Settings8H · net · $10k
Funding arb · Price arb /

HYPER

all HYPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0041%/8h= +4.5% APRnext payment +$0.20 per $10,000 · paid last 24h −0.013%
Price spread now: KuCoin against BloFin−0.107%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,093as in the Price arb table
costs, in and out, $10k−$1,08210.825% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.213%−$21 on $10k
Price spread, last 4 days (all we have)+0.051%+$5 · spread now −0.107%, 7d avg 0.000%
Together, before fees−0.162%−$16 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.107% cheaper against BloFin than usual: you would sell low and buy high (spread −0.107% now, against its 7-day average of 0.000%). If the spread goes back, that is −$11 on $10k: about 8.7 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.213%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin HYPER-USDT0.074790.0059pay 0.0030% / 4h1h 52m$193K$14K50x
ShortKuCoin HYPERUSDTM0.074710.0100get 0.0050% / 4h1h 52m$101K$53K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BloFin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$8.6
Price spread: −0.107% → 0.000%
−$10.66
Slippage, 4 orders
−$1,058.49
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,084.55
Costs to cover
10.825%
Break-even
889.6 days
Slippage from BloFin: live order book, 52 min ago; KuCoin: live order book, 48 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 52 min ago6.06 bp24.7 bp −$2560.6 bp −$606doesn't fitdoesn't fit
Sell KuCoin live order book, 48 min ago14.11 bp222.2 bp −$222doesn't fitdoesn't fitdoesn't fit

HYPER on 10 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin HYPER-USDTlong+0.0059%4h0.07479long leg$193K$14K50x
Hyperliquid HYPER+0.0100%1h0.07462−0.230%$73K$110K3xas long as short
Aster HYPERUSDT+0.0100%4h0.07469−0.131%$20K$2K5xas long as short
Binance HYPERUSDT+0.0100%4h0.07457−0.294%$2.0M$2.1M50xas long as short
Bybit HYPERUSDT+0.0100%4h0.07459−0.267%$1.2M$710K25xas long as short
Gate HYPER_USDT+0.0100%4h0.07460−0.254%$91K$30K50xas long as short
MEXC HYPER_USDT+0.0100%4h0.07458−0.281%$235K$114K20xas long as short
KuCoin HYPERUSDTMshort+0.0100%4h0.07471−0.107%$101K$53K30x
Bitget HYPERUSDT+0.0100%4h0.07471−0.107%$321K$192K50xas long as short
Variational Omni HYPER+0.0100%4h0.07450−0.386%$6K$1Kas long as short