Funding you earn now, next payment 00:00 UTC−0.0445%/8h= −48.7% APRpaid last 24h −0.119%
Price spread now: Gate against Kraken Futures−0.095%7-day average −0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$560.564% of the position
Funding, last 7 days−0.221%−$22 on $10k
+Price spread, last 3 days (all we have)+0.059%+$6 · spread now −0.095%, 7d avg −0.080%
=The price spread sits at its 7-day average of −0.080%, so right now this pair is about funding alone: −$13 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.221% in total (about -11.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_HBARUSD | 0.09284 | 0.0413 | pay 0.0052% / 1h | 19m 21s | $1.4M | $2.3M | 50x |
| Short | Gate HBAR_USDT | 0.09275 | −0.0032 | pay 0.0032% / 8h | 19m 21s | $2.4M | $3.6M | 75x |
Kraken Futures PF_HBARUSD
Gate HBAR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$93.36
- Price spread: −0.095% → −0.080%
- −$1.51
- Slippage, 4 orders
- −$31.42
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$151.29
- Costs to cover
- 0.564%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 4 min ago; Gate: live order book, 4 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 | 2.16 bp | 12.3 bp −$12 | 21.7 bp −$217 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 2.16 bp | 18.0 bp −$18 | 48.9 bp −$489 | 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 | −0.0060% | 8h | 0.09272 | −0.127% | $7.4M | $7.8M | 75x | as long as short |
| Gate HBAR_USDTshort | −0.0032% | 8h | 0.09275 | −0.095% | $2.4M | $3.6M | 75x | |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09273 | −0.113% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09278 | −0.058% | $8K | — | 150x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09281 | −0.030% | $222K | $2.2M | 50x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0073% | 1h | 0.09287 | +0.034% | $511K | $166K | 50x | as long as short |
| Variational Omni HBAR | +0.0081% | 8h | 0.09259 | −0.265% | $1.0M | $199K | — | as long as short |
| Orderly PERP_HBAR_USDC | +0.0083% | 8h | 0.09276 | −0.084% | $2K | $17K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09272 | −0.127% | $569K | $591K | 5x | as long as short |
| Extended HBAR-USD | +0.0096% | 1h | 0.09276 | −0.083% | $51K | $218K | 10x | as long as short |
KuCoin HBARUSDTM
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Coinbase International HBAR-PERP-INTX
Deribit HBAR_USDC-PERPETUAL
Variational Omni HBAR
Orderly PERP_HBAR_USDC
Lighter HBAR
Extended HBAR-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC HBAR_USDT | +0.0097% | 8h | 0.09273 | −0.117% | $26.0M | $22.5M | 200x | as long as short |
| Binance HBARUSDT | +0.0097% | 8h | 0.09278 | −0.064% | $34.8M | $109.8M | 75x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09291 | +0.075% | $8.8M | $2.9M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09280 | −0.045% | $212K | $429K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09279 | −0.052% | $33.0M | $36.7M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09277 | −0.073% | $6.8M | $25.1M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09280 | −0.041% | $17.2M | $14.8M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09272 | −0.127% | — | $6.0M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09269 | −0.160% | $34K | $102K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09248 | −0.383% | $377K | $2.2M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09247 | −0.397% | $148K | $708K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09275 | −0.095% | $431 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09290 | +0.067% | $73K | $53K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09274 | −0.106% | $2.2M | $2.2M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0217% | 8h | 0.09256 | −0.300% | $1.5M | $5.8M | 90x | as long as short |
| Injective HBAR/USDC PERP | +0.0242% | 1h | 0.09267 | −0.181% | $1K | $112K | 12x | as long as short |
| Kraken Futures PF_HBARUSDlong | +0.0413% | 1h | 0.09284 | long leg | $1.4M | $2.3M | 50x | |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0448% / S −0.0478% | 1h | 0.09279 | −0.049% | $104K | — | 100x | as long as short |
MEXC HBAR_USDT
Binance HBARUSDT
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDT
Backpack HBAR_USDC_PERP
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
BloFin HBAR-USDT
Injective HBAR/USDC PERP
GMX HBAR/USD [WBTC.b-USDC]