Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.028%
Price spread now: MEXC against BloFin+0.063%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$210.211% of the position
Funding, last 7 days−0.225%−$23 on $10k
+Price spread, last 4 days (all we have)−0.076%−$8 · spread now +0.063%, 7d avg −0.012%
=The price spread pays, funding is against you. MEXC is 0.075% dearer against BloFin than usual: you sell high and buy low (spread +0.063% now, against its 7-day average of −0.012%): +$7 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin HBAR-USDT | 0.09459 | 0.0220 | pay 0.0220% / 8h | 3h 50m | $1.5M | $5.6M | 90x |
| Short | MEXC HBAR_USDT | 0.09465 | 0.0100 | get 0.0100% / 8h | 3h 50m | $26.3M | $19.4M | 200x |
BloFin HBAR-USDT
MEXC HBAR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against BloFin. 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: +0.063% → −0.012%
- $7.49
- Slippage, 4 orders
- −$9.1
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$38.8
- Costs to cover
- 0.211%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; MEXC: live order book, 3 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 BloFin live order book, 3 min ago | 1.06 bp | 7.1 bp −$7 | 11.0 bp −$110 | 32.5 bp −$3,246 | doesn't fit |
| Sell MEXC live order book, 3 min ago | 1.06 bp | 2.6 bp −$3 | 9.5 bp −$95 | 45.7 bp −$4,568 | 145.9 bp −$72.9K |
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 | 0.09476 | +0.178% | $31K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0011% | 1h | 0.09476 | +0.184% | $9K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | −1.871% | $1K | $105K | 12x | as long as short |
| KuCoin HBARUSDTM | +0.0063% | 8h | 0.09469 | +0.106% | $7.2M | $7.3M | 75x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0067% | 1h | 0.09476 | +0.180% | $522K | $190K | 50x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0080% | 1h | 0.09474 | +0.159% | $228K | $2.3M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0081% | 8h | 0.09471 | +0.127% | $3K | $14K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09466 | +0.074% | $572K | $602K | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09472 | +0.133% | $216K | $324K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09466 | +0.074% | $35.1M | $108.3M | 75x | as long as short |
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
KuCoin HBARUSDTM
Deribit HBAR_USDC-PERPETUAL
Coinbase International HBAR-PERP-INTX
Orderly PERP_HBAR_USDC
Lighter HBAR
Aster HBARUSDT
Binance HBARUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit HBARUSDT | +0.0100% | 8h | 0.09467 | +0.085% | $33.5M | $34.9M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09467 | +0.085% | $6.7M | $25.7M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09467 | +0.085% | $2.5M | $2.7M | 75x | as long as short |
| MEXC HBAR_USDTshort | +0.0100% | 8h | 0.09465 | +0.063% | $26.3M | $19.4M | 200x | |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09468 | +0.095% | $17.3M | $15.2M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09468 | +0.095% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09470 | +0.116% | $39K | $201K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09474 | +0.157% | $1.0M | $187K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09453 | −0.063% | $388K | $2.6M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09452 | −0.074% | $153K | $711K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09469 | +0.106% | $440 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09493 | +0.359% | $72K | $68K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09466 | +0.074% | $2.2M | $2.1M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09465 | +0.065% | $50K | $277K | 10x | as long as short |
| BloFin HBAR-USDTlong | +0.0220% | 8h | 0.09459 | long leg | $1.5M | $5.6M | 90x | |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0351% / S −0.0243% | 1h | 0.09475 | +0.166% | $82K | — | 100x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0355% | 1h | 0.09471 | +0.126% | $1.4M | $2.8M | 50x | as long as short |
| Hyperliquid HBAR | +0.0705% | 1h | 0.09486 | +0.283% | $9.6M | $3.2M | 5x | as long as short |
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
Bitget HBARUSDT
BingX HBAR-USDC
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
GMX HBAR/USD [WBTC.b-USDC]
Kraken Futures PF_HBARUSD
Hyperliquid HBAR