Funding you earn now, next payment 00:00 UTC+0.0128%/8h= +14.0% APRpaid last 24h +0.038%
Price spread now: Hyperliquid against KuCoin+0.167%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$770.769% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 7 days−0.181%−$18 · spread now +0.167%, 7d avg +0.051%
=Together, before fees−0.189%+ Points / potential airdropHyperliquid: Season 2 · farm board−$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Hyperliquid is 0.116% dearer against KuCoin than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.051%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin TIAUSDTM | 0.4378 | −0.0028 | get 0.0014% / 4h | 52m 43s | $4.2M | $8.6M | 50x |
| Short | Hyperliquid TIA | 0.4385 | 0.0100 | get 0.0013% / 1h | 52m 43s | $4.3M | $1.5M | 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
- $26.88
- Price spread: +0.167% → +0.051%
- $11.62
- Slippage, 4 orders
- −$55.87
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$38.37
- Costs to cover
- 0.769%
- Break-even
- 17.0 days
Slippage from KuCoin: live order book, 5 min ago; Hyperliquid: live order book, 9 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, 5 min ago | 2.29 bp | 22.4 bp −$22 | 79.5 bp −$795 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 9 min ago | 0.92 bp | 12.4 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
TIA on 27 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_TIAUSD | −0.0162% | 1h | 0.4382 | +0.097% | $360K | $245K | 50x | as long as short |
| OKX TIA-USDT-SWAP | −0.0144% | 4h | 0.4375 | −0.069% | $2.8M | $6.0M | 50x | as long as short |
| KuCoin TIAUSDTMlong | −0.0028% | 4h | 0.4378 | long leg | $4.2M | $8.6M | 50x | |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4383 | +0.114% | $30K | $27K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4383 | +0.119% | $1K | — | 150x | as long as short |
| Gate TIA_USDT | +0.0032% | 4h | 0.4382 | +0.091% | $992K | $1.8M | 75x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4385 | +0.148% | $140K | $361K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0098% | 4h | 0.4381 | +0.069% | $5K | $363K | 10x | as long as short |
| Hyperliquid TIAshort | +0.0100% | 1h | 0.4385 | +0.167% | $4.3M | $1.5M | 5x | |
| Aster TIAUSDT | +0.0100% | 4h | 0.4381 | +0.072% | $35K | $267K | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance TIAUSDT | +0.0100% | 4h | 0.4378 | 0.000% | $14.6M | $42.3M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4376 | −0.046% | $9.6M | $13.2M | 50x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4380 | +0.046% | $13.8M | $6.7M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4376 | −0.046% | $4.5M | $3.5M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4380 | +0.046% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4382 | +0.103% | $101K | $151K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4375 | −0.071% | $102K | $84K | — | as long as short |
| ApeX Omni TIAUSDT | +0.0100% | 1h | 0.4373 | −0.114% | $49K | $235K | 50x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4381 | +0.069% | $65K | $42K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4377 | −0.020% | $55K | $169K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4382 | +0.099% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0179% | 1h | 0.4379 | +0.022% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0208% | 1h | 0.4383 | +0.114% | $51K | $77K | 50x | as long as short |
| Injective TIA/USDC PERP | +0.0210% | 1h | 0.4384 | +0.137% | $27K | $10K | 12x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4384 | +0.137% | $1.1M | $570K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0459% / S −0.3505% | 1h | 0.4383 | +0.114% | $36K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0580% | 1h | 0.4381 | +0.077% | $52K | $59 | 10x | as long as short |
KuCoin TIAUSDTM
Hyperliquid TIA
Kraken Futures PF_TIAUSD
OKX TIA-USDT-SWAP
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
Gate TIA_USDT
Lighter TIA
Aster TIAUSDT
Binance TIAUSDT
Bybit TIAUSDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDC
Backpack TIA_USDC_PERP
Variational Omni TIA
ApeX Omni TIAUSDT
HTX TIA-USDT
Extended TIA-USD
Coinbase International TIA-PERP-INTX
Injective TIA/USDC PERP
BloFin TIA-USDT
GMX TIA/USD [ETH-USDC]