HYPER

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0269%/8h= −29.5% APRnext payment −$1.35 per $10,000 · paid last 24h +0.004%

Price spread now: KuCoin against BloFin−0.187%7-day average −0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs−$550as in the Funding arb table

Net, price: spread back to 7d avg − costs−$539as in the Price arb table

costs, in and out, $10k−$5205.201% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.294%−$29 on $10k

Price spread, last 3 days (all we have)+0.113%+$11 · spread now −0.187%, 7d avg −0.002%

Together, before fees−0.181%−$18 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and KuCoin is 0.185% cheaper against BloFin than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.002%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin HYPER-USDT	0.07483	0.0109	pay 0.0055% / 4h	28m 35s	$191K	$21K	50x
Short	KuCoin HYPERUSDTM	0.07469	−0.0160	pay 0.0080% / 4h	28m 35s	$126K	$94K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee KuCoinbpOrdersPrice spread, now −0.187%Rate

Funding earned: −$56.54
Price spread: −0.187% → −0.002%: −$18.47
Slippage, 4 orders: −$496.11
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$595.12
Costs to cover: 5.201%
Break-even: never at this rate

Slippage from BloFin: live order book, 41 min ago; KuCoin: live order book, 25 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 BloFin live order book, 41 min ago	2.02 bp	19.3 bp −$19	43.2 bp −$432	doesn't fit	doesn't fit
Sell KuCoin live order book, 25 min ago	12.03 bp	231.9 bp −$232	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	−0.0160%	4h	0.07469	−0.187%	$126K	$94K	30x
Hyperliquid HYPER	+0.0100%	1h	0.07489	+0.076%	$71K	$120K	3x	as long as short
Aster HYPERUSDT	+0.0100%	4h	0.07481	−0.021%	$20K	$4K	5x	as long as short
Binance HYPERUSDT	+0.0100%	4h	0.07482	−0.014%	$2.0M	$2.1M	50x	as long as short
Bybit HYPERUSDT	+0.0100%	4h	0.07482	−0.013%	$1.2M	$699K	25x	as long as short
Gate HYPER_USDT	+0.0100%	4h	0.07480	−0.040%	$91K	$46K	50x	as long as short
MEXC HYPER_USDT	+0.0100%	4h	0.07481	−0.027%	$258K	$132K	20x	as long as short
Bitget HYPERUSDT	+0.0100%	4h	0.07481	−0.027%	$313K	$261K	50x	as long as short
Variational Omni HYPER	+0.0100%	4h	0.07473	−0.138%	$6K	$1K	—	as long as short
BloFin HYPER-USDTlong	+0.0109%	4h	0.07483	long leg	$191K	$21K	50x