Funding you earn now, next payment 23:00 UTC−0.0272%/8h= −29.8% APRpaid last 24h −0.001%
Price spread now: KuCoin against Hyperliquid−0.213%7-day average −0.048% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.290%−$29 on $10k
+Price spread, last 4 days (all we have)+0.085%+$8 · spread now −0.213%, 7d avg −0.048%
=Together, before fees−0.205%+ Points / potential airdropHyperliquid: Season 2 · farm board−$21 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 0.165% cheaper against Hyperliquid than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.048%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid HYPER | 0.07415 | 0.0100 | pay 0.0013% / 1h | 57m 37s | $72K | $121K | 3x |
| Short | KuCoin HYPERUSDTM | 0.07399 | −0.0172 | pay 0.0086% / 4h | 1h 57m | $131K | $93K | 30x |
Hyperliquid HYPER
KuCoin HYPERUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Hyperliquid. 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
- −$57.12
- Price spread: −0.213% → −0.048%
- −$16.48
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$94.6
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 11 min ago; KuCoin: live order book, 6 min ago. Net counts fees only.
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 Hyperliquid live order book, 11 min ago | 1.55 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 14.87 bp | 219.1 bp −$219 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate HYPER_USDT | −0.0174% | 4h | 0.07420 | +0.070% | $90K | $46K | 50x | as long as short |
| KuCoin HYPERUSDTMshort | −0.0172% | 4h | 0.07399 | −0.213% | $131K | $93K | 30x | |
| Hyperliquid HYPERlong | +0.0100% | 1h | 0.07415 | long leg | $72K | $121K | 3x | |
| Aster HYPERUSDT | +0.0100% | 4h | 0.07421 | +0.087% | $20K | $4K | 5x | as long as short |
| Binance HYPERUSDT | +0.0100% | 4h | 0.07416 | +0.016% | $2.0M | $2.1M | 50x | as long as short |
| Bybit HYPERUSDT | +0.0100% | 4h | 0.07418 | +0.043% | $1.1M | $704K | 25x | as long as short |
| MEXC HYPER_USDT | +0.0100% | 4h | 0.07416 | +0.016% | $258K | $128K | 20x | as long as short |
| Bitget HYPERUSDT | +0.0100% | 4h | 0.07415 | +0.003% | $310K | $262K | 50x | as long as short |
| Variational Omni HYPER | +0.0100% | 4h | 0.07410 | −0.062% | $7K | $1K | — | as long as short |
| BloFin HYPER-USDT | +0.0129% | 4h | 0.07418 | +0.043% | $190K | $23K | 50x | as long as short |
Gate HYPER_USDT
Aster HYPERUSDT
Binance HYPERUSDT
Bybit HYPERUSDT
MEXC HYPER_USDT
Bitget HYPERUSDT
Variational Omni HYPER
BloFin HYPER-USDT