Funding you earn now, next payment 00:00 UTC+0.1364%/8h= +149.4% APRpaid last 24h +0.160%
Price spread now: KuCoin against Hyperliquid−0.109%7-day average +0.157% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,690as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,773as in the Price arb table
costs, in and out, $10k−$1,74617.459% of the position
Funding, last 7 days+0.560%+$56 on $10k
+Price spread, last 4 days (all we have)+0.156%+$16 · spread now −0.109%, 7d avg +0.157%
=Together, before fees+0.715%+ Points / potential airdropHyperliquid: Season 2 · farm board+$72 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.266% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.109% now, against its 7-day average of +0.157%). If the spread goes back, that is −$27 on $10k: about 16 hours of funding at the current rate (+$41 a day). At the pace of the last 7 days (+0.560% in total) that is about 3.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.560% in total (about 29.2% 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 | Hyperliquid DYM | 0.01837 | 0.0100 | pay 0.0013% / 1h | 47m 41s | $367K | $255K | 3x |
| Short | KuCoin DYMUSDTM | 0.01835 | 0.1464 | get 0.0732% / 4h | 47m 41s | $432K | $145K | 25x |
Hyperliquid DYM
KuCoin DYMUSDTMFunding 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
- $286.44
- Price spread: −0.109% → +0.157%
- −$26.56
- Slippage, 4 orders
- −$1,724.94
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,486.06
- Costs to cover
- 17.459%
- Break-even
- 43.3 days
Slippage from Hyperliquid: live order book, 12 min ago; KuCoin: live order book, 14 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, 12 min ago | 2.73 bp | 31.1 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 14 min ago | 24.54 bp | 861.0 bp −$861 | doesn't fit | doesn't fit | doesn't fit |
DYM on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX DYM-USD | 0.0000% | 1h | 0.01834 | −0.177% | $251 | $5 | 5x | as long as short |
| Injective DYM/USDC PERP | +0.0033% | 1h | 0.01718 | −6.478% | $237 | $12K | 5.5x | as long as short |
| Hyperliquid DYMlong | +0.0100% | 1h | 0.01837 | long leg | $367K | $255K | 3x | |
| Aster DYMUSDT | +0.0100% | 4h | 0.01836 | −0.065% | $76K | $6K | 5x | as long as short |
| Binance DYMUSDT | +0.0100% | 4h | 0.01836 | −0.054% | $2.4M | $4.7M | 10x | as long as short |
| Bybit DYMUSDT | +0.0100% | 4h | 0.01835 | −0.103% | $781K | $425K | 25x | as long as short |
| MEXC DYM_USDT | +0.0100% | 4h | 0.01837 | 0.000% | $1.1M | $664K | 20x | as long as short |
| Bitget DYMUSDT | +0.0100% | 4h | 0.01836 | −0.054% | $399K | $180K | 25x | as long as short |
| BingX DYM-USDT | +0.0100% | 4h | 0.01837 | 0.000% | — | $12.6M | — | as long as short |
| Variational Omni DYM | +0.0100% | 4h | 0.01832 | −0.285% | $9K | $5K | — | as long as short |
dYdX DYM-USD
Injective DYM/USDC PERP
Aster DYMUSDT
Binance DYMUSDT
Bybit DYMUSDT
MEXC DYM_USDT
Bitget DYMUSDT
BingX DYM-USDT
Variational Omni DYMShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended DYM-USD | +0.0104% | 1h | 0.01836 | −0.074% | $4K | $263K | 5x | as long as short |
| Gate DYM_USDT | +0.0522% | 4h | 0.01840 | +0.163% | $147K | $169K | 25x | as long as short |
| KuCoin DYMUSDTMshort | +0.1464% | 4h | 0.01835 | −0.109% | $432K | $145K | 25x | |
| Kraken Futures PF_DYMUSD | +0.1937% | 1h | 0.01843 | +0.303% | $15K | $5K | 10x | as long as short |
Extended DYM-USD
Gate DYM_USDT
Kraken Futures PF_DYMUSD