Funding you earn now, next payment 20:00 UTC−0.0826%/8hnext payment −$1.03 per $10,000 · paid last 24h +0.046%
Price spread now: Kraken Futures against Hyperliquid−0.145%50s7-day average −0.105% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+1.494%+$149 on $10k
+Price spread, last 3 days (all we have)+0.161%+$16 · spread now −0.145%, 7d avg −0.105%
=Together, before fees+1.655%+ Points / potential airdropHyperliquid: Season 2 · farm board+$165 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and Kraken Futures is 0.040% cheaper against Hyperliquid than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.105%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.494%, so the current rate has only just turned against you. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid GRASS | 0.3707 | 0.1482 | pay 0.0185% / 1h | 6m 32s | $13.7M | $1.4M | 3x |
| Short | Kraken Futures PF_GRASSUSD | 0.3702 | 0.0656 | get 0.0082% / 1h | 6m 32s | $146K | $44K | 20x |
Hyperliquid GRASS
Kraken Futures PF_GRASSUSDFunding 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
- −$173.39
- Price spread: −0.145% → −0.105%
- −$3.99
- 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
- −$196.38
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 11 min ago; Kraken Futures: live order book, 25 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 Hyperliquid live order book, 11 min ago | 0.81 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 25 min ago | 37.75 bp | 58.6 bp −$59 | doesn't fit | doesn't fit | doesn't fit |
GRASS on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya GRASSRUSDPERP | −0.0115% | 1h | 0.3701 | −0.156% | $556 | — | 15x | as long as short |
| Injective GRASS/USDC PERP | +0.0033% | 1h | 0.3778 | +1.913% | $6 | $48K | 5.5x | as long as short |
| Binance GRASSUSDT | +0.0100% | 4h | 0.3704 | −0.072% | $8.3M | $6.2M | 75x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.3696 | −0.310% | $19.2M | $4.9M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.3704 | −0.084% | $2.5M | $2.4M | 20x | as long as short |
| Gate GRASS_USDT | +0.0100% | 4h | 0.3697 | −0.272% | $1.0M | $472K | 50x | as long as short |
| MEXC GRASS_USDT | +0.0100% | 4h | 0.3704 | −0.084% | $1.0M | $501K | 100x | as long as short |
| KuCoin GRASSUSDTM | +0.0100% | 4h | 0.3702 | −0.138% | $1.3M | $573K | 50x | as long as short |
| Bitget GRASSUSDT | +0.0100% | 4h | 0.3698 | −0.235% | $4.3M | $1.2M | 75x | as long as short |
| BingX GRASS-USDT | +0.0100% | 4h | 0.3703 | −0.111% | — | $6.8M | — | as long as short |
Reya GRASSRUSDPERP
Injective GRASS/USDC PERP
Binance GRASSUSDT
Bybit GRASSUSDT
OKX GRASS-USDT-SWAP
Gate GRASS_USDT
MEXC GRASS_USDT
KuCoin GRASSUSDTM
Bitget GRASSUSDT
BingX GRASS-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GRASS | +0.0100% | 4h | 0.3699 | −0.219% | $1.1M | $137K | — | as long as short |
| Extended GRASS-USD | +0.0104% | 1h | 0.3701 | −0.169% | $190K | $808K | 10x | as long as short |
| BloFin GRASS-USDT | +0.0115% | 4h | 0.3707 | −0.003% | $455K | $135K | 20x | as long as short |
| Kraken Futures PF_GRASSUSDshort | +0.0656% | 1h | 0.3702 | −0.145% | $146K | $44K | 20x | |
| Aster GRASSUSDT | +0.0671% | 4h | 0.3707 | +0.002% | $50K | $81K | 10x | as long as short |
| Hyperliquid GRASSlong | +0.1482% | 1h | 0.3707 | long leg | $13.7M | $1.4M | 3x | |
| Lighter GRASS | +0.1648% | 1h | 0.3716 | +0.251% | $502K | $334K | 5x | as long as short |
Variational Omni GRASS
Extended GRASS-USD
BloFin GRASS-USDT
Aster GRASSUSDT
Lighter GRASS