Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against KuCoin−0.009%7-day average +0.045% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.125%+$12 · spread now −0.009%, 7d avg +0.045%
=Together, before fees+0.125%+ Points / potential airdropHyperliquid: Season 2 · farm board+$12 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 0.054% cheaper against KuCoin than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.045%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin INITUSDTM | 0.08162 | 0.0100 | pay 0.0050% / 4h | 2h 27m | $325K | $55K | 25x |
| Short | Hyperliquid INIT | 0.08161 | 0.0100 | get 0.0013% / 1h | 27m 19s | $297K | $235K | 3x |
KuCoin INITUSDTM
Hyperliquid INITFunding 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: −0.009% → +0.045%
- −$5.37
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$26.37
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 53 min ago; Hyperliquid: live order book, 56 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 live order book, 53 min ago | 16.43 bp | 474.1 bp −$474 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 56 min ago | 1.89 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
INIT on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin INIT-USDT | +0.0052% | 4h | 0.08160 | −0.025% | $154K | $110K | 25x | as long as short |
| Hyperliquid INITshort | +0.0100% | 1h | 0.08161 | −0.009% | $297K | $235K | 3x | |
| Aster INITUSDT | +0.0100% | 4h | 0.08163 | +0.011% | $27K | $36K | 5x | as long as short |
| Binance INITUSDT | +0.0100% | 4h | 0.08165 | +0.039% | $3.4M | $3.6M | 25x | as long as short |
| Bybit INITUSDT | +0.0100% | 4h | 0.08153 | −0.110% | $1.4M | $1.4M | 25x | as long as short |
| OKX INIT-USDT-SWAP | +0.0100% | 4h | 0.08158 | −0.049% | $132K | $629K | 10x | as long as short |
| Gate INIT_USDT | +0.0100% | 8h | 0.08155 | −0.086% | $83K | $56K | 25x | as long as short |
| MEXC INIT_USDT | +0.0100% | 4h | 0.08163 | +0.012% | $443K | $216K | 20x | as long as short |
| KuCoin INITUSDTMlong | +0.0100% | 4h | 0.08162 | long leg | $325K | $55K | 25x | |
| Bitget INITUSDT | +0.0100% | 4h | 0.08157 | −0.061% | $426K | $311K | 25x | as long as short |
BloFin INIT-USDT
Aster INITUSDT
Binance INITUSDT
Bybit INITUSDT
OKX INIT-USDT-SWAP
Gate INIT_USDT
MEXC INIT_USDT
Bitget INITUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX INIT-USDT | +0.0100% | 4h | 0.08156 | −0.074% | — | $6.6M | — | as long as short |
| Variational Omni INIT | +0.0100% | 4h | 0.08152 | −0.121% | $26K | $23K | — | as long as short |
| Kraken Futures PF_INITUSD | +0.0536% | 1h | 0.08160 | −0.021% | $6K | $17K | 10x | as long as short |
BingX INIT-USDT
Variational Omni INIT
Kraken Futures PF_INITUSD