Funding you earn now, next payment 06:00 UTC−0.0048%/8h= −5.3% APRpaid last 24h +0.052%
Price spread now: KuCoin against Hyperliquid−0.185%7-day average +0.127% · you buy dearer than you sell
Net, funding: paid 7d − costs−$487as in the Funding arb table
Net, price: spread back to 7d avg − costs−$546as in the Price arb table
costs, in and out, $10k−$5145.144% of the position
Funding, last 7 days+0.274%+$27 on $10k
+Price spread, last 7 days+0.162%+$16 · spread now −0.185%, 7d avg +0.127%
=Together, before fees+0.437%+ Points / potential airdropHyperliquid: Season 2 · farm board+$44 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.312% cheaper against Hyperliquid than usual: you would sell low and buy high (−$31 if the spread goes back to its 7-day average of +0.127%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.274%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid STBL | 0.02653 | 0.0148 | pay 0.0019% / 1h | 12m 26s | $1.9M | $252K | 3x |
| Short | KuCoin STBLUSDTM | 0.02648 | 0.0100 | get 0.0050% / 4h | 2h 12m | $1.1M | $236K | 20x |
Hyperliquid STBL
KuCoin STBLUSDTMFunding 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
- −$10.14
- Price spread: −0.185% → +0.127%
- −$31.16
- Slippage, 4 orders
- −$493.41
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$555.71
- Costs to cover
- 5.144%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 8 min ago; KuCoin: 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 Hyperliquid live order book, 8 min ago | 2.83 bp | 32.4 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 13.20 bp | 222.3 bp −$222 | doesn't fit | doesn't fit | doesn't fit |
STBL 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter STBL | +0.0096% | 1h | 0.02648 | −0.185% | $79K | $2K | 3x | as long as short |
| Aster STBLUSDT | +0.0100% | 4h | 0.02653 | +0.005% | $89K | $5K | 5x | as long as short |
| Binance STBLUSDT | +0.0100% | 4h | 0.02659 | +0.216% | $1.9M | $2.0M | 50x | as long as short |
| MEXC STBL_USDT | +0.0100% | 4h | 0.02658 | +0.192% | $363K | $148K | 100x | as long as short |
| KuCoin STBLUSDTMshort | +0.0100% | 4h | 0.02648 | −0.185% | $1.1M | $236K | 20x | |
| Variational Omni STBL | +0.0100% | 4h | 0.02657 | +0.138% | $969 | $276 | — | as long as short |
| SunX STBL-USDT | +0.0100% | 4h | 0.02654 | +0.041% | $2K | $1.1M | 20x | as long as short |
| BloFin STBL-USDT | +0.0105% | 4h | 0.02661 | +0.305% | $125K | $21K | 50x | as long as short |
| Hyperliquid STBLlong | +0.0148% | 1h | 0.02653 | long leg | $1.9M | $252K | 3x | |
| BingX STBL-USDT | +0.0258% | 4h | 0.02658 | +0.192% | — | $6.6M | — | as long as short |
Lighter STBL
Aster STBLUSDT
Binance STBLUSDT
MEXC STBL_USDT
Variational Omni STBL
SunX STBL-USDT
BloFin STBL-USDT
BingX STBL-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit STBLUSDT | +0.0431% | 4h | 0.02654 | +0.041% | $1.5M | $650K | 20x | as long as short |
| Gate STBL_USDT | +0.1010% | 4h | 0.02665 | +0.456% | $1.2M | $96K | 50x | as long as short |
Bybit STBLUSDT
Gate STBL_USDT