Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.012%
Price spread now: KuCoin against Hyperliquid−0.003%7-day average −0.113% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.068%−$7 on $10k
+Price spread, last 7 days−0.079%−$8 · spread now −0.003%, 7d avg −0.113%
=Together, before fees−0.147%+ Points / potential airdropHyperliquid: Season 2 · farm board−$15 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 0.111% dearer against Hyperliquid than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.113%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ETHFI | 0.6966 | 0.0100 | pay 0.0013% / 1h | 5m 46s | $16.7M | $8.7M | 5x |
| Short | KuCoin ETHFIUSDTM | 0.6966 | 0.0100 | get 0.0050% / 4h | 1h 05m | $1.2M | $228K | 50x |
Hyperliquid ETHFI
KuCoin ETHFIUSDTMFunding 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: −0.003% → −0.113%
- $11.06
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$9.94
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 7 min ago; KuCoin: live order book, 4 min ago. Net counts fees only.
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, 7 min ago | 0.86 bp | 8.6 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 5.03 bp | 51.0 bp −$51 | 156.9 bp −$1,569 | doesn't fit | doesn't fit |
ETHFI on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0467% | 1h | 0.6964 | −0.032% | $41K | $11K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0417% | 4h | 0.6962 | −0.060% | $83K | $174K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0279% | 4h | 0.6966 | −0.003% | $16K | $1K | 10x | as long as short |
| Variational Omni ETHFI | −0.0128% | 4h | 0.6968 | +0.030% | $917K | $785K | — | as long as short |
| Paradex ETHFI-USD-PERP | −0.0012% | 8h | 0.6967 | +0.017% | $6K | — | 5x | as long as short |
| MEXC ETHFI_USDT | −0.0012% | 4h | 0.6963 | −0.046% | $15.8M | $4.2M | 125x | as long as short |
| Binance ETHFIUSDT | −0.0011% | 4h | 0.6960 | −0.094% | $24.2M | $36.4M | 75x | as long as short |
| Extended ETHFI-USD | −0.0008% | 1h | 0.6962 | −0.061% | $95K | $505K | 10x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +3.930% | $321 | $51K | 5.5x | as long as short |
| Bybit ETHFIUSDT | +0.0049% | 4h | 0.6964 | −0.032% | $17.2M | $13.1M | 25x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
HTX ETHFI-USDT
Orderly PERP_ETHFI_USDC
Variational Omni ETHFI
Paradex ETHFI-USD-PERP
MEXC ETHFI_USDT
Binance ETHFIUSDT
Extended ETHFI-USD
Injective ETHFI/USDC PERP
Bybit ETHFIUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo ETHFI-PERP | +0.0080% | 1h | 0.6960 | −0.089% | $8K | — | 3x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.6967 | +0.019% | $1.1M | $832K | 5x | as long as short |
| Hyperliquid ETHFIlong | +0.0100% | 1h | 0.6966 | long leg | $16.7M | $8.7M | 5x | |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.6971 | +0.072% | $178K | $263K | 10x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.6967 | +0.011% | $5.1M | $12.7M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.6967 | +0.011% | $1.7M | $2.0M | 75x | as long as short |
| KuCoin ETHFIUSDTMshort | +0.0100% | 4h | 0.6966 | −0.003% | $1.2M | $228K | 50x | |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.6964 | −0.032% | $6.1M | $4.9M | 75x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.6966 | −0.003% | — | $1.2M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.6976 | +0.141% | $52K | $149K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.6966 | −0.003% | $1K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0228% | 4h | 0.6943 | −0.333% | $1.2M | $240K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0328% | 1h | 0.6978 | +0.169% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.1686% | 1h | 0.6978 | +0.171% | $291K | $295K | 20x | as long as short |
Aevo ETHFI-PERP
Lighter ETHFI
Aster ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
Bitget ETHFIUSDT
BingX ETHFI-USDC
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD