Settings8H · net · $10k
Funding arb · Price arb /

HYPER

all HYPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0152%/8h= −16.6% APRnext payment $0.76 per $10,000 · paid last 24h −0.002%
Price spread now: KuCoin against Variational Omni−0.231%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and KuCoin is 0.231% cheaper against Variational Omni than usual: you would sell low and buy high (−$23 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni HYPER0.074310.0100pay 0.0050% / 4h2h 28m$7K$1K
ShortKuCoin HYPERUSDTM0.07414−0.0052pay 0.0026% / 4h2h 28m$131K$93K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Variational Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$31.92
Price spread: −0.231% → 0.000%
−$23.1
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$67.02
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; KuCoin: live order book, 50 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni no order-book sample
Sell KuCoin live order book, 50 min ago22.17 bp248.5 bp −$248doesn't fitdoesn't fitdoesn't fit
Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

HYPER on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate HYPER_USDT−0.0232%4h0.07420−0.150%$90K$46K50xas long as short
KuCoin HYPERUSDTMshort−0.0052%4h0.07414−0.231%$131K$93K30x
Hyperliquid HYPER+0.0100%1h0.07430−0.014%$72K$121K3xas long as short
Aster HYPERUSDT+0.0100%4h0.07428−0.040%$20K$4K5xas long as short
Binance HYPERUSDT+0.0100%4h0.07426−0.065%$2.0M$2.1M50xas long as short
Bybit HYPERUSDT+0.0100%4h0.07429−0.029%$1.2M$704K25xas long as short
MEXC HYPER_USDT+0.0100%4h0.07425−0.083%$258K$130K20xas long as short
Bitget HYPERUSDT+0.0100%4h0.07423−0.110%$310K$262K50xas long as short
Variational Omni HYPERlong+0.0100%4h0.07431long leg$7K$1K
BloFin HYPER-USDT+0.0127%4h0.07429−0.029%$189K$22K50xas long as short