Funding you earn now, next payment 00:00 UTC+0.0970%/8h= +106.2% APRpaid last 24h +0.021%
Price spread now: Hyperliquid against KuCoin+0.190%7-day average +0.099% · you sell dearer than you buy
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1141.139% of the position
Funding, last 7 days+0.037%+$4 on $10k
+Price spread, last 7 days−0.178%−$18 · spread now +0.190%, 7d avg +0.099%
=Together, before fees−0.141%+ Points / potential airdropHyperliquid: Season 2 · farm board−$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$29 a day on $10k at the current rate, and Hyperliquid is 0.091% dearer against KuCoin than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.099%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.037% in total (about 1.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin KASUSDTM | 0.04322 | 0.0100 | pay 0.0050% / 4h | 30m 43s | $4.2M | $6.8M | 50x |
| Short | Hyperliquid KAS | 0.04330 | 0.1070 | get 0.0134% / 1h | 30m 43s | $2.8M | $983K | 3x |
KuCoin KASUSDTM
Hyperliquid KASFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- $203.72
- Price spread: +0.190% → +0.099%
- $9.11
- Slippage, 4 orders
- −$92.9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $98.93
- Costs to cover
- 1.139%
- Break-even
- 3.6 days
Slippage from KuCoin: live order book, 2 min ago; Hyperliquid: live order book, just now.
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, 2 min ago | 3.12 bp | 45.8 bp −$46 | 219.3 bp −$2,193 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, just now | 0.69 bp | 21.8 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
KAS on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) KAS/USD | L +0.0010% / S −0.0017% | 1h | 0.04318 | −0.090% | $11K | — | 150x | as long as short |
| Injective KAS/USDC PERP | +0.0033% | 1h | 0.04361 | +0.898% | $45 | $154K | 5.5x | as long as short |
| Aster KASUSDT | +0.0100% | 4h | 0.04323 | +0.019% | $255K | $168K | 20x | as long as short |
| Binance KASUSDT | +0.0100% | 4h | 0.04322 | −0.005% | $4.0M | $11.2M | 75x | as long as short |
| Bybit KASUSDT | +0.0100% | 4h | 0.04318 | −0.097% | $10.7M | $7.1M | 50x | as long as short |
| Gate KAS_USDT | +0.0100% | 8h | 0.04317 | −0.120% | $2.1M | $1.7M | 75x | as long as short |
| MEXC KAS_USDT | +0.0100% | 4h | 0.04323 | +0.019% | $28.1M | $4.5M | 200x | as long as short |
| KuCoin KASUSDTMlong | +0.0100% | 4h | 0.04322 | long leg | $4.2M | $6.8M | 50x | |
| Bitget KASUSDT | +0.0100% | 4h | 0.04317 | −0.120% | $11.9M | $2.9M | 50x | as long as short |
| BingX KAS-USDT | +0.0100% | 4h | 0.04318 | −0.097% | — | $69.5M | — | as long as short |
gTrade (Gains Network) KAS/USD
Injective KAS/USDC PERP
Aster KASUSDT
Binance KASUSDT
Bybit KASUSDT
Gate KAS_USDT
MEXC KAS_USDT
Bitget KASUSDT
BingX KAS-USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni KAS | +0.0100% | 4h | 0.04318 | −0.109% | $25K | $21K | — | as long as short |
| GMX KAS/USD [WBTC.b-USDC] | L +0.0245% / S −0.4418% | 1h | 0.04317 | −0.111% | $12K | — | 100x | as long as short |
| Kraken Futures PF_KASUSD | +0.0317% | 1h | 0.04319 | −0.067% | $298K | $456K | 20x | as long as short |
| BloFin KAS-USDT | +0.0340% | 4h | 0.04325 | +0.065% | $377K | $203K | 75x | as long as short |
| Hyperliquid KASshort | +0.1070% | 1h | 0.04330 | +0.190% | $2.8M | $983K | 3x |
Variational Omni KAS
GMX KAS/USD [WBTC.b-USDC]
Kraken Futures PF_KASUSD
BloFin KAS-USDT