Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.023%
Price spread now: Hyperliquid against KuCoin+0.228%7-day average +0.134% · you sell dearer than you buy
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$160as in the Price arb table
costs, in and out, $10k−$1701.698% of the position
Funding, last 7 days+0.329%+$33 on $10k
+Price spread, last 7 days−0.141%−$14 · spread now +0.228%, 7d avg +0.134%
=Together, before fees+0.188%+ Points / potential airdropHyperliquid: Season 2 · farm board+$19 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: Hyperliquid is 0.094% dearer against KuCoin than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.134%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CHIPUSDTM | 0.04684 | 0.0100 | pay 0.0050% / 4h | 3h 10m | $980K | $1.1M | 50x |
| Short | Hyperliquid CHIP | 0.04695 | 0.0100 | get 0.0013% / 1h | 10m 17s | $14.7M | $6.5M | 3x |
Funding 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: +0.228% → +0.134%
- $9.44
- Slippage, 4 orders
- −$148.81
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$160.37
- Costs to cover
- 1.698%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; Hyperliquid: live order book, 2 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, 4 min ago | 8.53 bp | 71.1 bp −$71 | 563.7 bp −$5,637 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 2 min ago | 1.49 bp | 19.8 bp −$20 | doesn't fit | 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 | −0.0784% | 1h | 0.04671 | −0.278% | $14K | $229K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0273% | 1h | 0.04674 | −0.213% | $17K | $249K | 50x | as long as short |
| Phoenix CHIP | −0.0172% | 1h | 0.04677 | −0.149% | $3K | $140K | 5x | as long as short |
| Nado CHIP-PERP | −0.0139% | 1h | 0.04680 | −0.075% | $234K | $18K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | +0.0003% | 4h | 0.04686 | +0.043% | $2.0M | $9.1M | 20x | as long as short |
| BloFin CHIP-USDT | +0.0066% | 4h | 0.04677 | −0.149% | $550K | $65K | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04684 | 0.000% | $87K | $108K | 3x | as long as short |
| Hyperliquid CHIPshort | +0.0100% | 1h | 0.04695 | +0.228% | $14.7M | $6.5M | 3x | |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04683 | −0.023% | $49K | $238K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04684 | +0.006% | $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 | 0.04684 | 0.000% | $14.1M | $26.0M | 50x | as long as short |
| Bybit CHIPUSDT | +0.0100% | 4h | 0.04687 | +0.064% | $10.9M | $8.6M | 20x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04683 | −0.021% | $693K | $911K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04682 | −0.043% | $1.8M | $1.2M | 50x | as long as short |
| KuCoin CHIPUSDTMlong | +0.0100% | 4h | 0.04684 | long leg | $980K | $1.1M | 50x | |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04683 | −0.021% | $2.0M | $3.2M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04683 | −0.021% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04677 | −0.155% | $879K | $458K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04680 | −0.085% | $840 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04681 | −0.065% | $212K | $1.9M | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | +0.0155% | 1h | 0.04690 | +0.126% | $10K | $24K | 10x | as long as short |
| Aftermath Perps CHIPUSD | +0.0304% | 1h | 0.04674 | −0.209% | $86 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0928% | 1h | 0.04696 | +0.267% | $45K | $40K | 50x | as long as short |
KuCoin CHIPUSDTM
Hyperliquid CHIP
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
Deribit CHIP_USDC-PERPETUAL
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX