Funding you earn now, next payment 23:00 UTC+0.0093%/8h= +10.2% APRpaid last 24h +0.133%
Price spread now: Kraken Futures against BingX+0.021%7-day average +0.097% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$440.440% of the position
Funding, last 7 days+0.194%+$19 on $10k
+Price spread, last 3 days (all we have)+0.003%$0 · spread now +0.021%, 7d avg +0.097%
=Funding pays, the price is against you. Kraken Futures is 0.076% cheaper against BingX than usual: you would sell low and buy high (spread +0.021% now, against its 7-day average of +0.097%). If the spread goes back, that is −$8 on $10k: about 2.7 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX HBAR-USDT | 0.09282 | 0.0100 | pay 0.0100% / 8h | 1h 33m | — | $5.9M | — |
| Short | Kraken Futures PF_HBARUSD | 0.09284 | 0.0193 | get 0.0024% / 1h | 33m 58s | $1.4M | $2.2M | 50x |
BingX HBAR-USDT
Kraken Futures PF_HBARUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BingX. 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
- $19.57
- Price spread: +0.021% → +0.097%
- −$7.61
- Slippage, 4 orders
- −$24.04
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$32.08
- Costs to cover
- 0.440%
- Break-even
- 18.5 days
Slippage from BingX: live order book, 1 min ago; Kraken Futures: live order book, 5 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 BingX live order book, 1 min ago | 1.62 bp | 8.3 bp −$8 | 15.1 bp −$151 | 51.9 bp −$5,192 | 288.7 bp −$144.4K |
| Sell Kraken Futures live order book, 5 min ago | 4.83 bp | 11.8 bp −$12 | 20.6 bp −$206 | doesn't fit | doesn't fit |
HBAR on 28 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective HBAR/USDC PERP | −0.0153% | 1h | 0.09267 | −0.162% | $1K | $112K | 12x | as long as short |
| Gate HBAR_USDT | −0.0023% | 8h | 0.09273 | −0.097% | $2.4M | $3.6M | 75x | as long as short |
| KuCoin HBARUSDTM | −0.0013% | 8h | 0.09277 | −0.054% | $7.4M | $7.8M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09282 | +0.005% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09280 | −0.022% | $511K | $151K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09273 | −0.100% | $8K | — | 150x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09273 | −0.097% | $222K | $2.2M | 50x | as long as short |
| Variational Omni HBAR | +0.0064% | 8h | 0.09290 | +0.091% | $1.0M | $197K | — | as long as short |
| Orderly PERP_HBAR_USDC | +0.0077% | 8h | 0.09270 | −0.129% | $2K | $17K | 10x | as long as short |
| MEXC HBAR_USDT | +0.0091% | 8h | 0.09285 | +0.032% | $26.1M | $22.6M | 200x | as long as short |
Injective HBAR/USDC PERP
Gate HBAR_USDT
KuCoin HBARUSDTM
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Coinbase International HBAR-PERP-INTX
Variational Omni HBAR
Orderly PERP_HBAR_USDC
MEXC HBAR_USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance HBARUSDT | +0.0092% | 8h | 0.09283 | +0.011% | $34.8M | $110.6M | 75x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09274 | −0.086% | $569K | $591K | 5x | as long as short |
| Extended HBAR-USD | +0.0096% | 1h | 0.09279 | −0.031% | $51K | $218K | 10x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09290 | +0.081% | $8.9M | $2.9M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09273 | −0.093% | $212K | $429K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09277 | −0.054% | $33.0M | $37.1M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09281 | −0.011% | $6.8M | $25.1M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09281 | −0.011% | $17.1M | $14.8M | 75x | as long as short |
| BingX HBAR-USDTlong | +0.0100% | 8h | 0.09282 | long leg | — | $5.9M | — | |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09278 | −0.043% | $34K | $104K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09290 | +0.085% | $376K | $2.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09313 | +0.334% | $149K | $707K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09277 | −0.054% | $431 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09298 | +0.172% | $73K | $53K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09278 | −0.043% | $2.2M | $2.2M | 50x | as long as short |
| Kraken Futures PF_HBARUSDshort | +0.0193% | 1h | 0.09284 | +0.021% | $1.4M | $2.2M | 50x | |
| BloFin HBAR-USDT | +0.0211% | 8h | 0.09285 | +0.032% | $1.5M | $5.6M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0448% / S −0.0478% | 1h | 0.09272 | −0.112% | $104K | — | 100x | as long as short |
Binance HBARUSDT
Lighter HBAR
Extended HBAR-USD
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
Backpack HBAR_USDC_PERP
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]