Funding you earn now, next payment 09:00 UTC+0.0182%/8h= +19.9% APRpaid last 24h +0.073%
Price spread now: Kraken Futures against Binance+0.073%7-day average +0.091% · you sell dearer than you buy
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$470.471% of the position
Funding, last 7 days+0.259%+$26 on $10k
+Price spread, last 4 days (all we have)−0.097%−$10 · spread now +0.073%, 7d avg +0.091%
=The price spread sits at its 7-day average of +0.091%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HBARUSDT | 0.09607 | 0.0100 | pay 0.0100% / 8h | 7h 18m | $36.3M | $114.9M | 75x |
| Short | Kraken Futures PF_HBARUSD | 0.09614 | 0.0282 | get 0.0035% / 1h | 18m 48s | $1.4M | $3.2M | 50x |
Binance HBARUSDT
Kraken Futures PF_HBARUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Binance. 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
- $38.24
- Price spread: +0.073% → +0.091%
- −$1.81
- Slippage, 4 orders
- −$27.13
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$10.7
- Costs to cover
- 0.471%
- Break-even
- 9.0 days
Slippage from Binance: live order book, 9 min ago; Kraken Futures: live order book, 5 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 Binance live order book, 9 min ago | 0.52 bp | 8.1 bp −$8 | 19.9 bp −$199 | 71.3 bp −$7,132 | doesn't fit |
| Sell Kraken Futures live order book, 5 min ago | 7.30 bp | 14.6 bp −$15 | 26.2 bp −$262 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0008% | 1h | 0.09603 | −0.044% | $11K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | −3.385% | $1K | $96K | 12x | as long as short |
| Gate HBAR_USDT | +0.0052% | 8h | 0.09603 | −0.044% | $2.5M | $2.9M | 75x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0088% | 8h | 0.09599 | −0.086% | $1K | $12K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0088% | 1h | 0.09604 | −0.033% | $232K | $2.7M | 50x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09602 | −0.054% | $576K | $603K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09621 | +0.142% | $9.1M | $4.0M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09610 | +0.026% | $230K | $350K | 50x | as long as short |
| Binance HBARUSDTlong | +0.0100% | 8h | 0.09607 | long leg | $36.3M | $114.9M | 75x | |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09607 | −0.002% | $33.5M | $37.3M | 75x | as long as short |
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Gate HBAR_USDT
Orderly PERP_HBAR_USDC
Coinbase International HBAR-PERP-INTX
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09608 | +0.008% | $6.8M | $27.1M | 50x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09608 | +0.008% | $27.1M | $20.7M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09606 | −0.013% | $7.4M | $7.4M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09609 | +0.019% | $18.0M | $17.6M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09609 | +0.019% | — | $6.8M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09603 | −0.044% | $38K | $201K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09601 | −0.064% | $1.1M | $174K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09590 | −0.179% | $385K | $3.4M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09591 | −0.169% | $155K | $699K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09601 | −0.065% | $446 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09617 | +0.102% | $74K | $74K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09603 | −0.044% | $2.4M | $2.8M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09600 | −0.078% | $50K | $305K | 10x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0166% | 1h | 0.09608 | +0.008% | $529K | $177K | 50x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09602 | −0.054% | $1.6M | $5.9M | 90x | as long as short |
| Kraken Futures PF_HBARUSDshort | +0.0282% | 1h | 0.09614 | +0.073% | $1.4M | $3.2M | 50x | |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0370% / S −0.0292% | 1h | 0.09604 | −0.030% | $85K | — | 100x | as long as short |
| dYdX HBAR-USD | +0.2292% | 1h | 0.09609 | +0.020% | $38K | $18K | 5x | as long as short |
OKX HBAR-USDT-SWAP
MEXC HBAR_USDT
KuCoin HBARUSDTM
Bitget HBARUSDT
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
Variational Omni HBAR
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
Deribit HBAR_USDC-PERPETUAL
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]
dYdX HBAR-USD