Settings8H · net · $10k
Funding arb · Price arb /

CC

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.052%
Price spread now: KuCoin against Hyperliquid−0.094%7-day average −0.118% · you buy dearer than you sell
Net, funding: paid 7d − costs−$475as in the Funding arb table
Net, price: spread back to 7d avg − costs−$456as in the Price arb table
costs, in and out, $10k−$4584.584% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.163%−$16 on $10k
Price spread, last 4 days (all we have)−0.215%−$21 · spread now −0.094%, 7d avg −0.118%
Together, before fees−0.378%+ Points / potential airdropHyperliquid: Season 2 · farm board−$38 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 0.024% dearer against Hyperliquid than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.118%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid CC0.11700.0100pay 0.0013% / 1h42m 28s$5.5M$1.4M3x
ShortKuCoin CCUSDTM0.11690.0100get 0.0050% / 4h42m 28s$482K$122K50x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.094% → −0.118%
$2.39
Slippage, 4 orders
−$437.39
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$456
Costs to cover
4.584%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 9 min ago; KuCoin: live order book, 40 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 9 min ago0.86 bp12.7 bp −$13doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 40 min ago22.44 bp189.4 bp −$189doesn't fitdoesn't fitdoesn't fit

CC on 19 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective CC/USDC PERP−0.3024%1h0.1180+0.837%$402$3K5.5xas long as short
Bybit CCUSDT−0.0157%4h0.1168−0.162%$10.6M$3.9M25xas long as short
MEXC CC_USDT−0.0146%4h0.1168−0.222%$1.7M$324K100xas long as short
Paradex CC-USD-PERP+0.0097%8h0.1168−0.165%$1K5xas long as short
Hyperliquid CClong+0.0100%1h0.1170long leg$5.5M$1.4M3x
Aster CCUSDT+0.0100%4h0.1169−0.068%$35K$32K20xas long as short
Binance CCUSDT+0.0100%4h0.1167−0.256%$11.0M$12.1M75xas long as short
OKX CC-USDT-SWAP+0.0100%4h0.1168−0.171%$2.5M$3.4M20xas long as short
Gate CC_USDT+0.0100%4h0.1168−0.222%$362K$216K50xas long as short
KuCoin CCUSDTMshort+0.0100%4h0.1169−0.094%$482K$122K50x
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CCUSDT+0.0100%4h0.1168−0.197%$912K$775K20xas long as short
BingX CC-USDT+0.0100%4h0.1168−0.205%$6.6Mas long as short
Backpack CC_USDC_PERP+0.0100%1h0.1168−0.214%$15K$22K10xas long as short
Variational Omni CC+0.0100%4h0.1163−0.595%$592K$55Kas long as short
GRVT CC_USDT_Perp+0.0100%4h0.1165−0.481%$89K$2.4M10xas long as short
Derive CC-PERP+0.0100%1h0.1167−0.274%$6K$35K6.7xas long as short
BloFin CC-USDT+0.0340%4h0.1164−0.530%$594K$98K75xas long as short
GMX CC/USD [WBTC.b-USDC]L +0.0448% / S −0.0241%1h0.1169−0.118%$44K50xas long as short
Lighter CC+0.0800%1h0.1174+0.291%$243K$160K5xas long as short