All XRP pairs

XRP funding carry: Hyperliquid vs KuCoin

Entering and exiting this pair costs 21 bps of notional at taker fees (7 bps at maker). Funding has to pay that back before the trade is worth anything — here is how long that takes.

Right now

Gross funding APR
13.69%
Net APY on $10k
0.22%
Break-even
165.25h
Net positive for
0m
  • Net positive for only 0 min — needs ~165.25h to break even on entry/exit costs.
  • Thin net (below threshold at the reference profile)
Short
hyperliquid perp
XRP/USDC
Trade on hyperliquid
Long
kucoin perp
XRP/USDT
Trade on kucoin

Last 30 days

Above its costs
7.8% of the time
Net APY when above costs
21.03%
Net APY when below costs
-2.80%
Best single hour
105.04%

Measured on 420 hours of ranking we recorded ourselves.

Round-trip cost

Venue Taker Maker Perp instrument
Hyperliquid 4.5 1.5 XRP
KuCoin 6 2 XRPUSDTM

Other XRP pairs

How long funding takes to repay the entry

At a given gross funding APR, this is how many hours you must hold before the position has paid back entry and exit. Below that, a positive APR is still a loss.

Gross funding APR Taker in / out Maker in / out
5% 368h (15d) 123h (5d)
10% 184h (7d) 61h (2d)
20% 92h (3d) 31h
50% 37h 12h