Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.00004085 | −0.0508 | get 0.0508% / 8h | 4h 05m | $913K | $293K | 50x | Long KuCoin | |
| SHORT | 0.00004092 | +0.0100 | get 0.0013% / 1h | 5m 35s | $232K | $83K | 3x | Short Hyperliquid4% off |
Price gap+0.171%
Funding gap+0.0608% /8h
Both sides work: funding pays +$18 a day on $10k, and the gap is 0.123% above its 7d average: +$12 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$71+0.0608% /8h now · paid +0.707% over the last 7D
Price+$12spread +0.171% now, avg +0.048% → +0.123% if it goes back
Costs−$1181.176% of $10k · taker + slippage, in and out
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.171%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hLUNC on 11 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size33.4 / 19.2 bpAt $10k entering KuCoin costs 33.4 bp, fee and slippage, 1.7× Hyperliquid’s.
- Note: Margin at max leverage$200 + $3,333KuCoin 50x, Hyperliquid 3x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$18.24Long KuCoin: 3 payments, +$15.24; short Hyperliquid: 24 payments, +$3.00.
- OK: Entry gap works for you+0.171% vs +0.048%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$232K vs $913K OIHyperliquid sets your exit cost. Check its book before closing.
- OK: Points on a legHyperliquid Season 2Volume here counts toward the points program.
- Watch: KYCKuCoin Yes · Hyperliquid NoStandard KYC (ID and face check) for any product since Aug 2023.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0337%/8h × 21 periods+$70.67
Price spread+0.171% → +0.048% (7d avg)+$12.32
Slippage, 4 orderslive order books−$96.62
Fee KuCoin bp × 2 orders−$12.00
Fee Hyperliquid bp × 2 orders−$9.00
Net · 7 days · $10k−$34.62
Costs to cover1.176%Break-even10.4 days
Slippage: KuCoin: live order book, 6 min ago; Hyperliquid: live order book, 17 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGKuCoin11.3933.4 bp−$33141.3 bp−$1,413doesn’t fitdoesn’t fit
SELL · SHORTHyperliquid3.5619.2 bp−$19doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
Injective