Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.006%
Price spread now: Aster against Backpack−0.110%55s7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$440.444% of the position
Funding, last 5 days (all we have)+0.125%+$13 on $10k
+Price spread, last 4 days (all we have)+0.065%+$7 · spread now −0.110%, 7d avg +0.001%
=Together, before fees+0.191%+ Points / potential airdropAster: Stage 5 · farm board+$19 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.110% cheaper against Backpack than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.001%. The two prices were read 55 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 | 0.09328 | 0.0100 | pay 0.0013% / 1h | 41m 18s | $34K | $104K | 15x |
| Short | Aster HBARUSDT | 0.09318 | 0.0100 | get 0.0100% / 8h | 1h 41m | $213K | $429K | 50x |
Backpack HBAR_USDC_PERP
Aster HBARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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: −0.110% → +0.001%
- −$11.02
- Slippage, 4 orders
- −$26.36
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$55.38
- Costs to cover
- 0.444%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 42 min ago; Aster: live order book, 41 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, 42 min ago | 0.54 bp | 8.4 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 41 min ago | 8.11 bp | 12.1 bp −$12 | 106.1 bp −$1,061 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective HBAR/USDC PERP | −0.0153% | 1h | 0.09267 | −0.654% | $1K | $112K | 12x | as long as short |
| Gate HBAR_USDT | −0.0023% | 8h | 0.09317 | −0.118% | $2.4M | $3.5M | 75x | as long as short |
| KuCoin HBARUSDTM | −0.0010% | 8h | 0.09316 | −0.129% | $7.4M | $7.9M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09329 | +0.010% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09322 | −0.064% | $513K | $151K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09320 | −0.082% | $8K | — | 150x | as long as short |
| Variational Omni HBAR | +0.0060% | 8h | 0.09283 | −0.487% | $1.0M | $197K | — | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09321 | −0.075% | $223K | $2.2M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09314 | −0.150% | $2K | $16K | 10x | as long as short |
| MEXC HBAR_USDT | +0.0085% | 8h | 0.09317 | −0.118% | $25.7M | $22.4M | 200x | as long as short |
Injective HBAR/USDC PERP
Gate HBAR_USDT
KuCoin HBARUSDTM
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Variational Omni HBAR
Coinbase International HBAR-PERP-INTX
Orderly PERP_HBAR_USDC
MEXC HBAR_USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance HBARUSDT | +0.0087% | 8h | 0.09317 | −0.117% | $35.0M | $110.4M | 75x | as long as short |
| Extended HBAR-USD | +0.0088% | 1h | 0.09316 | −0.126% | $51K | $218K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09318 | −0.107% | $572K | $591K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09330 | +0.017% | $8.9M | $2.9M | 5x | as long as short |
| Aster HBARUSDTshort | +0.0100% | 8h | 0.09318 | −0.110% | $213K | $429K | 50x | |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09318 | −0.107% | $33.2M | $37.0M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09317 | −0.118% | $6.8M | $25.2M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09318 | −0.107% | $17.2M | $14.8M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09317 | −0.118% | — | $5.9M | — | as long as short |
| Backpack HBAR_USDC_PERPlong | +0.0100% | 1h | 0.09328 | long leg | $34K | $104K | 15x | |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09299 | −0.311% | $379K | $2.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09303 | −0.268% | $149K | $706K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09318 | −0.107% | $433 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09332 | +0.043% | $73K | $53K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09316 | −0.129% | $2.2M | $2.1M | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0192% | 1h | 0.09327 | −0.013% | $1.4M | $2.2M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0207% | 8h | 0.09314 | −0.150% | $1.4M | $5.6M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0448% / S −0.0478% | 1h | 0.09318 | −0.103% | $104K | — | 100x | as long as short |
Binance HBARUSDT
Extended HBAR-USD
Lighter HBAR
Hyperliquid HBAR
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDT
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Kraken Futures PF_HBARUSD
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]