Funding you earn now, next payment 04:00 UTC+0.0296%/8h= +32.4% APRnext payment +$0.37 per $10,000 · paid last 24h +0.095%
Price spread now: Kraken Futures against ApeX Omni+0.049%75s7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$480.483% of the position
Funding, last 7 days+0.204%+$20 on $10k
+Price spread, last 4 days (all we have)+0.126%+$13 · spread now +0.049%, 7d avg +0.051%
=The price spread sits at its 7-day average of +0.051%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.204% in total (about 10.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.37 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni HBARUSDT | 0.09158 | 0.0100 | pay 0.0013% / 1h | 36m 18s | $146K | $714K | 50x |
| Short | Kraken Futures PF_HBARUSD | 0.09162 | 0.0396 | get 0.0049% / 1h | 36m 18s | $1.4M | $2.6M | 50x |
ApeX Omni HBARUSDT
Kraken Futures PF_HBARUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against ApeX Omni. 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
- $62.09
- Price spread: +0.049% → +0.051%
- −$0.22
- Slippage, 4 orders
- −$28.33
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $13.54
- Costs to cover
- 0.483%
- Break-even
- 5.5 days
Slippage from ApeX Omni: live order book, 22 min ago; Kraken Futures: live order book, 2 min ago.
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 ApeX Omni live order book, 22 min ago | 3.80 bp | 12.6 bp −$13 | 100.0 bp −$1,000 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 4.91 bp | 13.3 bp −$13 | 23.6 bp −$236 | doesn't fit | doesn't fit |
HBAR on 28 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX HBAR-USD | 0.0000% | 1h | 0.09168 | +0.107% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09160 | +0.019% | $8K | — | 150x | as long as short |
| KuCoin HBARUSDTM | +0.0012% | 8h | 0.09156 | −0.022% | $7.1M | $7.2M | 75x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | +1.354% | $1K | $105K | 12x | as long as short |
| Gate HBAR_USDT | +0.0043% | 8h | 0.09155 | −0.033% | $2.4M | $2.8M | 75x | as long as short |
| Backpack HBAR_USDC_PERP | +0.0058% | 1h | 0.09166 | +0.087% | $37K | $201K | 15x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09166 | +0.087% | $220K | $2.1M | 50x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0078% | 1h | 0.09162 | +0.044% | $505K | $175K | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0080% | 8h | 0.09156 | −0.022% | $2K | $14K | 10x | as long as short |
| Variational Omni HBAR | +0.0085% | 8h | 0.09154 | −0.046% | $1.0M | $187K | — | as long as short |
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
KuCoin HBARUSDTM
Injective HBAR/USDC PERP
Gate HBAR_USDT
Backpack HBAR_USDC_PERP
Coinbase International HBAR-PERP-INTX
Deribit HBAR_USDC-PERPETUAL
Orderly PERP_HBAR_USDC
Variational Omni HBARShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter HBAR | +0.0096% | 1h | 0.09159 | +0.011% | $557K | $596K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09166 | +0.082% | $8.6M | $2.7M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09161 | +0.037% | $210K | $318K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09161 | +0.032% | $33.6M | $105.1M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09162 | +0.044% | $32.4M | $33.9M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09164 | +0.066% | $6.5M | $24.4M | 50x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09161 | +0.033% | $25.6M | $19.5M | 200x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09161 | +0.033% | $16.9M | $15.1M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09155 | −0.033% | — | $6.7M | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09157 | −0.006% | $370K | $2.5M | 10x | as long as short |
| ApeX Omni HBARUSDTlong | +0.0100% | 1h | 0.09158 | long leg | $146K | $714K | 50x | |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09158 | 0.000% | $425 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09181 | +0.251% | $70K | $66K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09158 | 0.000% | $2.1M | $2.1M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09155 | −0.036% | $52K | $278K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09170 | +0.131% | $1.4M | $5.4M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0346% / S −0.0242% | 1h | 0.09159 | +0.007% | $79K | — | 100x | as long as short |
| Kraken Futures PF_HBARUSDshort | +0.0396% | 1h | 0.09162 | +0.049% | $1.4M | $2.6M | 50x |
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
MEXC HBAR_USDT
Bitget HBARUSDT
BingX HBAR-USDC
GRVT HBAR_USDT_Perp
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]