Funding you earn now, next payment 06:00 UTC+0.0101%/8h= +11.1% APRpaid last 24h +0.060%
Price spread now: Hyperliquid against KuCoin+0.103%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$530.529% of the position
Funding, last 7 days+0.026%+$3 on $10k
+Price spread, last 7 days−0.063%−$6 · spread now +0.103%, 7d avg +0.043%
=Together, before fees−0.038%+ Points / potential airdropHyperliquid: Season 2 · farm board−$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Hyperliquid is 0.060% dearer against KuCoin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.043%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin XLMUSDTM | 0.2132 | 0.0100 | pay 0.0100% / 8h | 2h 06m | $13.9M | $9.4M | 75x |
| Short | Hyperliquid XLM | 0.2134 | 0.0201 | get 0.0025% / 1h | 6m 07s | $12.1M | $6.6M | 5x |
KuCoin XLMUSDTM
Hyperliquid XLMFunding 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
- $21.21
- Price spread: +0.103% → +0.043%
- $5.98
- Slippage, 4 orders
- −$31.91
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$25.72
- Costs to cover
- 0.529%
- Break-even
- 15.5 days
Slippage from KuCoin: live order book, 3 min ago; Hyperliquid: live order book, 6 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, 3 min ago | 2.58 bp | 17.4 bp −$17 | 36.3 bp −$363 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 6 min ago | 0.71 bp | 8.4 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
XLM on 31 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2130 | −0.052% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −0.305% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2134 | +0.131% | $357K | $997K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2131 | −0.031% | $564K | $634K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2133 | +0.050% | $54.8M | $162.3M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2130 | −0.047% | $43.1M | $47.6M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2132 | +0.023% | $12.3M | $44.6M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2131 | −0.028% | $4.0M | $7.7M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2133 | +0.052% | $24.7M | $28.6M | 300x | as long as short |
| KuCoin XLMUSDTMlong | +0.0100% | 8h | 0.2132 | long leg | $13.9M | $9.4M | 75x |
gTrade (Gains Network) XLM/USD
Injective XLM/USDC PERP
Lighter XLM
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XLMUSDT | +0.0100% | 8h | 0.2131 | −0.019% | $25.7M | $23.0M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2131 | −0.005% | — | $7.4M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2123 | −0.393% | $253K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2124 | −0.357% | $12K | $306K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2125 | −0.289% | $589K | $602K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2125 | −0.310% | $170K | $264K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2131 | −0.023% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2129 | −0.136% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2132 | +0.014% | $581 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2132 | +0.047% | $196K | $252K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2132 | +0.019% | $8.8M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2131 | −0.002% | $190K | $1.8M | 10x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0142% | 1h | 0.2132 | +0.037% | $2.6M | $2.7M | 50x | as long as short |
| Backpack XLM_USDC_PERP | +0.0157% | 1h | 0.2132 | +0.042% | $132K | $315K | 20x | as long as short |
| Hyperliquid XLMshort | +0.0201% | 1h | 0.2134 | +0.103% | $12.1M | $6.6M | 5x | |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2132 | 0.000% | $2.3M | $5.6M | 75x | as long as short |
| dYdX XLM-USD | +0.0221% | 1h | 0.2129 | −0.131% | $23K | $2K | 10x | as long as short |
| Phoenix XLM | +0.0226% | 1h | 0.2130 | −0.047% | $4K | $49K | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0456% | 1h | 0.2131 | −0.038% | $223K | $1.7M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0518% / S −0.0247% | 1h | 0.2131 | −0.043% | $39K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0970% | 1h | 0.2133 | +0.084% | $529K | $167K | 25x | as long as short |
Bitget XLMUSDT
BingX XLM-USDT
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
Orderly PERP_XLM_USDC_mythos
SunX XLM-USDT
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
Kraken Futures PF_XLMUSD
Backpack XLM_USDC_PERP
BloFin XLM-USDT
dYdX XLM-USD
Phoenix XLM
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL