Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.026%
Price spread now: Hyperliquid against KuCoin−0.068%7-day average +0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1081.081% of the position
Funding, last 7 days+0.197%+$20 on $10k
+Price spread, last 7 days+0.121%+$12 · spread now −0.068%, 7d avg +0.064%
=Together, before fees+0.318%+ Points / potential airdropHyperliquid: Season 2 · farm board+$32 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 0.132% cheaper against KuCoin than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.064%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MONUSDTM | 0.02508 | 0.0100 | pay 0.0050% / 4h | 24m 20s | $2.8M | $757K | 75x |
| Short | Hyperliquid MON | 0.02506 | 0.0100 | get 0.0013% / 1h | 24m 20s | $33.8M | $7.5M | 5x |
KuCoin MONUSDTM
Hyperliquid MONFunding 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: −0.068% → +0.064%
- −$13.22
- Slippage, 4 orders
- −$87.09
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$121.31
- Costs to cover
- 1.081%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; Hyperliquid: live order book, 9 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, 3 min ago | 11.95 bp | 37.2 bp −$37 | 912.4 bp −$9,124 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 9 min ago | 1.00 bp | 15.3 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
MON on 33 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange MONUSD | −0.0272% | 1h | 0.02504 | −0.144% | $6K | $1K | 5x | as long as short |
| Backpack MON_USDC_PERP | −0.0205% | 1h | 0.02505 | −0.116% | $113K | $151K | 10x | as long as short |
| Injective MON/USDC PERP | −0.0176% | 1h | 0.02498 | −0.399% | $5K | $112 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0151% | 8h | 0.02502 | −0.239% | $20.6M | $13.3M | 50x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02515 | +0.263% | $12K | $359K | 5x | as long as short |
| Perpl MON | 0.0000% | 43m | 0.02505 | −0.116% | $107K | $2.3M | 10x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02506 | −0.088% | $74K | $136K | 25x | as long as short |
| Orderly PERP_MON_USDC | +0.0071% | 4h | 0.02505 | −0.120% | $16K | $41K | 10x | as long as short |
| Variational Omni MON | +0.0077% | 8h | 0.02502 | −0.258% | $740K | $409K | — | as long as short |
| Paradex MON-USD-PERP | +0.0092% | 8h | 0.02504 | −0.162% | $8K | $42 | 5x | as long as short |
01 Exchange MONUSD
Backpack MON_USDC_PERP
Injective MON/USDC PERP
Bybit MONUSDT
Phoenix MON
Perpl MON
Deribit MON_USDC-PERPETUAL
Orderly PERP_MON_USDC
Variational Omni MON
Paradex MON-USD-PERPShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter MON | +0.0096% | 1h | 0.02506 | −0.080% | $843K | $749K | 10x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02507 | −0.051% | $425K | $574K | 10x | as long as short |
| Hyperliquid MONshort | +0.0100% | 1h | 0.02506 | −0.068% | $33.8M | $7.5M | 5x | |
| Aster MONUSDT | +0.0100% | 4h | 0.02507 | −0.055% | $101K | $222K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02508 | −0.016% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02506 | −0.080% | $138K | $93K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02505 | −0.120% | $23.8M | $26.9M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02504 | −0.159% | $4.2M | $6.0M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02505 | −0.125% | $103K | $5K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02505 | −0.120% | $939K | $993K | 50x | as long as short |
| KuCoin MONUSDTMlong | +0.0100% | 4h | 0.02508 | long leg | $2.8M | $757K | 75x | |
| Bitget MONUSDT | +0.0100% | 4h | 0.02507 | −0.040% | $2.7M | $2.2M | 25x | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02506 | −0.095% | $41K | $249K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02508 | −0.008% | $562K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02506 | −0.080% | $67K | $510K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02505 | −0.120% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02506 | −0.077% | $48K | $517K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02504 | −0.179% | $38K | — | 3x | as long as short |
| Aftermath Perps MONUSD | +0.0244% | 1h | 0.02506 | −0.065% | $2K | $74K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02504 | −0.167% | $9K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02509 | +0.040% | $1.3M | $338K | 75x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0408% | 1h | 0.02528 | +0.809% | $110K | $57K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.0543% | 1h | 0.02508 | −0.013% | $269K | $114K | 10x | as long as short |
Lighter MON
Nado MON-PERP
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
Bitget MONUSDT
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
Aftermath Perps MONUSD
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD