Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.004%
Price spread now: KuCoin against Hyperliquid−0.023%7-day average −0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$1111.114% of the position
Funding, last 7 days−0.186%−$19 on $10k
+Price spread, last 7 days+0.003%$0 · spread now −0.023%, 7d avg −0.065%
=Together, before fees−0.183%+ Points / potential airdropHyperliquid: Season 2 · farm board−$18 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: KuCoin is 0.042% dearer against Hyperliquid than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.065%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid LDO | 0.4280 | 0.0100 | pay 0.0013% / 1h | 44m 31s | $11.8M | $3.9M | 5x |
| Short | KuCoin LDOUSDTM | 0.4279 | 0.0100 | get 0.0100% / 8h | 6h 44m | $2.7M | $4.2M | 50x |
Hyperliquid LDO
KuCoin LDOUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Hyperliquid. 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: −0.023% → −0.065%
- $4.15
- Slippage, 4 orders
- −$90.42
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$107.27
- Costs to cover
- 1.114%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 8 min ago; KuCoin: live order book, 8 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 Hyperliquid live order book, 8 min ago | 1.28 bp | 13.2 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 8 min ago | 2.33 bp | 34.4 bp −$34 | 276.6 bp −$2,766 | doesn't fit | doesn't fit |
LDO on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LDO-PERP-INTX | −0.0416% | 1h | 0.4278 | −0.047% | $119K | $45K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4280 | 0.000% | $83K | $17K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −3.972% | $4K | $13 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0099% | 8h | 0.4274 | −0.145% | $3K | — | 20x | as long as short |
| Hyperliquid LDOlong | +0.0100% | 1h | 0.4280 | long leg | $11.8M | $3.9M | 5x | |
| Aster LDOUSDT | +0.0100% | 8h | 0.4282 | +0.045% | $168K | $134K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4281 | +0.018% | $110K | $178K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4281 | +0.023% | $17.9M | $34.6M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4276 | −0.093% | $16.1M | $11.2M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4276 | −0.093% | $4.0M | $8.0M | 50x | as long as short |
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Injective LDO/USDC PERP
Paradex LDO-USD-PERP
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDT
Bybit LDOUSDT
OKX LDO-USDT-SWAPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate LDO_USDT | +0.0100% | 8h | 0.4279 | −0.023% | $1.5M | $994K | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4278 | −0.047% | $7.7M | $7.2M | 200x | as long as short |
| KuCoin LDOUSDTMshort | +0.0100% | 8h | 0.4279 | −0.023% | $2.7M | $4.2M | 50x | |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4275 | −0.117% | $3.3M | $3.4M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4274 | −0.140% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4277 | −0.075% | $87K | $153K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4274 | −0.144% | $201K | $80K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4293 | +0.305% | $303K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4280 | 0.000% | $33K | $644K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4280 | +0.009% | $23K | $717K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4379 | +2.313% | $2K | $1.3M | 20x | as long as short |
| Lighter LDO | +0.0104% | 1h | 0.4287 | +0.161% | $870K | $267K | 10x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4274 | −0.137% | $260K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4278 | −0.038% | $38K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0118% | 8h | 0.4300 | +0.467% | $918K | $241K | 75x | as long as short |
| Deribit LDO_USDC-PERPETUAL | +0.0218% | 1h | 0.4279 | −0.023% | $7K | $20K | 25x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0319% / S −0.0201% | 1h | 0.4278 | −0.056% | $23K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0337% | 1h | 0.4273 | −0.154% | $298K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0562% | 1h | 0.4284 | +0.097% | $1.2M | $792K | 50x | as long as short |
Gate LDO_USDT
MEXC LDO_USDT
Bitget LDOUSDT
BingX LDO-USDT
Backpack LDO_USDC_PERP
Variational Omni LDO
GRVT LDO_USDT_Perp
ApeX Omni LDOUSDT
Polymarket Perps LDO-USD
SunX LDO-USDT
Lighter LDO
Extended LDO-USD
Aevo LDO-PERP
BloFin LDO-USDT
Deribit LDO_USDC-PERPETUAL
GMX LDO/USD [ETH-USDC]
Reya LDORUSDPERP
Kraken Futures PF_LDOUSD