Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.009%
Price spread now: Hyperliquid against KuCoin−0.093%7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$543as in the Funding arb table
Net, price: spread back to 7d avg − costs−$532as in the Price arb table
costs, in and out, $10k−$5305.296% of the position
Funding, last 7 days−0.134%−$13 on $10k
+Price spread, last 4 days (all we have)+0.069%+$7 · spread now −0.093%, 7d avg −0.074%
=Together, before fees−0.065%+ Points / potential airdropHyperliquid: Season 2 · farm board−$6 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ALTUSDTM | 0.007491 | 0.0100 | pay 0.0050% / 4h | 1h 25m | $149K | $21K | 30x |
| Short | Hyperliquid ALT | 0.007484 | 0.0100 | get 0.0013% / 1h | 25m 56s | $1.1M | $185K | 3x |
KuCoin ALTUSDTM
Hyperliquid ALTFunding 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: −0.093% → −0.074%
- −$1.98
- Slippage, 4 orders
- −$508.63
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$531.61
- Costs to cover
- 5.296%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 38 min ago; Hyperliquid: live order book, 4 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, 38 min ago | 14.07 bp | 237.9 bp −$238 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 4 min ago | 2.67 bp | 16.4 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
ALT on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ALT | −0.0209% | 4h | 0.007474 | −0.233% | $4K | $12K | — | as long as short |
| Deribit ALT_USDC-PERPETUAL | 0.0000% | 1h | 0.007486 | −0.067% | — | $0 | 25x | as long as short |
| Injective ALT/USDC PERP | +0.0033% | 1h | 0.007381 | −1.468% | $815 | $4K | 5.5x | as long as short |
| Bybit ALTUSDT | +0.0038% | 4h | 0.007482 | −0.120% | $1.2M | $1.6M | 25x | as long as short |
| BloFin ALT-USDT | +0.0063% | 4h | 0.007489 | −0.027% | $171K | $9K | 50x | as long as short |
| Hyperliquid ALTshort | +0.0100% | 1h | 0.007484 | −0.093% | $1.1M | $185K | 3x | |
| Binance ALTUSDT | +0.0100% | 4h | 0.007491 | −0.002% | $2.6M | $3.5M | 50x | as long as short |
| Gate ALT_USDT | +0.0100% | 8h | 0.007479 | −0.160% | $50K | $415K | 25x | as long as short |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007486 | −0.067% | $388K | $189K | 50x | as long as short |
| KuCoin ALTUSDTMlong | +0.0100% | 4h | 0.007491 | long leg | $149K | $21K | 30x |
Variational Omni ALT
Deribit ALT_USDC-PERPETUAL
Injective ALT/USDC PERP
Bybit ALTUSDT
BloFin ALT-USDT
Binance ALTUSDT
Gate ALT_USDT
MEXC ALT_USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ALTUSDT | +0.0100% | 4h | 0.007476 | −0.200% | $614K | $100K | 50x | as long as short |
| BingX ALT-USDT | +0.0100% | 4h | 0.007482 | −0.120% | — | $1.3M | — | as long as short |
| Kraken Futures PF_ALTUSD | +0.0348% | 1h | 0.007487 | −0.054% | $44K | $8K | 10x | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0448% | 1h | 0.007518 | +0.360% | $14K | $3K | 50x | as long as short |
Bitget ALTUSDT
BingX ALT-USDT
Kraken Futures PF_ALTUSD
Coinbase International ALT-PERP-INTX