Funding you earn now, next payment 01:00 UTC+0.1639%/8h= +179.4% APRnext payment +$2.05 per $10,000 · paid last 24h +0.235%
Price spread now: Hyperliquid against Kraken Futures+0.091%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 +$49 a day on $10k at the current rate, and Hyperliquid is 0.091% dearer against Kraken Futures than usual: you sell high and buy low: +$9 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_AIXBTUSD | 0.02282 | −0.1539 | get 0.0192% / 1h | 30m 30s | $18K | $7K | 10x |
| Short | Hyperliquid AIXBT | 0.02284 | 0.0100 | get 0.0013% / 1h | 30m 30s | $380K | $180K | 3x |
Kraken Futures PF_AIXBTUSD
Hyperliquid AIXBTFunding 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
- $344.14
- Price spread: +0.091% → 0.000%
- $9.14
- 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
- $334.28
- Costs to cover
- 0.190%
- Break-even
- 0.2 days
Slippage unknown: Kraken Futures: no order-book sample; Hyperliquid: live order book, 19 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, 19 min ago | 1.32 bp | 21.3 bp −$21 | 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.
AIXBT 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_AIXBTUSDlong | −0.1539% | 1h | 0.02282 | long leg | $18K | $7K | 10x | |
| Variational Omni AIXBT | +0.0034% | 4h | 0.02281 | −0.051% | $100K | $11K | — | as long as short |
| BloFin AIXBT-USDT | +0.0042% | 4h | 0.02281 | −0.036% | $119K | $65K | 50x | as long as short |
| Hyperliquid AIXBTshort | +0.0100% | 1h | 0.02284 | +0.091% | $380K | $180K | 3x | |
| Binance AIXBTUSDT | +0.0100% | 4h | 0.02283 | +0.049% | $2.4M | $3.0M | 50x | as long as short |
| Bybit AIXBTUSDT | +0.0100% | 4h | 0.02280 | −0.084% | $1.2M | $971K | 25x | as long as short |
| OKX AIXBT-USDT-SWAP | +0.0100% | 4h | 0.02280 | −0.080% | $461K | $1.5M | 20x | as long as short |
| Gate AIXBT_USDT | +0.0100% | 4h | 0.02283 | +0.052% | $202K | $97K | 25x | as long as short |
| MEXC AIXBT_USDT | +0.0100% | 4h | 0.02283 | +0.052% | $474K | $188K | 100x | as long as short |
| KuCoin AIXBTUSDTM | +0.0100% | 4h | 0.02284 | +0.096% | $1.2M | $1.4M | 30x | as long as short |
Variational Omni AIXBT
BloFin AIXBT-USDT
Binance AIXBTUSDT
Bybit AIXBTUSDT
OKX AIXBT-USDT-SWAP
Gate AIXBT_USDT
MEXC AIXBT_USDT
KuCoin AIXBTUSDTMShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget AIXBTUSDT | +0.0100% | 4h | 0.02285 | +0.140% | $641K | $467K | 20x | as long as short |
| BingX AIXBT-USDT | +0.0100% | 4h | 0.02283 | +0.052% | — | $6.6M | — | as long as short |
| GMX AIXBT/USD [ETH-USDC] | L +0.0262% / S −0.0442% | 1h | 0.02284 | +0.083% | $4K | — | 100x | as long as short |
| Reya AIXBTRUSDPERP | +0.0372% | 1h | 0.02280 | −0.095% | — | — | — | as long as short |
Bitget AIXBTUSDT
BingX AIXBT-USDT
GMX AIXBT/USD [ETH-USDC]
Reya AIXBTRUSDPERP