Funding you earn now, next payment 22:00 UTC−0.0056%/8h= −6.1% APRpaid last 24h −0.035%
Price spread now: KuCoin against Hyperliquid−0.131%7-day average +0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$182as in the Funding arb table
Net, price: spread back to 7d avg − costs−$234as in the Price arb table
costs, in and out, $10k−$2132.130% of the position
Funding, last 7 days+0.308%+$31 on $10k
+Price spread, last 4 days (all we have)+1.768%+$177 · spread now −0.131%, 7d avg +0.081%
=Together, before fees+2.076%+ Points / potential airdropHyperliquid: Season 2 · farm board+$208 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and KuCoin is 0.212% cheaper against Hyperliquid than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of +0.081%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.308%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid MINA | 0.1299 | 0.0100 | pay 0.0013% / 1h | 49m 58s | $3.8M | $2.2M | 3x |
| Short | KuCoin MINAUSDTM | 0.1298 | 0.0044 | get 0.0044% / 8h | 2h 49m | $817K | $502K | 30x |
Hyperliquid MINA
KuCoin MINAUSDTMFunding 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
- −$11.76
- Price spread: −0.131% → +0.081%
- −$21.15
- Slippage, 4 orders
- −$191.99
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$245.9
- Costs to cover
- 2.130%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 2 min ago; KuCoin: live order book, 33 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 Hyperliquid live order book, 2 min ago | 3.07 bp | 24.9 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 33 min ago | 11.58 bp | 63.0 bp −$63 | doesn't fit | doesn't fit | doesn't fit |
MINA on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MINAUSDT | −0.1259% | 4h | 0.1302 | +0.208% | $4.6M | $6.8M | 25x | as long as short |
| Kraken Futures PF_MINAUSD | −0.0694% | 1h | 0.1306 | +0.538% | $28K | $85K | 10x | as long as short |
| OKX MINA-USDT-SWAP | −0.0615% | 4h | 0.1299 | −0.015% | $2.0M | $17.6M | 20x | as long as short |
| BloFin MINA-USDT | −0.0421% | 8h | 0.1298 | −0.085% | $263K | $346K | 50x | as long as short |
| Binance MINAUSDT | −0.0421% | 8h | 0.1299 | −0.054% | $4.6M | $34.0M | 50x | as long as short |
| MEXC MINA_USDT | −0.0420% | 8h | 0.1299 | −0.038% | $1.3M | $1.5M | 50x | as long as short |
| Gate MINA_USDT | −0.0262% | 8h | 0.1297 | −0.177% | $423K | $974K | 50x | as long as short |
| Bitget MINAUSDT | −0.0251% | 8h | 0.1297 | −0.169% | $1.9M | $3.8M | 50x | as long as short |
| BingX MINA-USDT | −0.0197% | 8h | 0.1298 | −0.062% | — | $2.7M | — | as long as short |
| KuCoin MINAUSDTMshort | +0.0044% | 8h | 0.1298 | −0.131% | $817K | $502K | 30x |
Bybit MINAUSDT
Kraken Futures PF_MINAUSD
OKX MINA-USDT-SWAP
BloFin MINA-USDT
Binance MINAUSDT
MEXC MINA_USDT
Gate MINA_USDT
Bitget MINAUSDT
BingX MINA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MINAlong | +0.0100% | 1h | 0.1299 | long leg | $3.8M | $2.2M | 3x | |
| Variational Omni MINA | +0.0100% | 4h | 0.1304 | +0.351% | $424K | $146K | — | as long as short |
Variational Omni MINA