Funding you earn now, next payment 05:00 UTC−0.0263%/8h= −28.8% APRpaid last 24h −0.114%
Price spread now: KuCoin against Kraken Futures−0.019%7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$720.719% of the position
Funding, last 7 days−0.286%−$29 on $10k
+Price spread, last 4 days (all we have)−0.004%$0 · spread now −0.019%, 7d avg −0.075%
=The price spread pays, funding is against you. KuCoin is 0.056% dearer against Kraken Futures than usual: you sell high and buy low (spread −0.019% now, against its 7-day average of −0.075%): +$6 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 17 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_HBARUSD | 0.09259 | 0.0363 | pay 0.0045% / 1h | 3m 03s | $1.3M | $3.0M | 50x |
| Short | KuCoin HBARUSDTM | 0.09257 | 0.0100 | get 0.0100% / 8h | 3h 03m | $7.4M | $7.5M | 75x |
Kraken Futures PF_HBARUSD
KuCoin HBARUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$55.21
- Price spread: −0.019% → −0.075%
- $5.57
- Slippage, 4 orders
- −$49.89
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$121.53
- Costs to cover
- 0.719%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 1 min ago; KuCoin: live order book, 10 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, 1 min ago | 7.02 bp | 17.2 bp −$17 | 23.2 bp −$232 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 3.20 bp | 13.7 bp −$14 | 42.9 bp −$429 | 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 | 0.09275 | +0.179% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09263 | +0.046% | $510K | $192K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0011% | 1h | 0.09260 | +0.012% | $9K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | +0.251% | $1K | $105K | 12x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0080% | 8h | 0.09255 | −0.041% | $2K | $14K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0080% | 1h | 0.09258 | −0.008% | $221K | $2.4M | 50x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09256 | −0.030% | $558K | $619K | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09262 | +0.032% | $199K | $335K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09260 | +0.013% | $34.1M | $111.5M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09260 | +0.013% | $32.5M | $35.5M | 75x | as long as short |
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
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 | 0.09260 | +0.013% | $6.5M | $25.7M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09256 | −0.030% | $2.4M | $2.8M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09256 | −0.030% | $25.6M | $19.9M | 200x | as long as short |
| KuCoin HBARUSDTMshort | +0.0100% | 8h | 0.09257 | −0.019% | $7.4M | $7.5M | 75x | |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09259 | +0.003% | $16.9M | $15.8M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09257 | −0.019% | — | $6.5M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09256 | −0.030% | $33K | $202K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09293 | +0.369% | $1.0M | $188K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09276 | +0.186% | $380K | $2.8M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09272 | +0.143% | $150K | $711K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09255 | −0.041% | $430 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09271 | +0.132% | $70K | $68K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09260 | +0.013% | $2.1M | $2.2M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09255 | −0.036% | $48K | $231K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09256 | −0.030% | $1.5M | $5.5M | 90x | as long as short |
| Kraken Futures PF_HBARUSDlong | +0.0363% | 1h | 0.09259 | long leg | $1.3M | $3.0M | 50x | |
| Hyperliquid HBAR | +0.0533% | 1h | 0.09270 | +0.124% | $8.7M | $3.7M | 5x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0618% / S −0.0663% | 1h | 0.09258 | −0.010% | $157K | — | 100x | as long as short |
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
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
BloFin HBAR-USDT
Hyperliquid HBAR
GMX HBAR/USD [WBTC.b-USDC]