Funding you earn now, next payment 07:00 UTC−0.0370%/8h= −40.5% APRnext payment −$0.46 per $10,000 · paid last 24h +0.100%
Price spread now: Kraken Futures against Extended+0.092%7-day average +0.116% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$420.421% of the position
Funding, last 7 days+0.268%+$27 on $10k
+Price spread, last 4 days (all we have)−0.035%−$3 · spread now +0.092%, 7d avg +0.116%
=Together, before fees+0.233%+ Points / potential airdropExtended: Active · farm board+$23 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Kraken Futures is 0.025% cheaper against Extended than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.116%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.268%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended HBAR-USD | 0.09292 | 0.0104 | pay 0.0013% / 1h | 19m 10s | $59K | $221K | 10x |
| Short | Kraken Futures PF_HBARUSD | 0.09301 | −0.0266 | pay 0.0033% / 1h | 19m 10s | $1.3M | $3.0M | 50x |
Extended HBAR-USD
Kraken Futures PF_HBARUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Extended. 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
- −$77.7
- Price spread: +0.092% → +0.116%
- −$2.46
- Slippage, 4 orders
- −$27.11
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$122.27
- Costs to cover
- 0.421%
- Break-even
- never at this rate
Slippage from Extended: live order book, 23 min ago; Kraken Futures: live order book, 5 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 Extended live order book, 23 min ago | 0.86 bp | 8.4 bp −$8 | 96.6 bp −$966 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 5 min ago | 4.86 bp | 12.1 bp −$12 | 23.4 bp −$234 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack HBAR_USDC_PERP | −0.0431% | 1h | 0.09299 | +0.075% | $35K | $201K | 15x | as long as short |
| Kraken Futures PF_HBARUSDshort | −0.0266% | 1h | 0.09301 | +0.092% | $1.3M | $3.0M | 50x | |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09297 | +0.050% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09301 | +0.097% | $512K | $178K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0011% | 1h | 0.09270 | −0.238% | $9K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | −0.108% | $1K | $103K | 12x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0078% | 8h | 0.09293 | +0.011% | $4K | $13K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0080% | 1h | 0.09295 | +0.032% | $211K | $2.3M | 50x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09297 | +0.054% | $560K | $600K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09308 | +0.174% | $8.7M | $3.7M | 5x | as long as short |
Backpack HBAR_USDC_PERP
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Orderly PERP_HBAR_USDC
Coinbase International HBAR-PERP-INTX
Lighter HBAR
Hyperliquid HBARShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HBARUSDT | +0.0100% | 8h | 0.09301 | +0.092% | $200K | $329K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09297 | +0.054% | $34.3M | $111.7M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09300 | +0.086% | $31.8M | $35.8M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09297 | +0.054% | $6.6M | $25.1M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09297 | +0.054% | $2.4M | $2.7M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09297 | +0.054% | $25.1M | $20.0M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09301 | +0.097% | $7.4M | $7.5M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09297 | +0.054% | $17.3M | $15.9M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09298 | +0.065% | — | $6.7M | — | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09262 | −0.324% | $1.0M | $185K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09255 | −0.393% | $370K | $3.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09267 | −0.269% | $150K | $704K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09298 | +0.065% | $432 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09308 | +0.172% | $71K | $70K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09296 | +0.043% | $2.1M | $2.1M | 50x | as long as short |
| Extended HBAR-USDlong | +0.0104% | 1h | 0.09292 | long leg | $59K | $221K | 10x | |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09301 | +0.097% | $1.5M | $5.7M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0359% / S −0.0261% | 1h | 0.09298 | +0.064% | $84K | — | 100x | as long as short |
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
MEXC HBAR_USDT
KuCoin HBARUSDTM
Bitget HBARUSDT
BingX HBAR-USDC
Variational Omni HBAR
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]