Funding spread now, next payment 17:00 UTC−3.6421%/8h
next payment, per $10,000−$45.53paid, last 24h−3.856%paid, last 4 days−11.243%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 4 days it paid -11.243% in total (about -1123.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$45.53 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_IOUSD | 0.1498 | 3.6521 | pay 0.4565% / 1h | 18m 50s | $41K | $19K | 10x |
| Short | Hyperliquid IO | 0.1495 | 0.0100 | get 0.0013% / 1h | 18m 50s | $1.0M | $414K | 3x |
Kraken Futures PF_IOUSD
Hyperliquid IOFunding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$7,648.41
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$7,667.41
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Hyperliquid: live order book, 3 min ago. Net counts fees only.
Price risk
price view- Price gap now
- −0.163%
- Avg gap 7d
- —
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost 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 no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 3 min ago | 2.00 bp | 29.3 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
Kraken Futures: 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.
IO on 14 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Injective IO/USDC PERP | −0.1796% | 1h | $2K | $63K | 5.5x | as long as short |
| Hyperliquid IOshort | +0.0100% | 1h | $1.0M | $414K | 3x | |
| Aster IOUSDT | +0.0100% | 4h | $13K | $25K | 5x | as long as short |
| Binance IOUSDT | +0.0100% | 4h | $3.0M | $6.6M | 50x | as long as short |
| Bybit IOUSDT | +0.0100% | 4h | $1.1M | $962K | 25x | as long as short |
| Gate IO_USDT | +0.0100% | 4h | $227K | $549K | 50x | as long as short |
| MEXC IO_USDT | +0.0100% | 4h | $1.1M | $244K | 125x | as long as short |
| KuCoin IOUSDTM | +0.0100% | 4h | $443K | $606K | 50x | as long as short |
| Bitget IOUSDT | +0.0100% | 4h | $1.4M | $1.2M | 50x | as long as short |
| BingX IO-USDT | +0.0100% | 4h | — | $1.3M | — | as long as short |
Injective IO/USDC PERP
Aster IOUSDT
Binance IOUSDT
Bybit IOUSDT
Gate IO_USDT
MEXC IO_USDT
KuCoin IOUSDTM
Bitget IOUSDT
BingX IO-USDTShow all 14 venues
| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Variational Omni IO | +0.0100% | 4h | $30K | $5K | — | as long as short |
| Extended IO-USD | +0.0104% | 1h | $5K | $171K | 5x | as long as short |
| BloFin IO-USDT | +0.0120% | 4h | $195K | $32K | 50x | as long as short |
| Kraken Futures PF_IOUSDlong | +3.6521% | 1h | $41K | $19K | 10x |
Variational Omni IO
Extended IO-USD
BloFin IO-USDT