Funding you earn now, next payment 00:00 UTC−0.0087%/8h= −9.5% APRpaid last 24h +0.016%
Price spread now: Deribit against Binance+0.086%7-day average +0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$360.356% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 3 days (all we have)−0.047%−$5 · spread now +0.086%, 7d avg +0.090%
=The price spread sits at its 7-day average of +0.090%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HBARUSDT | 0.09264 | 0.0087 | pay 0.0087% / 8h | 6m 16s | $34.8M | $109.4M | 75x |
| Short | Deribit HBAR_USDC-PERPETUAL | 0.09272 | 0 | get 0.0000% / 1h | 6m 16s | $511K | $166K | 50x |
Binance HBARUSDT
Deribit HBAR_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$18.22
- Price spread: +0.086% → +0.090%
- −$0.38
- Slippage, 4 orders
- −$18.59
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$54.19
- Costs to cover
- 0.356%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; Deribit: live order book, 7 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, 7 min ago | 0.54 bp | 6.8 bp −$7 | 13.9 bp −$139 | 56.8 bp −$5,680 | doesn't fit |
| Sell Deribit live order book, 7 min ago | 5.40 bp | 10.6 bp −$11 | 17.4 bp −$174 | 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 | −0.0072% | 8h | 0.09266 | +0.022% | $7.3M | $7.8M | 75x | as long as short |
| Gate HBAR_USDT | −0.0032% | 8h | 0.09277 | +0.140% | $2.4M | $3.6M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09273 | +0.094% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUALshort | 0.0000% | 1h | 0.09272 | +0.086% | $511K | $166K | 50x | |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09271 | +0.080% | $8K | — | 150x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09282 | +0.194% | $221K | $2.2M | 50x | as long as short |
| Variational Omni HBAR | +0.0076% | 8h | 0.09262 | −0.019% | $1.0M | $202K | — | as long as short |
| Orderly PERP_HBAR_USDC | +0.0081% | 8h | 0.09263 | −0.011% | $2K | $17K | 10x | as long as short |
| Binance HBARUSDTlong | +0.0087% | 8h | 0.09264 | long leg | $34.8M | $109.4M | 75x | |
| MEXC HBAR_USDT | +0.0087% | 8h | 0.09271 | +0.076% | $25.9M | $22.5M | 200x | as long as short |
KuCoin HBARUSDTM
Gate HBAR_USDT
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Coinbase International HBAR-PERP-INTX
Variational Omni HBAR
Orderly PERP_HBAR_USDC
MEXC HBAR_USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended HBAR-USD | +0.0088% | 1h | 0.09261 | −0.028% | $51K | $218K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09276 | +0.130% | $569K | $592K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09285 | +0.231% | $8.8M | $2.9M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09278 | +0.155% | $212K | $429K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09264 | 0.000% | $33.0M | $36.6M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09264 | 0.000% | $6.8M | $25.0M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09266 | +0.022% | $17.1M | $14.8M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09266 | +0.022% | — | $5.9M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09279 | +0.162% | $34K | $101K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09273 | +0.097% | $374K | $2.2M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09280 | +0.173% | $149K | $707K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09268 | +0.043% | $430 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09301 | +0.399% | $74K | $55K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09274 | +0.108% | $2.2M | $2.2M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0207% | 8h | 0.09274 | +0.108% | $1.5M | $5.8M | 90x | as long as short |
| Injective HBAR/USDC PERP | +0.0242% | 1h | 0.09267 | +0.032% | $1K | $112K | 12x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0413% | 1h | 0.09273 | +0.096% | $1.4M | $2.3M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0447% / S −0.0245% | 1h | 0.09269 | +0.055% | $132K | — | 100x | as long as short |
Extended HBAR-USD
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDT
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]