Funding you earn now, next payment 22:00 UTC+0.0161%/8h= +17.6% APRpaid last 24h −0.036%
Price spread now: Hyperliquid against KuCoin+0.048%7-day average +0.012% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.178%−$18 on $10k
+Price spread, last 4 days (all we have)−0.150%−$15 · spread now +0.048%, 7d avg +0.012%
=Together, before fees−0.328%+ Points / potential airdropHyperliquid: Season 2 · farm board−$33 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Hyperliquid is 0.036% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.012%. Mind the row above: over the last 7 days funding on this pair cost −0.178%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SANDUSDTM | 0.04145 | −0.0061 | get 0.0061% / 8h | 2h 48m | $2.6M | $366K | 50x |
| Short | Hyperliquid SAND | 0.04147 | 0.0100 | get 0.0013% / 1h | 48m 39s | $571K | $443K | 5x |
KuCoin SANDUSDTM
Hyperliquid SANDFunding 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
- $33.81
- Price spread: +0.048% → +0.012%
- $3.64
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $16.45
- Costs to cover
- 0.210%
- Break-even
- 3.6 days
Slippage unknown: KuCoin: live order book, 3 min ago; Hyperliquid: live order book, 36 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 | 2.42 bp | 46.3 bp −$46 | 104.8 bp −$1,048 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 36 min ago | 1.80 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
SAND 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SAND | −0.0155% | 8h | 0.04142 | −0.072% | $113K | $5K | — | as long as short |
| Bitget SANDUSDT | −0.0077% | 8h | 0.04145 | 0.000% | $1.7M | $551K | 10x | as long as short |
| KuCoin SANDUSDTMlong | −0.0061% | 8h | 0.04145 | long leg | $2.6M | $366K | 50x | |
| Aster SANDUSDT | −0.0017% | 8h | 0.04147 | +0.042% | $13K | $18K | 10x | as long as short |
| BloFin SAND-USDT | +0.0022% | 8h | 0.04144 | −0.024% | $321K | $289K | 75x | as long as short |
| Injective SAND/USDC PERP | +0.0033% | 1h | 0.04129 | −0.386% | $757 | $795 | 5.5x | as long as short |
| Extended SAND-USD | +0.0040% | 1h | 0.04148 | +0.063% | $3K | $194K | 10x | as long as short |
| MEXC SAND_USDT | +0.0043% | 8h | 0.04149 | +0.097% | $11.7M | $1.7M | 200x | as long as short |
| Binance SANDUSDT | +0.0046% | 8h | 0.04148 | +0.061% | $6.5M | $12.3M | 75x | as long as short |
| Hyperliquid SANDshort | +0.0100% | 1h | 0.04147 | +0.048% | $571K | $443K | 5x |
Variational Omni SAND
Bitget SANDUSDT
Aster SANDUSDT
BloFin SAND-USDT
Injective SAND/USDC PERP
Extended SAND-USD
MEXC SAND_USDT
Binance SANDUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SANDUSDT | +0.0100% | 8h | 0.04146 | +0.024% | $3.3M | $3.2M | 75x | as long as short |
| OKX SAND-USDT-SWAP | +0.0100% | 8h | 0.04149 | +0.097% | $1.8M | $3.3M | 50x | as long as short |
| Gate SAND_USDT | +0.0100% | 8h | 0.04150 | +0.121% | $462K | $572K | 75x | as long as short |
| BingX SAND-USDT | +0.0100% | 8h | 0.04148 | +0.072% | — | $2.4M | — | as long as short |
| Kraken Futures PF_SANDUSD | +0.0285% | 1h | 0.04152 | +0.159% | $155K | $96K | 25x | as long as short |
Bybit SANDUSDT
OKX SAND-USDT-SWAP
Gate SAND_USDT
BingX SAND-USDT
Kraken Futures PF_SANDUSD