Funding you earn now, next payment 00:00 UTC−0.0015%/8h= −1.6% APRnext payment −$0.15 per $10,000 · paid last 24h −0.027%
Price spread now: MEXC against Bitget−0.021%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$290.291% of the position
Funding, last 7 days−0.070%−$7 on $10k
+Price spread, last 7 days0.000%$0 · spread now −0.021%, 7d avg +0.005%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and MEXC is 0.027% cheaper against Bitget than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.005%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget HBARUSDT | 0.09332 | 0.0100 | pay 0.0100% / 8h | 1h 42m | $17.2M | $14.8M | 75x |
| Short | MEXC HBAR_USDT | 0.09330 | 0.0085 | get 0.0085% / 8h | 1h 42m | $25.7M | $22.4M | 200x |
Bitget HBARUSDT
MEXC HBAR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$3.15
- Price spread: −0.021% → +0.005%
- −$2.68
- Slippage, 4 orders
- −$17.14
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$34.97
- Costs to cover
- 0.291%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; MEXC: live order book, 2 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, 2 min ago | 0.54 bp | 11.5 bp −$12 | 15.5 bp −$155 | 53.5 bp −$5,347 | doesn't fit |
| Sell MEXC live order book, 2 min ago | 3.22 bp | 4.0 bp −$4 | 12.1 bp −$121 | 36.8 bp −$3,677 | 133.1 bp −$66.6K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective HBAR/USDC PERP | −0.0153% | 1h | 0.09267 | −0.697% | $1K | $112K | 12x | as long as short |
| Gate HBAR_USDT | −0.0021% | 8h | 0.09328 | −0.043% | $2.4M | $3.5M | 75x | as long as short |
| KuCoin HBARUSDTM | −0.0010% | 8h | 0.09326 | −0.064% | $7.4M | $7.9M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09327 | −0.049% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09340 | +0.086% | $514K | $151K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09337 | +0.048% | $8K | — | 150x | as long as short |
| Variational Omni HBAR | +0.0060% | 8h | 0.09283 | −0.529% | $1.0M | $197K | — | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09329 | −0.032% | $223K | $2.2M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09331 | −0.011% | $2K | $16K | 10x | as long as short |
| MEXC HBAR_USDTshort | +0.0085% | 8h | 0.09330 | −0.021% | $25.7M | $22.4M | 200x |
Injective HBAR/USDC PERP
Gate HBAR_USDT
KuCoin HBARUSDTM
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Variational Omni HBAR
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance HBARUSDT | +0.0085% | 8h | 0.09333 | +0.013% | $35.1M | $110.4M | 75x | as long as short |
| Extended HBAR-USD | +0.0088% | 1h | 0.09332 | +0.004% | $51K | $218K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09334 | +0.021% | $573K | $591K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09335 | +0.031% | $8.9M | $2.9M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09336 | +0.043% | $213K | $429K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09327 | −0.054% | $33.2M | $37.0M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09323 | −0.096% | $6.9M | $25.2M | 50x | as long as short |
| Bitget HBARUSDTlong | +0.0100% | 8h | 0.09332 | long leg | $17.2M | $14.8M | 75x | |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09328 | −0.043% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09328 | −0.043% | $34K | $104K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09299 | −0.354% | $379K | $2.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09303 | −0.311% | $149K | $706K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09333 | +0.011% | $433 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09347 | +0.161% | $73K | $53K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09328 | −0.043% | $2.2M | $2.1M | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0192% | 1h | 0.09342 | +0.109% | $1.4M | $2.2M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0205% | 8h | 0.09317 | −0.161% | $1.5M | $5.6M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0449% / S −0.0478% | 1h | 0.09336 | +0.039% | $105K | — | 100x | as long as short |
Binance HBARUSDT
Extended HBAR-USD
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
Kraken Futures PF_HBARUSD
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]