Funding you earn now, next payment 02:00 UTC+0.0002%/8h= +0.2% APRpaid last 24h −0.125%
Price spread now: MEXC against Kraken Futures−0.083%7-day average −0.086% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$310.309% of the position
Funding, last 7 days−0.265%−$26 on $10k
+Price spread, last 3 days (all we have)+0.034%+$3 · spread now −0.083%, 7d avg −0.086%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_HBARUSD | 0.09256 | 0.0069 | pay 0.0009% / 1h | 46m 17s | $1.4M | $2.4M | 50x |
| Short | MEXC HBAR_USDT | 0.09248 | 0.0071 | get 0.0071% / 8h | 6h 46m | $26.5M | $21.7M | 200x |
Kraken Futures PF_HBARUSD
MEXC HBAR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $0.46
- Price spread: −0.083% → −0.086%
- $0.3
- Slippage, 4 orders
- −$20.9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$30.14
- Costs to cover
- 0.309%
- Break-even
- 468.1 days
Slippage from Kraken Futures: live order book, 2 min ago; MEXC: live order book, 7 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, 2 min ago | 6.47 bp | 14.0 bp −$14 | 24.0 bp −$240 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 7 min ago | 0.54 bp | 1.6 bp −$2 | 10.3 bp −$103 | 45.8 bp −$4,575 | 116.8 bp −$58.4K |
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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni HBARUSDT | −0.0171% | 1h | 0.09276 | +0.220% | $148K | $724K | 50x | as long as short |
| KuCoin HBARUSDTM | −0.0076% | 8h | 0.09249 | −0.072% | $7.3M | $7.4M | 75x | as long as short |
| Lighter HBAR | 0.0000% | 1h | 0.09249 | −0.072% | $560K | $583K | 5x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09254 | −0.020% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09256 | +0.004% | $510K | $154K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09252 | −0.043% | $8K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | +0.285% | $1K | $106K | 12x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09263 | +0.079% | $227K | $2.1M | 50x | as long as short |
| Kraken Futures PF_HBARUSDlong | +0.0069% | 1h | 0.09256 | long leg | $1.4M | $2.4M | 50x | |
| MEXC HBAR_USDTshort | +0.0071% | 8h | 0.09248 | −0.083% | $26.5M | $21.7M | 200x |
ApeX Omni HBARUSDT
KuCoin HBARUSDTM
Lighter HBAR
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Coinbase International HBAR-PERP-INTXShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance HBARUSDT | +0.0071% | 8h | 0.09248 | −0.083% | $34.5M | $104.3M | 75x | as long as short |
| Extended HBAR-USD | +0.0072% | 1h | 0.09246 | −0.104% | $47K | $278K | 10x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0072% | 8h | 0.09270 | +0.150% | $377K | $2.2M | 10x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0074% | 8h | 0.09248 | −0.083% | $2K | $17K | 10x | as long as short |
| Variational Omni HBAR | +0.0075% | 8h | 0.09246 | −0.104% | $1.0M | $186K | — | as long as short |
| Gate HBAR_USDT | +0.0076% | 8h | 0.09251 | −0.050% | $2.4M | $3.0M | 75x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09261 | +0.053% | $8.9M | $2.7M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09246 | −0.101% | $211K | $346K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09249 | −0.072% | $32.9M | $34.9M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09252 | −0.040% | $6.8M | $24.6M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09252 | −0.040% | $17.2M | $14.8M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09249 | −0.072% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09259 | +0.036% | $37K | $118K | 15x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09251 | −0.050% | $429 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09279 | +0.252% | $71K | $66K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09255 | −0.007% | $2.2M | $2.1M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0191% | 8h | 0.09272 | +0.177% | $1.5M | $5.5M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0487% / S −0.0549% | 1h | 0.09252 | −0.038% | $115K | — | 100x | as long as short |
Binance HBARUSDT
Extended HBAR-USD
GRVT HBAR_USDT_Perp
Orderly PERP_HBAR_USDC
Variational Omni HBAR
Gate HBAR_USDT
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]