Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.005%
Price spread now: Hyperliquid against KuCoin+0.124%7-day average +0.131% · you sell dearer than you buy
Net, funding: paid 7d − costs−$256as in the Funding arb table
Net, price: spread back to 7d avg − costs−$239as in the Price arb table
costs, in and out, $10k−$2382.379% of the position
Funding, last 7 days−0.178%−$18 on $10k
+Price spread, last 7 days+0.073%+$7 · spread now +0.124%, 7d avg +0.131%
=Together, before fees−0.105%+ Points / potential airdropHyperliquid: Season 2 · farm board−$10 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SUSDTM | 0.04111 | 0.0100 | pay 0.0050% / 4h | 1h 17m | $1.9M | $2.7M | 50x |
| Short | Hyperliquid S | 0.04116 | 0.0100 | get 0.0013% / 1h | 17m 22s | $1.0M | $554K | 5x |
Funding 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
- $0
- Price spread: +0.124% → +0.131%
- −$0.74
- Slippage, 4 orders
- −$216.91
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$238.65
- Costs to cover
- 2.379%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 10 min ago; Hyperliquid: live order book, 3 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, 10 min ago | 6.11 bp | 108.8 bp −$109 | 352.9 bp −$3,529 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 3 min ago | 1.34 bp | 20.3 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
S on 25 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 SUSD | −1.1576% | 1h | 0.03950 | −3.916% | $24K | $2K | 5x | as long as short |
| Kraken Futures PF_SUSD | −0.1682% | 1h | 0.04085 | −0.644% | $34K | $16K | 10x | as long as short |
| Coinbase International S-PERP-INTX | −0.1456% | 1h | 0.04022 | −2.165% | $48K | $16K | 25x | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0206% / S +0.0198% | 1h | 0.04088 | −0.547% | $1K | — | 100x | as long as short |
| Variational Omni S | −0.0135% | 4h | 0.04099 | −0.298% | $636K | $31K | — | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.04114 | +0.073% | $4 | — | 15x | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.04118 | +0.163% | $3K | — | 150x | as long as short |
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | −0.268% | $2K | $37K | 12x | as long as short |
| Orderly PERP_S_USDC | +0.0068% | 4h | 0.04089 | −0.535% | $101K | $332K | 10x | as long as short |
| Lighter S | +0.0096% | 1h | 0.04109 | −0.049% | $172K | $157K | 5x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid Sshort | +0.0100% | 1h | 0.04116 | +0.124% | $1.0M | $554K | 5x | |
| Aster SUSDT | +0.0100% | 4h | 0.04100 | −0.260% | $45K | $133K | 10x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.04117 | +0.147% | $5.7M | $13.7M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.04111 | 0.000% | $5.9M | $4.5M | 50x | as long as short |
| OKX S-USDT-SWAP | +0.0100% | 4h | 0.04115 | +0.097% | $1.1M | $4.0M | 20x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.04109 | −0.049% | $338K | $201K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.04116 | +0.122% | $4.0M | $1.8M | 200x | as long as short |
| KuCoin SUSDTMlong | +0.0100% | 4h | 0.04111 | long leg | $1.9M | $2.7M | 50x | |
| Bitget SUSDT | +0.0100% | 4h | 0.04117 | +0.146% | $1.2M | $2.1M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.04114 | +0.073% | — | $6.7M | — | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.04110 | −0.024% | $25K | $449K | 50x | as long as short |
| Extended S-USD | +0.0104% | 1h | 0.04108 | −0.062% | $233K | $1.1M | 10x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.04096 | −0.365% | $285K | $104K | 75x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.0728% | 1h | 0.04093 | −0.438% | $69K | $10K | 10x | as long as short |
| Backpack S_USDC_PERP | +0.1616% | 1h | 0.04100 | −0.268% | $121K | $373K | 5x | as long as short |
KuCoin SUSDTM
Hyperliquid S
01 Exchange SUSD
Kraken Futures PF_SUSD
Coinbase International S-PERP-INTX
GMX S/USD [WBTC.b-USDC]
Variational Omni S
gTrade (Gains Network) S/USD
Injective S/USDC PERP
Lighter S
Aster SUSDT
Binance SUSDT
Bybit SUSDT
OKX S-USDT-SWAP
Gate S_USDT
MEXC S_USDT
Bitget SUSDT
BingX S-USDT
ApeX Omni SUSDT
Extended S-USD
BloFin S-USDT
Deribit S_USDC-PERPETUAL
Backpack S_USDC_PERP