Funding you earn now, next payment 06:00 UTC−0.0175%/8h= −19.2% APRnext payment −$0.22 per $10,000 · paid last 24h −0.086%
Price spread now: ApeX Omni against Kraken Futures+0.274%75s7-day average −0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as 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−$570.573% of the position
Funding, last 7 days−0.210%−$21 on $10k
+Price spread, last 4 days (all we have)−0.298%−$30 · spread now +0.274%, 7d avg −0.048%
=The price spread pays, funding is against you. ApeX Omni is 0.322% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.274% now, against its 7-day average of −0.048%): +$32 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 6.1 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 | Kraken Futures PF_HBARUSD | 0.09182 | 0.0247 | pay 0.0031% / 1h | 33m 58s | $1.3M | $3.0M | 50x |
| Short | ApeX Omni HBARUSDT | 0.09207 | 0.0072 | get 0.0009% / 1h | 33m 58s | $150K | $709K | 50x |
Kraken Futures PF_HBARUSD
ApeX Omni HBARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni 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
- −$36.84
- Price spread: +0.274% → −0.048%
- $32.18
- Slippage, 4 orders
- −$37.31
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$61.98
- Costs to cover
- 0.573%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 5 min ago; ApeX Omni: live order book, 15 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 Kraken Futures live order book, 5 min ago | 7.05 bp | 13.3 bp −$13 | 21.8 bp −$218 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 15 min ago | 7.05 bp | 14.5 bp −$15 | 103.9 bp −$1,039 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack HBAR_USDC_PERP | −0.0195% | 1h | 0.09178 | −0.042% | $32K | $203K | 15x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09199 | +0.185% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09185 | +0.035% | $506K | $192K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0011% | 1h | 0.09183 | +0.012% | $9K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | +1.091% | $1K | $103K | 12x | as long as short |
| ApeX Omni HBARUSDTshort | +0.0072% | 1h | 0.09207 | +0.274% | $150K | $709K | 50x | |
| Orderly PERP_HBAR_USDC | +0.0078% | 8h | 0.09175 | −0.074% | $2K | $14K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0088% | 1h | 0.09230 | +0.525% | $220K | $2.3M | 50x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09181 | −0.009% | $554K | $611K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09186 | +0.044% | $8.6M | $3.6M | 5x | as long as short |
Backpack HBAR_USDC_PERP
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Orderly PERP_HBAR_USDC
Coinbase International HBAR-PERP-INTX
Lighter HBAR
Hyperliquid HBARShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HBARUSDT | +0.0100% | 8h | 0.09180 | −0.025% | $197K | $335K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09170 | −0.128% | $33.7M | $111.2M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09173 | −0.096% | $32.0M | $35.4M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09171 | −0.118% | $6.5M | $25.2M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09174 | −0.085% | $2.4M | $2.7M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09176 | −0.063% | $25.0M | $19.5M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09177 | −0.053% | $7.3M | $7.5M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09171 | −0.118% | $16.9M | $15.9M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09176 | −0.063% | — | $6.7M | — | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09199 | +0.188% | $1.0M | $188K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09202 | +0.219% | $372K | $2.9M | 10x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09178 | −0.042% | $426 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09220 | +0.416% | $70K | $69K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09180 | −0.020% | $2.1M | $2.2M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09165 | −0.183% | $47K | $230K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09215 | +0.361% | $1.5M | $5.6M | 90x | as long as short |
| Kraken Futures PF_HBARUSDlong | +0.0247% | 1h | 0.09182 | long leg | $1.3M | $3.0M | 50x | |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0615% / S −0.0663% | 1h | 0.09182 | +0.004% | $156K | — | 100x | as long as short |
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
MEXC HBAR_USDT
KuCoin HBARUSDTM
Bitget HBARUSDT
BingX HBAR-USDT
Variational Omni HBAR
GRVT HBAR_USDT_Perp
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]