Funding you earn now, next payment 00:00 UTC−0.1216%/8h= −133.1% APRpaid last 24h −0.127%
Price spread now: KuCoin against Hyperliquid−0.161%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$630.633% of the position
Funding, last 7 days−0.262%−$26 on $10k
+Price spread, last 7 days+0.166%+$17 · spread now −0.161%, 7d avg −0.034%
=Together, before fees−0.096%+ Points / potential airdropHyperliquid: Season 2 · farm board−$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$36 a day on $10k at the current rate, and KuCoin is 0.127% cheaper against Hyperliquid than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.034%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.262% in total (about -13.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid XMR | 589.74 | 0.1787 | pay 0.0223% / 1h | 2m 31s | $88.9M | $72.3M | 5x |
| Short | KuCoin XMRUSDTM | 588.79 | 0.0571 | get 0.0571% / 8h | 2m 31s | $48.1M | $26.2M | 50x |
Hyperliquid XMR
KuCoin XMRUSDTMFunding 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
- −$255.3
- Price spread: −0.161% → −0.034%
- −$12.73
- Slippage, 4 orders
- −$42.33
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$331.36
- Costs to cover
- 0.633%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 11 min ago; KuCoin: live order book, 7 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 | 2.11 bp | 10.2 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 5.17 bp | 17.2 bp −$17 | 36.9 bp −$369 | doesn't fit | doesn't fit |
XMR 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) XMR/USD | L +0.0010% / S −0.0009% | 1h | 589.68 | −0.010% | $45K | — | 150x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 589.34 | −0.068% | $1.0M | $665K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 590.85 | +0.188% | $2K | $2.0M | 20x | as long as short |
| Aevo XMR-PERP | +0.0168% | 1h | 590.75 | +0.172% | $12K | — | 3x | as long as short |
| Bybit XMRUSDT | +0.0170% | 8h | 589.30 | −0.075% | $47.8M | $64.4M | 75x | as long as short |
| MEXC XMR_USDT | +0.0341% | 8h | 589.00 | −0.125% | $21.5M | $15.2M | 100x | as long as short |
| Binance XMRUSDT | +0.0348% | 8h | 588.85 | −0.150% | $53.9M | $166.2M | 75x | as long as short |
| Lighter XMR | +0.0424% | 1h | 589.26 | −0.081% | $3.3M | $7.2M | 10x | as long as short |
| BingX XMR-USDT | +0.0448% | 8h | 588.85 | −0.151% | — | $5.8M | — | as long as short |
| Kraken Futures PF_XMRUSD | +0.0466% | 1h | 589.65 | −0.015% | $5.6M | $20.6M | 50x | as long as short |
gTrade (Gains Network) XMR/USD
edgeX XMRUSDC
SunX XMR-USDT
Aevo XMR-PERP
Bybit XMRUSDT
MEXC XMR_USDT
Binance XMRUSDT
Lighter XMR
BingX XMR-USDT
Kraken Futures PF_XMRUSDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XMRUSDT | +0.0474% | 8h | 588.44 | −0.220% | $9.7M | $14.6M | 50x | as long as short |
| Gate XMR_USDT | +0.0480% | 8h | 588.15 | −0.270% | $1.6M | $4.6M | 50x | as long as short |
| BloFin XMR-USDT | +0.0493% | 8h | 591.15 | +0.239% | $2.8M | $11.6M | 75x | as long as short |
| Backpack XMR_USDC_PERP | +0.0523% | 1h | 589.97 | +0.039% | $200K | $579K | 20x | as long as short |
| Pacifica XMR | +0.0565% | 1h | 589.21 | −0.090% | $274K | $1.1M | 10x | as long as short |
| KuCoin XMRUSDTMshort | +0.0571% | 8h | 588.79 | −0.161% | $48.1M | $26.2M | 50x | |
| Aster XMRUSDT | +0.0595% | 8h | 589.25 | −0.083% | $632K | $2.4M | 75x | as long as short |
| Variational Omni XMR | +0.0616% | 8h | 589.83 | +0.014% | $6.7M | $2.6M | — | as long as short |
| GRVT XMR_USDT_Perp | +0.0622% | 8h | 590.44 | +0.119% | $346K | $795K | 10x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0869% / S −0.2452% | 1h | 589.58 | −0.028% | $549K | — | 100x | as long as short |
| Polymarket Perps XMR-USD | +0.0957% | 1h | 591.44 | +0.288% | $52K | $2.0M | 5x | as long as short |
| Orderly PERP_XMR_USDC | +0.0969% | 8h | 591.08 | +0.227% | $42K | $734K | 10x | as long as short |
| Paradex XMR-USD-PERP | +0.0973% | 8h | 588.94 | −0.136% | $8K | $4K | 20x | as long as short |
| SoDEX XMR-USD | +0.1154% | 1h | 590.88 | +0.193% | $449K | $3K | 5x | as long as short |
| Nado XMR-PERP | +0.1236% | 1h | 589.02 | −0.122% | $1.3M | $470K | 10x | as long as short |
| Injective XMR/USDC PERP | +0.1312% | 1h | 596.76 | +1.190% | $3K | $6K | 12x | as long as short |
| dYdX XMR-USD | +0.1544% | 1h | 588.65 | −0.184% | $107K | $50K | 5x | as long as short |
| HTX XMR-USDT | +0.1697% | 8h | 589.96 | +0.037% | $1.1M | $1.5M | 20x | as long as short |
| Hyperliquid XMRlong | +0.1787% | 1h | 589.74 | long leg | $88.9M | $72.3M | 5x | |
| Extended XMR-USD | +0.2112% | 1h | 588.73 | −0.171% | $3.2M | $7.1M | 25x | as long as short |
| Aftermath Perps XMRUSD | +0.2425% | 1h | 590.87 | +0.191% | $2K | $46K | 10x | as long as short |
Bitget XMRUSDT
Gate XMR_USDT
BloFin XMR-USDT
Backpack XMR_USDC_PERP
Pacifica XMR
Aster XMRUSDT
Variational Omni XMR
GRVT XMR_USDT_Perp
GMX XMR/USD [WBTC.b-USDC]
Polymarket Perps XMR-USD
Orderly PERP_XMR_USDC
Paradex XMR-USD-PERP
SoDEX XMR-USD
Nado XMR-PERP
Injective XMR/USDC PERP
dYdX XMR-USD
HTX XMR-USDT
Extended XMR-USD
Aftermath Perps XMRUSD