HBAR

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0159%/8h= +17.4% APRnext payment +$0.20 per $10,000 · paid last 24h +0.096%

Price spread now: Kraken Futures against Coinbase International+0.030%7-day average +0.063% · you sell dearer than you buy

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$490.488% of the position

Long on Coinbase International Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.257%+$26 on $10k

Price spread, last 4 days (all we have)+0.031%+$3 · spread now +0.030%, 7d avg +0.063%

Together, before fees+0.289%+$29 on $10k · with fees, hour by hour

Funding pays, the price is against you. Kraken Futures is 0.033% cheaper against Coinbase International than usual: you would sell low and buy high (spread +0.030% now, against its 7-day average of +0.063%). If the spread goes back, that is −$3 on $10k: about 17 hours of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International HBAR-PERP-INTX	0.09212	0.0088	pay 0.0011% / 1h	47m 00s	$220K	$2.4M	50x
Short	Kraken Futures PF_HBARUSD	0.09215	0.0247	get 0.0031% / 1h	47m 00s	$1.3M	$3.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Coinbase International. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee Kraken FuturesbpOrdersPrice spread, now +0.030%Rate

Funding earned: $33.3
Price spread: +0.030% → +0.063%: −$3.3
Slippage, 4 orders: −$28.79
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$18.79
Costs to cover: 0.488%
Break-even: 11.0 days

Slippage from Coinbase International: live order book, 2 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 Coinbase International live order book, 2 min ago	1.63 bp	12.4 bp −$12	18.0 bp −$180	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 2 min ago	3.79 bp	13.4 bp −$13	25.2 bp −$252	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
Backpack HBAR_USDC_PERP	−0.0001%	1h	0.09214	+0.022%	$33K	$202K	15x	as long as short
dYdX HBAR-USD	0.0000%	1h	0.09222	+0.104%	$30K	$4K	5x	as long as short
Deribit HBAR_USDC-PERPETUAL	0.0000%	1h	0.09218	+0.065%	$508K	$192K	50x	as long as short
ApeX Omni HBARUSDT	+0.0005%	1h	0.09227	+0.163%	$150K	$708K	50x	as long as short
gTrade (Gains Network) HBAR/USD	L +0.0007% / S −0.0011%	1h	0.09213	+0.007%	$9K	—	150x	as long as short
Injective HBAR/USDC PERP	+0.0033%	1h	0.09282	+0.760%	$1K	$103K	12x	as long as short
Orderly PERP_HBAR_USDC	+0.0080%	8h	0.09210	−0.022%	$2K	$14K	10x	as long as short
Coinbase International HBAR-PERP-INTXlong	+0.0088%	1h	0.09212	long leg	$220K	$2.4M	50x
Lighter HBAR	+0.0096%	1h	0.09213	+0.011%	$556K	$611K	5x	as long as short
Hyperliquid HBAR	+0.0100%	1h	0.09221	+0.102%	$8.6M	$3.6M	5x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster HBARUSDT	+0.0100%	8h	0.09216	+0.049%	$198K	$335K	50x	as long as short
Binance HBARUSDT	+0.0100%	8h	0.09210	−0.022%	$33.8M	$111.3M	75x	as long as short
Bybit HBARUSDT	+0.0100%	8h	0.09214	+0.022%	$32.1M	$35.5M	75x	as long as short
OKX HBAR-USDT-SWAP	+0.0100%	8h	0.09214	+0.022%	$6.5M	$25.5M	50x	as long as short
Gate HBAR_USDT	+0.0100%	8h	0.09212	0.000%	$2.4M	$2.7M	75x	as long as short
MEXC HBAR_USDT	+0.0100%	8h	0.09208	−0.043%	$25.3M	$19.4M	200x	as long as short
KuCoin HBARUSDTM	+0.0100%	8h	0.09212	0.000%	$7.3M	$7.5M	75x	as long as short
Bitget HBARUSDT	+0.0100%	8h	0.09213	+0.011%	$17.0M	$15.9M	75x	as long as short
BingX HBAR-USDC	+0.0100%	8h	0.09214	+0.022%	—	$6.7M	—	as long as short
Variational Omni HBAR	+0.0100%	8h	0.09228	+0.172%	$1.0M	$188K	—	as long as short
GRVT HBAR_USDT_Perp	+0.0100%	8h	0.09229	+0.185%	$373K	$2.8M	10x	as long as short
SoDEX HBAR-USD	+0.0100%	1h	0.09212	0.000%	$428	$5K	5x	as long as short
HTX HBAR-USDT	+0.0100%	8h	0.09227	+0.163%	$70K	$68K	20x	as long as short
Phemex HBARUSDT	+0.0100%	8h	0.09213	+0.011%	$2.1M	$2.2M	50x	as long as short
Extended HBAR-USD	+0.0104%	1h	0.09208	−0.048%	$47K	$230K	10x	as long as short
BloFin HBAR-USDT	+0.0220%	8h	0.09205	−0.076%	$1.5M	$5.6M	90x	as long as short
Kraken Futures PF_HBARUSDshort	+0.0247%	1h	0.09215	+0.030%	$1.3M	$3.0M	50x
GMX HBAR/USD [WBTC.b-USDC]	L +0.0616% / S −0.0663%	1h	0.09211	−0.012%	$156K	—	100x	as long as short