Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.021%
Price spread now: KuCoin against Hyperliquid+0.164%7-day average −0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$970.968% of the position
Funding, last 7 days−0.151%−$15 on $10k
+Price spread, last 7 days−0.222%−$22 · spread now +0.164%, 7d avg −0.063%
=Together, before fees−0.373%+ Points / potential airdropHyperliquid: Season 2 · farm board−$37 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.228% dearer against Hyperliquid than usual: you sell high and buy low, +$23 on $10k if it goes back to its 7-day average of −0.063%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid MON | 0.02495 | 0.0100 | pay 0.0013% / 1h | 42m 42s | $33.5M | $7.6M | 5x |
| Short | KuCoin MONUSDTM | 0.02499 | 0.0100 | get 0.0050% / 4h | 2h 42m | $2.9M | $762K | 75x |
Hyperliquid MON
KuCoin MONUSDTMFunding 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
- $0
- Price spread: +0.164% → −0.063%
- $22.76
- Slippage, 4 orders
- −$75.83
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$74.06
- Costs to cover
- 0.968%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 10 min ago; KuCoin: live order book, 9 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, 10 min ago | 0.20 bp | 12.4 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 13.98 bp | 40.1 bp −$40 | 449.4 bp −$4,494 | doesn't fit | doesn't fit |
MON on 33 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack MON_USDC_PERP | −0.0091% | 1h | 0.02492 | −0.124% | $110K | $153K | 10x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02494 | −0.040% | $12K | $355K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02491 | −0.144% | $73K | $136K | 25x | as long as short |
| Bybit MONUSDT | +0.0007% | 8h | 0.02488 | −0.277% | $20.4M | $13.5M | 50x | as long as short |
| Injective MON/USDC PERP | +0.0039% | 1h | 0.02496 | +0.044% | $5K | $111 | 5.5x | as long as short |
| Orderly PERP_MON_USDC | +0.0083% | 4h | 0.02491 | −0.156% | $16K | $48K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02494 | −0.036% | $836K | $732K | 10x | as long as short |
| 01 Exchange MONUSD | +0.0096% | 1h | 0.02489 | −0.240% | $6K | $1K | 5x | as long as short |
| Paradex MON-USD-PERP | +0.0100% | 8h | 0.02490 | −0.213% | $7K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02493 | −0.064% | $404K | $586K | 10x | as long as short |
Backpack MON_USDC_PERP
Phoenix MON
Deribit MON_USDC-PERPETUAL
Bybit MONUSDT
Injective MON/USDC PERP
Orderly PERP_MON_USDC
Lighter MON
01 Exchange MONUSD
Paradex MON-USD-PERP
Nado MON-PERPShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MONlong | +0.0100% | 1h | 0.02495 | long leg | $33.5M | $7.6M | 5x | |
| Aster MONUSDT | +0.0100% | 4h | 0.02494 | −0.050% | $100K | $218K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02493 | −0.066% | $12K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02492 | −0.116% | $138K | $92K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02491 | −0.138% | $23.7M | $27.0M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02490 | −0.196% | $4.2M | $6.0M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02500 | +0.204% | $103K | $1K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02493 | −0.076% | $920K | $1.0M | 50x | as long as short |
| KuCoin MONUSDTMshort | +0.0100% | 4h | 0.02499 | +0.164% | $2.9M | $762K | 75x | |
| Bitget MONUSDT | +0.0100% | 4h | 0.02493 | −0.076% | $2.7M | $2.2M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02490 | −0.214% | $740K | $405K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02495 | +0.023% | $41K | $251K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02495 | +0.004% | $562K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02492 | −0.116% | $68K | $527K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02490 | −0.196% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02493 | −0.091% | $48K | $285K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02490 | −0.200% | $38K | — | 3x | as long as short |
| Aftermath Perps MONUSD | +0.0248% | 1h | 0.02495 | +0.016% | $2K | $78K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0259% / S −0.0429% | 1h | 0.02490 | −0.208% | $9K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02487 | −0.317% | $1.3M | $335K | 75x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02492 | −0.124% | $114K | $2.2M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0456% | 1h | 0.02530 | +1.407% | $110K | $55K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.1020% | 1h | 0.02494 | −0.027% | $268K | $112K | 10x | as long as short |
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
Aftermath Perps MONUSD
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Perpl MON
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD