Funding you earn now, next payment 16:00 UTC−0.0137%/8h= −15.0% APRnext payment −$1.37 per $10,000 · paid last 24h −0.018%
Price spread now: Orderly against BloFin−0.042%52s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Orderly is 0.042% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin HBAR-USDT | 0.09509 | 0.0220 | pay 0.0220% / 8h | 7h 56m | $1.5M | $5.8M | 90x |
| Short | Orderly PERP_HBAR_USDC | 0.09505 | 0.0083 | get 0.0083% / 8h | 7h 56m | $2K | $12K | 10x |
BloFin HBAR-USDT
Orderly PERP_HBAR_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$28.76
- Price spread: −0.042% → 0.000%
- −$4.21
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$50.97
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 2 min ago; Orderly: no order-book sample. Net counts fees only.
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, 2 min ago | 1.05 bp | 10.2 bp −$10 | 17.2 bp −$172 | 41.9 bp −$4,190 | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex HBARUSDT | −0.0107% | 8h | 0.09506 | −0.032% | $2.3M | $2.6M | 50x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09506 | −0.036% | $31K | $11K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0008% | 1h | 0.09506 | −0.036% | $11K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | −2.387% | $1K | $96K | 12x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0065% | 1h | 0.09514 | +0.053% | $524K | $178K | 50x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0076% | 8h | 0.09470 | −0.415% | $384K | $3.3M | 10x | as long as short |
| Orderly PERP_HBAR_USDCshort | +0.0083% | 8h | 0.09505 | −0.042% | $2K | $12K | 10x | |
| Coinbase International HBAR-PERP-INTX | +0.0088% | 1h | 0.09511 | +0.021% | $214K | $2.6M | 50x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09508 | −0.011% | $571K | $600K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09511 | +0.025% | $8.8M | $3.7M | 5x | as long as short |
Phemex HBARUSDT
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Deribit HBAR_USDC-PERPETUAL
GRVT HBAR_USDT_Perp
Coinbase International HBAR-PERP-INTX
Lighter HBAR
Hyperliquid HBARShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HBARUSDT | +0.0100% | 8h | 0.09512 | +0.027% | $204K | $337K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09508 | −0.011% | $35.6M | $112.9M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09508 | −0.011% | $32.9M | $36.6M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09508 | −0.011% | $6.7M | $25.9M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09505 | −0.042% | $2.5M | $2.7M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09507 | −0.021% | $26.4M | $20.1M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09511 | +0.021% | $7.6M | $7.5M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09500 | −0.095% | $17.4M | $16.8M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09505 | −0.042% | — | $7.3M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09507 | −0.021% | $39K | $201K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09462 | −0.492% | $1.0M | $179K | — | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09473 | −0.379% | $154K | $699K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09505 | −0.042% | $441 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09523 | +0.147% | $73K | $74K | 20x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09501 | −0.080% | $49K | $308K | 10x | as long as short |
| BloFin HBAR-USDTlong | +0.0220% | 8h | 0.09509 | long leg | $1.5M | $5.8M | 90x | |
| Kraken Futures PF_HBARUSD | +0.0285% | 1h | 0.09516 | +0.077% | $1.3M | $3.0M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0366% / S −0.0265% | 1h | 0.09503 | −0.065% | $86K | — | 100x | as long as short |
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
MEXC HBAR_USDT
KuCoin HBARUSDTM
Bitget HBARUSDT
BingX HBAR-USDT
Backpack HBAR_USDC_PERP
Variational Omni HBAR
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Extended HBAR-USD
Kraken Futures PF_HBARUSD
GMX HBAR/USD [WBTC.b-USDC]