Funding you earn now, next payment 22:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.006%
Price spread now: Deribit against ApeX Omni+0.022%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$390.389% of the position
Funding, last 7 days−0.078%−$8 on $10k
+Price spread, last 3 days (all we have)+0.155%+$15 · spread now +0.022%, 7d avg +0.047%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.025% cheaper against ApeX Omni than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.047%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni HBARUSDT | 0.09193 | 0.0100 | pay 0.0013% / 1h | 28m 25s | $147K | $706K | 50x |
| Short | Deribit HBAR_USDC-PERPETUAL | 0.09195 | 0 | get 0.0000% / 1h | 28m 25s | $506K | $150K | 50x |
ApeX Omni HBARUSDT
Deribit HBAR_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against ApeX Omni. 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
- −$21
- Price spread: +0.022% → +0.047%
- −$2.52
- Slippage, 4 orders
- −$21.89
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$62.41
- Costs to cover
- 0.389%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 60 min ago; Deribit: live order book, 60 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 ApeX Omni live order book, 60 min ago | 4.36 bp | 13.1 bp −$13 | 98.4 bp −$984 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 60 min ago | 2.72 bp | 6.2 bp −$6 | 15.2 bp −$152 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HBARUSDTM | −0.0036% | 8h | 0.09194 | +0.011% | $7.3M | $7.9M | 75x | as long as short |
| Gate HBAR_USDT | −0.0029% | 8h | 0.09196 | +0.033% | $2.4M | $3.5M | 75x | as long as short |
| Deribit HBAR_USDC-PERPETUALshort | 0.0000% | 1h | 0.09195 | +0.022% | $506K | $150K | 50x | |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09198 | +0.055% | $8K | — | 150x | as long as short |
| Backpack HBAR_USDC_PERP | +0.0045% | 1h | 0.09192 | −0.011% | $31K | $102K | 15x | as long as short |
| Variational Omni HBAR | +0.0050% | 8h | 0.09187 | −0.064% | $1.0M | $197K | — | as long as short |
| Extended HBAR-USD | +0.0056% | 1h | 0.09197 | +0.038% | $51K | $210K | 10x | as long as short |
| MEXC HBAR_USDT | +0.0057% | 8h | 0.09196 | +0.033% | $24.0M | $22.7M | 200x | as long as short |
| Binance HBARUSDT | +0.0058% | 8h | 0.09196 | +0.038% | $34.6M | $110.7M | 75x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0072% | 1h | 0.09186 | −0.076% | $220K | $2.2M | 50x | as long as short |
KuCoin HBARUSDTM
Gate HBAR_USDT
gTrade (Gains Network) HBAR/USD
Backpack HBAR_USDC_PERP
Variational Omni HBAR
Extended HBAR-USD
MEXC HBAR_USDT
Binance HBARUSDT
Coinbase International HBAR-PERP-INTXShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09186 | −0.076% | $2K | $18K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09198 | +0.054% | $565K | $590K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09208 | +0.164% | $8.8M | $2.9M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09196 | +0.036% | $210K | $429K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09194 | +0.011% | $32.9M | $37.0M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09191 | −0.022% | $6.9M | $24.6M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09199 | +0.065% | $16.9M | $14.9M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09194 | +0.011% | — | $5.8M | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09190 | −0.033% | $374K | $2.1M | 10x | as long as short |
| ApeX Omni HBARUSDTlong | +0.0100% | 1h | 0.09193 | long leg | $147K | $706K | 50x | |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09187 | −0.065% | $426 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09218 | +0.272% | $72K | $53K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09189 | −0.044% | $2.2M | $2.2M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0177% | 8h | 0.09187 | −0.065% | $1.4M | $5.6M | 90x | as long as short |
| Injective HBAR/USDC PERP | +0.0311% | 1h | 0.09211 | +0.196% | $1K | $84K | 12x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0384% | 1h | 0.09196 | +0.034% | $1.4M | $2.4M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0445% / S −0.0478% | 1h | 0.09189 | −0.046% | $103K | — | 100x | as long as short |
| dYdX HBAR-USD | +0.3949% | 1h | 0.09190 | −0.031% | $30K | $4K | 5x | as long as short |
Orderly PERP_HBAR_USDC
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDT
GRVT HBAR_USDT_Perp
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
BloFin HBAR-USDT
Injective HBAR/USDC PERP
Kraken Futures PF_HBARUSD
GMX HBAR/USD [WBTC.b-USDC]
dYdX HBAR-USD