Funding you earn now, next payment 23:00 UTC+0.0148%/8h= +16.2% APRpaid last 24h +0.038%
Price spread now: Hyperliquid against KuCoin+0.197%7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$810.807% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 7 days−0.223%−$22 · spread now +0.197%, 7d avg +0.049%
=Together, before fees−0.233%+ Points / potential airdropHyperliquid: Season 2 · farm board−$23 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Hyperliquid is 0.148% dearer against KuCoin than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.049%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin TIAUSDTM | 0.4306 | −0.0048 | get 0.0024% / 4h | 1h 58m | $4.1M | $8.5M | 50x |
| Short | Hyperliquid TIA | 0.4315 | 0.0100 | get 0.0013% / 1h | 58m 56s | $4.2M | $1.5M | 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
- $31.08
- Price spread: +0.197% → +0.049%
- $14.82
- Slippage, 4 orders
- −$59.71
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$34.81
- Costs to cover
- 0.807%
- Break-even
- 14.8 days
Slippage from KuCoin: live order book, 9 min ago; Hyperliquid: 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 KuCoin live order book, 9 min ago | 3.48 bp | 29.9 bp −$30 | 93.8 bp −$938 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 3 min ago | 0.58 bp | 13.6 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
TIA on 27 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_TIAUSD | −0.0230% | 1h | 0.4306 | −0.002% | $354K | $239K | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | −0.0214% | 1h | 0.4310 | +0.093% | $30K | $27K | 25x | as long as short |
| Gate TIA_USDT | −0.0054% | 4h | 0.4306 | 0.000% | $993K | $1.8M | 75x | as long as short |
| KuCoin TIAUSDTMlong | −0.0048% | 4h | 0.4306 | long leg | $4.1M | $8.5M | 50x | |
| Bybit TIAUSDT | −0.0017% | 4h | 0.4304 | −0.046% | $9.3M | $13.0M | 50x | as long as short |
| OKX TIA-USDT-SWAP | −0.0011% | 4h | 0.4303 | −0.070% | $2.7M | $5.8M | 50x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4310 | +0.098% | $1K | — | 150x | as long as short |
| ApeX Omni TIAUSDT | +0.0081% | 1h | 0.4305 | −0.023% | $48K | $236K | 50x | as long as short |
| Variational Omni TIA | +0.0088% | 4h | 0.4302 | −0.085% | $101K | $85K | — | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4313 | +0.156% | $127K | $350K | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_TIA_USDC | +0.0098% | 4h | 0.4306 | 0.000% | $5K | $360K | 10x | as long as short |
| Hyperliquid TIAshort | +0.0100% | 1h | 0.4315 | +0.197% | $4.2M | $1.5M | 5x | |
| Aster TIAUSDT | +0.0100% | 4h | 0.4311 | +0.108% | $34K | $272K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4307 | +0.017% | $14.0M | $40.9M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4306 | 0.000% | $9.1M | $5.4M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4305 | −0.023% | $4.4M | $3.5M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4307 | +0.023% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4309 | +0.065% | $100K | $150K | 10x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4305 | −0.023% | $64K | $41K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4304 | −0.056% | $58K | $165K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4308 | +0.058% | $7K | — | 3x | as long as short |
| Injective TIA/USDC PERP | +0.0106% | 1h | 0.4318 | +0.279% | $26K | $10K | 12x | as long as short |
| Reya TIARUSDPERP | +0.0179% | 1h | 0.4306 | −0.003% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0216% | 1h | 0.4345 | +0.906% | $48K | $72K | 50x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4303 | −0.070% | $1.0M | $539K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0456% / S −0.3505% | 1h | 0.4311 | +0.108% | $35K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0783% | 1h | 0.4309 | +0.065% | $51K | $59 | 10x | as long as short |
KuCoin TIAUSDTM
Hyperliquid TIA
Kraken Futures PF_TIAUSD
Deribit TIA_USDC-PERPETUAL
Gate TIA_USDT
Bybit TIAUSDT
OKX TIA-USDT-SWAP
gTrade (Gains Network) TIA/USD
ApeX Omni TIAUSDT
Variational Omni TIA
Lighter TIA
Aster TIAUSDT
Binance TIAUSDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDC
Backpack TIA_USDC_PERP
HTX TIA-USDT
Extended TIA-USD
Injective TIA/USDC PERP
Coinbase International TIA-PERP-INTX
BloFin TIA-USDT
GMX TIA/USD [ETH-USDC]