Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against Hyperliquid−0.047%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$329as in the Funding arb table
Net, price: spread back to 7d avg − costs−$331as in the Price arb table
costs, in and out, $10k−$3293.290% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days−0.027%−$3 · spread now −0.047%, 7d avg −0.027%
=Together, before fees−0.027%+ Points / potential airdropHyperliquid: Season 2 · farm board−$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.021% cheaper against Hyperliquid than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.027%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid PYTH | 0.06321 | 0.0100 | pay 0.0013% / 1h | 18m 05s | $2.2M | $1.9M | 5x |
| Short | KuCoin PYTHUSDTM | 0.06318 | 0.0100 | get 0.0050% / 4h | 2h 18m | $1.5M | $351K | 50x |
Hyperliquid PYTH
KuCoin PYTHUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Hyperliquid. 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
- $0
- Price spread: −0.047% → −0.027%
- −$2.1
- Slippage, 4 orders
- −$307.99
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$331.08
- Costs to cover
- 3.290%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 3 min ago; KuCoin: 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 Hyperliquid live order book, 3 min ago | 1.82 bp | 6.5 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 8.72 bp | 126.8 bp −$127 | 721.3 bp −$7,213 | doesn't fit | doesn't fit |
PYTH on 23 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack PYTH_USDC_PERP | −0.0384% | 1h | 0.06325 | +0.060% | $38K | $63K | 10x | as long as short |
| Gate PYTH_USDT | −0.0084% | 4h | 0.06312 | −0.142% | $1.0M | $530K | 75x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06310 | −0.176% | $187K | $19 | 5x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | 0.0000% | 1h | 0.06321 | 0.000% | $10K | $10K | 10x | as long as short |
| BloFin PYTH-USDT | +0.0003% | 4h | 0.06308 | −0.206% | $422K | $76K | 75x | as long as short |
| MEXC PYTH_USDT | +0.0012% | 4h | 0.06317 | −0.063% | $10.6M | $2.7M | 125x | as long as short |
| Binance PYTHUSDT | +0.0018% | 4h | 0.06317 | −0.070% | $9.0M | $18.9M | 75x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −0.965% | $553 | $220K | 5.5x | as long as short |
| Aevo PYTH-PERP | +0.0088% | 1h | 0.06315 | −0.095% | $23K | — | 3x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06328 | +0.111% | $195K | $210K | 5x | as long as short |
Backpack PYTH_USDC_PERP
Gate PYTH_USDT
dYdX PYTH-USD
Deribit PYTH_USDC-PERPETUAL
BloFin PYTH-USDT
MEXC PYTH_USDT
Binance PYTHUSDT
Injective PYTH/USDC PERP
Aevo PYTH-PERP
Lighter PYTHShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06303 | −0.288% | $3K | — | 10x | as long as short |
| Hyperliquid PYTHlong | +0.0100% | 1h | 0.06321 | long leg | $2.2M | $1.9M | 5x | |
| Aster PYTHUSDT | +0.0100% | 4h | 0.06316 | −0.082% | $20K | $45K | 10x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06317 | −0.063% | $7.4M | $4.8M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06317 | −0.063% | $2.1M | $3.5M | 50x | as long as short |
| KuCoin PYTHUSDTMshort | +0.0100% | 4h | 0.06318 | −0.047% | $1.5M | $351K | 50x | |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06320 | −0.016% | $2.6M | $2.2M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06318 | −0.047% | — | $2.8M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06276 | −0.706% | $38K | $25K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06319 | −0.040% | $2K | $2K | 10x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.0236% | 1h | 0.06328 | +0.110% | $386K | $298K | 25x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06316 | −0.075% | — | — | 20x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0312% | 1h | 0.06493 | +2.721% | $40K | $19K | 25x | as long as short |
Paradex PYTH-USD-PERP
Aster PYTHUSDT
Bybit PYTHUSDT
OKX PYTH-USDT-SWAP
Bitget PYTHUSDT
BingX PYTH-USDT
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Kraken Futures PF_PYTHUSD
Reya PYTHRUSDPERP
Coinbase International PYTH-PERP-INTX