Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: ApeX Omni against Backpack−0.446%84s7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$14as 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−$390.392% of the position
Funding, last 7 days+0.250%+$25 on $10k
+Price spread, last 4 days (all we have)+0.505%+$50 · spread now −0.446%, 7d avg +0.011%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.457% cheaper against Backpack than usual: you would sell low and buy high, −$46 on $10k if it goes back to its 7-day average of +0.011%. The two prices were read 84 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 | Backpack HBAR_USDC_PERP | 0.09185 | 0.0100 | pay 0.0013% / 1h | 43m 46s | $66K | $143K | 15x |
| Short | ApeX Omni HBARUSDT | 0.09144 | 0.0100 | get 0.0013% / 1h | 43m 46s | $146K | $712K | 50x |
Backpack HBAR_USDC_PERP
ApeX Omni HBARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Backpack. 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
- $0
- Price spread: −0.446% → +0.011%
- −$45.71
- Slippage, 4 orders
- −$19.19
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$84.9
- Costs to cover
- 0.392%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 19 min ago; ApeX Omni: live order book, 20 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 Backpack live order book, 19 min ago | 0.54 bp | 8.6 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 20 min ago | 4.34 bp | 11.7 bp −$12 | 101.8 bp −$1,018 | 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 | −0.0040% | 8h | 0.09195 | +0.109% | $7.1M | $7.3M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09200 | +0.159% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09178 | −0.079% | $8K | — | 150x | as long as short |
| Gate HBAR_USDT | +0.0027% | 8h | 0.09185 | 0.000% | $2.4M | $2.8M | 75x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09183 | −0.022% | $231K | $2.1M | 50x | as long as short |
| Variational Omni HBAR | +0.0066% | 8h | 0.09152 | −0.360% | $1.0M | $187K | — | as long as short |
| Orderly PERP_HBAR_USDC | +0.0079% | 8h | 0.09177 | −0.087% | $2K | $17K | 10x | as long as short |
| Injective HBAR/USDC PERP | +0.0090% | 1h | 0.09282 | +1.056% | $1K | $106K | 12x | as long as short |
| MEXC HBAR_USDT | +0.0093% | 8h | 0.09196 | +0.120% | $25.7M | $19.5M | 200x | as long as short |
| Binance HBARUSDT | +0.0095% | 8h | 0.09199 | +0.152% | $34.0M | $104.0M | 75x | as long as short |
KuCoin HBARUSDTM
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Gate HBAR_USDT
Coinbase International HBAR-PERP-INTX
Variational Omni HBAR
Orderly PERP_HBAR_USDC
Injective HBAR/USDC PERP
MEXC HBAR_USDT
Binance HBARUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter HBAR | +0.0096% | 1h | 0.09189 | +0.044% | $559K | $591K | 5x | as long as short |
| Extended HBAR-USD | +0.0096% | 1h | 0.09179 | −0.065% | $51K | $277K | 10x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09201 | +0.169% | $8.7M | $2.7M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09184 | −0.012% | $210K | $322K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09196 | +0.120% | $32.6M | $33.9M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09197 | +0.131% | $6.7M | $24.3M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09199 | +0.152% | $17.0M | $14.8M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09196 | +0.120% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERPlong | +0.0100% | 1h | 0.09185 | long leg | $66K | $143K | 15x | |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09146 | −0.422% | $375K | $2.3M | 10x | as long as short |
| ApeX Omni HBARUSDTshort | +0.0100% | 1h | 0.09144 | −0.446% | $146K | $712K | 50x | |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09180 | −0.054% | $426 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09182 | −0.033% | $70K | $67K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09180 | −0.054% | $2.1M | $2.2M | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0206% | 1h | 0.09186 | +0.010% | $1.4M | $2.5M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0213% | 8h | 0.09178 | −0.076% | — | $5.4M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0345% / S −0.0242% | 1h | 0.09175 | −0.111% | $79K | — | 100x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0403% | 1h | 0.09189 | +0.044% | $506K | $152K | 50x | as long as short |
Lighter HBAR
Extended HBAR-USD
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDC
GRVT HBAR_USDT_Perp
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Kraken Futures PF_HBARUSD
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]
Deribit HBAR_USDC-PERPETUAL