Funding you earn now, next payment 21:00 UTC−0.0417%/8h= −45.7% APRpaid last 24h −0.139%
Price spread now: Orderly against Kraken Futures−0.123%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Orderly is 0.123% cheaper against Kraken Futures than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_HBARUSD | 0.09223 | 0.0491 | pay 0.0061% / 1h | 30m 46s | $1.4M | $2.4M | 50x |
| Short | Orderly PERP_HBAR_USDC | 0.09212 | 0.0074 | get 0.0074% / 8h | 3h 30m | $3K | $17K | 10x |
Kraken Futures PF_HBARUSD
Orderly PERP_HBAR_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$87.6
- Price spread: −0.123% → 0.000%
- −$12.33
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$115.93
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 3 min ago; Orderly: no order-book sample. 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 Kraken Futures live order book, 3 min ago | 7.06 bp | 16.1 bp −$16 | 26.3 bp −$263 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective HBAR/USDC PERP | −0.0724% | 1h | 0.09229 | +0.061% | $2K | $59K | 12x | as long as short |
| Gate HBAR_USDT | −0.0048% | 8h | 0.09223 | −0.004% | $2.4M | $3.7M | 75x | as long as short |
| Backpack HBAR_USDC_PERP | −0.0041% | 1h | 0.09220 | −0.037% | $30K | $124K | 15x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09219 | −0.047% | $508K | $152K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09218 | −0.063% | $8K | — | 150x | as long as short |
| KuCoin HBARUSDTM | +0.0010% | 8h | 0.09213 | −0.112% | $7.4M | $8.2M | 75x | as long as short |
| Extended HBAR-USD | +0.0032% | 1h | 0.09221 | −0.025% | $51K | $210K | 10x | as long as short |
| MEXC HBAR_USDT | +0.0034% | 8h | 0.09225 | +0.018% | $22.9M | $23.3M | 200x | as long as short |
| Binance HBARUSDT | +0.0035% | 8h | 0.09226 | +0.023% | $34.7M | $111.4M | 75x | as long as short |
| Variational Omni HBAR | +0.0057% | 8h | 0.09213 | −0.116% | $1.0M | $208K | — | as long as short |
Injective HBAR/USDC PERP
Gate HBAR_USDT
Backpack HBAR_USDC_PERP
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
KuCoin HBARUSDTM
Extended HBAR-USD
MEXC HBAR_USDT
Binance HBARUSDT
Variational Omni HBARShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_HBAR_USDCshort | +0.0074% | 8h | 0.09212 | −0.123% | $3K | $17K | 10x | |
| GRVT HBAR_USDT_Perp | +0.0086% | 8h | 0.09205 | −0.195% | $382K | $2.0M | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0088% | 1h | 0.09217 | −0.069% | $219K | $2.2M | 50x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09214 | −0.102% | $566K | $592K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09237 | +0.150% | $8.8M | $3.0M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09217 | −0.070% | $216K | $452K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09221 | −0.026% | $33.0M | $37.3M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09221 | −0.026% | $6.9M | $24.7M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09227 | +0.039% | $17.1M | $14.7M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09222 | −0.015% | — | $5.8M | — | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09205 | −0.199% | $147K | $699K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09213 | −0.112% | $428 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09233 | +0.104% | $73K | $53K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09217 | −0.069% | $2.2M | $2.2M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0139% | 8h | 0.09216 | −0.080% | $1.4M | $5.5M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0444% / S −0.0478% | 1h | 0.09216 | −0.078% | $103K | — | 100x | as long as short |
| Kraken Futures PF_HBARUSDlong | +0.0491% | 1h | 0.09223 | long leg | $1.4M | $2.4M | 50x | |
| dYdX HBAR-USD | +0.4042% | 1h | 0.09220 | −0.035% | $30K | $4K | 5x | as long as short |
GRVT HBAR_USDT_Perp
Coinbase International HBAR-PERP-INTX
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDT
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]
dYdX HBAR-USD