Funding you earn now, next payment 12:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.20 per $10,000 · paid last 24h +0.013%
Price spread now: BloFin against KuCoin−0.040%65s7-day average −0.001% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.213%+$21 on $10k
+Price spread, last 4 days (all we have)+0.106%+$11 · spread now −0.040%, 7d avg −0.001%
=Funding pays, the price is against you. BloFin is 0.040% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.040% now, against its 7-day average of −0.001%). If the spread goes back, that is −$4 on $10k: about 3.3 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.213% in total) that is about 31 hours. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin HYPERUSDTM | 0.07418 | 0.0100 | pay 0.0050% / 4h | 1h 08m | $116K | $54K | 30x |
| Short | BloFin HYPER-USDT | 0.07415 | 0.0140 | get 0.0070% / 4h | 1h 08m | $192K | $14K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $8.44
- Price spread: −0.040% → −0.001%
- −$3.98
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$19.54
- Costs to cover
- 0.240%
- Break-even
- 23.2 days
Slippage unknown: KuCoin: no order-book sample; BloFin: live order book, 30 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 KuCoin no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 30 min ago | 2.02 bp | 23.6 bp −$24 | 79.9 bp −$799 | doesn't fit | doesn't fit |
KuCoin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
HYPER on 10 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid HYPER | +0.0100% | 1h | 0.07423 | +0.070% | $72K | $108K | 3x | as long as short |
| Aster HYPERUSDT | +0.0100% | 4h | 0.07423 | +0.066% | $20K | $2K | 5x | as long as short |
| Binance HYPERUSDT | +0.0100% | 4h | 0.07417 | −0.012% | $2.0M | $2.1M | 50x | as long as short |
| Bybit HYPERUSDT | +0.0100% | 4h | 0.07421 | +0.040% | $1.2M | $719K | 25x | as long as short |
| Gate HYPER_USDT | +0.0100% | 4h | 0.07410 | −0.108% | $90K | $30K | 50x | as long as short |
| MEXC HYPER_USDT | +0.0100% | 4h | 0.07417 | −0.013% | $232K | $118K | 20x | as long as short |
| KuCoin HYPERUSDTMlong | +0.0100% | 4h | 0.07418 | long leg | $116K | $54K | 30x | |
| Bitget HYPERUSDT | +0.0100% | 4h | 0.07417 | −0.013% | $314K | $171K | 50x | as long as short |
| Variational Omni HYPER | +0.0100% | 4h | 0.07410 | −0.112% | $6K | $1K | — | as long as short |
| BloFin HYPER-USDTshort | +0.0140% | 4h | 0.07415 | −0.040% | $192K | $14K | 50x |
KuCoin HYPERUSDTM
BloFin HYPER-USDT
Hyperliquid HYPER
Aster HYPERUSDT
Binance HYPERUSDT
Bybit HYPERUSDT
Gate HYPER_USDT
MEXC HYPER_USDT
Bitget HYPERUSDT
Variational Omni HYPER