Settings8H · net · $10k
Funding arb · Price arb /

HYPER

all HYPER markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0244%/8h= +26.8% APRnext payment +$1.22 per $10,000 · paid last 24h +0.013%
Price spread now: BloFin against KuCoin0.000%80s7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,066as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1,09110.915% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.250%+$25 on $10k
Price spread, last 4 days (all we have)−0.014%−$1 · spread now 0.000%, 7d avg −0.004%
Together, before fees+0.236%+$24 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.004%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin HYPERUSDTM0.07588−0.0112get 0.0056% / 4h1h 15m$107K$99K30x
ShortBloFin HYPER-USDT0.075880.0132get 0.0066% / 4h1h 15m$195K$21K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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

Funding earned
$51.31
Price spread: 0.000% → −0.004%
$0.4
Slippage, 4 orders
−$1,067.48
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$1,039.76
Costs to cover
10.915%
Break-even
148.9 days
Slippage from KuCoin: live order book, 73 min ago; BloFin: live order book, 22 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 73 min ago21.15 bp823.7 bp −$824doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 22 min ago1.99 bp24.6 bp −$2570.7 bp −$707doesn't fitdoesn't fit

HYPER on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin HYPERUSDTMlong−0.0112%4h0.07588long leg$107K$99K30x
Hyperliquid HYPER+0.0100%1h0.07593+0.063%$72K$133K3xas long as short
Aster HYPERUSDT+0.0100%4h0.07592+0.058%$21K$4K5xas long as short
Binance HYPERUSDT+0.0100%4h0.07588+0.004%$2.1M$2.2M50xas long as short
Bybit HYPERUSDT+0.0100%4h0.07591+0.040%$1.2M$831K25xas long as short
Gate HYPER_USDT+0.0100%4h0.07590+0.026%$88K$48K50xas long as short
MEXC HYPER_USDT+0.0100%4h0.07589+0.013%$239K$131K20xas long as short
Bitget HYPERUSDT+0.0100%4h0.07584−0.053%$315K$283K50xas long as short
Variational Omni HYPER+0.0100%4h0.07591+0.033%$6K$1Kas long as short
BloFin HYPER-USDTshort+0.0132%4h0.075880.000%$195K$21K50x