Funding you earn now, next payment 05:00 UTC+0.0263%/8h= +28.8% APRpaid last 24h +0.092%
Price spread now: Kraken Futures against GRVT−0.292%75s7-day average +0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as 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−$600.600% of the position
Funding, last 7 days+0.243%+$24 on $10k
+Price spread, last 4 days (all we have)+0.307%+$31 · spread now −0.292%, 7d avg +0.060%
=Together, before fees+0.551%+ Points / potential airdropGRVT: Active · farm board+$55 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.352% cheaper against GRVT than usual: you would sell low and buy high (spread −0.292% now, against its 7-day average of +0.060%). If the spread goes back, that is −$35 on $10k: about 4.5 days of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.243% in total) that is about 10 days. The two prices were read 75 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 | GRVT HBAR_USDT_Perp | 0.09276 | 0.0100 | pay 0.0100% / 8h | 3h 01m | $380K | $2.8M | 10x |
| Short | Kraken Futures PF_HBARUSD | 0.09249 | 0.0363 | get 0.0045% / 1h | 1m 45s | $1.3M | $3.0M | 50x |
GRVT HBAR_USDT_Perp
Kraken Futures PF_HBARUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against GRVT. 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
- $55.29
- Price spread: −0.292% → +0.060%
- −$35.24
- Slippage, 4 orders
- −$40.97
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$39.92
- Costs to cover
- 0.600%
- Break-even
- 12.1 days
Slippage from GRVT: live order book, 2 min ago; Kraken Futures: live order book, 2 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 GRVT live order book, 2 min ago | 1.62 bp | 10.3 bp −$10 | 21.9 bp −$219 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 7.02 bp | 19.2 bp −$19 | 24.7 bp −$247 | 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 | 0.09246 | −0.322% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0011% | 1h | 0.09248 | −0.302% | $9K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | +0.065% | $1K | $105K | 12x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0074% | 1h | 0.09252 | −0.259% | $510K | $192K | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0080% | 8h | 0.09245 | −0.334% | $2K | $14K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0080% | 1h | 0.09249 | −0.291% | $220K | $2.4M | 50x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09249 | −0.291% | $558K | $619K | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09252 | −0.257% | $199K | $335K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09244 | −0.345% | $34.1M | $111.5M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09246 | −0.323% | $32.4M | $35.6M | 75x | as long as short |
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Deribit HBAR_USDC-PERPETUAL
Orderly PERP_HBAR_USDC
Coinbase International HBAR-PERP-INTX
Lighter HBAR
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09248 | −0.302% | $6.5M | $25.6M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09244 | −0.345% | $2.4M | $2.8M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09248 | −0.302% | $25.5M | $19.9M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09252 | −0.259% | $7.4M | $7.5M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09249 | −0.291% | $16.9M | $15.8M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09245 | −0.334% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09246 | −0.323% | $33K | $202K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09293 | +0.182% | $1.0M | $188K | — | as long as short |
| GRVT HBAR_USDT_Perplong | +0.0100% | 8h | 0.09276 | long leg | $380K | $2.8M | 10x | |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09272 | −0.043% | $150K | $711K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09243 | −0.356% | $429 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09263 | −0.140% | $70K | $68K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09249 | −0.291% | $2.1M | $2.2M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09239 | −0.394% | $47K | $231K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09256 | −0.216% | $1.5M | $5.5M | 90x | as long as short |
| Kraken Futures PF_HBARUSDshort | +0.0363% | 1h | 0.09249 | −0.292% | $1.3M | $3.0M | 50x | |
| Hyperliquid HBAR | +0.0522% | 1h | 0.09261 | −0.160% | $8.7M | $3.7M | 5x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0617% / S −0.0663% | 1h | 0.09249 | −0.295% | $157K | — | 100x | as long as short |
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
MEXC HBAR_USDT
KuCoin HBARUSDTM
Bitget HBARUSDT
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
Variational Omni HBAR
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
BloFin HBAR-USDT
Hyperliquid HBAR
GMX HBAR/USD [WBTC.b-USDC]