Funding you earn now, next payment 23:00 UTC−0.0386%/8h= −42.3% APRpaid last 24h −0.079%
Price spread now: KuCoin against Hyperliquid−0.019%7-day average −0.088% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.267%−$27 on $10k
+Price spread, last 7 days−0.140%−$14 · spread now −0.019%, 7d avg −0.088%
=Together, before fees−0.407%+ Points / potential airdropHyperliquid: Season 2 · farm board−$41 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.069% dearer against Hyperliquid than usual: you sell high and buy low (spread −0.019% now, against its 7-day average of −0.088%): +$7 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 14 hours. At the pace of the last 7 days (−0.267% in total) that is about 43 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.267% in total (about -13.9% 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 | Hyperliquid LIT | 4.7154 | 0.0100 | pay 0.0013% / 1h | 50m 43s | $210.2M | $44.7M | 5x |
| Short | KuCoin LITUSDTM | 4.7145 | −0.0286 | pay 0.0143% / 4h | 1h 50m | $5.2M | $1.1M | 30x |
Hyperliquid LIT
KuCoin LITUSDTMFunding 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
- −$81.06
- Price spread: −0.019% → −0.088%
- $6.89
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$95.17
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 3 min ago; KuCoin: live order book, 2 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, 3 min ago | 0.11 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 10.51 bp | 23.9 bp −$24 | 133.5 bp −$1,335 | doesn't fit | doesn't fit |
LIT on 42 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit LIT_USDC-PERPETUAL | −0.0953% | 1h | 4.7086 | −0.144% | $41K | $40K | 10x | as long as short |
| Gate LIT_USDT | −0.0836% | 4h | 4.7120 | −0.072% | $2.8M | $4.5M | 50x | as long as short |
| Orderly PERP_LIT_USDC | −0.0633% | 4h | 4.7053 | −0.214% | $32K | $2K | 10x | as long as short |
| Phemex LITUSDT | −0.0551% | 4h | 4.7090 | −0.136% | $1.3M | $2.7M | 20x | as long as short |
| 01 Exchange LITUSD | −0.0424% | 1h | 4.7068 | −0.182% | $33K | $4K | 5x | as long as short |
| OKX LIT-USDT-SWAP | −0.0411% | 4h | 4.7076 | −0.165% | $25.1M | $62.1M | 50x | as long as short |
| Backpack LIT_USDC_PERP | −0.0401% | 1h | 4.7139 | −0.032% | $662K | $1.5M | 5x | as long as short |
| Bullet LIT-USD | −0.0346% | 1h | 4.7098 | −0.120% | $85K | $81K | 20x | as long as short |
| Bybit LITUSDT | −0.0290% | 4h | 4.7087 | −0.142% | $42.6M | $30.7M | 75x | as long as short |
| KuCoin LITUSDTMshort | −0.0286% | 4h | 4.7145 | −0.019% | $5.2M | $1.1M | 30x |
Deribit LIT_USDC-PERPETUAL
Gate LIT_USDT
Orderly PERP_LIT_USDC
Phemex LITUSDT
01 Exchange LITUSD
OKX LIT-USDT-SWAP
Backpack LIT_USDC_PERP
Bullet LIT-USD
Bybit LITUSDTShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LIT_USDT_Perp | −0.0196% | 4h | 4.7300 | +0.310% | $898K | $1.9M | 10x | as long as short |
| Aftermath Perps LITUSD | −0.0170% | 1h | 4.7225 | +0.151% | $10K | $202K | 10x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0152% | 1h | 4.7721 | +1.203% | $660K | $389K | 50x | as long as short |
| Nado LIT-PERP | −0.0124% | 1h | 4.7120 | −0.071% | $2.1M | $1.7M | 10x | as long as short |
| SoDEX LIT-USD | −0.0084% | 1h | 4.7085 | −0.146% | $1K | $479K | 5x | as long as short |
| RISEx LIT/USDC | −0.0082% | 1h | 4.7161 | +0.016% | $786K | $2.1M | 5x | as long as short |
| Phoenix LIT | −0.0034% | 1h | 4.7163 | +0.019% | $245K | $327K | 5x | as long as short |
| Paradex LIT-USD-PERP | −0.0010% | 8h | 4.7036 | −0.250% | $6K | $2K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7145 | −0.018% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7169 | +0.032% | $35K | — | 150x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.879% | $422 | $178K | 5.5x | as long as short |
| MEXC LIT_USDT | +0.0042% | 4h | 4.7076 | −0.165% | $5.6M | $4.2M | 100x | as long as short |
| edgeX LITUSDC | +0.0044% | 4h | 4.7156 | +0.005% | $287K | $311K | 10x | as long as short |
| Binance LITUSDT | +0.0046% | 4h | 4.7046 | −0.230% | $74.6M | $81.5M | 75x | as long as short |
| Aevo LIT-PERP | +0.0056% | 1h | 4.7078 | −0.162% | $147K | $44K | 3x | as long as short |
| ApeX Omni LITUSDT | +0.0064% | 1h | 4.7130 | −0.051% | $55K | $78K | 50x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7160 | +0.013% | $59.3M | $29.3M | 5x | as long as short |
| Hyperliquid LITlong | +0.0100% | 1h | 4.7154 | long leg | $210.2M | $44.7M | 5x | |
| Aster LITUSDT | +0.0100% | 4h | 4.7161 | +0.015% | $12.6M | $2.5M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7125 | −0.061% | $580K | $1.8M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7094 | −0.127% | $116K | $447K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7055 | −0.210% | $118K | $5K | 10x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7110 | −0.093% | $6.7M | $2.7M | 20x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7120 | −0.072% | $445K | $105K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7133 | −0.045% | $2K | $1K | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7153 | −0.002% | $4K | $1.2M | 20x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7177 | +0.049% | $189K | $330K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7055 | −0.209% | $5.2M | $5.1M | 25x | as long as short |
| BloFin LIT-USDT | +0.0175% | 4h | 4.7054 | −0.212% | $1.5M | $2.1M | 75x | as long as short |
| Perpl LIT | +0.0335% | 43m | 4.7154 | −0.001% | $31K | $839K | 33x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0357% / S −0.0155% | 1h | 4.7153 | −0.001% | $59K | — | 50x | as long as short |
| Lighter RH LIT | +0.0488% | 1h | 4.7172 | +0.038% | $3.7M | $13.5M | 5x | as long as short |
GRVT LIT_USDT_Perp
Aftermath Perps LITUSD
Coinbase International LIT-PERP-INTX
Nado LIT-PERP
SoDEX LIT-USD
RISEx LIT/USDC
Phoenix LIT
Paradex LIT-USD-PERP
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
Injective LIT/USDC PERP
MEXC LIT_USDT
edgeX LITUSDC
Binance LITUSDT
Aevo LIT-PERP
ApeX Omni LITUSDT
Lighter LIT
Aster LITUSDT
Pacifica LIT
Arcus LIT-USD
Bulk LIT-USD
Bitget LITUSDT
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
HTX LIT-USDT
Extended LIT-USD
BloFin LIT-USDT
Perpl LIT
GMX LIT/USD [ETH-USDC]
Lighter RH LIT