Funding you earn now, next payment 22:00 UTC+0.1233%/8h= +135.0% APRnext payment +$1.54 per $10,000 · paid last 24h +0.286%
Price spread now: Hyperliquid against Kraken Futures+0.008%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$37 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_GMTUSD | 0.008303 | −0.1133 | get 0.0142% / 1h | 39m 06s | $47K | $8K | 20x |
| Short | Hyperliquid GMT | 0.008304 | 0.0100 | get 0.0013% / 1h | 39m 06s | $122K | $123K | 3x |
Kraken Futures PF_GMTUSD
Hyperliquid GMTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Kraken Futures. 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
- $258.99
- Price spread: +0.008% → 0.000%
- $0.84
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $240.83
- Costs to cover
- 0.190%
- Break-even
- 0.5 days
Slippage unknown: Kraken Futures: no order-book sample; Hyperliquid: live order book, 44 min ago. 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 44 min ago | 1.20 bp | 38.9 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
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.
GMT 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GMTUSDlong | −0.1133% | 1h | 0.008303 | long leg | $47K | $8K | 20x | |
| KuCoin GMTUSDTM | +0.0080% | 4h | 0.008290 | −0.160% | $256K | $99K | 50x | as long as short |
| Hyperliquid GMTshort | +0.0100% | 1h | 0.008304 | +0.008% | $122K | $123K | 3x | |
| Aster GMTUSDT | +0.0100% | 4h | 0.008308 | +0.057% | $8K | $14K | 10x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008302 | −0.019% | $2.6M | $3.0M | 50x | as long as short |
| Bybit GMTUSDT | +0.0100% | 8h | 0.008308 | +0.057% | $1.1M | $1.1M | 50x | as long as short |
| OKX GMT-USDT-SWAP | +0.0100% | 4h | 0.008303 | −0.004% | $342K | $552K | 20x | as long as short |
| Gate GMT_USDT | +0.0100% | 8h | 0.008310 | +0.081% | $149K | $102K | 50x | as long as short |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008302 | −0.016% | $410K | $181K | 20x | as long as short |
| Bitget GMTUSDT | +0.0100% | 4h | 0.008301 | −0.028% | $668K | $405K | 50x | as long as short |
KuCoin GMTUSDTM
Aster GMTUSDT
Binance GMTUSDT
Bybit GMTUSDT
OKX GMT-USDT-SWAP
Gate GMT_USDT
MEXC GMT_USDT
Bitget GMTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GMT-USDT | +0.0100% | 4h | 0.008303 | −0.004% | — | $1.2M | — | as long as short |
| Variational Omni GMT | +0.0100% | 8h | 0.008304 | +0.009% | $3K | $5K | — | as long as short |
BingX GMT-USDT
Variational Omni GMT