Funding you earn now, next payment 08:00 UTC+0.0243%/8h= +26.6% APRpaid last 24h −0.095%
Price spread now: KuCoin against Kraken Futures0.000%7-day average −0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$760.764% of the position
Funding, last 7 days−0.284%−$28 on $10k
+Price spread, last 4 days (all we have)−0.034%−$3 · spread now 0.000%, 7d avg −0.073%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and KuCoin is 0.073% dearer against Kraken Futures than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.073%. Mind the row above: over the last 7 days funding on this pair cost −0.284%, 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 | 0.09503 | −0.0143 | get 0.0018% / 1h | 15m 05s | $1.3M | $2.9M | 50x |
| Short | KuCoin HBARUSDTM | 0.09503 | 0.0100 | get 0.0100% / 8h | 15m 05s | $7.6M | $7.4M | 75x |
Kraken Futures PF_HBARUSD
KuCoin HBARUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $51.07
- Price spread: 0.000% → −0.073%
- $7.27
- Slippage, 4 orders
- −$54.45
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$18.11
- Costs to cover
- 0.764%
- Break-even
- 9.5 days
Slippage from Kraken Futures: live order book, 4 min ago; KuCoin: live order book, 3 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 | 8.40 bp | 18.9 bp −$19 | 24.3 bp −$243 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 2.63 bp | 21.9 bp −$22 | 47.5 bp −$475 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_HBARUSDlong | −0.0143% | 1h | 0.09503 | long leg | $1.3M | $2.9M | 50x | |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0008% | 1h | 0.09492 | −0.117% | $11K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | −2.326% | $1K | $103K | 12x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0080% | 1h | 0.09501 | −0.021% | $212K | $2.4M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0080% | 8h | 0.09493 | −0.105% | $2K | $12K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09498 | −0.053% | $570K | $601K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09523 | +0.212% | $8.8M | $3.6M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09510 | +0.074% | $204K | $323K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09510 | +0.074% | $35.4M | $112.5M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09503 | 0.000% | $32.8M | $36.3M | 75x | as long as short |
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Coinbase International HBAR-PERP-INTX
Orderly PERP_HBAR_USDC
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09505 | +0.021% | $6.7M | $25.6M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09504 | +0.011% | $2.5M | $2.8M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09505 | +0.021% | $26.4M | $20.2M | 200x | as long as short |
| KuCoin HBARUSDTMshort | +0.0100% | 8h | 0.09503 | 0.000% | $7.6M | $7.4M | 75x | |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09504 | +0.011% | $17.5M | $16.2M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09508 | +0.053% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09512 | +0.095% | $36K | $199K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09473 | −0.315% | $1.0M | $178K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09500 | −0.032% | $385K | $3.2M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09497 | −0.063% | $154K | $701K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09499 | −0.042% | $441 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09490 | −0.137% | $72K | $71K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09498 | −0.053% | $2.4M | $2.4M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09492 | −0.111% | $49K | $307K | 10x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0171% | 1h | 0.09505 | +0.021% | $523K | $178K | 50x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09500 | −0.032% | $1.5M | $5.8M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0365% / S −0.0262% | 1h | 0.09493 | −0.109% | $86K | — | 100x | as long as short |
| dYdX HBAR-USD | +0.2016% | 1h | 0.09485 | −0.186% | $31K | $9K | 5x | as long as short |
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
MEXC HBAR_USDT
Bitget HBARUSDT
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
Variational Omni HBAR
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
Deribit HBAR_USDC-PERPETUAL
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]
dYdX HBAR-USD