Funding you earn now, next payment 05:00 UTC+0.0254%/8h= +27.8% APRpaid last 24h +0.101%
Price spread now: Kraken Futures against Gate+0.192%7-day average +0.077% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$590.594% of the position
Funding, last 7 days+0.228%+$23 on $10k
+Price spread, last 4 days (all we have)−0.181%−$18 · spread now +0.192%, 7d avg +0.077%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Kraken Futures is 0.114% dearer against Gate than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.077%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate HBAR_USDT | 0.09471 | 0.0100 | pay 0.0100% / 8h | 3h 44m | $2.5M | $2.7M | 75x |
| Short | Kraken Futures PF_HBARUSD | 0.09489 | 0.0354 | get 0.0044% / 1h | 44m 51s | $1.4M | $2.9M | 50x |
Gate HBAR_USDT
Kraken Futures PF_HBARUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Gate. 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
- $53.36
- Price spread: +0.192% → +0.077%
- $11.45
- Slippage, 4 orders
- −$34.42
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $5.39
- Costs to cover
- 0.594%
- Break-even
- 6.3 days
Slippage from Gate: live order book, 3 min ago; Kraken Futures: live order book, 4 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 Gate live order book, 3 min ago | 3.69 bp | 19.1 bp −$19 | 64.9 bp −$649 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 4 min ago | 5.27 bp | 10.3 bp −$10 | 21.8 bp −$218 | 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 | 0.09480 | +0.092% | $31K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0011% | 1h | 0.09483 | +0.122% | $9K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | −1.996% | $1K | $105K | 12x | as long as short |
| KuCoin HBARUSDTM | +0.0070% | 8h | 0.09475 | +0.042% | $7.5M | $7.4M | 75x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0080% | 8h | 0.09478 | +0.074% | $3K | $14K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0080% | 1h | 0.09475 | +0.042% | $230K | $2.3M | 50x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09482 | +0.116% | $573K | $610K | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09476 | +0.051% | $216K | $324K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09473 | +0.021% | $35.1M | $108.8M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09475 | +0.042% | $33.5M | $35.0M | 75x | as long as short |
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
KuCoin HBARUSDTM
Orderly PERP_HBAR_USDC
Coinbase International HBAR-PERP-INTX
Lighter HBAR
Aster HBARUSDT
Binance 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 | 0.09476 | +0.053% | $6.7M | $25.8M | 50x | as long as short |
| Gate HBAR_USDTlong | +0.0100% | 8h | 0.09471 | long leg | $2.5M | $2.7M | 75x | |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09476 | +0.053% | $26.3M | $19.5M | 200x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09475 | +0.042% | $17.4M | $15.2M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09474 | +0.032% | — | $6.5M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09482 | +0.116% | $39K | $201K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09472 | +0.009% | $1.0M | $187K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09443 | −0.297% | $384K | $2.6M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09477 | +0.063% | $153K | $711K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09483 | +0.127% | $440 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09489 | +0.190% | $72K | $68K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09479 | +0.084% | $2.2M | $2.2M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09473 | +0.018% | $50K | $277K | 10x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0172% | 1h | 0.09490 | +0.201% | $523K | $190K | 50x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09483 | +0.127% | $1.5M | $5.5M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0346% / S −0.0235% | 1h | 0.09482 | +0.119% | $80K | — | 100x | as long as short |
| Kraken Futures PF_HBARUSDshort | +0.0354% | 1h | 0.09489 | +0.192% | $1.4M | $2.9M | 50x | |
| Hyperliquid HBAR | +0.0723% | 1h | 0.09493 | +0.235% | $9.6M | $3.2M | 5x | as long as short |
OKX HBAR-USDT-SWAP
MEXC HBAR_USDT
Bitget HBARUSDT
BingX HBAR-USDT
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]
Hyperliquid HBAR