Funding you earn now, next payment 07:00 UTC−0.0366%/8h= −40.1% APRpaid last 24h +0.097%
Price spread now: Kraken Futures against MEXC+0.037%7-day average +0.084% · you sell dearer than you buy
Net, funding: paid 7d − costs−$9as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$370.365% of the position
Funding, last 7 days+0.273%+$27 on $10k
+Price spread, last 4 days (all we have)+0.007%+$1 · spread now +0.037%, 7d avg +0.084%
=Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Kraken Futures is 0.046% cheaper against MEXC than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.084%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.273%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC HBAR_USDT | 0.09292 | 0.0100 | pay 0.0100% / 8h | 1h 26m | $25.2M | $19.9M | 200x |
| Short | Kraken Futures PF_HBARUSD | 0.09295 | −0.0266 | pay 0.0033% / 1h | 26m 06s | $1.3M | $3.0M | 50x |
MEXC HBAR_USDT
Kraken Futures PF_HBARUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against MEXC. 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
- −$76.89
- Price spread: +0.037% → +0.084%
- −$4.64
- Slippage, 4 orders
- −$26.54
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$118.07
- Costs to cover
- 0.365%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; Kraken Futures: live order book, 3 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 MEXC live order book, 3 min ago | 0.54 bp | 3.9 bp −$4 | 9.7 bp −$97 | 42.6 bp −$4,255 | 140.8 bp −$70.4K |
| Sell Kraken Futures live order book, 3 min ago | 4.87 bp | 15.1 bp −$15 | 19.8 bp −$198 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack HBAR_USDC_PERP | −0.0536% | 1h | 0.09296 | +0.043% | $35K | $201K | 15x | as long as short |
| Kraken Futures PF_HBARUSDshort | −0.0266% | 1h | 0.09295 | +0.037% | $1.3M | $3.0M | 50x | |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09297 | +0.056% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0011% | 1h | 0.09295 | +0.031% | $9K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | −0.108% | $1K | $103K | 12x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0073% | 1h | 0.09297 | +0.054% | $512K | $178K | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0077% | 8h | 0.09290 | −0.022% | $4K | $16K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0080% | 1h | 0.09300 | +0.086% | $214K | $2.3M | 50x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09291 | −0.011% | $560K | $600K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09303 | +0.123% | $8.7M | $3.7M | 5x | as long as short |
Backpack HBAR_USDC_PERP
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Deribit HBAR_USDC-PERPETUAL
Orderly PERP_HBAR_USDC
Coinbase International HBAR-PERP-INTX
Lighter HBAR
Hyperliquid HBARShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HBARUSDT | +0.0100% | 8h | 0.09297 | +0.050% | $200K | $329K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09291 | −0.011% | $34.2M | $111.7M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09294 | +0.022% | $31.8M | $35.9M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09291 | −0.011% | $6.5M | $25.1M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09298 | +0.065% | $2.4M | $2.7M | 75x | as long as short |
| MEXC HBAR_USDTlong | +0.0100% | 8h | 0.09292 | long leg | $25.2M | $19.9M | 200x | |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09296 | +0.043% | $7.4M | $7.5M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09295 | +0.032% | $17.2M | $15.9M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09295 | +0.032% | — | $6.9M | — | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09264 | −0.303% | $1.0M | $185K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09264 | −0.306% | $371K | $3.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09257 | −0.377% | $150K | $705K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09292 | 0.000% | $431 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09312 | +0.215% | $71K | $70K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09294 | +0.022% | $2.1M | $2.1M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09289 | −0.027% | $59K | $221K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09258 | −0.366% | $1.5M | $5.6M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0359% / S −0.0261% | 1h | 0.09258 | −0.363% | $83K | — | 100x | as long as short |
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
KuCoin HBARUSDTM
Bitget HBARUSDT
BingX HBAR-USDT
Variational Omni HBAR
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]