Funding you earn now, next payment 02:00 UTC−0.0193%/8h= −21.2% APRpaid last 24h −0.005%
Price spread now: ApeX Omni against Bitget−0.228%7-day average +0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$470.468% of the position
Funding, last 7 days−0.005%−$1 on $10k
+Price spread, last 4 days (all we have)+0.610%+$61 · spread now −0.228%, 7d avg +0.037%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and ApeX Omni is 0.265% cheaper against Bitget than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of +0.037%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.005% in total (about -0.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget HBARUSDT | 0.09217 | 0.0100 | pay 0.0100% / 8h | 6h 29m | $17.0M | $14.9M | 75x |
| Short | ApeX Omni HBARUSDT | 0.09196 | −0.0093 | pay 0.0012% / 1h | 29m 36s | $147K | $725K | 50x |
Bitget HBARUSDT
ApeX Omni HBARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Bitget. 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
- −$40.59
- Price spread: −0.228% → +0.037%
- −$26.52
- Slippage, 4 orders
- −$24.8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$113.92
- Costs to cover
- 0.468%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; ApeX Omni: live order book, 39 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 Bitget live order book, 4 min ago | 0.54 bp | 11.5 bp −$12 | 15.4 bp −$154 | 53.4 bp −$5,341 | doesn't fit |
| Sell ApeX Omni live order book, 39 min ago | 4.28 bp | 12.2 bp −$12 | 92.9 bp −$929 | doesn't fit | doesn't fit |
HBAR on 27 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 HBARUSDTshort | −0.0093% | 1h | 0.09196 | −0.228% | $147K | $725K | 50x | |
| KuCoin HBARUSDTM | −0.0069% | 8h | 0.09213 | −0.043% | $7.2M | $7.4M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09216 | −0.008% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09205 | −0.134% | $8K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | +0.705% | $1K | $106K | 12x | as long as short |
| Gate HBAR_USDT | +0.0049% | 8h | 0.09217 | 0.000% | $2.4M | $3.0M | 75x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09203 | −0.152% | $222K | $2.1M | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0069% | 1h | 0.09218 | +0.010% | $1.4M | $2.4M | 50x | as long as short |
| Variational Omni HBAR | +0.0071% | 8h | 0.09192 | −0.270% | $1.0M | $186K | — | as long as short |
| Extended HBAR-USD | +0.0072% | 1h | 0.09215 | −0.027% | $47K | $278K | 10x | as long as short |
KuCoin HBARUSDTM
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Gate HBAR_USDT
Coinbase International HBAR-PERP-INTX
Kraken Futures PF_HBARUSD
Variational Omni HBAR
Extended HBAR-USDShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC HBAR_USDT | +0.0072% | 8h | 0.09214 | −0.033% | $26.1M | $21.9M | 200x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0072% | 8h | 0.09191 | −0.281% | $368K | $2.2M | 10x | as long as short |
| Binance HBARUSDT | +0.0072% | 8h | 0.09220 | +0.032% | $34.3M | $104.5M | 75x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0074% | 8h | 0.09199 | −0.195% | $2K | $17K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09213 | −0.043% | $560K | $596K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09225 | +0.082% | $8.8M | $2.7M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09215 | −0.019% | $210K | $322K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09217 | 0.000% | $32.7M | $34.7M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09218 | +0.011% | $6.7M | $24.4M | 50x | as long as short |
| Bitget HBARUSDTlong | +0.0100% | 8h | 0.09217 | long leg | $17.0M | $14.9M | 75x | |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09218 | +0.011% | — | $6.2M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09221 | +0.043% | $32K | $123K | 15x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09210 | −0.076% | $428 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09217 | 0.000% | $70K | $66K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09211 | −0.065% | $2.1M | $2.2M | 50x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0402% | 1h | 0.09218 | +0.011% | $508K | $154K | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0486% / S −0.0549% | 1h | 0.09204 | −0.144% | $114K | — | 100x | as long as short |
MEXC HBAR_USDT
GRVT HBAR_USDT_Perp
Binance HBARUSDT
Orderly PERP_HBAR_USDC
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
BingX HBAR-USDT
Backpack HBAR_USDC_PERP
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Deribit HBAR_USDC-PERPETUAL
GMX HBAR/USD [WBTC.b-USDC]