Funding you earn now, next payment 06:00 UTC+0.0236%/8h= +25.8% APRnext payment +$0.29 per $10,000 · paid last 24h +0.003%
Price spread now: SoDEX against Backpack−0.065%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. SoDEX is 0.065% cheaper against Backpack than usual: you would sell low and buy high (spread −0.065% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 22 hours of funding at the current rate (+$7 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack HBAR_USDC_PERP | 0.09215 | −0.0136 | get 0.0017% / 1h | 37m 38s | $33K | $203K | 15x |
| Short | SoDEX HBAR-USD | 0.09209 | 0.0100 | get 0.0013% / 1h | 37m 38s | $427 | $5K | 5x |
Backpack HBAR_USDC_PERP
SoDEX HBAR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- $49.56
- Price spread: −0.065% → 0.000%
- −$6.51
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- $25.04
- Costs to cover
- 0.180%
- Break-even
- 3.5 days
Slippage unknown: Backpack: live order book, 11 min ago; SoDEX: no order-book sample. Net counts fees only.
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, 11 min ago | 0.54 bp | 9.2 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack HBAR_USDC_PERPlong | −0.0136% | 1h | 0.09215 | long leg | $33K | $203K | 15x | |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09215 | 0.000% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09217 | +0.022% | $508K | $192K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0011% | 1h | 0.09210 | −0.056% | $9K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | +0.727% | $1K | $103K | 12x | as long as short |
| ApeX Omni HBARUSDT | +0.0034% | 1h | 0.09194 | −0.228% | $149K | $708K | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0079% | 8h | 0.09205 | −0.109% | $2K | $14K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0088% | 1h | 0.09203 | −0.130% | $220K | $2.3M | 50x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09213 | −0.022% | $556K | $611K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09222 | +0.071% | $8.6M | $3.6M | 5x | as long as short |
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
ApeX Omni HBARUSDT
Orderly PERP_HBAR_USDC
Coinbase International HBAR-PERP-INTX
Lighter HBAR
Hyperliquid HBARShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HBARUSDT | +0.0100% | 8h | 0.09215 | −0.001% | $198K | $335K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09207 | −0.088% | $33.8M | $111.1M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09210 | −0.054% | $32.2M | $35.4M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09208 | −0.076% | $6.5M | $25.3M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09213 | −0.022% | $2.4M | $2.7M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09213 | −0.022% | $25.2M | $19.4M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09214 | −0.011% | $7.3M | $7.5M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09219 | +0.043% | $17.0M | $15.8M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09215 | 0.000% | — | $6.7M | — | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09206 | −0.098% | $1.0M | $188K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09197 | −0.195% | $371K | $2.8M | 10x | as long as short |
| SoDEX HBAR-USDshort | +0.0100% | 1h | 0.09209 | −0.065% | $427 | $5K | 5x | |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09214 | −0.011% | $70K | $69K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09211 | −0.043% | $2.1M | $2.2M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09211 | −0.044% | $47K | $230K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09198 | −0.184% | $1.5M | $5.6M | 90x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0247% | 1h | 0.09216 | +0.013% | $1.3M | $3.0M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0616% / S −0.0663% | 1h | 0.09211 | −0.043% | $156K | — | 100x | as long as short |
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
MEXC HBAR_USDT
KuCoin HBARUSDTM
Bitget HBARUSDT
BingX HBAR-USDC
Variational Omni HBAR
GRVT HBAR_USDT_Perp
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
BloFin HBAR-USDT
Kraken Futures PF_HBARUSD
GMX HBAR/USD [WBTC.b-USDC]