NOT

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.1053%/8h= +115.3% APRnext payment +$1.32 per $10,000 · paid last 24h +0.903%

Price spread now: Kraken Futures against Hyperliquid−0.019%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Hyperliquid Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$32 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid NOT	0.0005030	0.0100	pay 0.0013% / 1h	46m 58s	$339K	$66K	3x
Short	Kraken Futures PF_NOTUSD	0.0005029	0.1153	get 0.0144% / 1h	46m 58s	$49K	$5K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Hyperliquid. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee HyperliquidbpFee Kraken FuturesbpOrdersPrice spread, now −0.019%Rate

Funding earned: $221.16
Price spread: −0.019% → 0.000%: −$1.89
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $200.27
Costs to cover: 0.190%
Break-even: 0.7 days

Slippage unknown: Hyperliquid: live order book, 63 min ago; Kraken Futures: 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 Hyperliquid live order book, 63 min ago	9.91 bp	33.2 bp −$33	doesn't fit	doesn't fit	doesn't fit
Sell Kraken Futures no order-book sample	—	—	—	—	—

Kraken Futures: 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.

NOT on 16 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 NOT/USDC PERP	+0.0033%	1h	0.0004874	−3.101%	$1K	$13K	5.5x	as long as short
BloFin NOT-USDT	+0.0081%	4h	0.0005023	−0.139%	$109K	$18K	50x	as long as short
Lighter 1000NOT	+0.0096%	1h	0.0005036	+0.119%	$11K	$6K	3x	as long as short
Hyperliquid NOTlong	+0.0100%	1h	0.0005030	long leg	$339K	$66K	3x
Aster NOTUSDT	+0.0100%	4h	0.0005025	−0.101%	$14K	$9K	5x	as long as short
Binance NOTUSDT	+0.0100%	4h	0.0005025	−0.107%	$2.1M	$2.9M	50x	as long as short
Bybit NOTUSDT	+0.0100%	4h	0.0005020	−0.199%	$2.1M	$813K	25x	as long as short
OKX NOT-USDT-SWAP	+0.0100%	4h	0.0005025	−0.099%	$643K	$650K	20x	as long as short
Gate NOT_USDT	+0.0100%	4h	0.0005020	−0.199%	$141K	$59K	50x	as long as short
MEXC NOT_USDT	+0.0100%	4h	0.0005025	−0.099%	$1.3M	$453K	200x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin NOTUSDTM	+0.0100%	4h	0.0005023	−0.139%	$487K	$130K	50x	as long as short
Bitget NOTUSDT	+0.0100%	4h	0.0005027	−0.060%	$674K	$467K	50x	as long as short
BingX NOT-USDC	+0.0100%	4h	0.0005026	−0.080%	—	$732K	—	as long as short
Variational Omni NOT	+0.0100%	4h	0.0005019	−0.215%	$71K	$38K	—	as long as short
Extended kNOT-USD	+0.0104%	1h	0.0005025	−0.099%	$4K	—	5x	as long as short
Kraken Futures PF_NOTUSDshort	+0.1153%	1h	0.0005029	−0.019%	$49K	$5K	10x