Funding you earn now, next payment 03:00 UTC+0.0230%/8h= +25.2% APRpaid last 24h +0.062%
Price spread now: Hyperliquid against KuCoin+0.016%7-day average −0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$269as in the Funding arb table
Net, price: spread back to 7d avg − costs−$232as in the Price arb table
costs, in and out, $10k−$2412.408% of the position
Funding, last 7 days−0.285%−$28 on $10k
+Price spread, last 4 days (all we have)−1.653%−$165 · spread now +0.016%, 7d avg −0.073%
=Together, before fees−1.938%+ Points / potential airdropHyperliquid: Season 2 · farm board−$194 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Hyperliquid is 0.089% dearer against KuCoin than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.073%. Mind the row above: over the last 7 days funding on this pair cost −0.285%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MINAUSDTM | 0.1282 | −0.0130 | get 0.0130% / 8h | 5h 09m | $749K | $512K | 30x |
| Short | Hyperliquid MINA | 0.1282 | 0.0100 | get 0.0013% / 1h | 9m 20s | $3.3M | $2.5M | 3x |
KuCoin MINAUSDTM
Hyperliquid MINAFunding 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
- $48.3
- Price spread: +0.016% → −0.073%
- $8.86
- Slippage, 4 orders
- −$219.83
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$183.67
- Costs to cover
- 2.408%
- Break-even
- 33.6 days
Slippage from KuCoin: live order book, 15 min ago; Hyperliquid: live order book, 2 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, 15 min ago | 13.42 bp | 75.2 bp −$75 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 2 min ago | 2.33 bp | 24.3 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
MINA on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MINAUSD | −0.5107% | 1h | 0.1287 | +0.441% | $20K | $82K | 10x | as long as short |
| OKX MINA-USDT-SWAP | −0.0344% | 4h | 0.1282 | +0.047% | $1.8M | $16.3M | 20x | as long as short |
| Bybit MINAUSDT | −0.0326% | 4h | 0.1283 | +0.125% | $4.5M | $5.9M | 25x | as long as short |
| Gate MINA_USDT | −0.0152% | 8h | 0.1282 | +0.023% | $408K | $909K | 50x | as long as short |
| KuCoin MINAUSDTMlong | −0.0130% | 8h | 0.1282 | long leg | $749K | $512K | 30x | |
| Bitget MINAUSDT | −0.0113% | 8h | 0.1283 | +0.055% | $1.9M | $3.7M | 50x | as long as short |
| MEXC MINA_USDT | −0.0110% | 8h | 0.1282 | +0.016% | $1.2M | $1.4M | 50x | as long as short |
| Binance MINAUSDT | −0.0109% | 8h | 0.1281 | −0.031% | $4.3M | $31.9M | 50x | as long as short |
| BingX MINA-USDT | −0.0093% | 8h | 0.1283 | +0.055% | — | $2.7M | — | as long as short |
| BloFin MINA-USDT | −0.0085% | 8h | 0.1281 | −0.062% | $242K | $261K | 50x | as long as short |
Kraken Futures PF_MINAUSD
OKX MINA-USDT-SWAP
Bybit MINAUSDT
Gate MINA_USDT
Bitget MINAUSDT
MEXC MINA_USDT
Binance MINAUSDT
BingX MINA-USDT
BloFin MINA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MINAshort | +0.0100% | 1h | 0.1282 | +0.016% | $3.3M | $2.5M | 3x | |
| Variational Omni MINA | +0.0100% | 4h | 0.1286 | +0.332% | $415K | $86K | — | as long as short |
Variational Omni MINA