Funding you earn now, next payment 04:00 UTC+0.0295%/8h= +32.3% APRpaid last 24h +0.099%
Price spread now: Kraken Futures against OKX+0.124%55s7-day average +0.113% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$450.448% of the position
Funding, last 7 days+0.213%+$21 on $10k
+Price spread, last 4 days (all we have)−0.075%−$8 · spread now +0.124%, 7d avg +0.113%
=The price spread sits at its 7-day average of +0.113%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX HBAR-USDT-SWAP | 0.09157 | 0.0100 | pay 0.0100% / 8h | 4h 36m | $6.5M | $24.4M | 50x |
| Short | Kraken Futures PF_HBARUSD | 0.09168 | 0.0395 | get 0.0049% / 1h | 36m 22s | $1.4M | $2.6M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against OKX. 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
- $62.04
- Price spread: +0.124% → +0.113%
- $1.11
- Slippage, 4 orders
- −$24.82
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $18.33
- Costs to cover
- 0.448%
- Break-even
- 4.9 days
Slippage from OKX: live order book, 2 min ago; Kraken Futures: live order book, 2 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 OKX live order book, 2 min ago | 0.55 bp | 9.4 bp −$9 | 20.3 bp −$203 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 4.91 bp | 13.3 bp −$13 | 23.6 bp −$236 | 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 | 0.09168 | +0.117% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09160 | +0.030% | $8K | — | 150x | as long as short |
| KuCoin HBARUSDTM | +0.0012% | 8h | 0.09158 | +0.011% | $7.1M | $7.2M | 75x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | +1.365% | $1K | $105K | 12x | as long as short |
| Gate HBAR_USDT | +0.0043% | 8h | 0.09155 | −0.022% | $2.4M | $2.8M | 75x | as long as short |
| Backpack HBAR_USDC_PERP | +0.0058% | 1h | 0.09166 | +0.098% | $37K | $201K | 15x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09158 | +0.011% | $220K | $2.1M | 50x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0077% | 1h | 0.09167 | +0.109% | $505K | $175K | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0080% | 8h | 0.09156 | −0.011% | $2K | $14K | 10x | as long as short |
| Variational Omni HBAR | +0.0085% | 8h | 0.09154 | −0.035% | $1.0M | $187K | — | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter HBAR | +0.0096% | 1h | 0.09159 | +0.022% | $557K | $596K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09166 | +0.093% | $8.6M | $2.7M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09160 | +0.038% | $210K | $318K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09157 | 0.000% | $33.6M | $105.1M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09158 | +0.011% | $32.3M | $33.9M | 75x | as long as short |
| OKX HBAR-USDT-SWAPlong | +0.0100% | 8h | 0.09157 | long leg | $6.5M | $24.4M | 50x | |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09156 | −0.011% | $25.6M | $19.5M | 200x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09151 | −0.066% | $16.8M | $15.1M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09156 | −0.011% | — | $6.3M | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09157 | +0.005% | $370K | $2.5M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09158 | +0.011% | $146K | $714K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09165 | +0.087% | $425 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09178 | +0.229% | $70K | $66K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09166 | +0.098% | $2.1M | $2.1M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09159 | +0.019% | $52K | $278K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09170 | +0.142% | $1.4M | $5.4M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0346% / S −0.0242% | 1h | 0.09159 | +0.017% | $79K | — | 100x | as long as short |
| Kraken Futures PF_HBARUSDshort | +0.0395% | 1h | 0.09168 | +0.124% | $1.4M | $2.6M | 50x |
OKX HBAR-USDT-SWAP
Kraken Futures PF_HBARUSD
gTrade (Gains Network) HBAR/USD
KuCoin HBARUSDTM
Injective HBAR/USDC PERP
Gate HBAR_USDT
Backpack HBAR_USDC_PERP
Coinbase International HBAR-PERP-INTX
Deribit HBAR_USDC-PERPETUAL
Variational Omni HBAR
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
MEXC HBAR_USDT
Bitget HBARUSDT
BingX HBAR-USDT
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]