Funding you earn now, next payment 04:00 UTC+0.0181%/8h= +19.8% APRpaid last 24h +0.010%
Price spread now: Deribit against BingX−0.011%7-day average +0.087% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$510.514% of the position
Funding, last 7 days−0.062%−$6 on $10k
+Price spread, last 4 days (all we have)+0.011%+$1 · spread now −0.011%, 7d avg +0.087%
=Funding pays, the price is against you. Deribit is 0.098% cheaper against BingX than usual: you would sell low and buy high (spread −0.011% now, against its 7-day average of +0.087%). If the spread goes back, that is −$10 on $10k: about 43 hours of funding at the current rate (+$5 a day). Mind the row above: over the last 7 days funding on this pair cost −0.062%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX HBAR-USDC | 0.09423 | 0.0100 | pay 0.0100% / 8h | 4h 02m | — | $6.7M | — |
| Short | Deribit HBAR_USDC-PERPETUAL | 0.09422 | 0.0281 | get 0.0035% / 1h | 2m 54s | $519K | $186K | 50x |
BingX HBAR-USDC
Deribit HBAR_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $38.01
- Price spread: −0.011% → +0.087%
- −$9.76
- Slippage, 4 orders
- −$34.38
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$23.13
- Costs to cover
- 0.514%
- Break-even
- 11.3 days
Slippage from BingX: live order book, 10 min ago; Deribit: live order book, 56 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, 10 min ago | 1.07 bp | 16.4 bp −$16 | 62.4 bp −$624 | 268.8 bp −$26.9K | 772.5 bp −$386.2K |
| Sell Deribit live order book, 56 min ago | 4.88 bp | 8.4 bp −$8 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX HBAR-USD | 0.0000% | 1h | 0.09392 | −0.328% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0011% | 1h | 0.09416 | −0.070% | $9K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | −1.496% | $1K | $105K | 12x | as long as short |
| KuCoin HBARUSDTM | +0.0042% | 8h | 0.09422 | −0.011% | $7.2M | $7.3M | 75x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09391 | −0.340% | $233K | $2.2M | 50x | as long as short |
| Gate HBAR_USDT | +0.0079% | 8h | 0.09422 | −0.011% | $2.4M | $2.9M | 75x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0080% | 8h | 0.09414 | −0.096% | $2K | $14K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09405 | −0.191% | $570K | $599K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09425 | +0.021% | $9.5M | $3.2M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09425 | +0.019% | $215K | $328K | 50x | as long as short |
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
KuCoin HBARUSDTM
Coinbase International HBAR-PERP-INTX
Gate HBAR_USDT
Orderly PERP_HBAR_USDC
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance HBARUSDT | +0.0100% | 8h | 0.09424 | +0.011% | $34.9M | $108.6M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09424 | +0.011% | $33.2M | $34.9M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09422 | −0.011% | $6.7M | $25.6M | 50x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09424 | +0.011% | $26.2M | $19.9M | 200x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09423 | 0.000% | $17.2M | $15.3M | 75x | as long as short |
| BingX HBAR-USDClong | +0.0100% | 8h | 0.09423 | long leg | — | $6.7M | — | |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09413 | −0.106% | $39K | $201K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09372 | −0.543% | $1.0M | $187K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09426 | +0.030% | $379K | $2.6M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09393 | −0.318% | $152K | $713K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09408 | −0.159% | $437 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09395 | −0.297% | $71K | $67K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09405 | −0.191% | $2.2M | $2.2M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09422 | −0.008% | $50K | $277K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09408 | −0.159% | $1.5M | $5.5M | 90x | as long as short |
| Deribit HBAR_USDC-PERPETUALshort | +0.0281% | 1h | 0.09422 | −0.011% | $519K | $186K | 50x | |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0349% / S −0.0242% | 1h | 0.09412 | −0.116% | $81K | — | 100x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0385% | 1h | 0.09415 | −0.090% | $1.3M | $2.8M | 50x | as long as short |
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
MEXC HBAR_USDT
Bitget HBARUSDT
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]
Kraken Futures PF_HBARUSD