Funding you earn now, next payment 02:00 UTC+0.0178%/8h= +19.5% APRpaid last 24h +0.042%
Price spread now: Hyperliquid against KuCoin+0.159%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$510.508% of the position
Funding, last 7 days+0.114%+$11 on $10k
+Price spread, last 7 days−0.131%−$13 · spread now +0.159%, 7d avg +0.069%
=Together, before fees−0.018%+ Points / potential airdropHyperliquid: Season 2 · farm board−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Hyperliquid is 0.089% dearer against KuCoin than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.069%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin HBARUSDTM | 0.09252 | −0.0078 | get 0.0078% / 8h | 6h 43m | $7.3M | $7.4M | 75x |
| Short | Hyperliquid HBAR | 0.09267 | 0.0100 | get 0.0013% / 1h | 43m 54s | $8.9M | $2.7M | 5x |
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
- $37.38
- Price spread: +0.159% → +0.069%
- $8.94
- Slippage, 4 orders
- −$29.83
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$4.51
- Costs to cover
- 0.508%
- Break-even
- 7.8 days
Slippage from KuCoin: live order book, 9 min ago; Hyperliquid: live order book, 8 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, 9 min ago | 2.70 bp | 12.5 bp −$12 | 42.7 bp −$427 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 8 min ago | 0.86 bp | 8.9 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
HBAR on 28 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni HBARUSDT | −0.0091% | 1h | 0.09264 | +0.130% | $148K | $724K | 50x | as long as short |
| KuCoin HBARUSDTMlong | −0.0078% | 8h | 0.09252 | long leg | $7.3M | $7.4M | 75x | |
| Lighter HBAR | 0.0000% | 1h | 0.09248 | −0.043% | $560K | $583K | 5x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09234 | −0.199% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09247 | −0.056% | $8K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | +0.324% | $1K | $106K | 12x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09250 | −0.022% | $226K | $2.1M | 50x | as long as short |
| Gate HBAR_USDT | +0.0065% | 8h | 0.09256 | +0.043% | $2.4M | $3.0M | 75x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0069% | 1h | 0.09259 | +0.070% | $1.4M | $2.4M | 50x | as long as short |
| Binance HBARUSDT | +0.0071% | 8h | 0.09253 | +0.016% | $34.5M | $104.4M | 75x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC HBAR_USDT | +0.0071% | 8h | 0.09253 | +0.011% | $26.5M | $21.7M | 200x | as long as short |
| Extended HBAR-USD | +0.0072% | 1h | 0.09251 | −0.011% | $47K | $278K | 10x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0072% | 8h | 0.09270 | +0.190% | $377K | $2.2M | 10x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0074% | 8h | 0.09249 | −0.032% | $2K | $17K | 10x | as long as short |
| Variational Omni HBAR | +0.0075% | 8h | 0.09246 | −0.064% | $1.0M | $186K | — | as long as short |
| Hyperliquid HBARshort | +0.0100% | 1h | 0.09267 | +0.159% | $8.9M | $2.7M | 5x | |
| Aster HBARUSDT | +0.0100% | 8h | 0.09251 | −0.008% | $211K | $346K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09252 | 0.000% | $32.9M | $34.9M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09255 | +0.032% | $6.8M | $24.7M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09256 | +0.043% | $17.2M | $14.8M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09252 | 0.000% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09258 | +0.065% | $34K | $120K | 15x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09254 | +0.022% | $430 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09249 | −0.032% | $71K | $66K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09254 | +0.022% | $2.2M | $2.1M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0191% | 8h | 0.09272 | +0.216% | $1.5M | $5.5M | 90x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0398% | 1h | 0.09261 | +0.097% | $510K | $154K | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0487% / S −0.0549% | 1h | 0.09245 | −0.071% | $115K | — | 100x | as long as short |
KuCoin HBARUSDTM
Hyperliquid HBAR
ApeX Omni HBARUSDT
Lighter HBAR
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Coinbase International HBAR-PERP-INTX
Gate HBAR_USDT
Kraken Futures PF_HBARUSD
Binance HBARUSDT
MEXC HBAR_USDT
Extended HBAR-USD
GRVT HBAR_USDT_Perp
Variational Omni HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
BloFin HBAR-USDT
Deribit HBAR_USDC-PERPETUAL
GMX HBAR/USD [WBTC.b-USDC]