Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.036%
Price spread now: Hyperliquid against KuCoin+0.158%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$890.886% of the position
Funding, last 7 days+0.075%+$8 on $10k
+Price spread, last 7 days−0.182%−$18 · spread now +0.158%, 7d avg +0.054%
=Together, before fees−0.107%+ Points / potential airdropHyperliquid: Season 2 · farm board−$11 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 0.104% dearer against KuCoin than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.054%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin POLUSDTM | 0.1078 | 0.0100 | pay 0.0050% / 4h | 48m 00s | $3.1M | $765K | 50x |
| Short | Hyperliquid POL | 0.1080 | 0.0100 | get 0.0013% / 1h | 48m 00s | $7.3M | $3.4M | 5x |
KuCoin POLUSDTM
Hyperliquid POLFunding 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: +0.158% → +0.054%
- $10.36
- Slippage, 4 orders
- −$67.58
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$78.22
- Costs to cover
- 0.886%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; Hyperliquid: live order book, 7 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, 2 min ago | 5.10 bp | 32.5 bp −$33 | 143.6 bp −$1,436 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 7 min ago | 1.39 bp | 12.9 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
POL on 25 exchanges
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 POL-PERP-INTX | −0.0648% | 1h | 0.1075 | −0.278% | $195K | $158K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0373% | 1h | 0.1078 | +0.045% | $1.1M | $794K | 50x | as long as short |
| Orderly PERP_POL_USDC | −0.0200% | 4h | 0.1078 | −0.037% | $10K | $2.6M | 20x | as long as short |
| Gate POL_USDT | −0.0162% | 4h | 0.1077 | −0.102% | $1.8M | $931K | 75x | as long as short |
| GRVT POL_USDT_Perp | −0.0122% | 4h | 0.1077 | −0.084% | $1.0M | $2.6M | 10x | as long as short |
| Bybit POLUSDT | −0.0093% | 4h | 0.1077 | −0.046% | $15.3M | $8.1M | 75x | as long as short |
| Bitget POLUSDT | −0.0044% | 4h | 0.1078 | +0.028% | $3.9M | $2.8M | 50x | as long as short |
| OKX POL-USDT-SWAP | −0.0027% | 4h | 0.1078 | +0.028% | $5.6M | $7.7M | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1077 | −0.083% | $2K | — | — | as long as short |
| dYdX POL-USD | 0.0000% | 1h | 0.1078 | −0.025% | $23K | $9K | 5x | as long as short |
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
Orderly PERP_POL_USDC
Gate POL_USDT
GRVT POL_USDT_Perp
Bybit POLUSDT
Bitget POLUSDT
OKX POL-USDT-SWAP
Reya POLRUSDPERP
dYdX POL-USDShow all 25 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended POL-USD | 0.0000% | 1h | 0.1078 | −0.025% | $90K | $602K | 10x | as long as short |
| MEXC POL_USDT | +0.0002% | 4h | 0.1078 | +0.009% | $24.9M | $3.1M | 125x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0003% / S −0.0003% | 1h | 0.1079 | +0.055% | $8K | — | 150x | as long as short |
| Binance POLUSDT | +0.0004% | 4h | 0.1078 | +0.001% | $16.5M | $29.9M | 75x | as long as short |
| BingX POL-USDC | +0.0008% | 4h | 0.1077 | −0.056% | — | $1.6M | — | as long as short |
| ApeX Omni POLUSDT | +0.0011% | 1h | 0.1078 | 0.000% | $152K | $662K | 50x | as long as short |
| BloFin POL-USDT | +0.0011% | 4h | 0.1078 | −0.019% | $892K | $135K | 75x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +3.061% | $3K | $124K | 12x | as long as short |
| Aster POLUSDT | +0.0050% | 4h | 0.1079 | +0.087% | $362K | $139K | 20x | as long as short |
| Aevo POL-PERP | +0.0080% | 1h | 0.1076 | −0.139% | $39K | — | 3x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1078 | +0.042% | $252K | $424K | 8x | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1076 | −0.180% | $599K | $157K | — | as long as short |
| Hyperliquid POLshort | +0.0100% | 1h | 0.1080 | +0.158% | $7.3M | $3.4M | 5x | |
| KuCoin POLUSDTMlong | +0.0100% | 4h | 0.1078 | long leg | $3.1M | $765K | 50x | |
| GMX POL/USD [ETH-USDC] | L +0.0158% / S −0.0283% | 1h | 0.1078 | +0.043% | $3K | — | 100x | as long as short |
Extended POL-USD
MEXC POL_USDT
gTrade (Gains Network) POL/USD
Binance POLUSDT
BingX POL-USDC
ApeX Omni POLUSDT
BloFin POL-USDT
Injective POL/USDC PERP
Aster POLUSDT
Aevo POL-PERP
Lighter POL
Variational Omni POL
GMX POL/USD [ETH-USDC]