Funding you earn now, next payment 04:00 UTC+0.0295%/8h= +32.3% APRpaid last 24h +0.101%
Price spread now: Kraken Futures against BingX+0.095%7-day average +0.093% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$450.454% of the position
Funding, last 7 days+0.205%+$20 on $10k
+Price spread, last 4 days (all we have)−0.153%−$15 · spread now +0.095%, 7d avg +0.093%
=The price spread sits at its 7-day average of +0.093%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.205% in total (about 10.7% a year). A funding rate is set anew for every payment. 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 | BingX HBAR-USDT | 0.09171 | 0.0100 | pay 0.0100% / 8h | 4h 40m | — | $6.3M | — |
| Short | Kraken Futures PF_HBARUSD | 0.09180 | 0.0395 | get 0.0049% / 1h | 40m 23s | $1.4M | $2.6M | 50x |
BingX HBAR-USDT
Kraken Futures PF_HBARUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BingX. 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
- $61.93
- Price spread: +0.095% → +0.093%
- $0.14
- Slippage, 4 orders
- −$25.43
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $16.65
- Costs to cover
- 0.454%
- Break-even
- 5.1 days
Slippage from BingX: live order book, 10 min ago; Kraken Futures: live order book, 3 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 BingX live order book, 10 min ago | 2.19 bp | 8.4 bp −$8 | 15.9 bp −$159 | 56.6 bp −$5,655 | 335.7 bp −$167.9K |
| Sell Kraken Futures live order book, 3 min ago | 4.91 bp | 12.9 bp −$13 | 24.7 bp −$247 | 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 | 0.09174 | +0.036% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09182 | +0.120% | $506K | $173K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09174 | +0.029% | $8K | — | 150x | as long as short |
| KuCoin HBARUSDTM | +0.0011% | 8h | 0.09182 | +0.120% | $7.1M | $7.2M | 75x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | +1.210% | $1K | $105K | 12x | as long as short |
| Gate HBAR_USDT | +0.0045% | 8h | 0.09174 | +0.033% | $2.4M | $2.8M | 75x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09156 | −0.164% | $219K | $2.1M | 50x | as long as short |
| Backpack HBAR_USDC_PERP | +0.0066% | 1h | 0.09163 | −0.087% | $37K | $201K | 15x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0080% | 8h | 0.09175 | +0.044% | $2K | $14K | 10x | as long as short |
| Variational Omni HBAR | +0.0085% | 8h | 0.09154 | −0.187% | $1.0M | $187K | — | as long as short |
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
KuCoin HBARUSDTM
Injective HBAR/USDC PERP
Gate HBAR_USDT
Coinbase International HBAR-PERP-INTX
Backpack HBAR_USDC_PERP
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 | 0.09166 | −0.055% | $557K | $596K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09191 | +0.217% | $8.7M | $2.8M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09184 | +0.142% | $210K | $318K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09172 | +0.015% | $33.7M | $105.2M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09172 | +0.011% | $32.4M | $33.9M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09177 | +0.065% | $6.5M | $24.5M | 50x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09180 | +0.098% | $25.6M | $19.5M | 200x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09181 | +0.109% | $16.9M | $15.1M | 75x | as long as short |
| BingX HBAR-USDTlong | +0.0100% | 8h | 0.09171 | long leg | — | $6.3M | — | |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09132 | −0.429% | $375K | $2.4M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09133 | −0.414% | $146K | $714K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09173 | +0.022% | $426 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09189 | +0.196% | $70K | $66K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09170 | −0.011% | $2.1M | $2.1M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09172 | +0.008% | $52K | $278K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09156 | −0.164% | $1.4M | $5.4M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0346% / S −0.0242% | 1h | 0.09177 | +0.067% | $79K | — | 100x | as long as short |
| Kraken Futures PF_HBARUSDshort | +0.0395% | 1h | 0.09180 | +0.095% | $1.4M | $2.6M | 50x |
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
MEXC HBAR_USDT
Bitget HBARUSDT
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]