TURBO

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0215%/8h= −23.6% APRnext payment −$0.27 per $10,000 · paid last 24h +0.035%

Price spread now: Kraken Futures against Hyperliquid+0.066%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Hyperliquid Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−1.407%−$141 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

The price spread pays, funding is against you. Kraken Futures is 0.066% dearer against Hyperliquid than usual: you sell high and buy low (spread +0.066% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 25 hours. At the pace of the last 7 days (−1.407% in total) that is about 8 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid TURBO	0.001052	0.0100	pay 0.0013% / 1h	17m 54s	$312K	$167K	3x
Short	Kraken Futures PF_TURBOUSD	0.001053	−0.0115	pay 0.0014% / 1h	17m 54s	$69K	$30K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Hyperliquid. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee HyperliquidbpFee Kraken FuturesbpOrdersPrice spread, now +0.066%Rate

Funding earned: −$45.21
Price spread: +0.066% → 0.000%: $6.61
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$57.6
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 52 min ago; Kraken Futures: no order-book sample. 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 Hyperliquid live order book, 52 min ago	4.71 bp	22.3 bp −$22	doesn't fit	doesn't fit	doesn't fit
Sell Kraken Futures no order-book sample	—	—	—	—	—

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.

TURBO on 14 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_TURBOUSDshort	−0.0115%	1h	0.001053	+0.066%	$69K	$30K	20x
Injective TURBO/USDC PERP	+0.0033%	1h	0.001069	+1.616%	$83	$4	5.5x	as long as short
BloFin TURBO-USDT	+0.0067%	4h	0.001052	−0.029%	$152K	$466K	75x	as long as short
Hyperliquid TURBOlong	+0.0100%	1h	0.001052	long leg	$312K	$167K	3x
Aster TURBOUSDT	+0.0100%	4h	0.001052	−0.035%	$9K	$20K	10x	as long as short
Binance TURBOUSDT	+0.0100%	4h	0.001052	−0.035%	$2.9M	$6.3M	50x	as long as short
Bybit 1000TURBOUSDT	+0.0100%	4h	0.001052	+0.038%	$376K	$763K	25x	as long as short
OKX TURBO-USDT-SWAP	+0.0100%	4h	0.001051	−0.086%	$880K	$2.2M	20x	as long as short
Gate TURBO_USDT	+0.0100%	4h	0.001051	−0.095%	$384K	$324K	25x	as long as short
MEXC TURBO_USDT	+0.0100%	4h	0.001051	−0.067%	$5.4M	$611K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin TURBOUSDTM	+0.0100%	4h	0.001051	−0.105%	$1.8M	$861K	20x	as long as short
Bitget TURBOUSDT	+0.0100%	4h	0.001053	+0.095%	$995K	$580K	25x	as long as short
BingX TURBO-USDT	+0.0100%	4h	0.001052	−0.038%	—	$7.7M	—	as long as short
Extended TURBO-USD	+0.0104%	1h	0.001052	−0.023%	$1K	$232K	5x	as long as short