Funding you earn now, next payment 08:00 UTC−0.0244%/8h= −26.7% APRpaid last 24h +0.076%
Price spread now: Kraken Futures against OKX+0.147%7-day average +0.108% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$430.432% of the position
Funding, last 7 days+0.212%+$21 on $10k
+Price spread, last 4 days (all we have)−0.041%−$4 · spread now +0.147%, 7d avg +0.108%
=The price spread pays, funding is against you. Kraken Futures is 0.038% dearer against OKX than usual: you sell high and buy low (spread +0.147% now, against its 7-day average of +0.108%): +$4 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 13 hours. Mind the row above: over the last 7 days funding on this pair paid +0.212%, 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 | OKX HBAR-USDT-SWAP | 0.09463 | 0.0100 | pay 0.0100% / 8h | 3m 44s | $6.7M | $25.7M | 50x |
| Short | Kraken Futures PF_HBARUSD | 0.09477 | −0.0144 | pay 0.0018% / 1h | 3m 44s | $1.3M | $3.0M | 50x |
OKX HBAR-USDT-SWAP
Kraken Futures PF_HBARUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against OKX. 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
- −$51.16
- Price spread: +0.147% → +0.108%
- $3.83
- Slippage, 4 orders
- −$23.16
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$90.48
- Costs to cover
- 0.432%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; Kraken Futures: live order book, 5 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 OKX live order book, 5 min ago | 0.53 bp | 10.8 bp −$11 | 21.5 bp −$215 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 5 min ago | 4.74 bp | 10.6 bp −$11 | 23.2 bp −$232 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_HBARUSDshort | −0.0144% | 1h | 0.09477 | +0.147% | $1.3M | $3.0M | 50x | |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09474 | +0.116% | $522K | $178K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0008% | 1h | 0.09466 | +0.031% | $11K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | −1.913% | $1K | $103K | 12x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0080% | 1h | 0.09468 | +0.053% | $220K | $2.5M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0082% | 8h | 0.09464 | +0.011% | $2K | $12K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09474 | +0.116% | $569K | $601K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09485 | +0.231% | $8.8M | $3.6M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09474 | +0.114% | $204K | $323K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09461 | −0.023% | $35.3M | $113.1M | 75x | as long as short |
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Coinbase International HBAR-PERP-INTX
Orderly PERP_HBAR_USDC
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Binance HBARUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit HBARUSDT | +0.0100% | 8h | 0.09463 | 0.000% | $32.7M | $36.6M | 75x | as long as short |
| OKX HBAR-USDT-SWAPlong | +0.0100% | 8h | 0.09463 | long leg | $6.7M | $25.7M | 50x | |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09464 | +0.011% | $2.5M | $2.8M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09465 | +0.021% | $26.3M | $20.3M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09467 | +0.042% | $7.5M | $7.5M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09462 | −0.011% | $17.3M | $16.8M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09463 | 0.000% | — | $7.3M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09471 | +0.085% | $40K | $200K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09492 | +0.309% | $1.1M | $179K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09476 | +0.136% | $384K | $3.3M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09480 | +0.180% | $154K | $700K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09468 | +0.053% | $440 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09481 | +0.190% | $73K | $74K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09470 | +0.074% | $2.2M | $2.6M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09458 | −0.050% | $49K | $308K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09487 | +0.254% | $1.5M | $5.8M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0366% / S −0.0265% | 1h | 0.09464 | +0.013% | $86K | — | 100x | as long as short |
| dYdX HBAR-USD | +0.1702% | 1h | 0.09470 | +0.075% | $31K | $11K | 5x | as long as short |
Bybit HBARUSDT
Gate HBAR_USDT
MEXC HBAR_USDT
KuCoin HBARUSDTM
Bitget HBARUSDT
BingX HBAR-USDT
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
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]
dYdX HBAR-USD