Funding you earn now, next payment 06:00 UTC−0.0026%/8h= −2.9% APRpaid last 24h −0.074%
Price spread now: BloFin against Kraken Futures−0.062%7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$410.411% of the position
Funding, last 7 days−0.047%−$5 on $10k
+Price spread, last 4 days (all we have)+0.039%+$4 · spread now −0.062%, 7d avg −0.074%
=The price spread sits at its 7-day average of −0.074%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_HBARUSD | 0.09221 | 0.0246 | pay 0.0031% / 1h | 34m 41s | $1.3M | $3.0M | 50x |
| Short | BloFin HBAR-USDT | 0.09215 | 0.0220 | get 0.0220% / 8h | 2h 34m | $1.5M | $5.6M | 90x |
Kraken Futures PF_HBARUSD
BloFin HBAR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$5.54
- Price spread: −0.062% → −0.074%
- $1.24
- Slippage, 4 orders
- −$19.12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$45.42
- Costs to cover
- 0.411%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 4 min ago; BloFin: 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 Kraken Futures live order book, 4 min ago | 7.05 bp | 13.3 bp −$13 | 21.8 bp −$218 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 0.54 bp | 7.3 bp −$7 | 17.0 bp −$170 | 39.5 bp −$3,949 | 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 | −0.0166% | 1h | 0.09215 | −0.062% | $33K | $203K | 15x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09199 | −0.238% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09228 | +0.079% | $508K | $192K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0011% | 1h | 0.09228 | +0.078% | $9K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | +0.665% | $1K | $103K | 12x | as long as short |
| ApeX Omni HBARUSDT | +0.0072% | 1h | 0.09207 | −0.149% | $150K | $709K | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0079% | 8h | 0.09219 | −0.018% | $2K | $14K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0088% | 1h | 0.09230 | +0.101% | $220K | $2.3M | 50x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09188 | −0.355% | $554K | $611K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09201 | −0.219% | $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
ApeX Omni HBARUSDT
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 | 0.09196 | −0.272% | $197K | $335K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09182 | −0.420% | $33.7M | $111.1M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09189 | −0.344% | $32.1M | $35.4M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09186 | −0.376% | $6.5M | $25.2M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09203 | −0.192% | $2.4M | $2.7M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09187 | −0.365% | $25.1M | $19.5M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09200 | −0.224% | $7.3M | $7.5M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09193 | −0.300% | $17.0M | $15.8M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09195 | −0.279% | — | $6.7M | — | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09199 | −0.235% | $1.0M | $188K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09202 | −0.203% | $372K | $2.9M | 10x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09218 | −0.029% | $428 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09239 | +0.198% | $70K | $69K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09214 | −0.073% | $2.1M | $2.2M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09199 | −0.230% | $47K | $230K | 10x | as long as short |
| BloFin HBAR-USDTshort | +0.0220% | 8h | 0.09215 | −0.062% | $1.5M | $5.6M | 90x | |
| Kraken Futures PF_HBARUSDlong | +0.0246% | 1h | 0.09221 | long leg | $1.3M | $3.0M | 50x | |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0617% / S −0.0663% | 1h | 0.09230 | +0.100% | $157K | — | 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-USDC
Variational Omni HBAR
GRVT HBAR_USDT_Perp
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
GMX HBAR/USD [WBTC.b-USDC]