Funding you earn now, next payment 05:00 UTC−0.0130%/8h= −14.2% APRpaid last 24h −0.052%
Price spread now: KuCoin against Hyperliquid−0.162%7-day average −0.117% · you buy dearer than you sell
Net, funding: paid 7d − costs−$253as in the Funding arb table
Net, price: spread back to 7d avg − costs−$241as in the Price arb table
costs, in and out, $10k−$2372.371% of the position
Funding, last 7 days−0.163%−$16 on $10k
+Price spread, last 4 days (all we have)−0.105%−$11 · spread now −0.162%, 7d avg −0.117%
=Together, before fees−0.268%+ Points / potential airdropHyperliquid: Season 2 · farm board−$27 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and KuCoin is 0.044% cheaper against Hyperliquid than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.117%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid CC | 0.1174 | 0.0230 | pay 0.0029% / 1h | 2m 11s | $5.5M | $1.3M | 3x |
| Short | KuCoin CCUSDTM | 0.1172 | 0.0100 | get 0.0050% / 4h | 3h 02m | $483K | $104K | 50x |
Hyperliquid CC
KuCoin CCUSDTMFunding 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
- −$27.31
- Price spread: −0.162% → −0.117%
- −$4.44
- Slippage, 4 orders
- −$216.05
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$268.8
- Costs to cover
- 2.371%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 10 min ago; KuCoin: live order book, 71 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, 10 min ago | 0.85 bp | 11.1 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 71 min ago | 13.20 bp | 124.2 bp −$124 | doesn't fit | doesn't fit | doesn't fit |
CC on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CCUSDT | −0.0448% | 4h | 0.1171 | −0.221% | $10.7M | $3.8M | 25x | as long as short |
| MEXC CC_USDT | −0.0408% | 4h | 0.1171 | −0.213% | $1.7M | $333K | 100x | as long as short |
| Injective CC/USDC PERP | +0.0033% | 1h | 0.1180 | +0.520% | $402 | $3K | 5.5x | as long as short |
| Paradex CC-USD-PERP | +0.0074% | 8h | 0.1172 | −0.190% | $1K | — | 5x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1172 | −0.152% | $35K | $32K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1170 | −0.321% | $11.0M | $11.8M | 75x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1172 | −0.128% | $2.5M | $3.1M | 20x | as long as short |
| Gate CC_USDT | +0.0100% | 4h | 0.1172 | −0.179% | $364K | $210K | 50x | as long as short |
| KuCoin CCUSDTMshort | +0.0100% | 4h | 0.1172 | −0.162% | $483K | $104K | 50x | |
| Bitget CCUSDT | +0.0100% | 4h | 0.1172 | −0.187% | $918K | $769K | 20x | as long as short |
Bybit CCUSDT
MEXC CC_USDT
Injective CC/USDC PERP
Paradex CC-USD-PERP
Aster CCUSDT
Binance CCUSDT
OKX CC-USDT-SWAP
Gate CC_USDT
Bitget CCUSDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX CC-USDT | +0.0100% | 4h | 0.1172 | −0.162% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1171 | −0.221% | $15K | $22K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1172 | −0.175% | $597K | $56K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1173 | −0.116% | $84K | $2.6M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1170 | −0.291% | $6K | $33K | 6.7x | as long as short |
| Hyperliquid CClong | +0.0230% | 1h | 0.1174 | long leg | $5.5M | $1.3M | 3x | |
| BloFin CC-USDT | +0.0340% | 4h | 0.1172 | −0.170% | $595K | $98K | 75x | as long as short |
| GMX CC/USD [WBTC.b-USDC] | L +0.0449% / S −0.0241% | 1h | 0.1172 | −0.135% | $44K | — | 50x | as long as short |
| Lighter CC | +0.0816% | 1h | 0.1177 | +0.247% | $252K | $169K | 5x | as long as short |
BingX CC-USDT
Backpack CC_USDC_PERP
Variational Omni CC
GRVT CC_USDT_Perp
Derive CC-PERP
BloFin CC-USDT
GMX CC/USD [WBTC.b-USDC]
Lighter CC