Funding you earn now, next payment 02:00 UTC−0.0034%/8h= −3.7% APRpaid last 24h −0.119%
Price spread now: Gate against Kraken Futures−0.024%7-day average −0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$550.552% of the position
Funding, last 7 days−0.225%−$22 on $10k
+Price spread, last 3 days (all we have)−0.023%−$2 · spread now −0.024%, 7d avg −0.077%
=The price spread pays, funding is against you. Gate is 0.053% dearer against Kraken Futures than usual: you sell high and buy low (spread −0.024% now, against its 7-day average of −0.077%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.2 days. At the pace of the last 7 days (−0.225% in total) that is about 40 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_HBARUSD | 0.09230 | 0.0069 | pay 0.0009% / 1h | 19m 32s | $1.4M | $2.4M | 50x |
| Short | Gate HBAR_USDT | 0.09228 | 0.0035 | get 0.0035% / 8h | 6h 19m | $2.4M | $3.0M | 75x |
Kraken Futures PF_HBARUSD
Gate HBAR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Kraken Futures. 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
- −$7.14
- Price spread: −0.024% → −0.077%
- $5.28
- Slippage, 4 orders
- −$30.22
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$57.08
- Costs to cover
- 0.552%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 4 min ago; Gate: 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 Kraken Futures live order book, 4 min ago | 4.87 bp | 13.2 bp −$13 | 23.3 bp −$233 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 2.16 bp | 15.4 bp −$15 | 51.0 bp −$510 | doesn't fit | doesn't fit |
HBAR on 27 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HBARUSDTM | −0.0066% | 8h | 0.09233 | +0.030% | $7.2M | $7.4M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09235 | +0.048% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09229 | −0.018% | $8K | — | 150x | as long as short |
| ApeX Omni HBARUSDT | +0.0010% | 1h | 0.09250 | +0.214% | $148K | $713K | 50x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | +0.561% | $1K | $106K | 12x | as long as short |
| Gate HBAR_USDTshort | +0.0035% | 8h | 0.09228 | −0.024% | $2.4M | $3.0M | 75x | |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09219 | −0.122% | $218K | $2.1M | 50x | as long as short |
| Variational Omni HBAR | +0.0066% | 8h | 0.09240 | +0.103% | $1.0M | $187K | — | as long as short |
| Kraken Futures PF_HBARUSDlong | +0.0069% | 1h | 0.09230 | long leg | $1.4M | $2.4M | 50x | |
| Extended HBAR-USD | +0.0072% | 1h | 0.09227 | −0.040% | $47K | $278K | 10x | as long as short |
KuCoin HBARUSDTM
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
ApeX Omni HBARUSDT
Injective HBAR/USDC PERP
Coinbase International HBAR-PERP-INTX
Variational Omni HBAR
Extended HBAR-USDShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC HBAR_USDT | +0.0075% | 8h | 0.09231 | +0.008% | $26.1M | $22.0M | 200x | as long as short |
| Binance HBARUSDT | +0.0075% | 8h | 0.09232 | +0.019% | $34.3M | $104.6M | 75x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09224 | −0.068% | $2K | $17K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09232 | +0.019% | $561K | $596K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09244 | +0.144% | $8.8M | $2.7M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09233 | +0.032% | $211K | $322K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09232 | +0.019% | $32.7M | $34.6M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09228 | −0.024% | $6.7M | $24.5M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09230 | −0.003% | $17.0M | $14.9M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09228 | −0.024% | — | $6.2M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09236 | +0.062% | $32K | $119K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09248 | +0.192% | $379K | $2.2M | 10x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09226 | −0.046% | $428 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09237 | +0.073% | $71K | $66K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09227 | −0.035% | $2.1M | $2.2M | 50x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0183% | 1h | 0.09234 | +0.041% | $508K | $151K | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0487% / S −0.0549% | 1h | 0.09228 | −0.020% | $114K | — | 100x | as long as short |
MEXC HBAR_USDT
Binance HBARUSDT
Orderly PERP_HBAR_USDC
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDT
Backpack HBAR_USDC_PERP
GRVT HBAR_USDT_Perp
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Deribit HBAR_USDC-PERPETUAL
GMX HBAR/USD [WBTC.b-USDC]