Funding you earn now, next payment 08:00 UTC−0.0243%/8h= −26.6% APRpaid last 24h +0.077%
Price spread now: Kraken Futures against Bybit+0.086%7-day average +0.097% · 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−$57as in the Price arb table
costs, in and out, $10k−$560.564% of the position
Funding, last 7 days+0.286%+$29 on $10k
+Price spread, last 4 days (all we have)−0.018%−$2 · spread now +0.086%, 7d avg +0.097%
=The price spread sits at its 7-day average of +0.097%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.286%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit HBARUSDT | 0.09504 | 0.0100 | pay 0.0100% / 8h | 10m 25s | $32.8M | $36.5M | 75x |
| Short | Kraken Futures PF_HBARUSD | 0.09512 | −0.0143 | pay 0.0018% / 1h | 10m 25s | $1.3M | $3.0M | 50x |
Bybit HBARUSDT
Kraken Futures PF_HBARUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Bybit. 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
- −$51.04
- Price spread: +0.086% → +0.097%
- −$1.07
- Slippage, 4 orders
- −$35.36
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$108.47
- Costs to cover
- 0.564%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 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 Bybit live order book, 3 min ago | 0.53 bp | 10.3 bp −$10 | 21.1 bp −$211 | 70.0 bp −$7,004 | doesn't fit |
| Sell Kraken Futures live order book, 3 min ago | 6.86 bp | 17.0 bp −$17 | 22.7 bp −$227 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_HBARUSDshort | −0.0143% | 1h | 0.09512 | +0.086% | $1.3M | $3.0M | 50x | |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09510 | +0.063% | $524K | $178K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0008% | 1h | 0.09507 | +0.032% | $11K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | −2.336% | $1K | $103K | 12x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0080% | 1h | 0.09492 | −0.126% | $215K | $2.5M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0081% | 8h | 0.09504 | 0.000% | $2K | $12K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09509 | +0.053% | $571K | $601K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09522 | +0.186% | $8.8M | $3.6M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09510 | +0.063% | $204K | $323K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09505 | +0.009% | $35.4M | $112.9M | 75x | as long as short |
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Coinbase International HBAR-PERP-INTX
Orderly PERP_HBAR_USDC
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Binance HBARUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit HBARUSDTlong | +0.0100% | 8h | 0.09504 | long leg | $32.8M | $36.5M | 75x | |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09506 | +0.021% | $6.7M | $25.7M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09504 | 0.000% | $2.5M | $2.8M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09510 | +0.063% | $26.4M | $20.2M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09509 | +0.053% | $7.6M | $7.5M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09506 | +0.021% | $17.4M | $16.7M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09504 | 0.000% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09494 | −0.105% | $38K | $199K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09489 | −0.155% | $1.1M | $179K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09470 | −0.360% | $381K | $3.2M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09477 | −0.284% | $154K | $700K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09508 | +0.042% | $441 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09498 | −0.063% | $72K | $72K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09490 | −0.147% | $2.4M | $2.4M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09500 | −0.046% | $49K | $305K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09486 | −0.189% | $1.5M | $5.8M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0365% / S −0.0262% | 1h | 0.09508 | +0.038% | $86K | — | 100x | as long as short |
| dYdX HBAR-USD | +0.1828% | 1h | 0.09502 | −0.022% | $31K | $7K | 5x | as long as short |
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
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
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]
dYdX HBAR-USD