Funding you earn now, next payment 06:00 UTC+3.9802%/8h= +4358.4% APRnext payment +$49.75 per $10,000 · paid last 24h −1.688%
Price spread now: Kraken Futures against Hyperliquid+0.551%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1,194 a day on $10k at the current rate, and Kraken Futures is 0.551% dearer against Hyperliquid than usual: you sell high and buy low: +$55 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid BIGTIME | 0.008219 | 0.0100 | pay 0.0013% / 1h | 42m 15s | $126K | $94K | 3x |
| Short | Kraken Futures PF_BIGTIMEUSD | 0.008264 | 3.9902 | get 0.4988% / 1h | 42m 15s | $8K | $7K | 10x |
Funding 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
- $8,358.51
- Price spread: +0.551% → 0.000%
- $55.07
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $8,394.58
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: Hyperliquid: live order book, 27 min ago; Kraken Futures: no order-book sample. Net counts fees only.
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, 27 min ago | 1.82 bp | 21.9 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
BIGTIME on 12 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 BIGTIME-USDT | +0.0044% | 4h | 0.008257 | +0.462% | $70K | $10K | 50x | as long as short |
| Hyperliquid BIGTIMElong | +0.0100% | 1h | 0.008219 | long leg | $126K | $94K | 3x | |
| Binance BIGTIMEUSDT | +0.0100% | 4h | 0.008219 | 0.000% | $1.8M | $2.2M | 50x | as long as short |
| Bybit BIGTIMEUSDT | +0.0100% | 4h | 0.008220 | +0.012% | $700K | $653K | 25x | as long as short |
| OKX BIGTIME-USDT-SWAP | +0.0100% | 4h | 0.008221 | +0.024% | $432K | $349K | 10x | as long as short |
| Gate BIGTIME_USDT | +0.0100% | 4h | 0.008230 | +0.134% | $60K | $32K | 50x | as long as short |
| MEXC BIGTIME_USDT | +0.0100% | 4h | 0.008218 | −0.012% | $459K | $181K | 125x | as long as short |
| KuCoin BIGTIMEUSDTM | +0.0100% | 4h | 0.008228 | +0.110% | $235K | $30K | 20x | as long as short |
| Bitget BIGTIMEUSDT | +0.0100% | 4h | 0.008230 | +0.134% | $550K | $228K | 50x | as long as short |
| BingX BIGTIME-USDT | +0.0100% | 4h | 0.008217 | −0.024% | — | $2.3M | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BIGTIME | +0.0100% | 4h | 0.008253 | +0.408% | $10K | $555 | — | as long as short |
| Kraken Futures PF_BIGTIMEUSDshort | +3.9902% | 1h | 0.008264 | +0.551% | $8K | $7K | 10x |
Hyperliquid BIGTIME
Kraken Futures PF_BIGTIMEUSD
BloFin BIGTIME-USDT
Binance BIGTIMEUSDT
Bybit BIGTIMEUSDT
OKX BIGTIME-USDT-SWAP
Gate BIGTIME_USDT
MEXC BIGTIME_USDT
KuCoin BIGTIMEUSDTM
Bitget BIGTIMEUSDT
BingX BIGTIME-USDT
Variational Omni BIGTIME