Funding you earn now, next payment 06:00 UTC+0.0211%/8h= +23.1% APRnext payment +$0.26 per $10,000 · paid last 24h +0.386%
Price spread now: Kraken Futures against Injective+0.020%63s7-day average +0.183% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+1.061%+$106 on $10k
+Price spread, last 4 days (all we have)+0.501%+$50 · spread now +0.020%, 7d avg +0.183%
=Funding pays, the price is against you. Kraken Futures is 0.163% cheaper against Injective than usual: you would sell low and buy high (spread +0.020% now, against its 7-day average of +0.183%). If the spread goes back, that is −$16 on $10k: about 2.6 days of funding at the current rate (+$6 a day). At the pace of the last 7 days (+1.061% in total) that is about 26 hours. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective HBAR/USDC PERP | 0.09282 | 0.0033 | pay 0.0004% / 1h | 1m 45s | $1K | $103K | 12x |
| Short | Kraken Futures PF_HBARUSD | 0.09284 | 0.0245 | get 0.0031% / 1h | 1m 45s | $1.3M | $3.0M | 50x |
Injective HBAR/USDC PERP
Kraken Futures PF_HBARUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Injective. 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
- $44.39
- Price spread: +0.020% → +0.183%
- −$16.34
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $18.03
- Costs to cover
- 0.100%
- Break-even
- 4.2 days
Slippage unknown: Injective: no order-book sample; Kraken Futures: live order book, 2 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 2 min ago | 3.77 bp | 11.6 bp −$12 | 19.0 bp −$190 | doesn't fit | doesn't fit |
Injective: 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.
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 | −0.0430% | 1h | 0.09280 | −0.022% | $33K | $201K | 15x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09271 | −0.117% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0011% | 1h | 0.09281 | −0.009% | $9K | — | 150x | as long as short |
| Injective HBAR/USDC PERPlong | +0.0033% | 1h | 0.09282 | long leg | $1K | $103K | 12x | |
| Deribit HBAR_USDC-PERPETUAL | +0.0073% | 1h | 0.09284 | +0.022% | $511K | $179K | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0077% | 8h | 0.09276 | −0.065% | $4K | $16K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0088% | 1h | 0.09282 | 0.000% | $215K | $2.4M | 50x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09274 | −0.086% | $560K | $617K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09287 | +0.056% | $8.7M | $3.7M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09279 | −0.033% | $199K | $335K | 50x | as long as short |
Backpack HBAR_USDC_PERP
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Deribit HBAR_USDC-PERPETUAL
Orderly PERP_HBAR_USDC
Coinbase International HBAR-PERP-INTX
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance HBARUSDT | +0.0100% | 8h | 0.09269 | −0.141% | $34.0M | $112.0M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09268 | −0.151% | $31.9M | $35.9M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09269 | −0.140% | $6.5M | $25.5M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09277 | −0.054% | $2.4M | $2.8M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09272 | −0.108% | $25.0M | $19.9M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09273 | −0.097% | $7.3M | $7.5M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09278 | −0.043% | $17.2M | $16.0M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09276 | −0.065% | — | $6.8M | — | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09292 | +0.106% | $1.0M | $187K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09294 | +0.129% | $376K | $3.0M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09290 | +0.086% | $151K | $705K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09278 | −0.043% | $431 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09291 | +0.097% | $70K | $70K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09280 | −0.022% | $2.1M | $2.3M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09274 | −0.082% | $48K | $226K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09273 | −0.097% | $1.4M | $5.7M | 90x | as long as short |
| Kraken Futures PF_HBARUSDshort | +0.0245% | 1h | 0.09284 | +0.020% | $1.3M | $3.0M | 50x | |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0359% / S −0.0261% | 1h | 0.09281 | −0.012% | $83K | — | 100x | as long as short |
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
MEXC HBAR_USDT
KuCoin HBARUSDTM
Bitget HBARUSDT
BingX HBAR-USDT
Variational Omni HBAR
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]