Funding you earn now, next payment 08:00 UTC−0.0642%/8h= −70.3% APRpaid last 24h −0.143%
Price spread now: Hyperliquid against KuCoin+0.029%7-day average −0.267% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,073as in the Funding arb table
Net, price: spread back to 7d avg − costs−$954as in the Price arb table
costs, in and out, $10k−$9849.839% of the position
Funding, last 7 days−0.891%−$89 on $10k
+Price spread, last 4 days (all we have)−0.364%−$36 · spread now +0.029%, 7d avg −0.267%
=Together, before fees−1.255%+ Points / potential airdropHyperliquid: Season 2 · farm board−$125 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Hyperliquid is 0.297% dearer against KuCoin than usual: you sell high and buy low (spread +0.029% now, against its 7-day average of −0.267%): +$30 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 37 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin IOTAUSDTM | 0.04765 | 0.0742 | pay 0.0742% / 8h | 8m 14s | $2.7M | $221K | 30x |
| Short | Hyperliquid IOTA | 0.04766 | 0.0100 | get 0.0013% / 1h | 8m 14s | $894K | $327K | 3x |
KuCoin IOTAUSDTM
Hyperliquid IOTAFunding 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
- −$134.82
- Price spread: +0.029% → −0.267%
- $29.66
- Slippage, 4 orders
- −$962.88
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$1,089.05
- Costs to cover
- 9.839%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 9 min ago; Hyperliquid: live order book, 52 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 | 24.19 bp | 653.9 bp −$654 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 52 min ago | 0.94 bp | 50.5 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
IOTA on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOTAUSD | −0.0886% | 1h | 0.04769 | +0.084% | $19K | $17K | 10x | as long as short |
| Hyperliquid IOTAshort | +0.0100% | 1h | 0.04766 | +0.029% | $894K | $327K | 3x | |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04767 | +0.045% | $3.4M | $5.8M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04766 | +0.021% | $2.2M | $1.5M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04760 | −0.105% | $551K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04762 | −0.063% | $820K | $257K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04766 | +0.021% | $586K | $175K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04771 | +0.126% | $1.8M | $725K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04766 | +0.021% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04758 | −0.138% | $51K | $33K | — | as long as short |
Kraken Futures PF_IOTAUSD
Binance IOTAUSDT
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
MEXC IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDT
Variational Omni IOTAShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin IOTA-USDT | +0.0117% | 8h | 0.04766 | +0.021% | $165K | $43K | 75x | as long as short |
| KuCoin IOTAUSDTMlong | +0.0742% | 8h | 0.04765 | long leg | $2.7M | $221K | 30x |
BloFin IOTA-USDT