Funding you earn now, next payment 06:00 UTC+0.0765%/8h= +83.7% APRnext payment +$0.96 per $10,000 · paid last 24h +0.962%
Price spread now: Kraken Futures against Hyperliquid+0.024%50s7-day average +0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1211.214% of the position
Funding, last 7 days+0.759%+$76 on $10k
+Price spread, last 4 days (all we have)+0.384%+$38 · spread now +0.024%, 7d avg +0.090%
=Together, before fees+1.143%+ Points / potential airdropHyperliquid: Season 2 · farm board+$114 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.066% cheaper against Hyperliquid than usual: you would sell low and buy high (spread +0.024% now, against its 7-day average of +0.090%). If the spread goes back, that is −$7 on $10k: about 7 hours of funding at the current rate (+$23 a day). At the pace of the last 7 days (+0.759% in total) that is about 15 hours. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ACE | 0.1770 | 0.0100 | pay 0.0013% / 1h | 40m 21s | $372K | $426K | 3x |
| Short | Kraken Futures PF_ACEUSD | 0.1770 | 0.0865 | get 0.0108% / 1h | 40m 21s | $44K | $670K | 10x |
Hyperliquid ACE
Kraken Futures PF_ACEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $160.61
- Price spread: +0.024% → +0.090%
- −$6.58
- Slippage, 4 orders
- −$102.45
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $32.58
- Costs to cover
- 1.214%
- Break-even
- 5.6 days
Slippage from Hyperliquid: live order book, 30 min ago; Kraken Futures: live order book, 8 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, 30 min ago | 5.66 bp | 13.8 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 8 min ago | 9.29 bp | 22.4 bp −$22 | 165.9 bp −$1,659 | doesn't fit | doesn't fit |
ACE on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ACE-USDT | +0.0084% | 4h | 0.1770 | +0.017% | $478K | $62K | 20x | as long as short |
| Hyperliquid ACElong | +0.0100% | 1h | 0.1770 | long leg | $372K | $426K | 3x | |
| Aster ACEUSDT | +0.0100% | 4h | 0.1771 | +0.050% | $20K | $42K | 5x | as long as short |
| Binance ACEUSDT | +0.0100% | 4h | 0.1770 | −0.006% | $8.9M | $19.0M | 20x | as long as short |
| MEXC ACE_USDT | +0.0100% | 4h | 0.1769 | −0.040% | $14.3M | $781K | 20x | as long as short |
| KuCoin ACEUSDTM | +0.0100% | 4h | 0.1771 | +0.051% | $2.0M | $541K | 20x | as long as short |
| Bitget ACEUSDT | +0.0100% | 4h | 0.1769 | −0.056% | $1.6M | $2.2M | 10x | as long as short |
| HTX ACE-USDT | +0.0100% | 4h | 0.1761 | −0.537% | $16K | $74K | 20x | as long as short |
| Variational Omni ACE | +0.0294% | 4h | 0.1775 | +0.256% | $119K | $44K | — | as long as short |
| Gate ACE_USDT | +0.0494% | 4h | 0.1771 | +0.056% | $1.2M | $1.8M | 25x | as long as short |
BloFin ACE-USDT
Aster ACEUSDT
Binance ACEUSDT
MEXC ACE_USDT
KuCoin ACEUSDTM
Bitget ACEUSDT
HTX ACE-USDT
Variational Omni ACE
Gate ACE_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ACEUSDT | +0.0523% | 4h | 0.1770 | +0.006% | $2.6M | $2.9M | 25x | as long as short |
| BingX ACE-USDT | +0.0546% | 4h | 0.1770 | +0.006% | — | $1.4M | — | as long as short |
| Kraken Futures PF_ACEUSDshort | +0.0865% | 1h | 0.1770 | +0.024% | $44K | $670K | 10x |
Bybit ACEUSDT
BingX ACE-USDT