Funding you earn now, next payment 04:00 UTC−0.0152%/8h= −16.6% APRnext payment −$0.76 per $10,000 · paid last 24h −0.014%
Price spread now: KuCoin against Bitget+0.067%7-day average −0.091% · you sell dearer than you buy
Net, funding: paid 7d − costs−$598as in the Funding arb table
Net, price: spread back to 7d avg − costs−$557as in the Price arb table
costs, in and out, $10k−$5735.727% of the position
Funding, last 7 days−0.250%−$25 on $10k
+Price spread, last 4 days (all we have)−0.216%−$22 · spread now +0.067%, 7d avg −0.091%
=The price spread pays, funding is against you. KuCoin is 0.158% dearer against Bitget than usual: you sell high and buy low (spread +0.067% now, against its 7-day average of −0.091%): +$16 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 3.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget HYPERUSDT | 0.07504 | 0.0100 | pay 0.0050% / 4h | 46m 57s | $312K | $283K | 50x |
| Short | KuCoin HYPERUSDTM | 0.07509 | −0.0052 | pay 0.0026% / 4h | 46m 57s | $106K | $87K | 30x |
Bitget HYPERUSDT
KuCoin HYPERUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bitget. 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
- −$31.92
- Price spread: +0.067% → −0.091%
- $15.78
- Slippage, 4 orders
- −$548.73
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$588.87
- Costs to cover
- 5.727%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; KuCoin: live order book, 27 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 Bitget live order book, 3 min ago | 9.99 bp | 29.1 bp −$29 | 132.0 bp −$1,320 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 27 min ago | 14.49 bp | 251.8 bp −$252 | doesn't fit | doesn't fit | doesn't fit |
HYPER on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HYPERUSDTMshort | −0.0052% | 4h | 0.07509 | +0.067% | $106K | $87K | 30x | |
| BloFin HYPER-USDT | +0.0057% | 4h | 0.07506 | +0.027% | $193K | $21K | 50x | as long as short |
| Hyperliquid HYPER | +0.0100% | 1h | 0.07507 | +0.035% | $71K | $132K | 3x | as long as short |
| Aster HYPERUSDT | +0.0100% | 4h | 0.07508 | +0.060% | $20K | $4K | 5x | as long as short |
| Binance HYPERUSDT | +0.0100% | 4h | 0.07502 | −0.031% | $2.0M | $2.2M | 50x | as long as short |
| Bybit HYPERUSDT | +0.0100% | 4h | 0.07504 | 0.000% | $1.2M | $811K | 25x | as long as short |
| Gate HYPER_USDT | +0.0100% | 4h | 0.07510 | +0.080% | $87K | $42K | 50x | as long as short |
| MEXC HYPER_USDT | +0.0100% | 4h | 0.07501 | −0.040% | $236K | $129K | 20x | as long as short |
| Bitget HYPERUSDTlong | +0.0100% | 4h | 0.07504 | long leg | $312K | $283K | 50x | |
| Variational Omni HYPER | +0.0100% | 4h | 0.07524 | +0.262% | $6K | $1K | — | as long as short |
BloFin HYPER-USDT
Hyperliquid HYPER
Aster HYPERUSDT
Binance HYPERUSDT
Bybit HYPERUSDT
Gate HYPER_USDT
MEXC HYPER_USDT
Variational Omni HYPER