Funding you earn now, next payment 00:00 UTC−0.0048%/8h= −5.2% APRnext payment −$0.48 per $10,000 · paid last 24h −0.017%
Price spread now: Binance against BingX+0.032%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$510.515% of the position
Funding, last 7 days−0.066%−$7 on $10k
+Price spread, last 7 days−0.032%−$3 · spread now +0.032%, 7d avg +0.005%
=The price spread pays, funding is against you. Binance is 0.027% dearer against BingX than usual: you sell high and buy low (spread +0.032% now, against its 7-day average of +0.005%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 46 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX HBAR-USDC | 0.09166 | 0.0100 | pay 0.0100% / 8h | 2h 38m | — | $6.6M | — |
| Short | Binance HBARUSDT | 0.09169 | 0.0052 | get 0.0052% / 8h | 2h 38m | $34.5M | $110.5M | 75x |
BingX HBAR-USDC
Binance HBARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$10.02
- Price spread: +0.032% → +0.005%
- $2.73
- Slippage, 4 orders
- −$31.49
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$58.78
- Costs to cover
- 0.515%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; Binance: 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 BingX live order book, 4 min ago | 1.09 bp | 16.4 bp −$16 | 56.8 bp −$568 | 353.8 bp −$35.4K | 836.3 bp −$418.1K |
| Sell Binance live order book, 4 min ago | 0.54 bp | 7.4 bp −$7 | 17.3 bp −$173 | 58.1 bp −$5,813 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate HBAR_USDT | −0.0038% | 8h | 0.09165 | −0.011% | $2.4M | $3.5M | 75x | as long as short |
| KuCoin HBARUSDTM | −0.0038% | 8h | 0.09167 | +0.011% | $7.3M | $7.9M | 75x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09170 | +0.044% | $505K | $150K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09168 | +0.023% | $8K | — | 150x | as long as short |
| Backpack HBAR_USDC_PERP | +0.0033% | 1h | 0.09164 | −0.022% | $31K | $101K | 15x | as long as short |
| Variational Omni HBAR | +0.0046% | 8h | 0.09187 | +0.224% | $1.0M | $198K | — | as long as short |
| MEXC HBAR_USDT | +0.0052% | 8h | 0.09168 | +0.022% | $24.0M | $22.7M | 200x | as long as short |
| Binance HBARUSDTshort | +0.0052% | 8h | 0.09169 | +0.032% | $34.5M | $110.5M | 75x | |
| Extended HBAR-USD | +0.0056% | 1h | 0.09167 | +0.008% | $51K | $210K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0072% | 1h | 0.09166 | 0.000% | $220K | $2.2M | 50x | as long as short |
Gate HBAR_USDT
KuCoin HBARUSDTM
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Backpack HBAR_USDC_PERP
Variational Omni HBAR
MEXC HBAR_USDT
Extended HBAR-USD
Coinbase International HBAR-PERP-INTXShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09162 | −0.044% | $2K | $18K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09166 | 0.000% | $563K | $590K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09181 | +0.160% | $8.8M | $2.9M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09171 | +0.057% | $215K | $428K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09168 | +0.022% | $32.8M | $37.0M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09169 | +0.033% | $6.9M | $24.6M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09172 | +0.065% | $16.9M | $14.9M | 75x | as long as short |
| BingX HBAR-USDClong | +0.0100% | 8h | 0.09166 | long leg | — | $6.6M | — | |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09194 | +0.310% | $374K | $2.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09195 | +0.316% | $147K | $706K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09162 | −0.044% | $425 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09179 | +0.142% | $72K | $53K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09164 | −0.022% | $2.2M | $2.2M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0172% | 8h | 0.09160 | −0.065% | $1.4M | $5.6M | 90x | as long as short |
| Injective HBAR/USDC PERP | +0.0311% | 1h | 0.09211 | +0.491% | $1K | $84K | 12x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0385% | 1h | 0.09171 | +0.053% | $1.4M | $2.4M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0444% / S −0.0366% | 1h | 0.09168 | +0.019% | $112K | — | 100x | as long as short |
| dYdX HBAR-USD | +0.3056% | 1h | 0.09172 | +0.063% | $30K | $4K | 5x | as long as short |
Orderly PERP_HBAR_USDC
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
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]
dYdX HBAR-USD