Funding you earn now, next payment 01:00 UTC−0.0023%/8h= −2.5% APRpaid last 24h −0.015%
Price spread now: MEXC against ApeX Omni−0.492%96s7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$280.283% of the position
Funding, last 7 days−0.062%−$6 on $10k
+Price spread, last 3 days (all we have)+0.445%+$44 · spread now −0.492%, 7d avg −0.034%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.458% cheaper against ApeX Omni than usual: you would sell low and buy high (−$46 if the spread goes back to its 7-day average of −0.034%). Swap the legs. The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni HBARUSDT | 0.09353 | 0.0100 | pay 0.0013% / 1h | 5m 54s | $149K | $728K | 50x |
| Short | MEXC HBAR_USDT | 0.09307 | 0.0077 | get 0.0077% / 8h | 7h 05m | $27.2M | $22.6M | 200x |
ApeX Omni HBARUSDT
MEXC HBAR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$4.83
- Price spread: −0.492% → −0.034%
- −$45.8
- Slippage, 4 orders
- −$18.33
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$78.96
- Costs to cover
- 0.283%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 68 min ago; MEXC: 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 ApeX Omni live order book, 68 min ago | 4.32 bp | 11.9 bp −$12 | 104.9 bp −$1,049 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 1.07 bp | 1.7 bp −$2 | 10.1 bp −$101 | 43.8 bp −$4,384 | 154.4 bp −$77.2K |
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 | −0.0080% | 8h | 0.09307 | −0.492% | $7.3M | $7.5M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09329 | −0.254% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09317 | −0.385% | $513K | $167K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09314 | −0.418% | $8K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09267 | −0.919% | $1K | $106K | 12x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0056% | 1h | 0.09317 | −0.385% | $227K | $2.2M | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0057% | 1h | 0.09319 | −0.366% | $1.4M | $2.4M | 50x | as long as short |
| Variational Omni HBAR | +0.0065% | 8h | 0.09307 | −0.494% | $1.0M | $191K | — | as long as short |
| Orderly PERP_HBAR_USDC | +0.0077% | 8h | 0.09308 | −0.481% | $2K | $17K | 10x | as long as short |
| MEXC HBAR_USDTshort | +0.0077% | 8h | 0.09307 | −0.492% | $27.2M | $22.6M | 200x |
KuCoin HBARUSDTM
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Coinbase International HBAR-PERP-INTX
Kraken Futures PF_HBARUSD
Variational Omni HBAR
Orderly PERP_HBAR_USDCShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance HBARUSDT | +0.0078% | 8h | 0.09307 | −0.492% | $35.0M | $106.1M | 75x | as long as short |
| Extended HBAR-USD | +0.0080% | 1h | 0.09306 | −0.505% | $53K | $277K | 10x | as long as short |
| Gate HBAR_USDT | +0.0093% | 8h | 0.09313 | −0.428% | $2.4M | $3.4M | 75x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09314 | −0.417% | $570K | $553K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09321 | −0.338% | $8.9M | $2.7M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09320 | −0.357% | $213K | $358K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09308 | −0.481% | $33.2M | $35.5M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09309 | −0.470% | $6.9M | $25.0M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09312 | −0.438% | $17.3M | $14.9M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09307 | −0.492% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09313 | −0.428% | $35K | $108K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09351 | −0.020% | $375K | $2.2M | 10x | as long as short |
| ApeX Omni HBARUSDTlong | +0.0100% | 1h | 0.09353 | long leg | $149K | $728K | 50x | |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09312 | −0.438% | $432 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09329 | −0.257% | $74K | $60K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09314 | −0.417% | $2.2M | $2.1M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0198% | 8h | 0.09339 | −0.150% | $1.5M | $5.4M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0495% / S −0.0562% | 1h | 0.09313 | −0.422% | $117K | — | 100x | as long as short |
Binance HBARUSDT
Extended HBAR-USD
Gate HBAR_USDT
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
GRVT HBAR_USDT_Perp
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]