Funding spread now, next payment 18:00 UTC−0.6685%/8h
next payment, per $10,000−$8.36paid, last 24h−0.283%paid, last 4 days−0.361%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 -0.361% in total (about -35.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$8.36 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_NOTUSD | 0.0005022 | 0.6785 | pay 0.0848% / 1h | 23m 45s | $49K | $8K | 10x |
| Short | Hyperliquid NOT | 0.0004990 | 0.0100 | get 0.0013% / 1h | 23m 45s | $367K | $68K | 3x |
Kraken Futures PF_NOTUSD
Hyperliquid NOTFunding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$1,403.75
- 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
- −$1,422.75
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Hyperliquid: live order book, 37 min ago. Net counts fees only.
Price risk
price view- Price gap now
- −0.631%
- 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, 37 min ago | 9.95 bp | 27.9 bp −$28 | 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.
NOT on 16 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Variational Omni NOT | −0.0134% | 4h | $61K | $48K | — | as long as short |
| Injective NOT/USDC PERP | +0.0033% | 1h | $1K | $21K | 5.5x | as long as short |
| Lighter 1000NOT | +0.0096% | 1h | $11K | $5K | 3x | as long as short |
| Hyperliquid NOTshort | +0.0100% | 1h | $367K | $68K | 3x | |
| Aster NOTUSDT | +0.0100% | 4h | $14K | $23K | 5x | as long as short |
| Binance NOTUSDT | +0.0100% | 4h | $2.0M | $3.4M | 50x | as long as short |
| Bybit NOTUSDT | +0.0100% | 4h | $2.1M | $1.0M | 25x | as long as short |
| OKX NOT-USDT-SWAP | +0.0100% | 4h | $590K | $668K | 20x | as long as short |
| Gate NOT_USDT | +0.0100% | 4h | $140K | $93K | 50x | as long as short |
| MEXC NOT_USDT | +0.0100% | 4h | $1.4M | $461K | 200x | as long as short |
Variational Omni NOT
Injective NOT/USDC PERP
Lighter 1000NOT
Aster NOTUSDT
Binance NOTUSDT
Bybit NOTUSDT
OKX NOT-USDT-SWAP
Gate NOT_USDT
MEXC NOT_USDTShow all 16 venues
| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| KuCoin NOTUSDTM | +0.0100% | 4h | $483K | $140K | 50x | as long as short |
| Bitget NOTUSDT | +0.0100% | 4h | $642K | $443K | 50x | as long as short |
| BingX NOT-USDT | +0.0100% | 4h | — | $7.4M | — | as long as short |
| Extended kNOT-USD | +0.0104% | 1h | $4K | $2K | 5x | as long as short |
| BloFin NOT-USDT | +0.0120% | 4h | $113K | $19K | 50x | as long as short |
| Kraken Futures PF_NOTUSDlong | +0.6785% | 1h | $49K | $8K | 10x |
KuCoin NOTUSDTM
Bitget NOTUSDT
BingX NOT-USDT
Extended kNOT-USD
BloFin NOT-USDT