Funding you earn now, next payment 02:00 UTC+0.0253%/8h= +27.7% APRpaid last 24h +0.048%
Price spread now: Hyperliquid against KuCoin+0.317%7-day average +0.264% · you sell dearer than you buy
Net, funding: paid 7d − costs−$569as in the Funding arb table
Net, price: spread back to 7d avg − costs−$569as in the Price arb table
costs, in and out, $10k−$5745.739% of the position
Funding, last 7 days+0.053%+$5 on $10k
+Price spread, last 4 days (all we have)+0.031%+$3 · spread now +0.317%, 7d avg +0.264%
=Together, before fees+0.084%+ Points / potential airdropHyperliquid: Season 2 · farm board+$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Hyperliquid is 0.054% dearer against KuCoin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.264%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.053% in total (about 2.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin LINEAUSDTM | 0.002835 | 0.0100 | pay 0.0050% / 4h | 2h 44m | $565K | $61K | 50x |
| Short | Hyperliquid LINEA | 0.002844 | 0.0353 | get 0.0044% / 1h | 44m 44s | $2.7M | $256K | 3x |
KuCoin LINEAUSDTM
Hyperliquid LINEAFunding 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
- $53.04
- Price spread: +0.317% → +0.264%
- $5.38
- Slippage, 4 orders
- −$552.89
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$515.47
- Costs to cover
- 5.739%
- Break-even
- 75.0 days
Slippage from KuCoin: live order book, 68 min ago; Hyperliquid: live order book, 6 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 KuCoin live order book, 68 min ago | 13.94 bp | 255.7 bp −$256 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 6 min ago | 3.51 bp | 32.3 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
LINEA on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective LINEA/USDC PERP | +0.0033% | 1h | 0.002810 | −0.882% | $734 | $39K | 5.5x | as long as short |
| Lighter LINEA | +0.0096% | 1h | 0.002844 | +0.317% | $110K | $52K | 3x | as long as short |
| Aster LINEAUSDT | +0.0100% | 4h | 0.002835 | +0.010% | $20K | $13 | 5x | as long as short |
| Binance LINEAUSDT | +0.0100% | 4h | 0.002833 | −0.057% | $4.1M | $3.7M | 50x | as long as short |
| Bybit LINEAUSDT | +0.0100% | 4h | 0.002830 | −0.176% | $2.8M | $796K | 50x | as long as short |
| OKX LINEA-USDT-SWAP | +0.0100% | 4h | 0.002828 | −0.247% | $1.2M | $953K | 50x | as long as short |
| Gate LINEA_USDT | +0.0100% | 4h | 0.002833 | −0.071% | $237K | $71K | 50x | as long as short |
| MEXC LINEA_USDT | +0.0100% | 4h | 0.002834 | −0.035% | $3.9M | $1.1M | 100x | as long as short |
| KuCoin LINEAUSDTMlong | +0.0100% | 4h | 0.002835 | long leg | $565K | $61K | 50x | |
| Bitget LINEAUSDT | +0.0100% | 4h | 0.002835 | 0.000% | $1.1M | $486K | 50x | as long as short |
Injective LINEA/USDC PERP
Lighter LINEA
Aster LINEAUSDT
Binance LINEAUSDT
Bybit LINEAUSDT
OKX LINEA-USDT-SWAP
Gate LINEA_USDT
MEXC LINEA_USDT
Bitget LINEAUSDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX LINEA-USDT | +0.0100% | 4h | 0.002833 | −0.071% | — | $2.7M | — | as long as short |
| Backpack LINEA_USDC_PERP | +0.0100% | 1h | 0.002837 | +0.063% | $89K | $61K | 10x | as long as short |
| Variational Omni LINEA | +0.0100% | 4h | 0.002823 | −0.439% | $112K | $62K | — | as long as short |
| GRVT LINEA_USDT_Perp | +0.0100% | 4h | 0.002844 | +0.318% | $143K | $2.3M | 10x | as long as short |
| ApeX Omni LINEAUSDT | +0.0100% | 1h | 0.002830 | −0.176% | $2K | $19K | 50x | as long as short |
| SunX LINEA-USDT | +0.0100% | 4h | 0.002890 | +1.940% | $2K | $1.5M | 20x | as long as short |
| Extended LINEA-USD | +0.0104% | 1h | 0.002833 | −0.061% | $9K | $155K | 10x | as long as short |
| BloFin LINEA-USDT | +0.0127% | 4h | 0.002839 | +0.141% | $219K | $15K | 50x | as long as short |
| Reya LINEARUSDPERP | +0.0272% | 1h | 0.002834 | −0.037% | $4K | — | 3x | as long as short |
| Hyperliquid LINEAshort | +0.0353% | 1h | 0.002844 | +0.317% | $2.7M | $256K | 3x | |
| GMX LINEA/USD [ETH-USDC] | L +0.0451% / S −0.0181% | 1h | 0.002835 | 0.000% | $32K | — | 100x | as long as short |
BingX LINEA-USDT
Backpack LINEA_USDC_PERP
Variational Omni LINEA
GRVT LINEA_USDT_Perp
ApeX Omni LINEAUSDT
SunX LINEA-USDT
Extended LINEA-USD
BloFin LINEA-USDT
Reya LINEARUSDPERP
GMX LINEA/USD [ETH-USDC]