Funding you earn now, next payment 06:00 UTC+0.0142%/8h= +15.6% APRnext payment +$0.18 per $10,000 · paid last 24h +0.106%
Price spread now: Kraken Futures against Extended+0.173%7-day average +0.116% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$420.418% of the position
Funding, last 7 days+0.268%+$27 on $10k
+Price spread, last 4 days (all we have)−0.106%−$11 · spread now +0.173%, 7d avg +0.116%
=Together, before fees+0.162%+ Points / potential airdropExtended: Active · farm board+$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Kraken Futures is 0.057% dearer against Extended than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.116%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended HBAR-USD | 0.09215 | 0.0104 | pay 0.0013% / 1h | 47m 54s | $47K | $230K | 10x |
| Short | Kraken Futures PF_HBARUSD | 0.09231 | 0.0246 | get 0.0031% / 1h | 47m 54s | $1.3M | $3.0M | 50x |
Extended HBAR-USD
Kraken Futures PF_HBARUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Extended. 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
- $29.84
- Price spread: +0.173% → +0.116%
- $5.66
- Slippage, 4 orders
- −$26.78
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$6.27
- Costs to cover
- 0.418%
- Break-even
- 8.5 days
Slippage from Extended: live order book, 64 min ago; Kraken Futures: live order book, 6 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 Extended live order book, 64 min ago | 0.79 bp | 8.2 bp −$8 | 76.9 bp −$769 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 6 min ago | 5.42 bp | 13.0 bp −$13 | 23.4 bp −$234 | 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 | 0.09221 | +0.057% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09235 | +0.213% | $509K | $192K | 50x | as long as short |
| ApeX Omni HBARUSDT | +0.0005% | 1h | 0.09227 | +0.126% | $150K | $708K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0011% | 1h | 0.09227 | +0.124% | $9K | — | 150x | as long as short |
| Backpack HBAR_USDC_PERP | +0.0015% | 1h | 0.09226 | +0.115% | $33K | $202K | 15x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | +0.723% | $1K | $103K | 12x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0080% | 8h | 0.09221 | +0.061% | $2K | $14K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0088% | 1h | 0.09223 | +0.083% | $221K | $2.4M | 50x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09227 | +0.126% | $557K | $611K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09229 | +0.152% | $8.6M | $3.6M | 5x | as long as short |
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
ApeX Omni HBARUSDT
gTrade (Gains Network) HBAR/USD
Backpack HBAR_USDC_PERP
Injective HBAR/USDC PERP
Orderly PERP_HBAR_USDC
Coinbase International HBAR-PERP-INTX
Lighter HBAR
Hyperliquid HBARShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HBARUSDT | +0.0100% | 8h | 0.09221 | +0.060% | $198K | $335K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09215 | −0.004% | $33.9M | $111.4M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09217 | +0.018% | $32.2M | $35.6M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09218 | +0.029% | $6.5M | $25.5M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09220 | +0.050% | $2.4M | $2.7M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09218 | +0.029% | $25.3M | $19.3M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09226 | +0.115% | $7.3M | $7.5M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09222 | +0.072% | $17.0M | $15.9M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09215 | −0.004% | — | $6.7M | — | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09228 | +0.136% | $1.0M | $188K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09229 | +0.148% | $373K | $2.8M | 10x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09227 | +0.126% | $428 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09234 | +0.202% | $70K | $68K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09227 | +0.126% | $2.1M | $2.2M | 50x | as long as short |
| Extended HBAR-USDlong | +0.0104% | 1h | 0.09215 | long leg | $47K | $230K | 10x | |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09215 | −0.004% | $1.5M | $5.6M | 90x | as long as short |
| Kraken Futures PF_HBARUSDshort | +0.0246% | 1h | 0.09231 | +0.173% | $1.3M | $3.0M | 50x | |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0615% / S −0.0663% | 1h | 0.09227 | +0.132% | $156K | — | 100x | as long as short |
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
MEXC HBAR_USDT
KuCoin HBARUSDTM
Bitget HBARUSDT
BingX HBAR-USDC
Variational Omni HBAR
GRVT HBAR_USDT_Perp
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]