Funding you earn now, next payment 09:00 UTC+0.0251%/8h= +27.4% APRnext payment +$0.31 per $10,000 · paid last 24h +0.217%
Price spread now: Kraken Futures against Injective+2.940%63s7-day average +0.183% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+1.020%+$102 on $10k
+Price spread, last 4 days (all we have)−2.471%−$247 · spread now +2.940%, 7d avg +0.183%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Kraken Futures is 2.757% dearer against Injective than usual: you sell high and buy low: +$276 more if the spread goes back to its 7-day average of +0.183%. The two prices were read 63 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 | Injective HBAR/USDC PERP | 0.09282 | 0.0033 | pay 0.0004% / 1h | 49m 33s | $1K | $96K | 12x |
| Short | Kraken Futures PF_HBARUSD | 0.09555 | 0.0284 | get 0.0035% / 1h | 49m 33s | $1.4M | $3.0M | 50x |
Injective HBAR/USDC PERP
Kraken Futures PF_HBARUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Injective. 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
- $52.61
- Price spread: +2.940% → +0.183%
- $275.68
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $318.27
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Kraken Futures: live order book, 4 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 Injective no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 4 min ago | 3.66 bp | 11.5 bp −$11 | 21.2 bp −$212 | doesn't fit | doesn't fit |
Injective: 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.
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09549 | +2.877% | $526K | $177K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0008% | 1h | 0.09573 | +3.134% | $11K | — | 150x | as long as short |
| dYdX HBAR-USD | +0.0008% | 1h | 0.09540 | +2.778% | $31K | $11K | 5x | as long as short |
| Injective HBAR/USDC PERPlong | +0.0033% | 1h | 0.09282 | long leg | $1K | $96K | 12x | |
| Orderly PERP_HBAR_USDC | +0.0084% | 8h | 0.09548 | +2.866% | $2K | $12K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0088% | 1h | 0.09564 | +3.038% | $227K | $2.6M | 50x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09544 | +2.823% | $573K | $600K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09545 | +2.835% | $8.9M | $3.8M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09542 | +2.798% | $222K | $337K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09535 | +2.726% | $35.9M | $113.7M | 75x | as long as short |
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
dYdX HBAR-USD
Orderly PERP_HBAR_USDC
Coinbase International HBAR-PERP-INTX
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Binance HBARUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit HBARUSDT | +0.0100% | 8h | 0.09535 | +2.726% | $33.2M | $37.1M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09539 | +2.769% | $6.8M | $26.5M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09543 | +2.812% | $2.5M | $2.7M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09536 | +2.736% | $26.5M | $20.2M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09538 | +2.758% | $7.6M | $7.5M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09535 | +2.726% | $17.5M | $17.2M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09548 | +2.866% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09545 | +2.833% | $39K | $200K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09564 | +3.037% | $1.1M | $179K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09573 | +3.135% | $386K | $3.3M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09564 | +3.038% | $155K | $698K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09542 | +2.801% | $443 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09567 | +3.070% | $73K | $74K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09543 | +2.812% | $2.3M | $2.6M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09542 | +2.799% | $50K | $308K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09579 | +3.200% | $1.5M | $5.9M | 90x | as long as short |
| Kraken Futures PF_HBARUSDshort | +0.0284% | 1h | 0.09555 | +2.940% | $1.4M | $3.0M | 50x | |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0367% / S −0.0288% | 1h | 0.09550 | +2.885% | $84K | — | 100x | as long as short |
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
MEXC HBAR_USDT
KuCoin HBARUSDTM
Bitget HBARUSDT
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
Variational Omni HBAR
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]