Funding you earn now, next payment 00:00 UTC+0.0222%/8h= +24.3% APRnext payment +$1.11 per $10,000 · paid last 24h +0.002%
Price spread now: Binance against KuCoin+0.057%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$496as in the Funding arb table
Net, price: spread back to 7d avg − costs−$520as in the Price arb table
costs, in and out, $10k−$5255.247% of the position
Funding, last 7 days+0.290%+$29 on $10k
+Price spread, last 4 days (all we have)+0.098%+$10 · spread now +0.057%, 7d avg +0.013%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Binance is 0.044% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin HYPERUSDTM | 0.07466 | −0.0122 | get 0.0061% / 4h | 35m 09s | $128K | $94K | 30x |
| Short | Binance HYPERUSDT | 0.07470 | 0.0100 | get 0.0050% / 4h | 35m 09s | $2.0M | $2.1M | 50x |
KuCoin HYPERUSDTM
Binance HYPERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $46.62
- Price spread: +0.057% → +0.013%
- $4.4
- Slippage, 4 orders
- −$502.68
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$473.66
- Costs to cover
- 5.247%
- Break-even
- 78.1 days
Slippage from KuCoin: live order book, 18 min ago; Binance: live order book, 14 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, 18 min ago | 12.03 bp | 248.0 bp −$248 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 0.67 bp | 19.8 bp −$20 | 93.8 bp −$938 | 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 HYPERUSDTMlong | −0.0122% | 4h | 0.07466 | long leg | $128K | $94K | 30x | |
| Hyperliquid HYPER | +0.0100% | 1h | 0.07477 | +0.154% | $71K | $120K | 3x | as long as short |
| Aster HYPERUSDT | +0.0100% | 4h | 0.07483 | +0.224% | $20K | $4K | 5x | as long as short |
| Binance HYPERUSDTshort | +0.0100% | 4h | 0.07470 | +0.057% | $2.0M | $2.1M | 50x | |
| Bybit HYPERUSDT | +0.0100% | 4h | 0.07480 | +0.188% | $1.2M | $699K | 25x | as long as short |
| Gate HYPER_USDT | +0.0100% | 4h | 0.07490 | +0.321% | $91K | $46K | 50x | as long as short |
| MEXC HYPER_USDT | +0.0100% | 4h | 0.07473 | +0.094% | $260K | $131K | 20x | as long as short |
| Bitget HYPERUSDT | +0.0100% | 4h | 0.07483 | +0.228% | $313K | $261K | 50x | as long as short |
| Variational Omni HYPER | +0.0100% | 4h | 0.07477 | +0.149% | $6K | $1K | — | as long as short |
| BloFin HYPER-USDT | +0.0156% | 4h | 0.07478 | +0.161% | $191K | $23K | 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