Funding you earn now, next payment 00:00 UTC+0.0264%/8h= +28.9% APRnext payment +$1.32 per $10,000 · paid last 24h +0.002%
Price spread now: Binance against KuCoin+0.054%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$492as in the Funding arb table
Net, price: spread back to 7d avg − costs−$517as in the Price arb table
costs, in and out, $10k−$5215.212% of the position
Funding, last 7 days+0.290%+$29 on $10k
+Price spread, last 4 days (all we have)+0.120%+$12 · spread now +0.054%, 7d avg +0.010%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Binance is 0.044% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin HYPERUSDTM | 0.07409 | −0.0164 | get 0.0082% / 4h | 1h 31m | $127K | $93K | 30x |
| Short | Binance HYPERUSDT | 0.07413 | 0.0100 | get 0.0050% / 4h | 1h 31m | $2.0M | $2.1M | 50x |
KuCoin HYPERUSDTM
Binance HYPERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $55.44
- Price spread: +0.054% → +0.010%
- $4.37
- Slippage, 4 orders
- −$499.22
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$461.41
- Costs to cover
- 5.212%
- Break-even
- 65.3 days
Slippage from KuCoin: live order book, 32 min ago; Binance: live order book, 3 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, 32 min ago | 14.87 bp | 253.8 bp −$254 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 0.67 bp | 24.9 bp −$25 | 99.9 bp −$999 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HYPERUSDTMlong | −0.0164% | 4h | 0.07409 | long leg | $127K | $93K | 30x | |
| Gate HYPER_USDT | −0.0050% | 4h | 0.07420 | +0.148% | $90K | $46K | 50x | as long as short |
| Hyperliquid HYPER | +0.0100% | 1h | 0.07420 | +0.146% | $71K | $120K | 3x | as long as short |
| Aster HYPERUSDT | +0.0100% | 4h | 0.07424 | +0.203% | $20K | $4K | 5x | as long as short |
| Binance HYPERUSDTshort | +0.0100% | 4h | 0.07413 | +0.054% | $2.0M | $2.1M | 50x | |
| Bybit HYPERUSDT | +0.0100% | 4h | 0.07415 | +0.081% | $1.2M | $708K | 25x | as long as short |
| MEXC HYPER_USDT | +0.0100% | 4h | 0.07420 | +0.148% | $255K | $130K | 20x | as long as short |
| Bitget HYPERUSDT | +0.0100% | 4h | 0.07415 | +0.081% | $310K | $261K | 50x | as long as short |
| Variational Omni HYPER | +0.0100% | 4h | 0.07424 | +0.204% | $7K | $1K | — | as long as short |
| BloFin HYPER-USDT | +0.0137% | 4h | 0.07412 | +0.040% | $189K | $23K | 50x | as long as short |
Gate HYPER_USDT
Hyperliquid HYPER
Aster HYPERUSDT
Bybit HYPERUSDT
MEXC HYPER_USDT
Bitget HYPERUSDT
Variational Omni HYPER
BloFin HYPER-USDT