Funding you earn now, next payment 22:00 UTC+0.0282%/8h= +30.9% APRpaid last 24h +0.134%
Price spread now: Kraken Futures against OKX+0.170%7-day average +0.115% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$470.467% of the position
Funding, last 7 days+0.199%+$20 on $10k
+Price spread, last 3 days (all we have)−0.122%−$12 · spread now +0.170%, 7d avg +0.115%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Kraken Futures is 0.055% dearer against OKX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.115%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX HBAR-USDT-SWAP | 0.09206 | 0.0100 | pay 0.0100% / 8h | 2h 11m | $6.9M | $24.7M | 50x |
| Short | Kraken Futures PF_HBARUSD | 0.09222 | 0.0382 | get 0.0048% / 1h | 11m 00s | $1.4M | $2.4M | 50x |
OKX HBAR-USDT-SWAP
Kraken Futures PF_HBARUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against OKX. 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
- $59.32
- Price spread: +0.170% → +0.115%
- $5.51
- Slippage, 4 orders
- −$26.7
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $18.13
- Costs to cover
- 0.467%
- Break-even
- 4.9 days
Slippage from OKX: live order book, 3 min ago; Kraken Futures: 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 OKX live order book, 3 min ago | 0.54 bp | 10.6 bp −$11 | 23.7 bp −$237 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 3 min ago | 5.42 bp | 11.2 bp −$11 | 15.8 bp −$158 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate HBAR_USDT | −0.0028% | 8h | 0.09208 | +0.022% | $2.4M | $3.6M | 75x | as long as short |
| KuCoin HBARUSDTM | −0.0022% | 8h | 0.09211 | +0.054% | $7.3M | $7.9M | 75x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09220 | +0.152% | $508K | $151K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09216 | +0.108% | $8K | — | 150x | as long as short |
| Variational Omni HBAR | +0.0050% | 8h | 0.09223 | +0.186% | $1.0M | $197K | — | as long as short |
| Extended HBAR-USD | +0.0064% | 1h | 0.09210 | +0.047% | $51K | $218K | 10x | as long as short |
| MEXC HBAR_USDT | +0.0067% | 8h | 0.09209 | +0.033% | $24.2M | $22.8M | 200x | as long as short |
| Binance HBARUSDT | +0.0068% | 8h | 0.09209 | +0.031% | $34.7M | $110.8M | 75x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0072% | 1h | 0.09211 | +0.054% | $227K | $2.2M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09210 | +0.043% | $2K | $18K | 10x | as long as short |
Gate HBAR_USDT
KuCoin HBARUSDTM
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Variational Omni HBAR
Extended HBAR-USD
MEXC HBAR_USDT
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 | +0.0077% | 1h | 0.09216 | +0.109% | $31K | $103K | 15x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09212 | +0.065% | $565K | $590K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09227 | +0.225% | $8.8M | $2.9M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09210 | +0.042% | $210K | $429K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09206 | 0.000% | $32.9M | $37.0M | 75x | as long as short |
| OKX HBAR-USDT-SWAPlong | +0.0100% | 8h | 0.09206 | long leg | $6.9M | $24.7M | 50x | |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09215 | +0.098% | $17.0M | $14.9M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09209 | +0.033% | — | $5.9M | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09209 | +0.028% | $375K | $2.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09236 | +0.326% | $148K | $708K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09211 | +0.054% | $428 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09230 | +0.261% | $72K | $53K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09213 | +0.076% | $2.2M | $2.2M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0188% | 8h | 0.09207 | +0.011% | $1.5M | $5.6M | 90x | as long as short |
| Injective HBAR/USDC PERP | +0.0311% | 1h | 0.09234 | +0.304% | $2K | $112K | 12x | as long as short |
| Kraken Futures PF_HBARUSDshort | +0.0382% | 1h | 0.09222 | +0.170% | $1.4M | $2.4M | 50x | |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0445% / S −0.0478% | 1h | 0.09216 | +0.109% | $103K | — | 100x | as long as short |
| dYdX HBAR-USD | +0.3803% | 1h | 0.09210 | +0.046% | $30K | $4K | 5x | as long as short |
Backpack HBAR_USDC_PERP
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
Bitget HBARUSDT
BingX HBAR-USDT
GRVT HBAR_USDT_Perp
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