Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.023%
Price spread now: BloFin against Binance+0.009%71s7-day average +0.031% · you sell dearer than you buy
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−$370.369% of the position
Funding, last 7 days+0.225%+$22 on $10k
+Price spread, last 3 days (all we have)−0.003%$0 · spread now +0.009%, 7d avg +0.031%
=Funding pays, the price is against you. BloFin is 0.022% cheaper against Binance than usual: you would sell low and buy high (spread +0.009% now, against its 7-day average of +0.031%). If the spread goes back, that is −$2 on $10k: about 15 hours of funding at the current rate (+$4 a day). The two prices were read 71 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 | Binance HBARUSDT | 0.09229 | 0.0098 | pay 0.0098% / 8h | 1h 10m | $34.6M | $110.5M | 75x |
| Short | BloFin HBAR-USDT | 0.09230 | 0.0218 | get 0.0218% / 8h | 1h 10m | $1.4M | $5.5M | 90x |
Binance HBARUSDT
BloFin HBAR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- $25.21
- Price spread: +0.009% → +0.031%
- −$2.19
- Slippage, 4 orders
- −$14.93
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$13.91
- Costs to cover
- 0.369%
- Break-even
- 10.9 days
Slippage from Binance: live order book, 3 min ago; BloFin: live order book, 4 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 Binance live order book, 3 min ago | 0.54 bp | 7.1 bp −$7 | 14.8 bp −$148 | 58.4 bp −$5,844 | doesn't fit |
| Sell BloFin live order book, 4 min ago | 2.17 bp | 9.4 bp −$9 | 12.5 bp −$125 | 30.5 bp −$3,049 | 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 | +0.410% | $1K | $112K | 12x | as long as short |
| KuCoin HBARUSDTM | −0.0024% | 8h | 0.09228 | −0.013% | $7.4M | $7.8M | 75x | as long as short |
| Gate HBAR_USDT | −0.0001% | 8h | 0.09229 | −0.002% | $2.4M | $3.6M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09232 | +0.033% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09232 | +0.030% | $508K | $166K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0013% | 1h | 0.09229 | 0.000% | $8K | — | 150x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09228 | −0.013% | $223K | $2.2M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0077% | 8h | 0.09223 | −0.067% | $2K | $17K | 10x | as long as short |
| Variational Omni HBAR | +0.0088% | 8h | 0.09234 | +0.055% | $1.0M | $198K | — | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09229 | −0.002% | $566K | $591K | 5x | as long as short |
Injective HBAR/USDC PERP
KuCoin HBARUSDTM
Gate HBAR_USDT
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Coinbase International HBAR-PERP-INTX
Orderly PERP_HBAR_USDC
Variational Omni HBAR
Lighter HBARShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended HBAR-USD | +0.0096% | 1h | 0.09223 | −0.067% | $51K | $218K | 10x | as long as short |
| MEXC HBAR_USDT | +0.0098% | 8h | 0.09227 | −0.024% | $25.7M | $22.8M | 200x | as long as short |
| Binance HBARUSDTlong | +0.0098% | 8h | 0.09229 | long leg | $34.6M | $110.5M | 75x | |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09245 | +0.168% | $8.8M | $2.9M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09228 | −0.012% | $210K | $429K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09227 | −0.024% | $32.9M | $37.0M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09228 | −0.013% | $6.8M | $25.0M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09231 | +0.019% | $17.0M | $14.9M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09229 | −0.002% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09233 | +0.041% | $34K | $102K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09234 | +0.055% | $376K | $2.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09233 | +0.041% | $148K | $707K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09225 | −0.046% | $428 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09243 | +0.149% | $73K | $53K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09227 | −0.024% | $2.2M | $2.2M | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0194% | 1h | 0.09231 | +0.024% | $1.4M | $2.2M | 50x | as long as short |
| BloFin HBAR-USDTshort | +0.0218% | 8h | 0.09230 | +0.009% | $1.4M | $5.5M | 90x | |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0447% / S −0.0339% | 1h | 0.09228 | −0.017% | $116K | — | 100x | as long as short |
Extended HBAR-USD
MEXC HBAR_USDT
Hyperliquid HBAR
Aster HBARUSDT
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
Kraken Futures PF_HBARUSD
GMX HBAR/USD [WBTC.b-USDC]