Funding you earn now, next payment 05:00 UTC−0.0278%/8h= −30.4% APRpaid last 24h −0.097%
Price spread now: Orderly against Kraken Futures−0.074%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Orderly is 0.074% cheaper against Kraken Futures than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_HBARUSD | 0.09382 | 0.0358 | pay 0.0045% / 1h | 17m 43s | $1.3M | $2.9M | 50x |
| Short | Orderly PERP_HBAR_USDC | 0.09375 | 0.0080 | get 0.0080% / 8h | 3h 17m | $2K | $14K | 10x |
Kraken Futures PF_HBARUSD
Orderly PERP_HBAR_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$58.38
- Price spread: −0.074% → 0.000%
- −$7.39
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$81.77
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 1 min ago; Orderly: no order-book sample. Net counts fees only.
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 | 6.40 bp | 12.0 bp −$12 | 25.2 bp −$252 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.09378 | −0.043% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09382 | +0.001% | $517K | $190K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0011% | 1h | 0.09379 | −0.035% | $9K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | −1.065% | $1K | $105K | 12x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0080% | 1h | 0.09391 | +0.097% | $231K | $2.3M | 50x | as long as short |
| Orderly PERP_HBAR_USDCshort | +0.0080% | 8h | 0.09375 | −0.074% | $2K | $14K | 10x | |
| Lighter HBAR | +0.0096% | 1h | 0.09378 | −0.042% | $565K | $616K | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09382 | +0.002% | $201K | $336K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09374 | −0.080% | $34.7M | $110.1M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09373 | −0.095% | $33.1M | $35.2M | 75x | as long as short |
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
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 | 0.09375 | −0.074% | $6.6M | $25.7M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09379 | −0.031% | $2.4M | $2.7M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09377 | −0.053% | $26.0M | $19.8M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09380 | −0.021% | $7.5M | $7.4M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09377 | −0.053% | $17.1M | $15.6M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09376 | −0.063% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09380 | −0.021% | $38K | $199K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09391 | +0.095% | $1.0M | $188K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09391 | +0.099% | $388K | $2.8M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09398 | +0.171% | $151K | $713K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09376 | −0.063% | $435 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09388 | +0.065% | $71K | $68K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09382 | +0.001% | $2.2M | $2.2M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09371 | −0.113% | $48K | $276K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09390 | +0.086% | $1.5M | $5.6M | 90x | as long as short |
| Kraken Futures PF_HBARUSDlong | +0.0358% | 1h | 0.09382 | long leg | $1.3M | $2.9M | 50x | |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0607% / S −0.0638% | 1h | 0.09377 | −0.049% | $155K | — | 100x | as long as short |
| Hyperliquid HBAR | +0.0609% | 1h | 0.09395 | +0.135% | $9.4M | $3.3M | 5x | as long as short |
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
MEXC HBAR_USDT
KuCoin HBARUSDTM
Bitget HBARUSDT
BingX HBAR-USDC
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
GMX HBAR/USD [WBTC.b-USDC]
Hyperliquid HBAR