After costs, if the gap returns to its 7d average, $10k−$822
spread now−0.074%7d average−0.014%fees + slippage, in and out−$816spread needed8.159%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin USUALUSDTM | 0.01351 | 0.0100 | pay 0.0050% / 4h | 1h 33m | $285K | $67K | 20x |
| Short | Hyperliquid USUAL | 0.01350 | 0.0100 | get 0.0013% / 1h | 33m 36s | $393K | $234K | 3x |
KuCoin USUALUSDTM
Hyperliquid USUALPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$7.4
- Funding while held
- $0
- Slippage, 4 orders
- −$794.85
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$823.26
- Spread needed to break even
- 8.159%
Slippage from KuCoin: live order book, 65 min ago; Hyperliquid: live order book, 27 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- Average in range /8h
- —
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, 65 min ago | 33.15 bp | 194.6 bp −$195 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 27 min ago | 3.72 bp | 21.4 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
USUAL price on every exchange
against the cheapest. Click to use as the short leg.
Injective
Kraken Futures
MEXC
Binance
BingX
Bitget
Bybit
Gate
Variational OmniUSUAL on 11 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective USUAL/USDC PERP | −1.406% | −0.4967% | 1h | $6K | $39K | 5.5x | as long as short |
| Kraken Futures PF_USUALUSD | −0.220% | −0.1171% | 1h | $110K | $26K | 10x | as long as short |
| MEXC USUAL_USDT | −0.215% | +0.0100% | 4h | $5.9M | $298K | 100x | as long as short |
| Binance USUALUSDT | −0.192% | +0.0100% | 4h | $2.1M | $3.6M | 50x | as long as short |
| BingX USUAL-USDT | −0.148% | +0.0100% | 4h | — | $1.2M | — | as long as short |
| Hyperliquid USUALshort | −0.074% | +0.0100% | 1h | $393K | $234K | 3x | |
| Bitget USUALUSDT | −0.074% | +0.0100% | 4h | $820K | $540K | 50x | as long as short |
| Bybit USUALUSDT | −0.044% | +0.0100% | 4h | $992K | $975K | 25x | as long as short |
| Gate USUAL_USDT | 0.000% | +0.0100% | 8h | $905K | $261K | 50x | as long as short |
| KuCoin USUALUSDTMlong | 0.000% | +0.0100% | 4h | $285K | $67K | 20x |
Show all 11 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni USUAL | +0.181% | +0.0100% | 4h | $9K | $21 | — | as long as short |