Funding you earn now, next payment 00:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.33 per $10,000 · paid last 24h −0.027%
Price spread now: Binance against Bitget−0.065%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$370.366% of the position
Funding, last 7 days−0.070%−$7 on $10k
+Price spread, last 7 days+0.061%+$6 · spread now −0.065%, 7d avg +0.004%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.069% cheaper against Bitget than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.004%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget HBARUSDT | 0.09233 | 0.0100 | pay 0.0100% / 8h | 2h 15m | $17.0M | $15.0M | 75x |
| Short | Binance HBARUSDT | 0.09227 | 0.0067 | get 0.0067% / 8h | 2h 15m | $34.7M | $110.8M | 75x |
Bitget HBARUSDT
Binance HBARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$6.92
- Price spread: −0.065% → +0.004%
- −$6.89
- Slippage, 4 orders
- −$14.59
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$50.4
- Costs to cover
- 0.366%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; Binance: live order book, 12 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, 3 min ago | 0.54 bp | 11.7 bp −$12 | 20.6 bp −$206 | 51.3 bp −$5,131 | doesn't fit |
| Sell Binance live order book, 12 min ago | 0.54 bp | 7.7 bp −$8 | 19.6 bp −$196 | 62.1 bp −$6,209 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HBARUSDTM | −0.0024% | 8h | 0.09229 | −0.043% | $7.3M | $7.9M | 75x | as long as short |
| Gate HBAR_USDT | −0.0021% | 8h | 0.09227 | −0.065% | $2.4M | $3.6M | 75x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09231 | −0.022% | $508K | $151K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09231 | −0.023% | $8K | — | 150x | as long as short |
| Variational Omni HBAR | +0.0054% | 8h | 0.09252 | +0.206% | $1.0M | $197K | — | as long as short |
| Extended HBAR-USD | +0.0064% | 1h | 0.09223 | −0.111% | $49K | $212K | 10x | as long as short |
| MEXC HBAR_USDT | +0.0067% | 8h | 0.09227 | −0.065% | $23.9M | $22.8M | 200x | as long as short |
| Binance HBARUSDTshort | +0.0067% | 8h | 0.09227 | −0.065% | $34.7M | $110.8M | 75x | |
| Coinbase International HBAR-PERP-INTX | +0.0072% | 1h | 0.09242 | +0.097% | $232K | $2.2M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09224 | −0.097% | $2K | $18K | 10x | as long as short |
KuCoin HBARUSDTM
Gate HBAR_USDT
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Variational Omni HBAR
Extended HBAR-USD
MEXC HBAR_USDT
Coinbase International HBAR-PERP-INTX
Orderly PERP_HBAR_USDCShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack HBAR_USDC_PERP | +0.0091% | 1h | 0.09228 | −0.054% | $31K | $103K | 15x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09231 | −0.022% | $567K | $590K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09243 | +0.109% | $8.8M | $2.9M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09222 | −0.114% | $210K | $429K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09227 | −0.065% | $33.0M | $37.1M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09229 | −0.043% | $6.9M | $24.8M | 50x | as long as short |
| Bitget HBARUSDTlong | +0.0100% | 8h | 0.09233 | long leg | $17.0M | $15.0M | 75x | |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09228 | −0.054% | — | $6.7M | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09259 | +0.286% | $377K | $2.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09252 | +0.206% | $148K | $709K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09224 | −0.097% | $428 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09251 | +0.195% | $73K | $52K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09228 | −0.054% | $2.2M | $2.2M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0187% | 8h | 0.09243 | +0.108% | $1.5M | $5.6M | 90x | as long as short |
| Injective HBAR/USDC PERP | +0.0311% | 1h | 0.09234 | +0.011% | $2K | $112K | 12x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0382% | 1h | 0.09235 | +0.017% | $1.4M | $2.4M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0446% / S −0.0478% | 1h | 0.09230 | −0.034% | $103K | — | 100x | as long as short |
| dYdX HBAR-USD | +0.3483% | 1h | 0.09239 | +0.067% | $30K | $4K | 5x | as long as short |
Backpack HBAR_USDC_PERP
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
BingX HBAR-USDC
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