Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against Hyperliquid−0.067%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$890.890% of the position
Funding, last 7 days−0.061%−$6 on $10k
+Price spread, last 7 days+0.021%+$2 · spread now −0.067%, 7d avg −0.033%
=Together, before fees−0.040%+ Points / potential airdropHyperliquid: Season 2 · farm board−$4 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 0.035% cheaper against Hyperliquid than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.033%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ETC | 8.8940 | 0.0100 | pay 0.0013% / 1h | 18m 52s | $2.3M | $426K | 5x |
| Short | KuCoin ETCUSDTM | 8.8880 | 0.0100 | get 0.0100% / 8h | 1h 18m | $2.9M | $728K | 50x |
Hyperliquid ETC
KuCoin ETCUSDTMFunding 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: −0.067% → −0.033%
- −$3.48
- Slippage, 4 orders
- −$68
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$92.48
- Costs to cover
- 0.890%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 2 min ago; KuCoin: live order book, 3 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, 2 min ago | 1.85 bp | 12.1 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 6.74 bp | 21.3 bp −$21 | 83.9 bp −$839 | doesn't fit | doesn't fit |
ETC on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ETCUSD | −0.0215% | 1h | 8.8812 | −0.144% | $2.0M | $679K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.8850 | −0.101% | $9K | $46 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.8798 | −0.160% | $503 | $978 | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.8863 | −0.086% | — | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | −0.214% | $34 | $102K | 5.5x | as long as short |
| Hyperliquid ETClong | +0.0100% | 1h | 8.8940 | long leg | $2.3M | $426K | 5x | |
| Aster ETCUSDT | +0.0100% | 8h | 8.8852 | −0.099% | $994K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.8831 | −0.123% | $26.5M | $68.2M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.8790 | −0.169% | $13.1M | $7.4M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.8790 | −0.169% | $8.8M | $16.5M | 50x | as long as short |
Kraken Futures PF_ETCUSD
dYdX ETC-USD
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
Injective ETC/USDC PERP
Aster ETCUSDT
Binance ETCUSDT
Bybit ETCUSDT
OKX ETC-USDT-SWAPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ETC_USDT | +0.0100% | 8h | 8.8850 | −0.101% | $3.6M | $2.4M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.8840 | −0.112% | $7.5M | $32.3M | 200x | as long as short |
| KuCoin ETCUSDTMshort | +0.0100% | 8h | 8.8880 | −0.067% | $2.9M | $728K | 50x | |
| Bitget ETCUSDT | +0.0100% | 8h | 8.8777 | −0.183% | $9.8M | $3.8M | 75x | as long as short |
| BingX ETC-USDC | +0.0100% | 8h | 8.8850 | −0.101% | — | $716K | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.8844 | −0.108% | $126K | $2K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.8800 | −0.157% | $135 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.8953 | +0.015% | $134K | $268K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.8810 | −0.146% | $2.0M | $2.6M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.8842 | −0.110% | $11K | $191K | 25x | as long as short |
| BloFin ETC-USDT | +0.0220% | 8h | 8.8790 | −0.169% | $1.4M | $216K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0536% | 1h | 8.9980 | +1.169% | $36K | $13K | 50x | as long as short |
Gate ETC_USDT
MEXC ETC_USDT
Bitget ETCUSDT
BingX ETC-USDC
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
Extended ETC-USD
BloFin ETC-USDT
Coinbase International ETC-PERP-INTX