Funding you earn now, next payment 02:00 UTC−0.1763%/8h= −193.1% APRnext payment −$2.20 per $10,000 · paid last 24h −0.580%
Price spread now: Kraken Futures against Hyperliquid−0.106%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$53 a day on $10k at the current rate, and Kraken Futures is 0.106% cheaper against Hyperliquid than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid YGG | 0.02618 | 0.0100 | pay 0.0013% / 1h | 27m 03s | $189K | $150K | 3x |
| Short | Kraken Futures PF_YGGUSD | 0.02615 | −0.1663 | pay 0.0208% / 1h | 27m 03s | $12K | $3K | 10x |
Hyperliquid YGG
Kraken Futures PF_YGGUSDFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$370.23
- Price spread: −0.106% → 0.000%
- −$10.61
- 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
- −$399.84
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 12 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, 12 min ago | 2.50 bp | 22.4 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.
YGG 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_YGGUSDshort | −0.1663% | 1h | 0.02615 | −0.106% | $12K | $3K | 10x | |
| Hyperliquid YGGlong | +0.0100% | 1h | 0.02618 | long leg | $189K | $150K | 3x | |
| Aster YGGUSDT | +0.0100% | 4h | 0.02615 | −0.119% | $709 | $2K | 5x | as long as short |
| Binance YGGUSDT | +0.0100% | 4h | 0.02618 | −0.002% | $2.0M | $2.1M | 50x | as long as short |
| Bybit YGGUSDT | +0.0100% | 4h | 0.02621 | +0.115% | $606K | $479K | 25x | as long as short |
| OKX YGG-USDT-SWAP | +0.0100% | 4h | 0.02618 | 0.000% | $997K | $982K | 10x | as long as short |
| Gate YGG_USDT | +0.0100% | 4h | 0.02618 | 0.000% | $294K | $674K | 20x | as long as short |
| MEXC YGG_USDT | +0.0100% | 4h | 0.02617 | −0.038% | $1.1M | $345K | 50x | as long as short |
| KuCoin YGGUSDTM | +0.0100% | 4h | 0.02616 | −0.076% | $199K | $56K | 30x | as long as short |
| Bitget YGGUSDT | +0.0100% | 4h | 0.02615 | −0.115% | $550K | $188K | 50x | as long as short |
Aster YGGUSDT
Binance YGGUSDT
Bybit YGGUSDT
OKX YGG-USDT-SWAP
Gate YGG_USDT
MEXC YGG_USDT
KuCoin YGGUSDTM
Bitget YGGUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX YGG-USDT | +0.0100% | 4h | 0.02616 | −0.076% | — | $2.4M | — | as long as short |
| Variational Omni YGG | +0.0100% | 4h | 0.02615 | −0.111% | $2K | $1 | — | as long as short |
BingX YGG-USDT
Variational Omni YGG