Funding you earn now, next payment 07:00 UTC+0.0885%/8h= +96.9% APRpaid last 24h +0.237%
Price spread now: Hyperliquid against KuCoin−0.052%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$220as in the Funding arb table
Net, price: spread back to 7d avg − costs−$275as in the Price arb table
costs, in and out, $10k−$2712.706% of the position
Funding, last 7 days+0.502%+$50 on $10k
+Price spread, last 4 days (all we have)−0.007%−$1 · spread now −0.052%, 7d avg −0.012%
=Together, before fees+0.496%+ Points / potential airdropHyperliquid: Season 2 · farm board+$50 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.039% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.052% now, against its 7-day average of −0.012%). If the spread goes back, that is −$4 on $10k: about 4 hours of funding at the current rate (+$27 a day). At the pace of the last 7 days (+0.502% in total) that is about 13 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.502% in total (about 26.2% 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 | KuCoin BSVUSDTM | 19.320 | 0.0100 | pay 0.0050% / 4h | 1h 57m | $678K | $85K | 30x |
| Short | Hyperliquid BSV | 19.310 | 0.0985 | get 0.0123% / 1h | 57m 49s | $696K | $292K | 3x |
KuCoin BSVUSDTM
Hyperliquid BSVFunding 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
- $185.84
- Price spread: −0.052% → −0.012%
- −$3.95
- Slippage, 4 orders
- −$249.58
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$88.69
- Costs to cover
- 2.706%
- Break-even
- 10.3 days
Slippage from KuCoin: live order book, 6 min ago; Hyperliquid: live order book, 12 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, 6 min ago | 7.78 bp | 109.4 bp −$109 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 12 min ago | 2.08 bp | 21.2 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
BSV on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance BSVUSDT | +0.0100% | 4h | 19.290 | −0.155% | $1.9M | $4.3M | 75x | as long as short |
| Bybit BSVUSDT | +0.0100% | 4h | 19.307 | −0.067% | $1.7M | $1.4M | 75x | as long as short |
| Gate BSV_USDT | +0.0100% | 4h | 19.260 | −0.311% | $1.8M | $2.7M | 50x | as long as short |
| MEXC BSV_USDT | +0.0100% | 4h | 19.300 | −0.104% | $2.4M | $689K | 125x | as long as short |
| KuCoin BSVUSDTMlong | +0.0100% | 4h | 19.320 | long leg | $678K | $85K | 30x | |
| Bitget BSVUSDT | +0.0100% | 4h | 19.280 | −0.207% | $2.0M | $852K | 75x | as long as short |
| BingX BSV-USDT | +0.0100% | 4h | 19.280 | −0.207% | — | $2.4M | — | as long as short |
| BloFin BSV-USDT | +0.0152% | 4h | 19.320 | 0.000% | $119K | $216K | 75x | as long as short |
| Injective BSV/USDC PERP | +0.0361% | 1h | 19.220 | −0.518% | $4K | $94K | 5.5x | as long as short |
| Hyperliquid BSVshort | +0.0985% | 1h | 19.310 | −0.052% | $696K | $292K | 3x |
Binance BSVUSDT
Bybit BSVUSDT
Gate BSV_USDT
MEXC BSV_USDT
Bitget BSVUSDT
BingX BSV-USDT
BloFin BSV-USDT
Injective BSV/USDC PERP