Funding you earn now, next payment 04:00 UTC+0.0019%/8h= +2.1% APRpaid last 24h +0.057%
Price spread now: Hyperliquid against KuCoin+0.136%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$600.603% of the position
Funding, last 7 days+0.023%+$2 on $10k
+Price spread, last 7 days−0.069%−$7 · spread now +0.136%, 7d avg +0.044%
=Together, before fees−0.046%+ Points / potential airdropHyperliquid: Season 2 · farm board−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Hyperliquid is 0.092% dearer against KuCoin than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.044%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin XLMUSDTM | 0.2138 | 0.0100 | pay 0.0100% / 8h | 4h 26m | $14.1M | $9.6M | 75x |
| Short | Hyperliquid XLM | 0.2141 | 0.0119 | get 0.0015% / 1h | 26m 25s | $12.3M | $6.2M | 5x |
KuCoin XLMUSDTM
Hyperliquid XLMFunding 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
- $4.06
- Price spread: +0.136% → +0.044%
- $9.17
- Slippage, 4 orders
- −$39.33
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$47.1
- Costs to cover
- 0.603%
- Break-even
- 88.3 days
Slippage from KuCoin: live order book, 2 min ago; Hyperliquid: live order book, 6 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, 2 min ago | 1.87 bp | 20.9 bp −$21 | 39.3 bp −$393 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 6 min ago | 0.23 bp | 6.2 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
XLM on 31 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2137 | −0.038% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −0.622% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2141 | +0.108% | $370K | $967K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2138 | −0.005% | $569K | $625K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2139 | +0.037% | $54.8M | $155.1M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2138 | −0.005% | $43.2M | $45.6M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2139 | +0.042% | $12.5M | $42.6M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2138 | −0.023% | $4.1M | $6.8M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2139 | +0.028% | $23.7M | $26.9M | 300x | as long as short |
| KuCoin XLMUSDTMlong | +0.0100% | 8h | 0.2138 | long leg | $14.1M | $9.6M | 75x |
gTrade (Gains Network) XLM/USD
Injective XLM/USDC PERP
Lighter XLM
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XLMUSDT | +0.0100% | 8h | 0.2139 | +0.051% | $25.8M | $21.3M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2138 | +0.005% | — | $6.7M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2141 | +0.145% | $96K | $271K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2143 | +0.226% | $257K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2143 | +0.214% | $12K | $306K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2148 | +0.460% | $597K | $592K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2145 | +0.337% | $172K | $258K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2138 | −0.014% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2137 | −0.051% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2142 | +0.154% | $583 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2140 | +0.084% | $198K | $253K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2141 | +0.122% | $9.0M | $8.9M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2138 | −0.025% | $191K | $1.8M | 10x | as long as short |
| Hyperliquid XLMshort | +0.0119% | 1h | 0.2141 | +0.136% | $12.3M | $6.2M | 5x | |
| dYdX XLM-USD | +0.0200% | 1h | 0.2139 | +0.014% | $23K | $2K | 10x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2143 | +0.206% | $2.3M | $5.1M | 75x | as long as short |
| Phoenix XLM | +0.0225% | 1h | 0.2145 | +0.327% | $5K | $46K | 5x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0263% | 1h | 0.2142 | +0.151% | $2.6M | $2.6M | 50x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0480% | 1h | 0.2143 | +0.206% | $238K | $1.5M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0520% / S −0.0247% | 1h | 0.2137 | −0.058% | $40K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.1012% | 1h | 0.2142 | +0.192% | $532K | $153K | 25x | as long as short |
Bitget XLMUSDT
BingX XLM-USDC
Backpack XLM_USDC_PERP
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
Orderly PERP_XLM_USDC_mythos
SunX XLM-USDT
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
dYdX XLM-USD
BloFin XLM-USDT
Phoenix XLM
Kraken Futures PF_XLMUSD
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL