Funding you earn now, next payment 08:00 UTC−0.0243%/8h= −26.7% APRpaid last 24h +0.082%
Price spread now: Kraken Futures against Gate+0.107%7-day average +0.076% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$680.678% of the position
Funding, last 7 days+0.225%+$23 on $10k
+Price spread, last 4 days (all we have)−0.060%−$6 · spread now +0.107%, 7d avg +0.076%
=The price spread pays, funding is against you. Kraken Futures is 0.031% dearer against Gate than usual: you sell high and buy low (spread +0.107% now, against its 7-day average of +0.076%): +$3 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 10 hours. Mind the row above: over the last 7 days funding on this pair paid +0.225%, 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 | Gate HBAR_USDT | 0.09474 | 0.0100 | pay 0.0100% / 8h | 16m 58s | $2.5M | $2.8M | 75x |
| Short | Kraken Futures PF_HBARUSD | 0.09484 | −0.0143 | pay 0.0018% / 1h | 16m 58s | $1.3M | $2.9M | 50x |
Gate HBAR_USDT
Kraken Futures PF_HBARUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Gate. 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
- −$51.13
- Price spread: +0.107% → +0.076%
- $3.09
- Slippage, 4 orders
- −$42.77
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$115.82
- Costs to cover
- 0.678%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 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 Gate live order book, 1 min ago | 3.69 bp | 17.5 bp −$17 | 54.5 bp −$545 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 8.40 bp | 15.1 bp −$15 | 24.8 bp −$248 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_HBARUSDshort | −0.0143% | 1h | 0.09484 | +0.107% | $1.3M | $2.9M | 50x | |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0008% | 1h | 0.09481 | +0.071% | $11K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | −2.027% | $1K | $103K | 12x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0080% | 8h | 0.09477 | +0.032% | $2K | $12K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0080% | 1h | 0.09485 | +0.116% | $214K | $2.4M | 50x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09479 | +0.053% | $571K | $600K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09494 | +0.206% | $8.8M | $3.6M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09479 | +0.057% | $204K | $323K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09474 | +0.003% | $35.2M | $112.3M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09473 | −0.011% | $32.7M | $36.1M | 75x | as long as short |
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Orderly PERP_HBAR_USDC
Coinbase International HBAR-PERP-INTX
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09473 | −0.011% | $6.7M | $25.5M | 50x | as long as short |
| Gate HBAR_USDTlong | +0.0100% | 8h | 0.09474 | long leg | $2.5M | $2.8M | 75x | |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09475 | +0.011% | $26.3M | $20.2M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09478 | +0.042% | $7.6M | $7.4M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09471 | −0.032% | $17.5M | $16.2M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09474 | 0.000% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09483 | +0.095% | $36K | $199K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09429 | −0.477% | $1.0M | $178K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09500 | +0.274% | $385K | $3.2M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09497 | +0.243% | $154K | $701K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09479 | +0.053% | $440 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09496 | +0.232% | $72K | $71K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09482 | +0.084% | $2.4M | $2.4M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09471 | −0.027% | $49K | $307K | 10x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0172% | 1h | 0.09483 | +0.095% | $522K | $178K | 50x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09486 | +0.127% | $1.5M | $5.8M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0364% / S −0.0262% | 1h | 0.09481 | +0.074% | $85K | — | 100x | as long as short |
| dYdX HBAR-USD | +0.2074% | 1h | 0.09477 | +0.033% | $31K | $9K | 5x | as long as short |
OKX HBAR-USDT-SWAP
MEXC HBAR_USDT
KuCoin HBARUSDTM
Bitget HBARUSDT
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
Variational Omni HBAR
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
Deribit HBAR_USDC-PERPETUAL
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]
dYdX HBAR-USD