Funding you earn now, next payment 05:00 UTC−0.0107%/8h= −11.7% APRpaid last 24h −0.026%
Price spread now: KuCoin against Hyperliquid−0.118%7-day average −0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$116as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1031.025% of the position
Funding, last 7 days−0.137%−$14 on $10k
+Price spread, last 4 days (all we have)−0.187%−$19 · spread now −0.118%, 7d avg −0.081%
=Together, before fees−0.324%+ Points / potential airdropHyperliquid: Season 2 · farm board−$32 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.037% cheaper against Hyperliquid than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.081%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid PEOPLE | 0.009348 | 0.0100 | pay 0.0013% / 1h | 18m 17s | $485K | $281K | 3x |
| Short | KuCoin PEOPLEUSDTM | 0.009337 | −0.0007 | pay 0.0007% / 8h | 3h 18m | $667K | $158K | 50x |
Hyperliquid PEOPLE
KuCoin PEOPLEUSDTMFunding 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
- −$22.47
- Price spread: −0.118% → −0.081%
- −$3.67
- Slippage, 4 orders
- −$81.53
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$128.67
- Costs to cover
- 1.025%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 62 min ago; KuCoin: live order book, 56 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, 62 min ago | 1.62 bp | 22.1 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 56 min ago | 15.08 bp | 30.0 bp −$30 | 1002.7 bp −$10.0K | doesn't fit | doesn't fit |
PEOPLE on 15 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_PEOPLEUSD | −0.0396% | 1h | 0.009351 | +0.031% | $36K | $47K | 10x | as long as short |
| Gate PEOPLE_USDT | −0.0150% | 8h | 0.009348 | 0.000% | $723K | $1.6M | 50x | as long as short |
| Variational Omni PEOPLE | −0.0032% | 8h | 0.009350 | +0.025% | $7K | $3K | — | as long as short |
| KuCoin PEOPLEUSDTMshort | −0.0007% | 8h | 0.009337 | −0.118% | $667K | $158K | 50x | |
| BloFin PEOPLE-USDT | +0.0071% | 8h | 0.009348 | 0.000% | $369K | $103K | 50x | as long as short |
| MEXC PEOPLE_USDT | +0.0081% | 8h | 0.009339 | −0.096% | $711K | $308K | 200x | as long as short |
| Bybit PEOPLEUSDT | +0.0082% | 8h | 0.009348 | 0.000% | $1.7M | $2.6M | 50x | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0082% | 8h | 0.009356 | +0.086% | $3.5M | $9.4M | 20x | as long as short |
| Hyperliquid PEOPLElong | +0.0100% | 1h | 0.009348 | long leg | $485K | $281K | 3x | |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009354 | +0.059% | $4K | $87K | 5x | as long as short |
Kraken Futures PF_PEOPLEUSD
Gate PEOPLE_USDT
Variational Omni PEOPLE
BloFin PEOPLE-USDT
MEXC PEOPLE_USDT
Bybit PEOPLEUSDT
OKX PEOPLE-USDT-SWAP
Aster PEOPLEUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009354 | +0.059% | $5.9M | $17.5M | 50x | as long as short |
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009350 | +0.021% | $1.8M | $1.3M | 50x | as long as short |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009355 | +0.075% | — | $7.5M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009337 | −0.118% | $44K | $50K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009351 | +0.031% | $187 | — | 5x | as long as short |
Binance PEOPLEUSDT
Bitget PEOPLEUSDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD