Funding you earn now, next payment 22:00 UTC−0.0297%/8h= −32.5% APRpaid last 24h −0.047%
Price spread now: KuCoin against Hyperliquid−0.154%7-day average −0.089% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$510.509% of the position
Funding, last 7 days−0.214%−$21 on $10k
+Price spread, last 7 days+0.078%+$8 · spread now −0.154%, 7d avg −0.089%
=Together, before fees−0.136%+ Points / potential airdropHyperliquid: Season 2 · farm board−$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and KuCoin is 0.066% cheaper against Hyperliquid than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.089%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid UNI | 8.8136 | 0.0397 | pay 0.0050% / 1h | 51m 14s | $95.7M | $59.6M | 10x |
| Short | KuCoin UNIUSDTM | 8.8000 | 0.0100 | get 0.0100% / 8h | 2h 51m | $13.7M | $13.6M | 75x |
Hyperliquid UNI
KuCoin UNIUSDTMFunding 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
- −$62.29
- Price spread: −0.154% → −0.089%
- −$6.56
- Slippage, 4 orders
- −$29.87
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$119.72
- Costs to cover
- 0.509%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 13 min ago; KuCoin: live order book, 2 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, 13 min ago | 0.28 bp | 6.9 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 1.13 bp | 17.0 bp −$17 | 20.1 bp −$201 | 60.3 bp −$6,033 | doesn't fit |
UNI on 40 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 UNI | −0.0201% | 8h | 8.8015 | −0.138% | $3.9M | $4.9M | — | as long as short |
| Bybit UNIUSDT | −0.0193% | 8h | 8.7970 | −0.188% | $102.5M | $103.9M | 75x | as long as short |
| 01 Exchange UNIUSD | −0.0064% | 1h | 8.8043 | −0.106% | $439 | — | 10x | as long as short |
| Deribit UNI_USDC-PERPETUAL | 0.0000% | 1h | 8.8074 | −0.070% | $550K | $125K | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0006% | 1h | 8.8067 | −0.079% | $79K | — | 150x | as long as short |
| OKX UNI-USDT-SWAP | +0.0008% | 8h | 8.7970 | −0.188% | $54.2M | $244.2M | 50x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8051 | −0.096% | $25K | — | 20x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.8050 | −0.098% | $848K | $3.9M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.8082 | −0.061% | $1.0M | $3.4M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.8060 | −0.086% | $297K | $559K | 10x | as long as short |
Variational Omni UNI
Bybit UNIUSDT
01 Exchange UNIUSD
Deribit UNI_USDC-PERPETUAL
gTrade (Gains Network) UNI/USD
OKX UNI-USDT-SWAP
Paradex UNI-USD-PERP
Nado UNI-PERP
Aster UNIUSDT
Pacifica UNIShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance UNIUSDT | +0.0100% | 8h | 8.8000 | −0.154% | $215.5M | $593.7M | 75x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.8120 | −0.018% | $272K | $605K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.8000 | −0.154% | $22.8M | $58.9M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8010 | −0.143% | $42.6M | $24.4M | 200x | as long as short |
| KuCoin UNIUSDTMshort | +0.0100% | 8h | 8.8000 | −0.154% | $13.7M | $13.6M | 75x | |
| Bitget UNIUSDT | +0.0100% | 8h | 8.7970 | −0.188% | $31.9M | $41.0M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 8.7980 | −0.177% | — | $49.8M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8172 | +0.041% | $976K | $2.4M | 10x | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8216 | +0.091% | $166K | $343K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8310 | +0.198% | $619K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.8260 | +0.141% | $83K | $713K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.8170 | +0.039% | $105K | $3.3M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.8045 | −0.103% | $86K | $331K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8010 | −0.143% | $15K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.8075 | −0.069% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.7990 | −0.166% | $28K | $659K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.8240 | +0.118% | $721K | $4.3M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.8070 | −0.075% | $26.5M | $4.3M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.7965 | −0.194% | $307K | $1.4M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8062 | −0.084% | $31K | $1K | 3x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0200% | 1h | 8.8280 | +0.163% | $1.0M | $5.3M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8060 | −0.086% | $9.8M | $3.3M | 75x | as long as short |
| dYdX UNI-USD | +0.0231% | 1h | 8.8100 | −0.041% | $244K | $5K | 10x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0270% | 1h | 8.8058 | −0.089% | $4.9M | $7.1M | 50x | as long as short |
| Reya UNIRUSDPERP | +0.0359% | 1h | 8.7979 | −0.178% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0380% / S −0.0320% | 1h | 8.8050 | −0.098% | $552K | — | 120x | as long as short |
| Hyperliquid UNIlong | +0.0397% | 1h | 8.8136 | long leg | $95.7M | $59.6M | 10x | |
| Lighter UNI | +0.0472% | 1h | 8.8227 | +0.103% | $4.5M | $5.3M | 15x | as long as short |
| Aftermath Perps UNIUSD | +0.0497% | 1h | 8.8189 | +0.060% | $1K | $50K | 10x | as long as short |
| Injective UNI/USDC PERP | +0.2702% | 1h | 8.7900 | −0.268% | $657 | $97K | 12x | as long as short |
Binance UNIUSDT
Arcus UNI-USD
Gate UNI_USDT
MEXC UNI_USDT
Bitget UNIUSDT
BingX UNI-USDT
Backpack UNI_USDC_PERP
edgeX UNIUSDC
GRVT UNI_USDT_Perp
ApeX Omni UNIUSDT
StandX UNI-USD
Polymarket Perps UNI-USD
Orderly PERP_UNI_USDC
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Extended UNI-USD
Aevo UNI-PERP
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
dYdX UNI-USD
Kraken Futures PF_UNIUSD
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Lighter UNI
Aftermath Perps UNIUSD
Injective UNI/USDC PERP