Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.023%
Price spread now: KuCoin against Hyperliquid−0.151%7-day average −0.134% · you buy dearer than you sell
Net, funding: paid 7d − costs−$174as in the Funding arb table
Net, price: spread back to 7d avg − costs−$143as in the Price arb table
costs, in and out, $10k−$1411.409% of the position
Funding, last 7 days−0.329%−$33 on $10k
+Price spread, last 7 days+0.064%+$6 · spread now −0.151%, 7d avg −0.134%
=Together, before fees−0.265%+ Points / potential airdropHyperliquid: Season 2 · farm board−$26 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid CHIP | 0.04690 | 0.0100 | pay 0.0013% / 1h | 8m 32s | $14.7M | $6.5M | 3x |
| Short | KuCoin CHIPUSDTM | 0.04683 | 0.0100 | get 0.0050% / 4h | 3h 08m | $980K | $1.1M | 50x |
Funding 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: −0.151% → −0.134%
- −$1.74
- Slippage, 4 orders
- −$119.86
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$142.6
- Costs to cover
- 1.409%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 4 min ago; KuCoin: live order book, 1 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, 4 min ago | 1.49 bp | 18.0 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 6.41 bp | 36.6 bp −$37 | 466.3 bp −$4,663 | doesn't fit | doesn't fit |
CHIP on 23 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack CHIP_USDC_PERP | −0.0749% | 1h | 0.04679 | −0.237% | $14K | $229K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0284% | 1h | 0.04673 | −0.365% | $17K | $249K | 50x | as long as short |
| Phoenix CHIP | −0.0172% | 1h | 0.04677 | −0.279% | $3K | $140K | 5x | as long as short |
| Nado CHIP-PERP | −0.0140% | 1h | 0.04675 | −0.311% | $234K | $18K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | +0.0003% | 4h | 0.04677 | −0.279% | $1.9M | $9.1M | 20x | as long as short |
| BloFin CHIP-USDT | +0.0044% | 4h | 0.04672 | −0.386% | $549K | $65K | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04681 | −0.194% | $87K | $108K | 3x | as long as short |
| Hyperliquid CHIPlong | +0.0100% | 1h | 0.04690 | long leg | $14.7M | $6.5M | 3x | |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04682 | −0.183% | $49K | $238K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04682 | −0.177% | $13K | $628 | 3x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CHIPUSDT | +0.0100% | 4h | 0.04676 | −0.301% | $14.1M | $26.0M | 50x | as long as short |
| Bybit CHIPUSDT | +0.0100% | 4h | 0.04680 | −0.215% | $10.9M | $8.6M | 20x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04682 | −0.173% | $693K | $911K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04675 | −0.322% | $1.8M | $1.2M | 50x | as long as short |
| KuCoin CHIPUSDTMshort | +0.0100% | 4h | 0.04683 | −0.151% | $980K | $1.1M | 50x | |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04676 | −0.301% | $2.0M | $3.2M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04676 | −0.301% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04677 | −0.285% | $879K | $458K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04675 | −0.322% | $774 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04675 | −0.323% | $212K | $1.9M | 5x | as long as short |
| Aftermath Perps CHIPUSD | +0.0305% | 1h | 0.04677 | −0.280% | $86 | $38K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | +0.0647% | 1h | 0.04689 | −0.034% | $10K | $24K | 10x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0928% | 1h | 0.04696 | +0.136% | $45K | $40K | 50x | as long as short |
Hyperliquid CHIP
KuCoin CHIPUSDTM
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
Phoenix CHIP
OKX CHIP-USDT-SWAP
BloFin CHIP-USDT
Lighter CHIP
Aster CHIPUSDT
Pacifica CHIP
Binance CHIPUSDT
Bybit CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
Aftermath Perps CHIPUSD
Deribit CHIP_USDC-PERPETUAL
Coinbase International CHIP-PERP-INTX