Funding you earn now, next payment 01:00 UTC+0.0173%/8h= +18.9% APRpaid last 24h +0.027%
Price spread now: Hyperliquid against KuCoin+0.022%7-day average +0.082% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.137%+$14 on $10k
+Price spread, last 4 days (all we have)+0.198%+$20 · spread now +0.022%, 7d avg +0.082%
=Together, before fees+0.335%+ Points / potential airdropHyperliquid: Season 2 · farm board+$34 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.061% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.022% now, against its 7-day average of +0.082%). If the spread goes back, that is −$6 on $10k: about 28 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.137% in total) that is about 3.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PEOPLEUSDTM | 0.009219 | −0.0073 | get 0.0073% / 8h | 7h 52m | $660K | $123K | 50x |
| Short | Hyperliquid PEOPLE | 0.009221 | 0.0100 | get 0.0013% / 1h | 52m 13s | $428K | $213K | 3x |
KuCoin PEOPLEUSDTM
Hyperliquid PEOPLEFunding 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
- $36.33
- Price spread: +0.022% → +0.082%
- −$6.05
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $9.28
- Costs to cover
- 0.210%
- Break-even
- 5.2 days
Slippage unknown: KuCoin: live order book, 1 min ago; Hyperliquid: live order book, 68 min ago. Net counts fees only.
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, 1 min ago | 13.57 bp | 77.0 bp −$77 | 973.5 bp −$9,735 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 68 min ago | 1.64 bp | 15.3 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
PEOPLE on 15 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_PEOPLEUSD | −0.1357% | 1h | 0.009205 | −0.154% | $36K | $45K | 10x | as long as short |
| Gate PEOPLE_USDT | −0.0806% | 8h | 0.009222 | +0.033% | $720K | $1.4M | 50x | as long as short |
| KuCoin PEOPLEUSDTMlong | −0.0073% | 8h | 0.009219 | long leg | $660K | $123K | 50x | |
| Variational Omni PEOPLE | −0.0018% | 8h | 0.009236 | +0.187% | $6K | $3K | — | as long as short |
| Bybit PEOPLEUSDT | −0.0001% | 8h | 0.009205 | −0.152% | $1.6M | $2.2M | 50x | as long as short |
| BloFin PEOPLE-USDT | +0.0100% | 8h | 0.009223 | +0.043% | $348K | $87K | 50x | as long as short |
| Hyperliquid PEOPLEshort | +0.0100% | 1h | 0.009221 | +0.022% | $428K | $213K | 3x | |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009224 | +0.054% | $8K | $75K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009215 | −0.048% | $5.6M | $15.3M | 50x | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0100% | 8h | 0.009208 | −0.119% | $3.4M | $8.6M | 20x | as long as short |
Kraken Futures PF_PEOPLEUSD
Gate PEOPLE_USDT
Variational Omni PEOPLE
Bybit PEOPLEUSDT
BloFin PEOPLE-USDT
Aster PEOPLEUSDT
Binance PEOPLEUSDT
OKX PEOPLE-USDT-SWAPShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC PEOPLE_USDT | +0.0100% | 8h | 0.009218 | −0.011% | $681K | $302K | 200x | as long as short |
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009215 | −0.043% | $1.7M | $1.2M | 50x | as long as short |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009222 | +0.033% | — | $5.7M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009214 | −0.054% | $44K | $52K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009222 | +0.031% | $184 | — | 5x | as long as short |
MEXC PEOPLE_USDT
Bitget PEOPLEUSDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD