Funding you earn now, next payment 01:00 UTC+0.0043%/8h= +4.7% APRpaid last 24h −0.127%
Price spread now: Gate against Kraken Futures−0.098%7-day average −0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$570.574% of the position
Funding, last 7 days−0.222%−$22 on $10k
+Price spread, last 3 days (all we have)+0.056%+$6 · spread now −0.098%, 7d avg −0.080%
=The price spread sits at its 7-day average of −0.080%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.222%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_HBARUSD | 0.09359 | 0.0057 | pay 0.0007% / 1h | 12m 10s | $1.4M | $2.4M | 50x |
| Short | Gate HBAR_USDT | 0.09350 | 0.0100 | get 0.0100% / 8h | 7h 12m | $2.4M | $3.4M | 75x |
Kraken Futures PF_HBARUSD
Gate HBAR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $9.04
- Price spread: −0.098% → −0.080%
- −$1.81
- Slippage, 4 orders
- −$32.44
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$50.21
- Costs to cover
- 0.574%
- Break-even
- 45.9 days
Slippage from Kraken Futures: live order book, 1 min ago; Gate: live order book, 1 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, 1 min ago | 4.80 bp | 17.3 bp −$17 | 24.3 bp −$243 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 3.74 bp | 15.2 bp −$15 | 50.1 bp −$501 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HBARUSDTM | −0.0081% | 8h | 0.09351 | −0.087% | $7.4M | $7.5M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09365 | +0.067% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09362 | +0.030% | $515K | $168K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09360 | +0.008% | $8K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09267 | −0.985% | $1K | $106K | 12x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0056% | 1h | 0.09369 | +0.105% | $229K | $2.3M | 50x | as long as short |
| Kraken Futures PF_HBARUSDlong | +0.0057% | 1h | 0.09359 | long leg | $1.4M | $2.4M | 50x | |
| Variational Omni HBAR | +0.0069% | 8h | 0.09333 | −0.279% | $1.0M | $191K | — | as long as short |
| ApeX Omni HBARUSDT | +0.0074% | 1h | 0.09344 | −0.162% | $149K | $727K | 50x | as long as short |
| MEXC HBAR_USDT | +0.0076% | 8h | 0.09353 | −0.066% | $27.3M | $22.6M | 200x | as long as short |
KuCoin HBARUSDTM
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Coinbase International HBAR-PERP-INTX
Variational Omni HBAR
ApeX Omni HBARUSDT
MEXC HBAR_USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09354 | −0.055% | $2K | $17K | 10x | as long as short |
| Binance HBARUSDT | +0.0078% | 8h | 0.09348 | −0.119% | $35.1M | $106.1M | 75x | as long as short |
| Extended HBAR-USD | +0.0080% | 1h | 0.09351 | −0.087% | $53K | $277K | 10x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0087% | 8h | 0.09335 | −0.258% | $375K | $2.2M | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09352 | −0.076% | $572K | $553K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09366 | +0.072% | $9.0M | $2.7M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09362 | +0.027% | $214K | $358K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09349 | −0.108% | $33.3M | $35.5M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09351 | −0.087% | $6.9M | $25.1M | 50x | as long as short |
| Gate HBAR_USDTshort | +0.0100% | 8h | 0.09350 | −0.098% | $2.4M | $3.4M | 75x | |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09350 | −0.098% | $17.3M | $14.9M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09349 | −0.108% | — | $6.2M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09352 | −0.076% | $35K | $108K | 15x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09353 | −0.066% | $434 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09380 | +0.223% | $74K | $60K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09351 | −0.087% | $2.2M | $2.1M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0196% | 8h | 0.09357 | −0.023% | $1.5M | $5.5M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0496% / S −0.0562% | 1h | 0.09360 | +0.013% | $118K | — | 100x | as long as short |
Orderly PERP_HBAR_USDC
Binance HBARUSDT
Extended HBAR-USD
GRVT HBAR_USDT_Perp
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDT
Backpack HBAR_USDC_PERP
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]