Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.012%
Price spread now: Hyperliquid against KuCoin−0.090%7-day average +0.112% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.068%+$7 on $10k
+Price spread, last 7 days+0.105%+$10 · spread now −0.090%, 7d avg +0.112%
=Together, before fees+0.173%+ Points / potential airdropHyperliquid: Season 2 · farm board+$17 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 0.202% cheaper against KuCoin than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of +0.112%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ETHFIUSDTM | 0.7038 | 0.0100 | pay 0.0050% / 4h | 3h 50m | $1.2M | $229K | 50x |
| Short | Hyperliquid ETHFI | 0.7032 | 0.0100 | get 0.0013% / 1h | 50m 34s | $17.5M | $7.9M | 5x |
KuCoin ETHFIUSDTM
Hyperliquid ETHFIFunding 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: −0.090% → +0.112%
- −$20.19
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$41.19
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 4 min ago; Hyperliquid: live order book, 2 min ago. Net counts fees only.
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 | 6.37 bp | 58.7 bp −$59 | 235.7 bp −$2,357 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 2 min ago | 0.85 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
ETHFI on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX ETHFI-USDT | −0.0929% | 4h | 0.7040 | +0.028% | $85K | $171K | 20x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | −0.0602% | 1h | 0.7040 | +0.028% | $40K | $11K | 10x | as long as short |
| Kraken Futures PF_ETHFIUSD | −0.0304% | 1h | 0.7044 | +0.088% | $264K | $209K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0237% | 4h | 0.7041 | +0.043% | $16K | $1K | 10x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0005% | 8h | 0.7031 | −0.095% | $6K | — | 5x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +2.870% | $321 | $51K | 5.5x | as long as short |
| Variational Omni ETHFI | +0.0077% | 4h | 0.7045 | +0.096% | $983K | $703K | — | as long as short |
| Extended ETHFI-USD | +0.0088% | 1h | 0.7032 | −0.090% | $95K | $379K | 10x | as long as short |
| MEXC ETHFI_USDT | +0.0088% | 4h | 0.7031 | −0.099% | $15.9M | $4.0M | 125x | as long as short |
| Binance ETHFIUSDT | +0.0088% | 4h | 0.7028 | −0.143% | $24.4M | $35.1M | 75x | as long as short |
HTX ETHFI-USDT
Deribit ETHFI_USDC-PERPETUAL
Kraken Futures PF_ETHFIUSD
Orderly PERP_ETHFI_USDC
Paradex ETHFI-USD-PERP
Injective ETHFI/USDC PERP
Variational Omni ETHFI
Extended ETHFI-USD
MEXC ETHFI_USDT
Binance ETHFIUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ETHFI | +0.0096% | 1h | 0.7045 | +0.102% | $1.1M | $841K | 5x | as long as short |
| Hyperliquid ETHFIshort | +0.0100% | 1h | 0.7032 | −0.090% | $17.5M | $7.9M | 5x | |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7038 | +0.001% | $180K | $226K | 10x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7031 | −0.099% | $17.6M | $12.5M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7036 | −0.028% | $5.1M | $12.3M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7040 | +0.028% | $1.7M | $1.9M | 75x | as long as short |
| KuCoin ETHFIUSDTMlong | +0.0100% | 4h | 0.7038 | long leg | $1.2M | $229K | 50x | |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7027 | −0.156% | $6.0M | $5.2M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.7037 | −0.014% | — | $8.8M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7044 | +0.085% | $70K | $118K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7051 | +0.185% | $2K | $1.1M | 20x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7040 | +0.028% | $8K | — | 3x | as long as short |
| BloFin ETHFI-USDT | +0.0328% | 4h | 0.7041 | +0.043% | $1.2M | $244K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0544% | 1h | 0.7075 | +0.526% | $31K | $6K | 50x | as long as short |
Lighter ETHFI
Aster ETHFIUSDT
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
Bitget ETHFIUSDT
BingX ETHFI-USDT
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Aevo ETHFI-PERP
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX