Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.012%
Price spread now: KuCoin against Hyperliquid−0.022%7-day average +0.050% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.538%−$54 on $10k
+Price spread, last 4 days (all we have)+0.271%+$27 · spread now −0.022%, 7d avg +0.050%
=Together, before fees−0.267%+ Points / potential airdropHyperliquid: Season 2 · farm board−$27 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 0.072% cheaper against Hyperliquid than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.050%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid SOPH | 0.004471 | 0.0100 | pay 0.0013% / 1h | 23m 28s | $520K | $157K | 3x |
| Short | KuCoin SOPHUSDTM | 0.004470 | 0.0100 | get 0.0050% / 4h | 3h 23m | $949K | $38K | 30x |
Funding 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: −0.022% → +0.050%
- −$7.23
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$28.23
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 66 min ago; KuCoin: live order book, 21 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 Hyperliquid live order book, 66 min ago | 4.48 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 21 min ago | 6.69 bp | 205.9 bp −$206 | doesn't fit | doesn't fit | doesn't fit |
SOPH on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid SOPHlong | +0.0100% | 1h | 0.004471 | long leg | $520K | $157K | 3x | |
| Binance SOPHUSDT | +0.0100% | 4h | 0.004473 | +0.051% | $5.3M | $5.1M | 25x | as long as short |
| Bybit SOPHUSDT | +0.0100% | 4h | 0.004472 | +0.022% | $1.8M | $1.1M | 25x | as long as short |
| OKX SOPH-USDT-SWAP | +0.0100% | 4h | 0.004470 | −0.022% | $960K | $1.4M | 10x | as long as short |
| Gate SOPH_USDT | +0.0100% | 4h | 0.004473 | +0.045% | $726K | $151K | 25x | as long as short |
| MEXC SOPH_USDT | +0.0100% | 4h | 0.004473 | +0.045% | $989K | $177K | 20x | as long as short |
| KuCoin SOPHUSDTMshort | +0.0100% | 4h | 0.004470 | −0.022% | $949K | $38K | 30x | |
| Bitget SOPHUSDT | +0.0100% | 4h | 0.004471 | 0.000% | $643K | $208K | 25x | as long as short |
| BingX SOPH-USDT | +0.0100% | 4h | 0.004471 | 0.000% | — | $6.6M | — | as long as short |
Hyperliquid SOPH
KuCoin SOPHUSDTM
Binance SOPHUSDT
Bybit SOPHUSDT
OKX SOPH-USDT-SWAP
Gate SOPH_USDT
MEXC SOPH_USDT
Bitget SOPHUSDT
BingX SOPH-USDT