Funding you earn now, next payment 22:00 UTC−0.0281%/8h= −30.8% APRpaid last 24h −0.149%
Price spread now: GRVT against Kraken Futures−0.243%7-day average −0.141% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$500.505% of the position
Funding, last 7 days−0.247%−$25 on $10k
+Price spread, last 3 days (all we have)+0.056%+$6 · spread now −0.243%, 7d avg −0.141%
=Together, before fees−0.191%+ Points / potential airdropGRVT: Active · farm board−$19 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and GRVT is 0.102% cheaper against Kraken Futures than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.141%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_HBARUSD | 0.09248 | 0.0381 | pay 0.0048% / 1h | 22m 20s | $1.4M | $2.4M | 50x |
| Short | GRVT HBAR_USDT_Perp | 0.09226 | 0.0100 | get 0.0100% / 8h | 2h 22m | $376K | $2.1M | 10x |
Kraken Futures PF_HBARUSD
GRVT HBAR_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$59.09
- Price spread: −0.243% → −0.141%
- −$10.23
- Slippage, 4 orders
- −$31.48
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$119.8
- Costs to cover
- 0.505%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 1 min ago; GRVT: 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 | 4.32 bp | 14.3 bp −$14 | 26.3 bp −$263 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 1 min ago | 1.08 bp | 10.9 bp −$11 | 34.2 bp −$342 | 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 | −0.0029% | 8h | 0.09253 | +0.049% | $7.4M | $7.9M | 75x | as long as short |
| Gate HBAR_USDT | −0.0018% | 8h | 0.09251 | +0.027% | $2.4M | $3.5M | 75x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09247 | −0.016% | $509K | $150K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09257 | +0.091% | $8K | — | 150x | as long as short |
| Variational Omni HBAR | +0.0052% | 8h | 0.09240 | −0.095% | $1.0M | $197K | — | as long as short |
| MEXC HBAR_USDT | +0.0063% | 8h | 0.09253 | +0.049% | $24.0M | $22.7M | 200x | as long as short |
| Extended HBAR-USD | +0.0064% | 1h | 0.09248 | −0.010% | $51K | $210K | 10x | as long as short |
| Binance HBARUSDT | +0.0064% | 8h | 0.09255 | +0.068% | $34.8M | $110.7M | 75x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0072% | 1h | 0.09238 | −0.113% | $221K | $2.2M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09254 | +0.060% | $2K | $18K | 10x | as long as short |
KuCoin HBARUSDTM
Gate HBAR_USDT
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Variational Omni HBAR
MEXC HBAR_USDT
Extended HBAR-USD
Binance HBARUSDT
Coinbase International HBAR-PERP-INTX
Orderly PERP_HBAR_USDCShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack HBAR_USDC_PERP | +0.0080% | 1h | 0.09243 | −0.059% | $31K | $102K | 15x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09245 | −0.038% | $568K | $590K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09270 | +0.236% | $8.9M | $2.9M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09252 | +0.033% | $211K | $429K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09253 | +0.049% | $33.1M | $37.0M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09251 | +0.027% | $6.9M | $24.8M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09258 | +0.103% | $17.0M | $14.9M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09253 | +0.049% | — | $5.8M | — | as long as short |
| GRVT HBAR_USDT_Perpshort | +0.0100% | 8h | 0.09226 | −0.243% | $376K | $2.1M | 10x | |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09230 | −0.200% | $148K | $707K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09240 | −0.092% | $429 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09253 | +0.049% | $73K | $53K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09241 | −0.081% | $2.2M | $2.2M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0183% | 8h | 0.09236 | −0.135% | $1.4M | $5.6M | 90x | as long as short |
| Injective HBAR/USDC PERP | +0.0311% | 1h | 0.09234 | −0.156% | $2K | $112K | 12x | as long as short |
| Kraken Futures PF_HBARUSDlong | +0.0381% | 1h | 0.09248 | long leg | $1.4M | $2.4M | 50x | |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0446% / S −0.0478% | 1h | 0.09259 | +0.117% | $104K | — | 100x | as long as short |
| dYdX HBAR-USD | +0.3498% | 1h | 0.09249 | +0.002% | $30K | $4K | 5x | as long as short |
Backpack HBAR_USDC_PERP
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDT
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
BloFin HBAR-USDT
Injective HBAR/USDC PERP
GMX HBAR/USD [WBTC.b-USDC]
dYdX HBAR-USD