data as of
Settings8H · net · $10k
Funding arb /

STABLE

all STABLE markets
SwapPrice view
Alert
Funding spread now, next payment 16:00 UTC−0.0002%/8h
paid, last 24h−0.026%paid, last 7 days−0.371%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin STABLEUSDTM0.025420.0100pay 0.0050% / 4h8m 59s$178K$33K30x
ShortHyperliquid STABLE0.025390.0098get 0.0012% / 1h8m 59s$893K$266K3x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$0.37
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$21.37
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 48 min ago; Hyperliquid: live order book, 13 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.102%
Avg gap 7d
−0.130%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 48 min ago13.72 bp321.7 bp −$322doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 13 min ago1.97 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

STABLE on 15 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Lighter STABLE−0.0032%1h$117K$3K3xas long as short
Hyperliquid STABLEshort+0.0098%1h$893K$266K3x
Aster STABLEUSDT+0.0100%4h$21K$9K20xas long as short
Binance STABLEUSDT+0.0100%4h$2.5M$2.8M75xas long as short
Bybit STABLEUSDT+0.0100%4h$1.6M$842K25xas long as short
OKX STABLE-USDT-SWAP+0.0100%4h$215K$451K20xas long as short
Gate STABLE_USDT+0.0100%4h$175K$86K50xas long as short
MEXC STABLE_USDT+0.0100%4h$571K$153K20xas long as short
KuCoin STABLEUSDTMlong+0.0100%4h$178K$33K30x
Bitget STABLEUSDT+0.0100%4h$294K$130K25xas long as short
Show all 15 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
BingX STABLE-USDT+0.0100%4h$6.6Mas long as short
Variational Omni STABLE+0.0100%4h$149K$51Kas long as short
SunX STABLE-USDT+0.0100%4h$2K$571K20xas long as short
Extended STABLE-USD+0.0104%1h$12K$175K10xas long as short
BloFin STABLE-USDT+0.0133%4h$124K$8K75xas long as short