Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.053%
Price spread now: KuCoin against Hyperliquid−0.079%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$260.258% of the position
Funding, last 7 days−0.052%−$5 on $10k
+Price spread, last 7 days+0.068%+$7 · spread now −0.079%, 7d avg −0.041%
=Together, before fees+0.016%+ Points / potential airdropHyperliquid: Season 2 · farm board+$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.038% cheaper against Hyperliquid than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.041%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid BNB | 789.77 | 0.0100 | pay 0.0013% / 1h | 20m 17s | $51.8M | $17.5M | 10x |
| Short | KuCoin BNBUSDTM | 789.15 | 0.0100 | get 0.0100% / 8h | 4h 20m | $28.1M | $10.4M | 75x |
Hyperliquid BNB
KuCoin BNBUSDTMFunding 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
- $0
- Price spread: −0.079% → −0.041%
- −$3.78
- Slippage, 4 orders
- −$4.75
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$29.54
- Costs to cover
- 0.258%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 3 min ago; KuCoin: live order book, 4 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, 3 min ago | 0.19 bp | 5.9 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 0.06 bp | 6.1 bp −$6 | 15.7 bp −$157 | 47.5 bp −$4,745 | doesn't fit |
BNB on 46 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX BNB/USD [WBTC.b-USDC] | L −0.0187% / S +0.0352% | 1h | 789.22 | −0.070% | $46K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 789.52 | −0.032% | $4K | $42 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 789.55 | −0.028% | $851K | $3.2M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 789.23 | −0.069% | $9.5M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +1.940% | $19K | $789K | 30x | as long as short |
| Aster BNBUSDT | +0.0039% | 8h | 789.76 | −0.001% | $6.1M | $18.7M | 200x | as long as short |
| BingX BNB-USDT | +0.0051% | 8h | 789.35 | −0.053% | — | $34.4M | — | as long as short |
| Phemex BNBUSDT | +0.0059% | 8h | 789.81 | +0.005% | $69.1M | $50.0M | 50x | as long as short |
| Binance BNBUSDT | +0.0063% | 8h | 789.76 | −0.002% | $492.8M | $789.9M | 75x | as long as short |
| MEXC BNB_USDT | +0.0063% | 8h | 790.00 | +0.029% | $80.2M | $12.4M | 200x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Injective BNB/USDC PERP
Aster BNBUSDT
BingX BNB-USDT
Phemex BNBUSDT
Binance BNBUSDT
MEXC BNB_USDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International BNB-PERP-INTX | +0.0064% | 1h | 789.45 | −0.041% | $582K | $1.9M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 789.36 | −0.052% | $2.7M | $3.8M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 789.22 | −0.070% | $265K | $492K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 789.15 | −0.079% | $1.5M | $2.6M | 20x | as long as short |
| Hyperliquid BNBlong | +0.0100% | 1h | 789.77 | long leg | $51.8M | $17.5M | 10x | |
| Pacifica BNB | +0.0100% | 1h | 789.67 | −0.013% | $1.2M | $931K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 789.07 | −0.089% | $138.8M | $74.6M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 789.00 | −0.097% | $53.4M | $111.2M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 789.60 | −0.022% | $52K | $130K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 789.20 | −0.072% | $35.5M | $57.4M | 75x | as long as short |
| KuCoin BNBUSDTMshort | +0.0100% | 8h | 789.15 | −0.079% | $28.1M | $10.4M | 75x | |
| Bitget BNBUSDT | +0.0100% | 8h | 788.88 | −0.113% | $76.3M | $30.1M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 789.57 | −0.025% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 788.80 | −0.122% | $4.1M | $4.6M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 789.71 | −0.008% | $4.1M | $73.3M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 790.13 | +0.046% | $159K | $440K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 789.00 | −0.097% | $133K | $950K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 789.34 | −0.054% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 789.67 | −0.013% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 789.40 | −0.047% | $388K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 789.05 | −0.092% | $8.1M | $9.5M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0101% | 8h | 790.10 | +0.041% | $77K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 788.84 | −0.118% | $1.8M | $5.9M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 789.30 | −0.060% | $379K | $110K | 10x | as long as short |
| Phoenix BNB | +0.0117% | 1h | 789.49 | −0.035% | $170K | $35K | 10x | as long as short |
| dYdX BNB-USD | +0.0127% | 1h | 789.35 | −0.053% | $160K | $64K | 10x | as long as short |
| GRVT BNB_USDT_Perp | +0.0148% | 8h | 789.97 | +0.025% | $2.9M | $28.6M | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0176% | 8h | 790.00 | +0.029% | $125K | $2.7M | 4.8x | as long as short |
| BloFin BNB-USDT | +0.0183% | 8h | 789.68 | −0.011% | $18.1M | $2.2M | 75x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 789.65 | −0.015% | $1.5M | $143K | 25x | as long as short |
| Bulk BNB-USD | +0.0222% | 1h | 790.13 | +0.045% | $640K | $9K | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0232% | 1h | 789.82 | +0.006% | $28K | $4K | 10x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0263% | 1h | 789.10 | −0.084% | $2.5M | $1.2M | 50x | as long as short |
| Reya BNBRUSDPERP | +0.0326% | 1h | 788.89 | −0.111% | $6K | $3K | 40x | as long as short |
| Hibachi BNB/USDT-P | +0.0408% | 1h | 789.50 | −0.034% | $67K | $38K | 12x | as long as short |
| RISEx BNB/USDC | +0.0461% | 1h | 789.70 | −0.009% | $1.1M | $967K | 20x | as long as short |
Coinbase International BNB-PERP-INTX
Lighter BNB
Orderly PERP_BNB_USDC
Nado BNB-PERP
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
Bitget BNBUSDT
Backpack BNB_USDC_PERP
Variational Omni BNB
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Phoenix BNB
dYdX BNB-USD
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
BloFin BNB-USDT
Deribit BNB_USDC-PERPETUAL
Bulk BNB-USD
01 Exchange BNBUSD
Kraken Futures PF_BNBUSD
Reya BNBRUSDPERP
Hibachi BNB/USDT-P
RISEx BNB/USDC