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: Hyperliquid against Kraken Futures+0.106%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 +$53 a day on $10k at the current rate, and Hyperliquid is 0.106% dearer against Kraken Futures than usual: you sell high and buy low: +$11 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_YGGUSD | 0.02615 | −0.1663 | get 0.0208% / 1h | 26m 56s | $12K | $3K | 10x |
| Short | Hyperliquid YGG | 0.02618 | 0.0100 | get 0.0013% / 1h | 26m 56s | $189K | $150K | 3x |
Kraken Futures PF_YGGUSD
Hyperliquid YGGFunding 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
- $370.23
- Price spread: +0.106% → 0.000%
- $10.62
- 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
- $361.85
- Costs to cover
- 0.190%
- Break-even
- 0.2 days
Slippage unknown: Kraken Futures: no order-book sample; Hyperliquid: live order book, 12 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, 12 min ago | 2.50 bp | 27.5 bp −$27 | 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.
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_YGGUSDlong | −0.1663% | 1h | 0.02615 | long leg | $12K | $3K | 10x | |
| Hyperliquid YGGshort | +0.0100% | 1h | 0.02618 | +0.106% | $189K | $150K | 3x | |
| Aster YGGUSDT | +0.0100% | 4h | 0.02615 | −0.013% | $709 | $2K | 5x | as long as short |
| Binance YGGUSDT | +0.0100% | 4h | 0.02620 | +0.183% | $2.0M | $2.1M | 50x | as long as short |
| Bybit YGGUSDT | +0.0100% | 4h | 0.02621 | +0.221% | $606K | $479K | 25x | as long as short |
| OKX YGG-USDT-SWAP | +0.0100% | 4h | 0.02617 | +0.068% | $996K | $982K | 10x | as long as short |
| Gate YGG_USDT | +0.0100% | 4h | 0.02621 | +0.221% | $294K | $674K | 20x | as long as short |
| MEXC YGG_USDT | +0.0100% | 4h | 0.02618 | +0.106% | $1.1M | $345K | 50x | as long as short |
| KuCoin YGGUSDTM | +0.0100% | 4h | 0.02618 | +0.106% | $200K | $56K | 30x | as long as short |
| Bitget YGGUSDT | +0.0100% | 4h | 0.02622 | +0.259% | $552K | $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 | 0.02618 | +0.106% | — | $2.4M | — | as long as short |
| Variational Omni YGG | +0.0100% | 4h | 0.02615 | −0.005% | $2K | $1 | — | as long as short |
BingX YGG-USDT
Variational Omni YGG