Funding you earn now, next payment 11:00 UTC+0.0324%/8h= +35.4% APRpaid last 24h +0.085%
Price spread now: Kraken Futures against KuCoin+0.198%7-day average +0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$650.647% of the position
Funding, last 7 days+0.282%+$28 on $10k
+Price spread, last 4 days (all we have)−0.175%−$17 · spread now +0.198%, 7d avg +0.070%
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Kraken Futures is 0.128% dearer against KuCoin than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.070%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin HBARUSDTM | 0.09415 | 0.0100 | pay 0.0100% / 8h | 5h 44m | $7.0M | $7.3M | 75x |
| Short | Kraken Futures PF_HBARUSD | 0.09434 | 0.0424 | get 0.0053% / 1h | 44m 56s | $1.4M | $3.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against KuCoin. 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
- $67.97
- Price spread: +0.198% → +0.070%
- $12.8
- Slippage, 4 orders
- −$42.73
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $16.03
- Costs to cover
- 0.647%
- Break-even
- 5.3 days
Slippage from KuCoin: live order book, 1 min ago; Kraken Futures: live order book, 2 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 KuCoin live order book, 1 min ago | 3.71 bp | 16.8 bp −$17 | 50.4 bp −$504 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 5.29 bp | 13.0 bp −$13 | 23.7 bp −$237 | doesn't fit | doesn't fit |
HBAR on 28 exchanges
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 | −0.0072% | 1h | 0.09663 | +2.634% | $5K | $101K | 12x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09434 | +0.202% | $530K | $224K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0008% | 1h | 0.09430 | +0.159% | $11K | — | 150x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0092% | 8h | 0.09425 | +0.106% | $1K | $9K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09429 | +0.149% | $573K | $546K | 5x | as long as short |
| Gate HBAR_USDT | +0.0099% | 8h | 0.09419 | +0.042% | $2.5M | $2.9M | 75x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09427 | +0.122% | $8.6M | $4.3M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09425 | +0.107% | $201K | $375K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09417 | +0.021% | $35.5M | $114.5M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09415 | 0.000% | $33.5M | $38.0M | 75x | as long as short |
Show all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09420 | +0.053% | $6.6M | $26.9M | 50x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09417 | +0.021% | $27.3M | $20.1M | 200x | as long as short |
| KuCoin HBARUSDTMlong | +0.0100% | 8h | 0.09415 | long leg | $7.0M | $7.3M | 75x | |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09420 | +0.053% | $17.9M | $18.9M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09417 | +0.021% | — | $6.8M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09426 | +0.117% | $34K | $203K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09450 | +0.373% | $1.0M | $100K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09447 | +0.336% | $379K | $3.7M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09452 | +0.393% | $153K | $701K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09426 | +0.117% | $438 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09458 | +0.457% | $72K | $57K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09428 | +0.138% | $2.5M | $3.3M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09412 | −0.029% | $51K | $308K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0192% | 1h | 0.09436 | +0.223% | $223K | $2.9M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09428 | +0.138% | $1.6M | $5.8M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0367% / S −0.0371% | 1h | 0.09432 | +0.183% | $77K | — | 100x | as long as short |
| Kraken Futures PF_HBARUSDshort | +0.0424% | 1h | 0.09434 | +0.198% | $1.4M | $3.7M | 50x | |
| dYdX HBAR-USD | +0.1092% | 1h | 0.09436 | +0.219% | $40K | $21K | 5x | as long as short |
KuCoin HBARUSDTM
Kraken Futures PF_HBARUSD
Injective HBAR/USDC PERP
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Lighter HBAR
Gate HBAR_USDT
Hyperliquid HBAR
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
MEXC HBAR_USDT
Bitget HBARUSDT
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
Variational Omni HBAR
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
Coinbase International HBAR-PERP-INTX
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]