Funding you earn now, next payment 04:00 UTC+0.0293%/8h= +32.1% APRnext payment +$0.37 per $10,000 · paid last 24h +0.116%
Price spread now: Kraken Futures against Extended−0.201%7-day average +0.119% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$440.440% of the position
Funding, last 7 days+0.264%+$26 on $10k
+Price spread, last 4 days (all we have)+0.254%+$25 · spread now −0.201%, 7d avg +0.119%
=Together, before fees+0.519%+ Points / potential airdropExtended: Active · farm board+$52 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.319% cheaper against Extended than usual: you would sell low and buy high (spread −0.201% now, against its 7-day average of +0.119%). If the spread goes back, that is −$32 on $10k: about 3.6 days of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.264% in total) that is about 8.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended HBAR-USD | 0.09155 | 0.0104 | pay 0.0013% / 1h | 44m 20s | $52K | $278K | 10x |
| Short | Kraken Futures PF_HBARUSD | 0.09136 | 0.0397 | get 0.0050% / 1h | 44m 20s | $1.4M | $2.6M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Extended. 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
- $61.49
- Price spread: −0.201% → +0.119%
- −$31.92
- Slippage, 4 orders
- −$28.95
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$14.39
- Costs to cover
- 0.440%
- Break-even
- 8.6 days
Slippage from Extended: live order book, 13 min ago; Kraken Futures: live order book, 4 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 Extended live order book, 13 min ago | 1.25 bp | 9.1 bp −$9 | 66.9 bp −$669 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 4 min ago | 6.57 bp | 13.9 bp −$14 | 23.9 bp −$239 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX HBAR-USD | 0.0000% | 1h | 0.09140 | −0.165% | $30K | $4K | 5x | as long as short |
| KuCoin HBARUSDTM | +0.0005% | 8h | 0.09156 | +0.014% | $7.1M | $7.2M | 75x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09164 | +0.097% | $8K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | +1.390% | $1K | $105K | 12x | as long as short |
| Gate HBAR_USDT | +0.0043% | 8h | 0.09158 | +0.036% | $2.4M | $2.8M | 75x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09141 | −0.150% | $218K | $2.1M | 50x | as long as short |
| Backpack HBAR_USDC_PERP | +0.0073% | 1h | 0.09135 | −0.216% | $36K | $168K | 15x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0078% | 1h | 0.09138 | −0.183% | $503K | $169K | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0080% | 8h | 0.09161 | +0.068% | $2K | $14K | 10x | as long as short |
| Variational Omni HBAR | +0.0082% | 8h | 0.09132 | −0.250% | $1.0M | $187K | — | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter HBAR | +0.0096% | 1h | 0.09149 | −0.063% | $556K | $596K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09166 | +0.129% | $8.7M | $2.8M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09163 | +0.093% | $210K | $318K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09163 | +0.086% | $33.7M | $105.1M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09160 | +0.058% | $32.4M | $33.9M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09158 | +0.036% | $6.5M | $24.4M | 50x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09157 | +0.025% | $25.5M | $19.5M | 200x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09164 | +0.101% | $16.9M | $15.1M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09161 | +0.068% | — | $6.7M | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09113 | −0.459% | $365K | $2.4M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09139 | −0.172% | $146K | $715K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09131 | −0.259% | $424 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09148 | −0.074% | $70K | $66K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09136 | −0.205% | $2.1M | $2.1M | 50x | as long as short |
| Extended HBAR-USDlong | +0.0104% | 1h | 0.09155 | long leg | $52K | $278K | 10x | |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09129 | −0.281% | $1.4M | $5.4M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0345% / S −0.0242% | 1h | 0.09164 | +0.099% | $79K | — | 100x | as long as short |
| Kraken Futures PF_HBARUSDshort | +0.0397% | 1h | 0.09136 | −0.201% | $1.4M | $2.6M | 50x |
Extended HBAR-USD
Kraken Futures PF_HBARUSD
KuCoin HBARUSDTM
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Gate HBAR_USDT
Coinbase International HBAR-PERP-INTX
Backpack HBAR_USDC_PERP
Deribit HBAR_USDC-PERPETUAL
Variational Omni HBAR
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
MEXC HBAR_USDT
Bitget HBARUSDT
BingX HBAR-USDC
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]