Funding you earn now, next payment 04:00 UTC−0.0291%/8h= −31.9% APRnext payment −$0.36 per $10,000 · paid last 24h −0.116%
Price spread now: Extended against Kraken Futures−0.086%7-day average −0.119% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$450.448% of the position
Funding, last 7 days−0.264%−$26 on $10k
+Price spread, last 4 days (all we have)+0.033%+$3 · spread now −0.086%, 7d avg −0.119%
=Together, before fees−0.232%+ Points / potential airdropExtended: Active · farm board−$23 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.032% dearer against Kraken Futures than usual: you sell high and buy low (spread −0.086% now, against its 7-day average of −0.119%): +$3 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.264% in total) that is about 21 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_HBARUSD | 0.09180 | 0.0395 | pay 0.0049% / 1h | 40m 20s | $1.4M | $2.6M | 50x |
| Short | Extended HBAR-USD | 0.09172 | 0.0104 | get 0.0013% / 1h | 40m 20s | $52K | $278K | 10x |
Kraken Futures PF_HBARUSD
Extended HBAR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$61.09
- Price spread: −0.086% → −0.119%
- $3.24
- Slippage, 4 orders
- −$29.85
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$102.71
- Costs to cover
- 0.448%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 3 min ago; Extended: live order book, 17 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, 3 min ago | 4.91 bp | 13.6 bp −$14 | 23.0 bp −$230 | doesn't fit | doesn't fit |
| Sell Extended live order book, 17 min ago | 1.25 bp | 9.3 bp −$9 | 93.4 bp −$934 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX HBAR-USD | 0.0000% | 1h | 0.09174 | −0.059% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09182 | +0.025% | $506K | $173K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09174 | −0.065% | $8K | — | 150x | as long as short |
| KuCoin HBARUSDTM | +0.0011% | 8h | 0.09182 | +0.025% | $7.1M | $7.2M | 75x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | +1.115% | $1K | $105K | 12x | as long as short |
| Gate HBAR_USDT | +0.0045% | 8h | 0.09174 | −0.062% | $2.4M | $2.8M | 75x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09156 | −0.258% | $219K | $2.1M | 50x | as long as short |
| Backpack HBAR_USDC_PERP | +0.0066% | 1h | 0.09163 | −0.182% | $37K | $201K | 15x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0080% | 8h | 0.09175 | −0.051% | $2K | $14K | 10x | as long as short |
| Variational Omni HBAR | +0.0085% | 8h | 0.09154 | −0.282% | $1.0M | $187K | — | as long as short |
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
KuCoin HBARUSDTM
Injective HBAR/USDC PERP
Gate HBAR_USDT
Coinbase International HBAR-PERP-INTX
Backpack HBAR_USDC_PERP
Orderly PERP_HBAR_USDC
Variational Omni HBARShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter HBAR | +0.0096% | 1h | 0.09166 | −0.149% | $557K | $596K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09191 | +0.122% | $8.7M | $2.8M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09184 | +0.047% | $210K | $318K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09172 | −0.079% | $33.7M | $105.2M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09172 | −0.084% | $32.4M | $33.9M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09177 | −0.029% | $6.5M | $24.5M | 50x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09180 | +0.004% | $25.6M | $19.5M | 200x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09181 | +0.014% | $16.9M | $15.1M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09171 | −0.094% | — | $6.3M | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09132 | −0.523% | $375K | $2.4M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09133 | −0.508% | $146K | $714K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09173 | −0.073% | $426 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09189 | +0.102% | $70K | $66K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09170 | −0.105% | $2.1M | $2.1M | 50x | as long as short |
| Extended HBAR-USDshort | +0.0104% | 1h | 0.09172 | −0.086% | $52K | $278K | 10x | |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09156 | −0.258% | $1.4M | $5.4M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0346% / S −0.0242% | 1h | 0.09177 | −0.028% | $79K | — | 100x | as long as short |
| Kraken Futures PF_HBARUSDlong | +0.0395% | 1h | 0.09180 | long leg | $1.4M | $2.6M | 50x |
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
MEXC HBAR_USDT
Bitget HBARUSDT
BingX HBAR-USDT
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]