Funding you earn now, next payment 22:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.002%
Price spread now: Deribit against Aster+0.184%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$430.429% of the position
Funding, last 5 days (all we have)−0.028%−$3 on $10k
+Price spread, last 3 days (all we have)−0.250%−$25 · spread now +0.184%, 7d avg +0.047%
=Together, before fees−0.278%+ Points / potential airdropAster: Stage 5 · farm board−$28 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Deribit is 0.137% dearer against Aster than usual: you sell high and buy low (spread +0.184% now, against its 7-day average of +0.047%): +$14 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.6 days. At the pace of the last 5 days (−0.028% in total) that is about 25 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster HBARUSDT | 0.09181 | 0.0100 | pay 0.0100% / 8h | 2h 52m | $215K | $451K | 50x |
| Short | Deribit HBAR_USDC-PERPETUAL | 0.09198 | 0 | get 0.0000% / 1h | 52m 35s | $506K | $151K | 50x |
Aster HBARUSDT
Deribit HBAR_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Aster. 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: +0.184% → +0.047%
- $13.72
- Slippage, 4 orders
- −$27.94
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$50.22
- Costs to cover
- 0.429%
- Break-even
- never at this rate
Slippage from Aster: live order book, 34 min ago; Deribit: live order book, 36 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 Aster live order book, 34 min ago | 8.17 bp | 14.6 bp −$15 | 114.3 bp −$1,143 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 36 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 | −0.0028% | 8h | 0.09175 | −0.066% | $7.3M | $7.9M | 75x | as long as short |
| Gate HBAR_USDT | −0.0020% | 8h | 0.09185 | +0.043% | $2.4M | $3.5M | 75x | as long as short |
| Deribit HBAR_USDC-PERPETUALshort | 0.0000% | 1h | 0.09198 | +0.184% | $506K | $151K | 50x | |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09197 | +0.176% | $8K | — | 150x | as long as short |
| Extended HBAR-USD | +0.0048% | 1h | 0.09176 | −0.055% | $51K | $210K | 10x | as long as short |
| Variational Omni HBAR | +0.0051% | 8h | 0.09200 | +0.211% | $1.0M | $201K | — | as long as short |
| MEXC HBAR_USDT | +0.0051% | 8h | 0.09180 | −0.012% | $24.1M | $22.6M | 200x | as long as short |
| Binance HBARUSDT | +0.0052% | 8h | 0.09173 | −0.088% | $34.6M | $111.5M | 75x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0072% | 1h | 0.09201 | +0.217% | $221K | $2.2M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09188 | +0.075% | $3K | $17K | 10x | as long as short |
KuCoin HBARUSDTM
Gate HBAR_USDT
gTrade (Gains Network) HBAR/USD
Extended HBAR-USD
Variational Omni HBAR
MEXC HBAR_USDT
Binance HBARUSDT
Coinbase International HBAR-PERP-INTX
Orderly PERP_HBAR_USDCShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter HBAR | +0.0096% | 1h | 0.09178 | −0.034% | $564K | $590K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09196 | +0.165% | $8.8M | $2.9M | 5x | as long as short |
| Aster HBARUSDTlong | +0.0100% | 8h | 0.09181 | long leg | $215K | $451K | 50x | |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09174 | −0.077% | $32.9M | $37.1M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09173 | −0.088% | $6.9M | $24.6M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09179 | −0.023% | $16.9M | $14.9M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09177 | −0.045% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09191 | +0.108% | $31K | $101K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09208 | +0.290% | $373K | $2.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09192 | +0.119% | $147K | $702K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09187 | +0.064% | $426 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09203 | +0.239% | $72K | $53K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09191 | +0.108% | $2.2M | $2.2M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0172% | 8h | 0.09186 | +0.053% | $1.5M | $5.6M | 90x | as long as short |
| Injective HBAR/USDC PERP | +0.0311% | 1h | 0.09211 | +0.326% | $1K | $84K | 12x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0384% | 1h | 0.09197 | +0.170% | $1.4M | $2.4M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0445% / S −0.0478% | 1h | 0.09196 | +0.167% | $103K | — | 100x | as long as short |
| dYdX HBAR-USD | +0.5130% | 1h | 0.09181 | +0.004% | $30K | $4K | 5x | as long as short |
Lighter HBAR
Hyperliquid HBAR
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
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