Funding you earn now, next payment 22:00 UTC+0.0173%/8h= +18.9% APRnext payment +$0.22 per $10,000 · paid last 24h −0.007%
Price spread now: Hyperliquid against Kraken Futures+0.120%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Hyperliquid is 0.120% dearer against Kraken Futures than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_REZUSD | 0.003842 | 0.0136 | pay 0.0017% / 1h | 14m 33s | $44K | $10K | 10x |
| Short | Hyperliquid REZ | 0.003847 | 0.0308 | get 0.0039% / 1h | 14m 33s | $1.6M | $504K | 3x |
Kraken Futures PF_REZUSD
Hyperliquid REZFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- $36.26
- Price spread: +0.120% → 0.000%
- $11.97
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $29.23
- Costs to cover
- 0.190%
- Break-even
- 1.4 days
Slippage unknown: Kraken Futures: no order-book sample; Hyperliquid: live order book, 6 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 6 min ago | 3.89 bp | 30.5 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
REZ on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin REZ-USDT | +0.0063% | 4h | 0.003837 | −0.141% | $326K | $50K | 50x | as long as short |
| Aster REZUSDT | +0.0100% | 4h | 0.003836 | −0.170% | $18K | $37K | 5x | as long as short |
| Binance REZUSDT | +0.0100% | 4h | 0.003839 | −0.101% | $4.9M | $8.9M | 50x | as long as short |
| Gate REZ_USDT | +0.0100% | 4h | 0.003847 | +0.120% | $399K | $127K | 10x | as long as short |
| MEXC REZ_USDT | +0.0100% | 4h | 0.003838 | −0.115% | $1.3M | $445K | 50x | as long as short |
| KuCoin REZUSDTM | +0.0100% | 4h | 0.003840 | −0.062% | $454K | $94K | 30x | as long as short |
| Bitget REZUSDT | +0.0100% | 4h | 0.003840 | −0.062% | $604K | $1.2M | 50x | as long as short |
| Variational Omni REZ | +0.0100% | 4h | 0.003847 | +0.128% | $78K | $47K | — | as long as short |
| BingX REZ-USDT | +0.0102% | 4h | 0.003841 | −0.036% | — | $6.6M | — | as long as short |
| Bybit REZUSDT | +0.0128% | 4h | 0.003843 | +0.016% | $1.5M | $998K | 25x | as long as short |
BloFin REZ-USDT
Aster REZUSDT
Binance REZUSDT
Gate REZ_USDT
MEXC REZ_USDT
KuCoin REZUSDTM
Bitget REZUSDT
Variational Omni REZ
BingX REZ-USDT
Bybit REZUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_REZUSDlong | +0.0136% | 1h | 0.003842 | long leg | $44K | $10K | 10x | |
| Hyperliquid REZshort | +0.0308% | 1h | 0.003847 | +0.120% | $1.6M | $504K | 3x |