Funding you earn now, next payment 04:00 UTC−0.0149%/8h= −16.3% APRpaid last 24h +0.074%
Price spread now: KuCoin against Hyperliquid−0.165%7-day average +0.130% · you buy dearer than you sell
Net, funding: paid 7d − costs−$445as in the Funding arb table
Net, price: spread back to 7d avg − costs−$503as in the Price arb table
costs, in and out, $10k−$4744.738% of the position
Funding, last 7 days+0.291%+$29 on $10k
+Price spread, last 7 days+0.167%+$17 · spread now −0.165%, 7d avg +0.130%
=Together, before fees+0.458%+ Points / potential airdropHyperliquid: Season 2 · farm board+$46 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and KuCoin is 0.295% cheaper against Hyperliquid than usual: you would sell low and buy high (−$29 if the spread goes back to its 7-day average of +0.130%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.291%, 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 | Hyperliquid STBL | 0.02663 | 0.0249 | pay 0.0031% / 1h | 30m 07s | $2.0M | $266K | 3x |
| Short | KuCoin STBLUSDTM | 0.02659 | 0.0100 | get 0.0050% / 4h | 30m 07s | $1.1M | $233K | 20x |
Hyperliquid STBL
KuCoin STBLUSDTMFunding 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
- −$31.27
- Price spread: −0.165% → +0.130%
- −$29.48
- Slippage, 4 orders
- −$452.82
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$534.57
- Costs to cover
- 4.738%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 11 min ago; KuCoin: live order book, 5 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, 11 min ago | 0.94 bp | 35.1 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 9.43 bp | 204.6 bp −$205 | doesn't fit | doesn't fit | doesn't fit |
STBL on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter STBL | +0.0096% | 1h | 0.02654 | −0.353% | $80K | $2K | 3x | as long as short |
| Aster STBLUSDT | +0.0100% | 4h | 0.02657 | −0.224% | $89K | $5K | 5x | as long as short |
| Binance STBLUSDT | +0.0100% | 4h | 0.02666 | +0.093% | $1.9M | $2.1M | 50x | as long as short |
| Gate STBL_USDT | +0.0100% | 4h | 0.02675 | +0.436% | $1.2M | $94K | 50x | as long as short |
| MEXC STBL_USDT | +0.0100% | 4h | 0.02665 | +0.060% | $356K | $146K | 100x | as long as short |
| KuCoin STBLUSDTMshort | +0.0100% | 4h | 0.02659 | −0.165% | $1.1M | $233K | 20x | |
| Variational Omni STBL | +0.0100% | 4h | 0.02664 | +0.024% | $971 | $276 | — | as long as short |
| SunX STBL-USDT | +0.0100% | 4h | 0.02658 | −0.203% | $1K | $1.1M | 20x | as long as short |
| BloFin STBL-USDT | +0.0159% | 4h | 0.02659 | −0.165% | $127K | $22K | 50x | as long as short |
| Hyperliquid STBLlong | +0.0249% | 1h | 0.02663 | long leg | $2.0M | $266K | 3x |
Lighter STBL
Aster STBLUSDT
Binance STBLUSDT
Gate STBL_USDT
MEXC STBL_USDT
Variational Omni STBL
SunX STBL-USDT
BloFin STBL-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX STBL-USDT | +0.0454% | 4h | 0.02669 | +0.210% | — | $6.6M | — | as long as short |
| Bybit STBLUSDT | +0.0522% | 4h | 0.02667 | +0.135% | $1.5M | $663K | 20x | as long as short |
BingX STBL-USDT
Bybit STBLUSDT