Funding you earn now, next payment 20:00 UTC0.0000%/8hpaid last 24h −0.045%
Price spread now: KuCoin against Hyperliquid+0.003%7-day average −0.107% · you sell dearer than you buy
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$1021.019% of the position
Funding, last 7 days−0.102%−$10 on $10k
+Price spread, last 3 days (all we have)−0.101%−$10 · spread now +0.003%, 7d avg −0.107%
=Together, before fees−0.203%+ Points / potential airdropHyperliquid: Season 2 · farm board−$20 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 0.110% dearer against Hyperliquid than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.107%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid STX | 0.3356 | 0.0100 | pay 0.0013% / 1h | 6m 50s | $1.4M | $1.1M | 5x |
| Short | KuCoin STXUSDTM | 0.3356 | 0.0100 | get 0.0100% / 8h | 4h 06m | $2.5M | $1.8M | 50x |
Hyperliquid STX
KuCoin STXUSDTMFunding 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: +0.003% → −0.107%
- $10.98
- Slippage, 4 orders
- −$80.9
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$90.92
- Costs to cover
- 1.019%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 8 min ago; KuCoin: live order book, 4 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 | 1.64 bp | 11.9 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 10.45 bp | 27.7 bp −$28 | 87.9 bp −$879 | doesn't fit | doesn't fit |
STX on 18 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_STXUSD | −0.1124% | 1h | 0.3356 | 0.000% | $75K | $165K | 20x | as long as short |
| Variational Omni STX | −0.0748% | 8h | 0.3349 | −0.206% | $771K | $339K | — | as long as short |
| gTrade (Gains Network) STX/USD | L −0.0002% / S +0.0003% | 1h | 0.3358 | +0.056% | — | — | 150x | as long as short |
| Injective STX/USDC PERP | +0.0033% | 1h | 0.3266 | −2.679% | $4K | $68K | 12x | as long as short |
| BloFin STX-USDT | +0.0087% | 8h | 0.3353 | −0.086% | $426K | $250K | 20x | as long as short |
| Hyperliquid STXlong | +0.0100% | 1h | 0.3356 | long leg | $1.4M | $1.1M | 5x | |
| Aster STXUSDT | +0.0100% | 8h | 0.3355 | −0.021% | $127K | $66K | 10x | as long as short |
| Binance STXUSDT | +0.0100% | 8h | 0.3354 | −0.047% | $7.8M | $20.1M | 75x | as long as short |
| Bybit STXUSDT | +0.0100% | 8h | 0.3347 | −0.265% | $8.5M | $7.5M | 75x | as long as short |
| OKX STX-USDT-SWAP | +0.0100% | 8h | 0.3349 | −0.206% | $2.4M | $7.0M | 20x | as long as short |
Kraken Futures PF_STXUSD
Variational Omni STX
gTrade (Gains Network) STX/USD
Injective STX/USDC PERP
BloFin STX-USDT
Aster STXUSDT
Binance STXUSDT
Bybit STXUSDT
OKX STX-USDT-SWAPShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate STX_USDT | +0.0100% | 8h | 0.3348 | −0.235% | $593K | $431K | 50x | as long as short |
| MEXC STX_USDT | +0.0100% | 8h | 0.3354 | −0.057% | $6.2M | $1.7M | 50x | as long as short |
| KuCoin STXUSDTMshort | +0.0100% | 8h | 0.3356 | +0.003% | $2.5M | $1.8M | 50x | |
| Bitget STXUSDT | +0.0100% | 8h | 0.3351 | −0.146% | $4.8M | $2.0M | 50x | as long as short |
| BingX STX-USDT | +0.0100% | 8h | 0.3351 | −0.146% | — | $15.8M | — | as long as short |
| ApeX Omni STXUSDT | +0.0100% | 1h | 0.3357 | +0.033% | $56K | $672K | 50x | as long as short |
| Extended STX-USD | +0.0104% | 1h | 0.3357 | +0.026% | $177K | $585K | 10x | as long as short |
| GMX STX/USD [WBTC.b-USDC] | L +0.0190% / S −0.0446% | 1h | 0.3361 | +0.154% | $4K | — | 100x | as long as short |
Gate STX_USDT
MEXC STX_USDT
Bitget STXUSDT
BingX STX-USDT
ApeX Omni STXUSDT
Extended STX-USD
GMX STX/USD [WBTC.b-USDC]