Funding you earn now, next payment 12:00 UTC+0.0027%/8h= +2.9% APRnext payment +$0.13 per $10,000 · paid last 24h −0.013%
Price spread now: KuCoin against BloFin−0.240%50s7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$594as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$5735.731% of the position
Funding, last 7 days−0.213%−$21 on $10k
+Price spread, last 4 days (all we have)+0.254%+$25 · spread now −0.240%, 7d avg +0.001%
=Funding pays, the price is against you. KuCoin is 0.241% cheaper against BloFin than usual: you would sell low and buy high (spread −0.240% now, against its 7-day average of +0.001%). If the spread goes back, that is −$24 on $10k: about 30 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.213%, so the current rate has only just turned in your favour. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin HYPER-USDT | 0.07508 | 0.0073 | pay 0.0037% / 4h | 3h 00m | $192K | $15K | 50x |
| Short | KuCoin HYPERUSDTM | 0.07490 | 0.0100 | get 0.0050% / 4h | 3h 00m | $97K | $59K | 30x |
BloFin HYPER-USDT
KuCoin HYPERUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BloFin. 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
- $5.58
- Price spread: −0.240% → +0.001%
- −$24.11
- Slippage, 4 orders
- −$549.09
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$591.61
- Costs to cover
- 5.731%
- Break-even
- 749.4 days
Slippage from BloFin: live order book, 65 min ago; KuCoin: live order book, 84 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 BloFin live order book, 65 min ago | 3.35 bp | 21.4 bp −$21 | 52.1 bp −$521 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 84 min ago | 10.09 bp | 201.8 bp −$202 | doesn't fit | doesn't fit | doesn't fit |
HYPER on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin HYPER-USDTlong | +0.0073% | 4h | 0.07508 | long leg | $192K | $15K | 50x | |
| Hyperliquid HYPER | +0.0100% | 1h | 0.07499 | −0.124% | $74K | $117K | 3x | as long as short |
| Aster HYPERUSDT | +0.0100% | 4h | 0.07501 | −0.098% | $20K | $4K | 5x | as long as short |
| Binance HYPERUSDT | +0.0100% | 4h | 0.07501 | −0.096% | $2.0M | $2.3M | 50x | as long as short |
| Bybit HYPERUSDT | +0.0100% | 4h | 0.07499 | −0.120% | $1.2M | $754K | 25x | as long as short |
| Gate HYPER_USDT | +0.0100% | 4h | 0.07500 | −0.107% | $91K | $35K | 50x | as long as short |
| MEXC HYPER_USDT | +0.0100% | 4h | 0.07497 | −0.147% | $237K | $127K | 20x | as long as short |
| KuCoin HYPERUSDTMshort | +0.0100% | 4h | 0.07490 | −0.240% | $97K | $59K | 30x | |
| Bitget HYPERUSDT | +0.0100% | 4h | 0.07498 | −0.133% | $307K | $268K | 50x | as long as short |
| Variational Omni HYPER | +0.0100% | 4h | 0.07492 | −0.218% | $6K | $1K | — | as long as short |
Hyperliquid HYPER
Aster HYPERUSDT
Binance HYPERUSDT
Bybit HYPERUSDT
Gate HYPER_USDT
MEXC HYPER_USDT
Bitget HYPERUSDT
Variational Omni HYPER