Funding you earn now, next payment 06:00 UTC+0.0075%/8h= +8.2% APRpaid last 24h +0.027%
Price spread now: Hyperliquid against KuCoin+0.076%7-day average +0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$990.991% of the position
Funding, last 7 days+0.137%+$14 on $10k
+Price spread, last 4 days (all we have)+0.144%+$14 · spread now +0.076%, 7d avg +0.082%
=Together, before fees+0.281%+ Points / potential airdropHyperliquid: Season 2 · farm board+$28 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.082%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PEOPLEUSDTM | 0.009209 | 0.0025 | pay 0.0025% / 8h | 2h 36m | $658K | $160K | 50x |
| Short | Hyperliquid PEOPLE | 0.009216 | 0.0100 | get 0.0013% / 1h | 36m 15s | $436K | $331K | 3x |
KuCoin PEOPLEUSDTM
Hyperliquid PEOPLEFunding 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
- $15.75
- Price spread: +0.076% → +0.082%
- −$0.58
- Slippage, 4 orders
- −$78.12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$83.94
- Costs to cover
- 0.991%
- Break-even
- 44.3 days
Slippage from KuCoin: live order book, 23 min ago; Hyperliquid: live order book, 34 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 KuCoin live order book, 23 min ago | 14.06 bp | 36.9 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 34 min ago | 0.54 bp | 13.9 bp −$14 | doesn't fit | 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 | −0.0597% | 1h | 0.009207 | −0.024% | $36K | $48K | 10x | as long as short |
| Gate PEOPLE_USDT | −0.0083% | 8h | 0.009215 | +0.065% | $781K | $1.7M | 50x | as long as short |
| Variational Omni PEOPLE | −0.0054% | 8h | 0.009192 | −0.189% | $7K | $3K | — | as long as short |
| KuCoin PEOPLEUSDTMlong | +0.0025% | 8h | 0.009209 | long leg | $658K | $160K | 50x | |
| Bybit PEOPLEUSDT | +0.0085% | 8h | 0.009211 | +0.022% | $1.7M | $2.7M | 50x | as long as short |
| MEXC PEOPLE_USDT | +0.0090% | 8h | 0.009220 | +0.119% | $685K | $316K | 200x | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0091% | 8h | 0.009212 | +0.033% | $3.4M | $9.4M | 20x | as long as short |
| Hyperliquid PEOPLEshort | +0.0100% | 1h | 0.009216 | +0.076% | $436K | $331K | 3x | |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009226 | +0.185% | $11K | $94K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009218 | +0.099% | $5.7M | $18.0M | 50x | as long as short |
Kraken Futures PF_PEOPLEUSD
Gate PEOPLE_USDT
Variational Omni PEOPLE
Bybit PEOPLEUSDT
MEXC PEOPLE_USDT
OKX PEOPLE-USDT-SWAP
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 | 0.009212 | +0.033% | $1.8M | $1.3M | 50x | as long as short |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009211 | +0.022% | — | $7.5M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009221 | +0.130% | $43K | $51K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009216 | +0.073% | $184 | — | 5x | as long as short |
| BloFin PEOPLE-USDT | +0.0128% | 8h | 0.009208 | −0.011% | $357K | $104K | 50x | as long as short |
Bitget PEOPLEUSDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD
BloFin PEOPLE-USDT