Funding you earn now, next payment 00:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.002%
Price spread now: Gate against Bitget+0.043%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$520.516% of the position
Funding, last 7 days−0.029%−$3 on $10k
+Price spread, last 7 days−0.003%$0 · spread now +0.043%, 7d avg +0.012%
=The price spread pays, funding is against you. Gate is 0.031% dearer against Bitget than usual: you sell high and buy low (spread +0.043% now, against its 7-day average of +0.012%): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 21 hours. At the pace of the last 7 days (−0.029% in total) that is about 7.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget HBARUSDT | 0.09242 | 0.0100 | pay 0.0100% / 8h | 2h 17m | $17.0M | $15.0M | 75x |
| Short | Gate HBAR_USDT | 0.09246 | −0.0020 | pay 0.0020% / 8h | 2h 17m | $2.4M | $3.6M | 75x |
Bitget HBARUSDT
Gate HBAR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$25.2
- Price spread: +0.043% → +0.012%
- $3.13
- Slippage, 4 orders
- −$24.64
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$73.72
- Costs to cover
- 0.516%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; Gate: live order book, 1 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, 1 min ago | 0.54 bp | 11.7 bp −$12 | 20.6 bp −$206 | 51.3 bp −$5,131 | doesn't fit |
| Sell Gate live order book, 1 min ago | 2.70 bp | 17.3 bp −$17 | 53.7 bp −$537 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HBARUSDTM | −0.0025% | 8h | 0.09241 | −0.011% | $7.3M | $7.9M | 75x | as long as short |
| Gate HBAR_USDTshort | −0.0020% | 8h | 0.09246 | +0.043% | $2.4M | $3.6M | 75x | |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09247 | +0.054% | $509K | $151K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09245 | +0.031% | $8K | — | 150x | as long as short |
| Variational Omni HBAR | +0.0054% | 8h | 0.09252 | +0.108% | $1.0M | $197K | — | as long as short |
| Extended HBAR-USD | +0.0064% | 1h | 0.09241 | −0.012% | $51K | $210K | 10x | as long as short |
| Binance HBARUSDT | +0.0067% | 8h | 0.09238 | −0.043% | $34.8M | $110.8M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0068% | 8h | 0.09245 | +0.032% | $24.0M | $22.7M | 200x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0072% | 1h | 0.09242 | 0.000% | $232K | $2.2M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09241 | −0.011% | $2K | $18K | 10x | as long as short |
KuCoin HBARUSDTM
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Variational Omni HBAR
Extended HBAR-USD
Binance HBARUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter HBAR | +0.0096% | 1h | 0.09239 | −0.032% | $567K | $590K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09255 | +0.143% | $8.8M | $2.9M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09241 | −0.012% | $211K | $429K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09237 | −0.054% | $33.1M | $37.1M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09237 | −0.054% | $6.9M | $24.8M | 50x | as long as short |
| Bitget HBARUSDTlong | +0.0100% | 8h | 0.09242 | long leg | $17.0M | $15.0M | 75x | |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09242 | 0.000% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09247 | +0.054% | $31K | $103K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09259 | +0.188% | $377K | $2.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09252 | +0.108% | $148K | $709K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09239 | −0.032% | $429 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09257 | +0.162% | $73K | $52K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09237 | −0.054% | $2.2M | $2.2M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0187% | 8h | 0.09243 | +0.011% | $1.5M | $5.6M | 90x | as long as short |
| Injective HBAR/USDC PERP | +0.0311% | 1h | 0.09234 | −0.087% | $2K | $112K | 12x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0381% | 1h | 0.09248 | +0.062% | $1.4M | $2.4M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0446% / S −0.0478% | 1h | 0.09245 | +0.035% | $104K | — | 100x | as long as short |
| dYdX HBAR-USD | +0.3429% | 1h | 0.09247 | +0.051% | $30K | $4K | 5x | as long as short |
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
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