoin against Bitget+0.067%7-day average −0.092% · you sell dearer than you buy
Net, funding: paid 7d − costs−$595as in the Funding arb table
Net, price: spread back to 7d avg − costs−$554as in the Price arb table
costs, in and out, $10k−$5705.699% of the position
Funding, last 7 days−0.250%−$25 on $10k
+Price spread, last 4 days (all we have)−0.218%−$22 · spread now +0.067%, 7d avg −0.092%
=The price spread pays, funding is against you. KuCoin is 0.159% dearer against Bitget than usual: you sell high and buy low (spread +0.067% now, against its 7-day average of −0.092%): +$16 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 46 hours. At the pace of the last 7 days (−0.250% in total) that is about 4.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget HYPERUSDT | 0.07473 | 0.0100 | pay 0.0050% / 4h | 2h 56m | $315K | $273K | 50x |
| Short | KuCoin HYPERUSDTM | 0.07478 | −0.0178 | pay 0.0089% / 4h | 2h 56m | $121K | $96K | 30x |
Bitget HYPERUSDT
KuCoin HYPERUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bitget. 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
- −$58.38
- Price spread: +0.067% → −0.092%
- $15.93
- Slippage, 4 orders
- −$545.86
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$612.31
- Costs to cover
- 5.699%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; KuCoin: live order book, 47 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 Bitget live order book, 3 min ago | 4.00 bp | 27.2 bp −$27 | 115.4 bp −$1,154 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 47 min ago | 15.98 bp | 272.9 bp −$273 | 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 | −0.0178% | 4h | 0.07478 | +0.067% | $121K | $96K | 30x | |
| BloFin HYPER-USDT | +0.0079% | 4h | 0.07490 | +0.227% | $192K | $20K | 50x | as long as short |
| Hyperliquid HYPER | +0.0100% | 1h | 0.07467 | −0.084% | $72K | $136K | 3x | as long as short |
| Aster HYPERUSDT | +0.0100% | 4h | 0.07483 | +0.137% | $20K | $4K | 5x | as long as short |
| Binance HYPERUSDT | +0.0100% | 4h | 0.07468 | −0.067% | $2.0M | $2.2M | 50x | as long as short |
| Bybit HYPERUSDT | +0.0100% | 4h | 0.07467 | −0.080% | $1.2M | $776K | 25x | as long as short |
| Gate HYPER_USDT | +0.0100% | 4h | 0.07490 | +0.227% | $87K | $48K | 50x | as long as short |
| MEXC HYPER_USDT | +0.0100% | 4h | 0.07472 | −0.013% | $248K | $131K | 20x | as long as short |
| Bitget HYPERUSDTlong | +0.0100% | 4h | 0.07473 | long leg | $315K | $273K | 50x | |
| Variational Omni HYPER | +0.0100% | 4h | 0.07506 | +0.444% | $6K | $1K | — | as long as short |
BloFin HYPER-USDT
Hyperliquid HYPER
Aster HYPERUSDT
Binance HYPERUSDT
Bybit HYPERUSDT
Gate HYPER_USDT
MEXC HYPER_USDT
Variational Omni HYPER