Funding you earn now, next payment 23:00 UTC−0.0236%/8h= −25.8% APRpaid last 24h +0.064%
Price spread now: Hyperliquid against KuCoin−0.077%7-day average +0.068% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.201%+$20 on $10k
+Price spread, last 7 days+0.181%+$18 · spread now −0.077%, 7d avg +0.068%
=Together, before fees+0.382%+ Points / potential airdropHyperliquid: Season 2 · farm board+$38 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Hyperliquid is 0.145% cheaper against KuCoin than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.068%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.201%, 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 | KuCoin MONUSDTM | 0.02602 | 0.0336 | pay 0.0168% / 4h | 1h 54m | $3.2M | $747K | 75x |
| Short | Hyperliquid MON | 0.02600 | 0.0100 | get 0.0013% / 1h | 54m 28s | $35.0M | $7.4M | 5x |
KuCoin MONUSDTM
Hyperliquid MONFunding 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
- −$49.56
- Price spread: −0.077% → +0.068%
- −$14.52
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$85.08
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 3 min ago; Hyperliquid: live order book, 9 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 KuCoin live order book, 3 min ago | 9.64 bp | 40.8 bp −$41 | 678.5 bp −$6,785 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 9 min ago | 0.19 bp | 11.2 bp −$11 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange MONUSD | −0.0344% | 1h | 0.02599 | −0.131% | $6K | $1K | 5x | as long as short |
| Injective MON/USDC PERP | −0.0053% | 1h | 0.02582 | −0.769% | $6K | $107 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0029% | 8h | 0.02592 | −0.377% | $21.6M | $11.8M | 50x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02582 | −0.757% | $13K | $362K | 5x | as long as short |
| Perpl MON | 0.0000% | 43m | 0.02596 | −0.231% | $145K | $1.8M | 10x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02599 | −0.135% | $70K | $117K | 25x | as long as short |
| Aftermath Perps MONUSD | +0.0030% | 1h | 0.02589 | −0.481% | $2K | $73K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0066% | 8h | 0.02596 | −0.239% | $8K | $42 | 5x | as long as short |
| Orderly PERP_MON_USDC | +0.0075% | 4h | 0.02594 | −0.307% | $17K | $64K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02598 | −0.154% | $849K | $760K | 10x | as long as short |
01 Exchange MONUSD
Injective MON/USDC PERP
Bybit MONUSDT
Phoenix MON
Perpl MON
Deribit MON_USDC-PERPETUAL
Aftermath Perps MONUSD
Paradex MON-USD-PERP
Orderly PERP_MON_USDC
Lighter MONShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MONshort | +0.0100% | 1h | 0.02600 | −0.077% | $35.0M | $7.4M | 5x | |
| Aster MONUSDT | +0.0100% | 4h | 0.02598 | −0.170% | $108K | $233K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02598 | −0.160% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02596 | −0.242% | $143K | $106K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02595 | −0.269% | $24.6M | $24.6M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02592 | −0.384% | $4.4M | $6.0M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02580 | −0.847% | $108K | $3K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02595 | −0.269% | $1.0M | $862K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02596 | −0.231% | $2.8M | $1.8M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02588 | −0.527% | $779K | $411K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02580 | −0.841% | $47K | $242K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02586 | −0.608% | $582K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02587 | −0.576% | $69K | $480K | 50x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02602 | −0.004% | $389K | $535K | 10x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02596 | −0.231% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02602 | −0.017% | $52K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02598 | −0.173% | $39K | — | 3x | as long as short |
| Kraken Futures PF_MONUSD | +0.0172% | 1h | 0.02601 | −0.042% | $268K | $67K | 10x | as long as short |
| BloFin MON-USDT | +0.0185% | 4h | 0.02595 | −0.269% | $1.4M | $295K | 75x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0261% / S −0.0598% | 1h | 0.02595 | −0.269% | $9K | — | 50x | as long as short |
| KuCoin MONUSDTMlong | +0.0336% | 4h | 0.02602 | long leg | $3.2M | $747K | 75x | |
| Backpack MON_USDC_PERP | +0.0516% | 1h | 0.02598 | −0.138% | $139K | $137K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0536% | 1h | 0.02607 | +0.181% | $114K | $50K | 50x | 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
Nado MON-PERP
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
Kraken Futures PF_MONUSD
BloFin MON-USDT
GMX MON/USD [ETH-USDC]
Backpack MON_USDC_PERP
Coinbase International MON-PERP-INTX