Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against Hyperliquid+0.049%7-day average −0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$235as in the Funding arb table
Net, price: spread back to 7d avg − costs−$227as in the Price arb table
costs, in and out, $10k−$2352.347% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days−0.094%−$9 · spread now +0.049%, 7d avg −0.024%
=Together, before fees−0.094%+ Points / potential airdropHyperliquid: Season 2 · farm board−$9 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: KuCoin is 0.073% dearer against Hyperliquid than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.024%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid PYTH | 0.06275 | 0.0100 | pay 0.0013% / 1h | 30m 50s | $1.7M | $1.5M | 5x |
| Short | KuCoin PYTHUSDTM | 0.06278 | 0.0100 | get 0.0050% / 4h | 1h 30m | $1.5M | $315K | 50x |
Hyperliquid PYTH
KuCoin PYTHUSDTMFunding 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
- $0
- Price spread: +0.049% → −0.024%
- $7.33
- Slippage, 4 orders
- −$213.73
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$227.4
- Costs to cover
- 2.347%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 10 min ago; KuCoin: live order book, 5 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, 10 min ago | 1.35 bp | 17.6 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 8.73 bp | 70.6 bp −$71 | 659.2 bp −$6,592 | doesn't fit | doesn't fit |
PYTH on 23 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 PYTH/USDC PERP | −0.0428% | 1h | 0.06260 | −0.237% | $553 | $220K | 5.5x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | −0.0387% | 1h | 0.06278 | +0.049% | $10K | $10K | 10x | as long as short |
| Kraken Futures PF_PYTHUSD | −0.0209% | 1h | 0.06274 | −0.014% | $381K | $252K | 25x | as long as short |
| BloFin PYTH-USDT | −0.0050% | 4h | 0.06279 | +0.065% | $421K | $114K | 75x | as long as short |
| Bybit PYTHUSDT | −0.0041% | 4h | 0.06272 | −0.046% | $7.4M | $5.1M | 50x | as long as short |
| Gate PYTH_USDT | −0.0030% | 4h | 0.06268 | −0.110% | $1.1M | $479K | 75x | as long as short |
| Binance PYTHUSDT | −0.0023% | 4h | 0.06265 | −0.150% | $9.0M | $17.1M | 75x | as long as short |
| MEXC PYTH_USDT | −0.0016% | 4h | 0.06268 | −0.110% | $9.1M | $2.3M | 125x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06286 | +0.180% | $187K | $19 | 5x | as long as short |
| Aevo PYTH-PERP | +0.0080% | 1h | 0.06275 | +0.002% | $22K | — | 3x | as long as short |
Injective PYTH/USDC PERP
Deribit PYTH_USDC-PERPETUAL
Kraken Futures PF_PYTHUSD
BloFin PYTH-USDT
Bybit PYTHUSDT
Gate PYTH_USDT
Binance PYTHUSDT
MEXC PYTH_USDT
dYdX PYTH-USD
Aevo PYTH-PERPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International PYTH-PERP-INTX | +0.0080% | 1h | 0.06431 | +2.488% | $40K | $6K | 25x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06280 | +0.081% | $197K | $208K | 5x | as long as short |
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06277 | +0.032% | $3K | $56 | 10x | as long as short |
| Hyperliquid PYTHlong | +0.0100% | 1h | 0.06275 | long leg | $1.7M | $1.5M | 5x | |
| Aster PYTHUSDT | +0.0100% | 4h | 0.06280 | +0.076% | $25K | $40K | 10x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06266 | −0.142% | $2.1M | $3.4M | 50x | as long as short |
| KuCoin PYTHUSDTMshort | +0.0100% | 4h | 0.06278 | +0.049% | $1.5M | $315K | 50x | |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06271 | −0.062% | $2.6M | $2.0M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06270 | −0.078% | — | $2.8M | — | as long as short |
| Backpack PYTH_USDC_PERP | +0.0100% | 1h | 0.06277 | +0.033% | $38K | $88K | 10x | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06293 | +0.285% | $44K | $22K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06279 | +0.067% | $3K | $1K | 10x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06278 | +0.049% | — | — | 20x | as long as short |
Coinbase International PYTH-PERP-INTX
Lighter PYTH
Paradex PYTH-USD-PERP
Aster PYTHUSDT
OKX PYTH-USDT-SWAP
Bitget PYTHUSDT
BingX PYTH-USDT
Backpack PYTH_USDC_PERP
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Reya PYTHRUSDPERP