Funding you earn now, next payment 04:00 UTC−0.0298%/8h= −32.6% APRpaid last 24h −0.098%
Price spread now: Aster against Kraken Futures+0.118%7-day average −0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$700.699% of the position
Funding, last 5 days (all we have)−0.129%−$13 on $10k
+Price spread, last 4 days (all we have)−0.117%−$12 · spread now +0.118%, 7d avg −0.056%
=Together, before fees−0.246%+ Points / potential airdropAster: Stage 5 · farm board−$25 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.173% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.118% now, against its 7-day average of −0.056%): +$17 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 47 hours. At the pace of the last 5 days (−0.129% in total) that is about 7.4 days.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.129% in total (about -8.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_HBARUSD | 0.09119 | 0.0398 | pay 0.0050% / 1h | 49m 10s | $1.4M | $2.6M | 50x |
| Short | Aster HBARUSDT | 0.09129 | 0.0100 | get 0.0100% / 8h | 4h 49m | $209K | $318K | 50x |
Kraken Futures PF_HBARUSD
Aster HBARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- −$62.49
- Price spread: +0.118% → −0.056%
- $17.35
- Slippage, 4 orders
- −$51.88
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$115.03
- Costs to cover
- 0.699%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 4 min ago; Aster: live order book, 8 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, 4 min ago | 5.43 bp | 13.5 bp −$14 | 21.7 bp −$217 | doesn't fit | doesn't fit |
| Sell Aster live order book, 8 min ago | 11.94 bp | 18.3 bp −$18 | 98.3 bp −$983 | 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 | 0.09129 | +0.113% | $29K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09115 | −0.040% | $502K | $168K | 50x | as long as short |
| KuCoin HBARUSDTM | +0.0001% | 8h | 0.09113 | −0.062% | $7.1M | $7.2M | 75x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09120 | +0.009% | $8K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | +1.791% | $1K | $105K | 12x | as long as short |
| Gate HBAR_USDT | +0.0042% | 8h | 0.09110 | −0.095% | $2.4M | $2.8M | 75x | as long as short |
| Backpack HBAR_USDC_PERP | +0.0061% | 1h | 0.09112 | −0.073% | $36K | $168K | 15x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09114 | −0.051% | $218K | $2.1M | 50x | as long as short |
| Variational Omni HBAR | +0.0079% | 8h | 0.09143 | +0.266% | $1.0M | $187K | — | as long as short |
| Orderly PERP_HBAR_USDC | +0.0080% | 8h | 0.09107 | −0.128% | $2K | $14K | 10x | as long as short |
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
KuCoin HBARUSDTM
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Gate HBAR_USDT
Backpack HBAR_USDC_PERP
Coinbase International HBAR-PERP-INTX
Variational Omni HBAR
Orderly PERP_HBAR_USDCShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter HBAR | +0.0096% | 1h | 0.09109 | −0.106% | $553K | $595K | 5x | as long as short |
| Aster HBARUSDTshort | +0.0100% | 8h | 0.09129 | +0.118% | $209K | $318K | 50x | |
| Binance HBARUSDT | +0.0100% | 8h | 0.09113 | −0.062% | $33.6M | $105.0M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09114 | −0.051% | $32.2M | $33.9M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09114 | −0.051% | $6.5M | $24.3M | 50x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09113 | −0.062% | $25.5M | $19.5M | 200x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09112 | −0.073% | $16.8M | $15.1M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09114 | −0.051% | — | $6.7M | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09208 | +0.983% | $369K | $2.4M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09144 | +0.278% | $146K | $715K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09113 | −0.062% | $423 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09139 | +0.223% | $70K | $66K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09116 | −0.029% | $2.1M | $2.1M | 50x | as long as short |
| Hyperliquid HBAR | +0.0103% | 1h | 0.09125 | +0.071% | $8.6M | $2.7M | 5x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09108 | −0.122% | $47K | $273K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09109 | −0.106% | $1.4M | $5.4M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0345% / S −0.0242% | 1h | 0.09116 | −0.032% | $79K | — | 100x | as long as short |
| Kraken Futures PF_HBARUSDlong | +0.0398% | 1h | 0.09119 | long leg | $1.4M | $2.6M | 50x |
Lighter HBAR
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
Hyperliquid HBAR
Extended HBAR-USD
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]