Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against KuCoin+0.141%7-day average +0.076% · you sell dearer than you buy
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$144as in the Price arb table
costs, in and out, $10k−$1511.509% of the position
Funding, last 7 days+0.081%+$8 on $10k
+Price spread, last 4 days (all we have)−0.037%−$4 · spread now +0.141%, 7d avg +0.076%
=Together, before fees+0.044%+ 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: Hyperliquid is 0.065% dearer against KuCoin than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.076%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin GMTUSDTM | 0.008500 | 0.0100 | pay 0.0050% / 4h | 3h 32m | $254K | $101K | 50x |
| Short | Hyperliquid GMT | 0.008512 | 0.0100 | get 0.0013% / 1h | 32m 09s | $128K | $127K | 3x |
KuCoin GMTUSDTM
Hyperliquid GMTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against KuCoin. 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: +0.141% → +0.076%
- $6.47
- Slippage, 4 orders
- −$129.88
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$144.41
- Costs to cover
- 1.509%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 18 min ago; Hyperliquid: live order book, 17 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 KuCoin live order book, 18 min ago | 11.95 bp | 47.6 bp −$48 | 281.6 bp −$2,816 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 17 min ago | 3.58 bp | 28.6 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
GMT on 12 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_GMTUSD | −0.1357% | 1h | 0.008524 | +0.286% | $46K | $11K | 20x | as long as short |
| Hyperliquid GMTshort | +0.0100% | 1h | 0.008512 | +0.141% | $128K | $127K | 3x | |
| Aster GMTUSDT | +0.0100% | 4h | 0.008516 | +0.187% | $8K | $14K | 10x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008513 | +0.149% | $2.7M | $3.2M | 50x | as long as short |
| Bybit GMTUSDT | +0.0100% | 8h | 0.008511 | +0.129% | $1.1M | $1.1M | 50x | as long as short |
| OKX GMT-USDT-SWAP | +0.0100% | 4h | 0.008515 | +0.176% | $358K | $609K | 20x | as long as short |
| Gate GMT_USDT | +0.0100% | 8h | 0.008510 | +0.118% | $148K | $109K | 50x | as long as short |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008512 | +0.141% | $419K | $187K | 20x | as long as short |
| KuCoin GMTUSDTMlong | +0.0100% | 4h | 0.008500 | long leg | $254K | $101K | 50x | |
| Bitget GMTUSDT | +0.0100% | 4h | 0.008508 | +0.094% | $695K | $411K | 50x | as long as short |
Kraken Futures PF_GMTUSD
Aster GMTUSDT
Binance GMTUSDT
Bybit GMTUSDT
OKX GMT-USDT-SWAP
Gate GMT_USDT
MEXC GMT_USDT
Bitget GMTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GMT-USDT | +0.0100% | 4h | 0.008514 | +0.165% | — | $1.2M | — | as long as short |
| Variational Omni GMT | +0.0100% | 8h | 0.008419 | −0.951% | $3K | $5K | — | as long as short |
BingX GMT-USDT
Variational Omni GMT