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: Bitget against KuCoin−0.067%7-day average +0.092% · you buy dearer than you sell
Net, funding: paid 7d − costs−$545as in the Funding arb table
Net, price: spread back to 7d avg − costs−$586as 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%
=Funding pays, the price is against you. Bitget is 0.159% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.067% now, against its 7-day average of +0.092%). If the spread goes back, that is −$16 on $10k: about 46 hours of funding at the current rate (+$8 a day). 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 | KuCoin HYPERUSDTM | 0.07478 | −0.0178 | get 0.0089% / 4h | 2h 56m | $121K | $96K | 30x |
| Short | Bitget HYPERUSDT | 0.07473 | 0.0100 | get 0.0050% / 4h | 2h 56m | $315K | $273K | 50x |
KuCoin HYPERUSDTM
Bitget HYPERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $58.38
- Price spread: −0.067% → +0.092%
- −$15.92
- Slippage, 4 orders
- −$545.86
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$527.4
- Costs to cover
- 5.699%
- Break-even
- 70.2 days
Slippage from KuCoin: live order book, 47 min ago; Bitget: live order book, 3 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, 47 min ago | 15.98 bp | 239.8 bp −$240 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 4.00 bp | 29.9 bp −$30 | 135.0 bp −$1,350 | 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 | −0.0178% | 4h | 0.07478 | long leg | $121K | $96K | 30x | |
| BloFin HYPER-USDT | +0.0079% | 4h | 0.07490 | +0.160% | $192K | $20K | 50x | as long as short |
| Hyperliquid HYPER | +0.0100% | 1h | 0.07467 | −0.151% | $72K | $136K | 3x | as long as short |
| Aster HYPERUSDT | +0.0100% | 4h | 0.07483 | +0.070% | $20K | $4K | 5x | as long as short |
| Binance HYPERUSDT | +0.0100% | 4h | 0.07468 | −0.134% | $2.0M | $2.2M | 50x | as long as short |
| Bybit HYPERUSDT | +0.0100% | 4h | 0.07467 | −0.147% | $1.2M | $776K | 25x | as long as short |
| Gate HYPER_USDT | +0.0100% | 4h | 0.07490 | +0.160% | $87K | $48K | 50x | as long as short |
| MEXC HYPER_USDT | +0.0100% | 4h | 0.07472 | −0.080% | $248K | $131K | 20x | as long as short |
| Bitget HYPERUSDTshort | +0.0100% | 4h | 0.07473 | −0.067% | $315K | $273K | 50x | |
| Variational Omni HYPER | +0.0100% | 4h | 0.07506 | +0.377% | $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