Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against Hyperliquid+0.075%7-day average −0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$210as in the Funding arb table
Net, price: spread back to 7d avg − costs−$196as in the Price arb table
costs, in and out, $10k−$2112.107% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 4 days (all we have)−0.167%−$17 · spread now +0.075%, 7d avg −0.071%
=Together, before fees−0.159%+ Points / potential airdropHyperliquid: Season 2 · farm board−$16 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 0.146% dearer against Hyperliquid than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.071%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid AXS | 1.0672 | 0.0100 | pay 0.0013% / 1h | 45m 02s | $259K | $313K | 5x |
| Short | KuCoin AXSUSDTM | 1.0680 | 0.0100 | get 0.0050% / 4h | 2h 45m | $601K | $312K | 50x |
Hyperliquid AXS
KuCoin AXSUSDTMFunding 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: +0.075% → −0.071%
- $14.59
- Slippage, 4 orders
- −$189.69
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$196.1
- Costs to cover
- 2.107%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 65 min ago; KuCoin: live order book, 68 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, 65 min ago | 2.32 bp | 23.5 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 68 min ago | 9.28 bp | 84.2 bp −$84 | 237.5 bp −$2,375 | doesn't fit | doesn't fit |
AXS on 20 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 AXS/USDC PERP | +0.0033% | 1h | 1.0720 | +0.450% | $5 | $47K | 5.5x | as long as short |
| Orderly PERP_AXS_USDC | +0.0078% | 4h | 1.0670 | −0.019% | $3K | — | 10x | as long as short |
| BloFin AXS-USDT | +0.0090% | 4h | 1.0691 | +0.178% | $275K | $18K | 75x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0697 | +0.234% | $28K | $36K | 5x | as long as short |
| Hyperliquid AXSlong | +0.0100% | 1h | 1.0672 | long leg | $259K | $313K | 5x | |
| Aster AXSUSDT | +0.0100% | 4h | 1.0682 | +0.092% | $73K | $14K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0669 | −0.028% | $6.0M | $10.0M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0682 | +0.094% | $3.7M | $4.2M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0678 | +0.056% | $1.4M | $2.9M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0672 | 0.000% | $852K | $992K | 50x | as long as short |
Injective AXS/USDC PERP
Orderly PERP_AXS_USDC
BloFin AXS-USDT
Lighter AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAP
Gate AXS_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC AXS_USDT | +0.0100% | 4h | 1.0670 | −0.019% | $11.3M | $725K | 50x | as long as short |
| KuCoin AXSUSDTMshort | +0.0100% | 4h | 1.0680 | +0.075% | $601K | $312K | 50x | |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0680 | +0.075% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0677 | +0.047% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0674 | +0.017% | $36K | $4K | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0692 | +0.184% | $759K | $892K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0673 | +0.009% | $2K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0670 | −0.019% | $710 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0668 | −0.037% | $7K | $241K | 10x | as long as short |
| Kraken Futures PF_AXSUSD | +0.0358% | 1h | 1.0683 | +0.107% | $146K | $333K | 20x | as long as short |
MEXC AXS_USDT
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD
Kraken Futures PF_AXSUSD