Funding you earn now, next payment 08:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.189%
Price spread now: Injective against Binance−0.833%57s7-day average −0.079% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.789%−$79 on $10k
+Price spread, last 4 days (all we have)+0.416%+$42 · spread now −0.833%, 7d avg −0.079%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 0.754% cheaper against Binance than usual: you would sell low and buy high (−$75 if the spread goes back to its 7-day average of −0.079%). Swap the legs. The two prices were read 57 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 | 0.09360 | 0.0100 | pay 0.0100% / 8h | 44m 23s | $34.5M | $111.2M | 75x |
| Short | Injective HBAR/USDC PERP | 0.09282 | 0.0033 | get 0.0004% / 1h | 44m 23s | $1K | $103K | 12x |
Binance HBARUSDT
Injective HBAR/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$14
- Price spread: −0.833% → −0.079%
- −$75.45
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$99.47
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 13 min ago; Injective: 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 Binance live order book, 13 min ago | 0.54 bp | 8.6 bp −$9 | 15.7 bp −$157 | 61.2 bp −$6,124 | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_HBARUSD | −0.0145% | 1h | 0.09363 | +0.031% | $1.3M | $2.9M | 50x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09369 | +0.096% | $516K | $178K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0008% | 1h | 0.09361 | +0.006% | $10K | — | 150x | as long as short |
| Injective HBAR/USDC PERPshort | +0.0033% | 1h | 0.09282 | −0.833% | $1K | $103K | 12x | |
| Orderly PERP_HBAR_USDC | +0.0079% | 8h | 0.09359 | −0.011% | $4K | $10K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0080% | 1h | 0.09367 | +0.075% | $207K | $2.3M | 50x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09358 | −0.021% | $563K | $597K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09367 | +0.079% | $8.7M | $3.6M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09361 | +0.009% | $201K | $325K | 50x | as long as short |
| Binance HBARUSDTlong | +0.0100% | 8h | 0.09360 | long leg | $34.5M | $111.2M | 75x |
Kraken Futures PF_HBARUSD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Orderly PERP_HBAR_USDC
Coinbase International HBAR-PERP-INTX
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit HBARUSDT | +0.0100% | 8h | 0.09364 | +0.043% | $32.1M | $35.4M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09362 | +0.021% | $6.6M | $25.0M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09358 | −0.021% | $2.4M | $2.7M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09358 | −0.021% | $25.9M | $19.9M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09359 | −0.011% | $7.4M | $7.4M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09360 | 0.000% | $17.3M | $15.9M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09361 | +0.011% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09366 | +0.064% | $38K | $198K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09361 | +0.007% | $1.0M | $179K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09365 | +0.055% | $380K | $3.2M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09354 | −0.064% | $152K | $702K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09359 | −0.011% | $434 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09378 | +0.192% | $71K | $70K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09360 | 0.000% | $2.2M | $2.1M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09358 | −0.017% | $51K | $281K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09359 | −0.011% | $1.5M | $5.7M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0360% / S −0.0259% | 1h | 0.09361 | +0.013% | $84K | — | 100x | as long as short |
| dYdX HBAR-USD | +0.0507% | 1h | 0.09359 | −0.010% | $30K | $8K | 5x | as long as short |
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
MEXC HBAR_USDT
KuCoin HBARUSDTM
Bitget HBARUSDT
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
Variational Omni HBAR
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]
dYdX HBAR-USD