Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against KuCoin+0.041%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$525as in the Funding arb table
Net, price: spread back to 7d avg − costs−$524as in the Price arb table
costs, in and out, $10k−$5255.252% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.108%+$11 · spread now +0.041%, 7d avg +0.027%
=Together, before fees+0.108%+ Points / potential airdropHyperliquid: Season 2 · farm board+$11 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PYTHUSDTM | 0.06305 | 0.0100 | pay 0.0050% / 4h | 3h 58m | $1.5M | $371K | 50x |
| Short | Hyperliquid PYTH | 0.06308 | 0.0100 | get 0.0013% / 1h | 58m 56s | $2.2M | $1.9M | 5x |
Funding 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
- $0
- Price spread: +0.041% → +0.027%
- $1.43
- Slippage, 4 orders
- −$504.17
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$523.73
- Costs to cover
- 5.252%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 7 min ago; Hyperliquid: live order book, 2 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, 7 min ago | 8.71 bp | 302.7 bp −$303 | 804.3 bp −$8,043 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 2 min ago | 3.48 bp | 18.3 bp −$18 | doesn't fit | 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 | −0.0047% | 1h | 0.06308 | +0.054% | $35K | $61K | 10x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | 0.0000% | 1h | 0.06300 | −0.079% | $10K | $10K | 10x | as long as short |
| dYdX PYTH-USD | +0.0013% | 1h | 0.06310 | +0.075% | $187K | $19 | 5x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −0.714% | $553 | $220K | 5.5x | as long as short |
| BloFin PYTH-USDT | +0.0045% | 4h | 0.06304 | −0.016% | $428K | $72K | 75x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06309 | +0.063% | $195K | $213K | 5x | as long as short |
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06299 | −0.098% | $3K | — | 10x | as long as short |
| Hyperliquid PYTHshort | +0.0100% | 1h | 0.06308 | +0.041% | $2.2M | $1.9M | 5x | |
| Aster PYTHUSDT | +0.0100% | 4h | 0.06300 | −0.084% | $21K | $47K | 10x | as long as short |
| Binance PYTHUSDT | +0.0100% | 4h | 0.06306 | +0.016% | $9.1M | $19.9M | 75x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06310 | +0.079% | $7.5M | $5.0M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06313 | +0.127% | $2.1M | $3.6M | 50x | as long as short |
| Gate PYTH_USDT | +0.0100% | 4h | 0.06298 | −0.111% | $1.0M | $508K | 75x | as long as short |
| MEXC PYTH_USDT | +0.0100% | 4h | 0.06299 | −0.095% | $10.5M | $2.7M | 125x | as long as short |
| KuCoin PYTHUSDTMlong | +0.0100% | 4h | 0.06305 | long leg | $1.5M | $371K | 50x | |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06305 | 0.000% | $2.7M | $2.3M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06303 | −0.032% | — | $2.8M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06304 | −0.013% | $40K | $27K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06300 | −0.079% | $2K | $2K | 10x | as long as short |
| Aevo PYTH-PERP | +0.0104% | 1h | 0.06300 | −0.079% | $22K | — | 3x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06299 | −0.089% | — | — | 20x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.0467% | 1h | 0.06306 | +0.013% | $382K | $304K | 25x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0536% | 1h | 0.06427 | +1.935% | $40K | $19K | 25x | as long as short |
KuCoin PYTHUSDTM
Hyperliquid PYTH
Backpack PYTH_USDC_PERP
Deribit PYTH_USDC-PERPETUAL
Injective PYTH/USDC PERP
BloFin PYTH-USDT
Lighter PYTH
Paradex PYTH-USD-PERP
Aster PYTHUSDT
Binance PYTHUSDT
Bybit PYTHUSDT
OKX PYTH-USDT-SWAP
Gate PYTH_USDT
MEXC PYTH_USDT
Bitget PYTHUSDT
BingX PYTH-USDT
Variational Omni PYTH
Kraken Futures PF_PYTHUSD
Coinbase International PYTH-PERP-INTX