Funding you earn now, next payment 02:00 UTC−0.0192%/8h= −21.0% APRpaid last 24h −0.049%
Price spread now: KuCoin against Hyperliquid−0.161%7-day average −0.112% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.119%−$12 on $10k
+Price spread, last 4 days (all we have)+0.063%+$6 · spread now −0.161%, 7d avg −0.112%
=Together, before fees−0.056%+ Points / potential airdropHyperliquid: Season 2 · farm board−$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and KuCoin is 0.049% cheaper against Hyperliquid than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.112%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.119% in total (about -6.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid STX | 0.3351 | 0.0292 | pay 0.0036% / 1h | 47m 00s | $1.5M | $783K | 5x |
| Short | KuCoin STXUSDTM | 0.3346 | 0.0100 | get 0.0100% / 8h | 6h 47m | $2.4M | $1.7M | 50x |
Hyperliquid STX
KuCoin STXUSDTMFunding 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
- −$40.27
- Price spread: −0.161% → −0.112%
- −$4.88
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$66.15
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 4 min ago; KuCoin: live order book, 5 min ago. Net counts fees only.
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, 4 min ago | 2.23 bp | 13.5 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 5.98 bp | 42.5 bp −$42 | 91.5 bp −$915 | doesn't fit | doesn't fit |
STX on 18 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_STXUSD | −0.1128% | 1h | 0.3345 | −0.188% | $70K | $126K | 20x | as long as short |
| Variational Omni STX | −0.0362% | 8h | 0.3342 | −0.266% | $766K | $295K | — | as long as short |
| gTrade (Gains Network) STX/USD | L −0.0002% / S +0.0003% | 1h | 0.3345 | −0.186% | — | — | 150x | as long as short |
| Bitget STXUSDT | +0.0032% | 8h | 0.3342 | −0.280% | $4.6M | $2.0M | 50x | as long as short |
| Injective STX/USDC PERP | +0.0033% | 1h | 0.3463 | +3.330% | $4K | $264K | 12x | as long as short |
| ApeX Omni STXUSDT | +0.0092% | 1h | 0.3352 | +0.018% | $49K | $686K | 50x | as long as short |
| BloFin STX-USDT | +0.0093% | 8h | 0.3347 | −0.131% | $413K | $218K | 20x | as long as short |
| Aster STXUSDT | +0.0100% | 8h | 0.3346 | −0.173% | $125K | $58K | 10x | as long as short |
| Binance STXUSDT | +0.0100% | 8h | 0.3346 | −0.150% | $7.7M | $18.7M | 75x | as long as short |
| Bybit STXUSDT | +0.0100% | 8h | 0.3342 | −0.280% | $8.5M | $6.9M | 75x | as long as short |
Kraken Futures PF_STXUSD
Variational Omni STX
gTrade (Gains Network) STX/USD
Bitget STXUSDT
Injective STX/USDC PERP
ApeX Omni STXUSDT
BloFin STX-USDT
Aster STXUSDT
Binance STXUSDT
Bybit STXUSDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX STX-USDT-SWAP | +0.0100% | 8h | 0.3346 | −0.161% | $2.3M | $5.6M | 20x | as long as short |
| Gate STX_USDT | +0.0100% | 8h | 0.3342 | −0.280% | $585K | $339K | 50x | as long as short |
| MEXC STX_USDT | +0.0100% | 8h | 0.3344 | −0.221% | $6.0M | $1.2M | 50x | as long as short |
| KuCoin STXUSDTMshort | +0.0100% | 8h | 0.3346 | −0.161% | $2.4M | $1.7M | 50x | |
| BingX STX-USDT | +0.0100% | 8h | 0.3344 | −0.221% | — | $13.6M | — | as long as short |
| Extended STX-USD | +0.0104% | 1h | 0.3345 | −0.182% | $180K | $617K | 10x | as long as short |
| GMX STX/USD [WBTC.b-USDC] | L +0.0188% / S −0.0263% | 1h | 0.3345 | −0.181% | $4K | — | 100x | as long as short |
| Hyperliquid STXlong | +0.0292% | 1h | 0.3351 | long leg | $1.5M | $783K | 5x |
OKX STX-USDT-SWAP
Gate STX_USDT
MEXC STX_USDT
BingX STX-USDT
Extended STX-USD
GMX STX/USD [WBTC.b-USDC]