Funding you earn now, next payment 06:00 UTC−0.1523%/8h= −166.8% APRnext payment −$1.90 per $10,000 · paid last 24h −0.306%
Price spread now: Kraken Futures against Hyperliquid−0.069%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$46 a day on $10k at the current rate, and Kraken Futures is 0.069% cheaper against Hyperliquid 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 | Hyperliquid AIXBT | 0.02264 | 0.0100 | pay 0.0013% / 1h | 33m 44s | $386K | $205K | 3x |
| Short | Kraken Futures PF_AIXBTUSD | 0.02263 | −0.1423 | pay 0.0178% / 1h | 33m 44s | $18K | $5K | 10x |
Hyperliquid AIXBT
Kraken Futures PF_AIXBTUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Hyperliquid. 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
- −$319.89
- Price spread: −0.069% → 0.000%
- −$6.85
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$345.75
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 36 min ago; Kraken Futures: 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 Hyperliquid live order book, 36 min ago | 1.94 bp | 14.3 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
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.
AIXBT on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AIXBTUSDshort | −0.1423% | 1h | 0.02263 | −0.069% | $18K | $5K | 10x | |
| Variational Omni AIXBT | −0.0073% | 4h | 0.02271 | +0.302% | $100K | $10K | — | as long as short |
| BloFin AIXBT-USDT | +0.0051% | 4h | 0.02277 | +0.561% | $121K | $82K | 50x | as long as short |
| Hyperliquid AIXBTlong | +0.0100% | 1h | 0.02264 | long leg | $386K | $205K | 3x | |
| Binance AIXBTUSDT | +0.0100% | 4h | 0.02261 | −0.131% | $2.4M | $3.6M | 50x | as long as short |
| Bybit AIXBTUSDT | +0.0100% | 4h | 0.02259 | −0.216% | $1.2M | $1.1M | 25x | as long as short |
| OKX AIXBT-USDT-SWAP | +0.0100% | 4h | 0.02260 | −0.190% | $460K | $1.7M | 20x | as long as short |
| Gate AIXBT_USDT | +0.0100% | 4h | 0.02271 | +0.296% | $219K | $95K | 25x | as long as short |
| MEXC AIXBT_USDT | +0.0100% | 4h | 0.02264 | −0.013% | $668K | $245K | 100x | as long as short |
| KuCoin AIXBTUSDTM | +0.0100% | 4h | 0.02270 | +0.252% | $1.2M | $1.4M | 30x | as long as short |
Variational Omni AIXBT
BloFin AIXBT-USDT
Binance AIXBTUSDT
Bybit AIXBTUSDT
OKX AIXBT-USDT-SWAP
Gate AIXBT_USDT
MEXC AIXBT_USDT
KuCoin AIXBTUSDTMShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget AIXBTUSDT | +0.0100% | 4h | 0.02265 | +0.031% | $639K | $582K | 20x | as long as short |
| BingX AIXBT-USDT | +0.0100% | 4h | 0.02269 | +0.208% | — | $6.6M | — | as long as short |
| GMX AIXBT/USD [ETH-USDC] | L +0.0271% / S −0.0486% | 1h | 0.02265 | +0.026% | $5K | — | 100x | as long as short |
| Reya AIXBTRUSDPERP | +0.0372% | 1h | 0.02263 | −0.062% | — | — | — | as long as short |
Bitget AIXBTUSDT
BingX AIXBT-USDT
GMX AIXBT/USD [ETH-USDC]
Reya AIXBTRUSDPERP