Funding you earn now, next payment 05:00 UTC−0.0089%/8h= −9.7% APRpaid last 24h −0.026%
Price spread now: KuCoin against Hyperliquid+0.086%7-day average −0.081% · you sell dearer than you buy
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$1000.999% of the position
Funding, last 7 days−0.137%−$14 on $10k
+Price spread, last 4 days (all we have)−0.391%−$39 · spread now +0.086%, 7d avg −0.081%
=Together, before fees−0.528%+ Points / potential airdropHyperliquid: Season 2 · farm board−$53 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.167% dearer against Hyperliquid than usual: you sell high and buy low (spread +0.086% now, against its 7-day average of −0.081%): +$17 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid PEOPLE | 0.009283 | 0.0100 | pay 0.0013% / 1h | 2m 33s | $485K | $285K | 3x |
| Short | KuCoin PEOPLEUSDTM | 0.009291 | 0.0011 | get 0.0011% / 8h | 3h 02m | $664K | $159K | 50x |
Hyperliquid PEOPLE
KuCoin PEOPLEUSDTMFunding 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
- −$18.69
- Price spread: +0.086% → −0.081%
- $16.72
- Slippage, 4 orders
- −$78.87
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$101.85
- Costs to cover
- 0.999%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 8 min ago; KuCoin: live order book, 72 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, 8 min ago | 0.54 bp | 17.5 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 72 min ago | 15.08 bp | 30.0 bp −$30 | 1002.7 bp −$10.0K | doesn't fit | doesn't fit |
PEOPLE on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_PEOPLEUSD | −0.0399% | 1h | 0.009282 | −0.015% | $36K | $47K | 10x | as long as short |
| Gate PEOPLE_USDT | −0.0167% | 8h | 0.009278 | −0.054% | $714K | $1.6M | 50x | as long as short |
| Variational Omni PEOPLE | −0.0040% | 8h | 0.009307 | +0.263% | $7K | $3K | — | as long as short |
| KuCoin PEOPLEUSDTMshort | +0.0011% | 8h | 0.009291 | +0.086% | $664K | $159K | 50x | |
| MEXC PEOPLE_USDT | +0.0088% | 8h | 0.009280 | −0.032% | $694K | $316K | 200x | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0088% | 8h | 0.009273 | −0.108% | $3.4M | $9.4M | 20x | as long as short |
| Bybit PEOPLEUSDT | +0.0088% | 8h | 0.009268 | −0.162% | $1.7M | $2.7M | 50x | as long as short |
| Hyperliquid PEOPLElong | +0.0100% | 1h | 0.009283 | long leg | $485K | $285K | 3x | |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009289 | +0.061% | $9K | $92K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009275 | −0.086% | $5.8M | $17.8M | 50x | as long as short |
Kraken Futures PF_PEOPLEUSD
Gate PEOPLE_USDT
Variational Omni PEOPLE
MEXC PEOPLE_USDT
OKX PEOPLE-USDT-SWAP
Bybit PEOPLEUSDT
Aster PEOPLEUSDT
Binance PEOPLEUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009278 | −0.054% | $1.8M | $1.3M | 50x | as long as short |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009278 | −0.054% | — | $7.5M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009286 | +0.032% | $44K | $50K | 50x | as long as short |
| BloFin PEOPLE-USDT | +0.0100% | 8h | 0.009288 | +0.054% | $360K | $104K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009272 | −0.114% | $186 | — | 5x | as long as short |
Bitget PEOPLEUSDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT
BloFin PEOPLE-USDT
Extended PEOPLE-USD