Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.008%
Price spread now: KuCoin against Lighter−0.019%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$220.217% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 7 days+0.023%+$2 · spread now −0.019%, 7d avg −0.024%
=Together, before fees+0.030%+ Points / potential airdropLighter: Season 3 · farm board+$3 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter HYPE | 93.057 | 0.0096 | pay 0.0012% / 1h | 15m 10s | $16.0M | $62.8M | 20x |
| Short | KuCoin HYPEUSDTM | 93.040 | 0.0100 | get 0.0050% / 4h | 3h 15m | $46.1M | $18.5M | 75x |
Lighter HYPE
KuCoin HYPEUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Lighter. 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
- $0.84
- Price spread: −0.019% → −0.024%
- $0.56
- Slippage, 4 orders
- −$9.75
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$20.35
- Costs to cover
- 0.217%
- Break-even
- 176.5 days
Slippage from Lighter: live order book, 4 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 Lighter live order book, 4 min ago | 0.86 bp | 1.1 bp −$1 | 2.6 bp −$26 | 11.5 bp −$1,148 | 40.6 bp −$20.3K |
| Sell KuCoin live order book, 4 min ago | 0.54 bp | 10.7 bp −$11 | 14.4 bp −$144 | doesn't fit | doesn't fit |
HYPE on 55 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi HYPE/USDT-P | −0.1768% | 1h | 93.085 | +0.030% | $194K | $232K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0311% | 1h | 92.987 | −0.076% | $22K | $21K | 10x | as long as short |
| Arcus HYPE-USD | −0.0194% | 1h | 93.049 | −0.009% | $1.1M | $3.9M | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.085 | +0.030% | $3K | $331 | 25x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0053% | 4h | 93.053 | −0.005% | $146K | $674K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.078 | +0.023% | $128K | $29K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.087 | +0.031% | $22K | $293K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 93.110 | +0.057% | $62K | — | 150x | as long as short |
| Bullet HYPE-USD | +0.0008% | 1h | 93.085 | +0.030% | $111K | $577K | 20x | as long as short |
| Ondo Perps HYPE-USD.P | +0.0017% | 1h | 93.000 | −0.062% | $701K | $1.1M | 10x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Arcus HYPE-USD
Hotstuff HYPE-PERP
Orderly PERP_HYPE_USDC
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Bullet HYPE-USD
Ondo Perps HYPE-USD.PShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange HYPEUSD | +0.0024% | 1h | 93.103 | +0.049% | $87K | $365K | 20x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 93.103 | +0.049% | $208K | $1.2M | 10x | as long as short |
| Bybit HYPEUSDT | +0.0031% | 8h | 93.024 | −0.036% | $317.3M | $283.9M | 75x | as long as short |
| Phemex HYPEUSDT | +0.0031% | 8h | 93.079 | +0.023% | $12.6M | $2.7M | 50x | as long as short |
| Bitget HYPEUSDT | +0.0042% | 4h | 93.014 | −0.047% | $225.1M | $99.1M | 75x | as long as short |
| Popdex HYPEUSDT | +0.0048% | 1h | 93.071 | +0.015% | $76K | $1.1M | 50x | as long as short |
| Gate HYPE_USDT | +0.0092% | 4h | 93.036 | −0.023% | $45.3M | $54.6M | 75x | as long as short |
| Lighter HYPElong | +0.0096% | 1h | 93.057 | long leg | $16.0M | $62.8M | 20x | |
| Lighter RH HYPE | +0.0096% | 1h | 93.063 | +0.006% | $3.1M | $11.6M | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0097% | 8h | 93.115 | +0.061% | $339K | $163K | 20x | as long as short |
| edgeX HYPEUSDC | +0.0099% | 4h | 93.181 | +0.132% | $5.0M | $29.8M | 30x | as long as short |
| Katana Perps HYPE-USD | +0.0099% | 8h | 93.060 | +0.003% | $31K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.070 | +0.014% | $7.1M | $46.3M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.070 | +0.013% | $2.03B | $668.5M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 93.049 | −0.009% | $8.7M | $36.3M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.107 | +0.053% | $10.0M | $15.2M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.030 | −0.029% | $373.4M | $911.1M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.020 | −0.040% | $114.0M | $305.5M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 92.709 | −0.375% | $202K | $13K | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.030 | −0.029% | $91.3M | $81.4M | 100x | as long as short |
| KuCoin HYPEUSDTMshort | +0.0100% | 4h | 93.040 | −0.019% | $46.1M | $18.5M | 75x | |
| BingX HYPE-USDT | +0.0100% | 4h | 93.032 | −0.027% | — | $53.9M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.045 | −0.013% | $7.3M | $11.2M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 92.999 | −0.063% | $28.6M | $56.8M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.250 | +0.207% | $7.5M | $46.7M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.266 | +0.224% | $342K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.081 | +0.025% | $665K | $2.9M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.121 | +0.068% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.115 | +0.062% | $488K | $2.7M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.082 | +0.026% | $79K | $167K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 93.048 | −0.010% | $16.0M | $7.5M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.080 | +0.024% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.037 | −0.022% | $2.0M | $2.0M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 93.205 | +0.159% | $1.4M | $6.3M | 75x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.009 | −0.052% | $18.1M | $43.6M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.070 | +0.013% | $393K | $164K | 20x | as long as short |
| Kalshi KXHYPEPERP | +0.0116% | 8h | 93.148 | +0.097% | $1.8M | $5.5M | 2.3x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 93.130 | +0.078% | $4.7M | $5.6M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0197% | 1h | 93.094 | +0.039% | $20.7M | $29.5M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0242% | 1h | 93.410 | +0.379% | $30K | $339K | 12x | as long as short |
| Reya HYPERUSDPERP | +0.0266% | 1h | 93.070 | +0.013% | $79K | $131K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0331% / S −0.0154% | 1h | 93.099 | +0.044% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.042 | −0.017% | $16.8M | $11.8M | 75x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0545% | 1h | 93.157 | +0.107% | $7.5M | $4.5M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0598% | 1h | 93.137 | +0.086% | $3.2M | $6.3M | 20x | as long as short |
01 Exchange HYPEUSD
Phoenix HYPE
Bybit HYPEUSDT
Phemex HYPEUSDT
Bitget HYPEUSDT
Popdex HYPEUSDT
Gate HYPE_USDT
Lighter RH HYPE
Paradex HYPE-USD-PERP
edgeX HYPEUSDC
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Aster HYPEUSDT
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Bulk HYPE-USD
MEXC HYPE_USDT
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Extended HYPE-USD
Aevo HYPE-PERP
Kalshi KXHYPEPERP
Coinbase International HYPE-PERP-INTX
Kraken Futures PF_HYPEUSD
Injective HYPE/USDC PERP
Reya HYPERUSDPERP
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC