Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.008%
Price spread now: Backpack against BingX−0.280%7-day average — · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$530.525% of the position
Funding, last 7 days−0.274%−$27 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.280% cheaper against BingX than usual: you would sell low and buy high, −$28 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX HBAR-USDC | 0.09282 | 0.0100 | pay 0.0100% / 8h | 7h 43m | — | $6.7M | — |
| Short | Backpack HBAR_USDC_PERP | 0.09256 | 0.0100 | get 0.0013% / 1h | 43m 54s | $36K | $103K | 15x |
BingX HBAR-USDC
Backpack HBAR_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against BingX. 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: −0.280% → 0.000%
- −$28.01
- Slippage, 4 orders
- −$32.51
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$80.52
- Costs to cover
- 0.525%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; Backpack: live order book, 29 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 BingX live order book, 4 min ago | 1.08 bp | 17.1 bp −$17 | 64.5 bp −$645 | 283.5 bp −$28.3K | 788.2 bp −$394.1K |
| Sell Backpack live order book, 29 min ago | 0.54 bp | 8.3 bp −$8 | 558.9 bp −$5,589 | 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni HBARUSDT | −0.0182% | 1h | 0.09268 | −0.151% | $148K | $708K | 50x | as long as short |
| GRVT HBAR_USDT_Perp | −0.0118% | 8h | 0.09279 | −0.035% | $374K | $2.2M | 10x | as long as short |
| Gate HBAR_USDT | −0.0088% | 8h | 0.09275 | −0.075% | $2.4M | $3.4M | 75x | as long as short |
| KuCoin HBARUSDTM | −0.0083% | 8h | 0.09261 | −0.226% | $7.3M | $7.8M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09276 | −0.070% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09260 | −0.233% | $8K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09267 | −0.162% | $1K | $106K | 12x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0056% | 1h | 0.09278 | −0.043% | $228K | $2.3M | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0058% | 1h | 0.09260 | −0.233% | $1.4M | $2.3M | 50x | as long as short |
| Extended HBAR-USD | +0.0072% | 1h | 0.09267 | −0.164% | $51K | $269K | 10x | as long as short |
ApeX Omni HBARUSDT
GRVT HBAR_USDT_Perp
Gate HBAR_USDT
KuCoin HBARUSDTM
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Coinbase International HBAR-PERP-INTX
Kraken Futures PF_HBARUSD
Extended HBAR-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni HBAR | +0.0072% | 8h | 0.09262 | −0.215% | $1.0M | $202K | — | as long as short |
| MEXC HBAR_USDT | +0.0073% | 8h | 0.09276 | −0.065% | $26.1M | $22.3M | 200x | as long as short |
| Binance HBARUSDT | +0.0073% | 8h | 0.09283 | +0.011% | $34.7M | $109.7M | 75x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0077% | 8h | 0.09252 | −0.323% | $2K | $17K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09254 | −0.302% | $566K | $552K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09272 | −0.108% | $8.9M | $2.8M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09262 | −0.221% | $211K | $429K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09285 | +0.032% | $33.0M | $36.2M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09287 | +0.054% | $6.8M | $25.2M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09273 | −0.097% | $17.3M | $15.0M | 75x | as long as short |
| BingX HBAR-USDClong | +0.0100% | 8h | 0.09282 | long leg | — | $6.7M | — | |
| Backpack HBAR_USDC_PERPshort | +0.0100% | 1h | 0.09256 | −0.280% | $36K | $103K | 15x | |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09254 | −0.302% | $430 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09273 | −0.097% | $73K | $60K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09254 | −0.302% | $2.2M | $2.1M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0194% | 8h | 0.09267 | −0.162% | $1.5M | $5.8M | 90x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0398% | 1h | 0.09266 | −0.172% | $510K | $166K | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0489% / S −0.0522% | 1h | 0.09258 | −0.263% | $118K | — | 100x | as long as short |
Variational Omni HBAR
MEXC HBAR_USDT
Binance HBARUSDT
Orderly PERP_HBAR_USDC
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
BloFin HBAR-USDT
Deribit HBAR_USDC-PERPETUAL
GMX HBAR/USD [WBTC.b-USDC]