Funding you earn now, next payment 01:00 UTC+0.0043%/8h= +4.7% APRnext payment +$0.05 per $10,000 · paid last 24h −0.117%
Price spread now: ApeX Omni against Kraken Futures−0.294%7-day average −0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$500.497% of the position
Funding, last 7 days−0.200%−$20 on $10k
+Price spread, last 3 days (all we have)+0.232%+$23 · spread now −0.294%, 7d avg −0.059%
=Funding pays, the price is against you. ApeX Omni is 0.236% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.294% now, against its 7-day average of −0.059%). If the spread goes back, that is −$24 on $10k: about 18 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.200%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_HBARUSD | 0.09350 | 0.0057 | pay 0.0007% / 1h | 24m 45s | $1.4M | $2.3M | 50x |
| Short | ApeX Omni HBARUSDT | 0.09322 | 0.0100 | get 0.0013% / 1h | 24m 45s | $149K | $718K | 50x |
Kraken Futures PF_HBARUSD
ApeX Omni HBARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Kraken Futures. 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
- $9.03
- Price spread: −0.294% → −0.059%
- −$23.57
- Slippage, 4 orders
- −$29.72
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$64.27
- Costs to cover
- 0.497%
- Break-even
- 56.8 days
Slippage from Kraken Futures: live order book, 4 min ago; ApeX Omni: live order book, 49 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 Kraken Futures live order book, 4 min ago | 4.83 bp | 13.8 bp −$14 | 24.1 bp −$241 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 49 min ago | 4.32 bp | 11.7 bp −$12 | 83.2 bp −$832 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HBARUSDTM | −0.0076% | 8h | 0.09344 | −0.059% | $7.4M | $7.7M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09348 | −0.014% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09349 | −0.005% | $515K | $166K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09346 | −0.036% | $8K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09267 | −0.883% | $1K | $106K | 12x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0052% | 8h | 0.09316 | −0.364% | $379K | $2.2M | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0056% | 1h | 0.09348 | −0.016% | $227K | $2.3M | 50x | as long as short |
| Kraken Futures PF_HBARUSDlong | +0.0057% | 1h | 0.09350 | long leg | $1.4M | $2.3M | 50x | |
| Extended HBAR-USD | +0.0072% | 1h | 0.09344 | −0.064% | $53K | $332K | 10x | as long as short |
| Variational Omni HBAR | +0.0074% | 8h | 0.09339 | −0.113% | $1.0M | $191K | — | as long as short |
KuCoin HBARUSDTM
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
GRVT HBAR_USDT_Perp
Coinbase International HBAR-PERP-INTX
Extended HBAR-USD
Variational Omni HBARShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC HBAR_USDT | +0.0075% | 8h | 0.09341 | −0.091% | $27.4M | $22.5M | 200x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09342 | −0.080% | $2K | $17K | 10x | as long as short |
| Binance HBARUSDT | +0.0077% | 8h | 0.09340 | −0.102% | $35.1M | $108.5M | 75x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09337 | −0.134% | $572K | $553K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09352 | +0.028% | $8.9M | $2.7M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09348 | −0.015% | $213K | $407K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09338 | −0.123% | $33.3M | $35.9M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09341 | −0.091% | $6.9M | $25.1M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09343 | −0.070% | $2.4M | $3.4M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09341 | −0.091% | $17.3M | $14.9M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09345 | −0.048% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09348 | −0.016% | $34K | $107K | 15x | as long as short |
| ApeX Omni HBARUSDTshort | +0.0100% | 1h | 0.09322 | −0.294% | $149K | $718K | 50x | |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09342 | −0.080% | $434 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09362 | +0.134% | $74K | $60K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09346 | −0.038% | $2.2M | $2.1M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0196% | 8h | 0.09343 | −0.070% | $1.5M | $5.5M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0495% / S −0.0562% | 1h | 0.09346 | −0.037% | $118K | — | 100x | as long as short |
MEXC HBAR_USDT
Orderly PERP_HBAR_USDC
Binance HBARUSDT
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
Bitget HBARUSDT
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]