Funding you earn now, next payment 22:00 UTC+0.0036%/8h= +3.9% APRpaid last 24h +0.023%
Price spread now: Bitget against Coinbase International−0.021%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$470.472% of the position
Funding, last 7 days+0.053%+$5 on $10k
+Price spread, last 3 days (all we have)+0.068%+$7 · spread now −0.021%, 7d avg −0.028%
=The price spread sits at its 7-day average of −0.028%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International HBAR-PERP-INTX | 0.09326 | 0.0064 | pay 0.0008% / 1h | 39m 45s | $223K | $2.2M | 50x |
| Short | Bitget HBARUSDT | 0.09324 | 0.0100 | get 0.0100% / 8h | 1h 39m | $17.2M | $14.8M | 75x |
Coinbase International HBAR-PERP-INTX
Bitget HBARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Coinbase International. 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
- $7.56
- Price spread: −0.021% → −0.028%
- $0.62
- Slippage, 4 orders
- −$25.24
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$39.06
- Costs to cover
- 0.472%
- Break-even
- 43.2 days
Slippage from Coinbase International: live order book, 4 min ago; Bitget: live order book, 4 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 Coinbase International live order book, 4 min ago | 3.75 bp | 13.6 bp −$14 | 16.0 bp −$160 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 0.54 bp | 8.1 bp −$8 | 16.0 bp −$160 | 45.0 bp −$4,496 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective HBAR/USDC PERP | −0.0153% | 1h | 0.09267 | −0.633% | $1K | $112K | 12x | as long as short |
| Gate HBAR_USDT | −0.0023% | 8h | 0.09320 | −0.064% | $2.4M | $3.5M | 75x | as long as short |
| KuCoin HBARUSDTM | −0.0010% | 8h | 0.09321 | −0.054% | $7.4M | $7.9M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09311 | −0.164% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09327 | +0.011% | $514K | $151K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09321 | −0.050% | $8K | — | 150x | as long as short |
| Variational Omni HBAR | +0.0063% | 8h | 0.09319 | −0.070% | $1.0M | $197K | — | as long as short |
| Coinbase International HBAR-PERP-INTXlong | +0.0064% | 1h | 0.09326 | long leg | $223K | $2.2M | 50x | |
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09318 | −0.086% | $2K | $16K | 10x | as long as short |
| MEXC HBAR_USDT | +0.0086% | 8h | 0.09325 | −0.011% | $26.2M | $22.6M | 200x | as long as short |
Injective HBAR/USDC PERP
Gate HBAR_USDT
KuCoin HBARUSDTM
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Variational Omni HBAR
Orderly PERP_HBAR_USDC
MEXC HBAR_USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance HBARUSDT | +0.0088% | 8h | 0.09326 | 0.000% | $35.0M | $110.4M | 75x | as long as short |
| Extended HBAR-USD | +0.0088% | 1h | 0.09322 | −0.041% | $51K | $218K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09321 | −0.054% | $572K | $591K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09337 | +0.123% | $8.9M | $2.9M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09322 | −0.043% | $213K | $429K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09323 | −0.032% | $33.2M | $37.0M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09323 | −0.032% | $6.8M | $25.2M | 50x | as long as short |
| Bitget HBARUSDTshort | +0.0100% | 8h | 0.09324 | −0.021% | $17.2M | $14.8M | 75x | |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09325 | −0.011% | — | $5.9M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09326 | 0.000% | $34K | $104K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09299 | −0.290% | $379K | $2.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09303 | −0.247% | $149K | $706K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09321 | −0.054% | $433 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09322 | −0.043% | $73K | $53K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09322 | −0.043% | $2.2M | $2.1M | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0192% | 1h | 0.09330 | +0.048% | $1.4M | $2.2M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0207% | 8h | 0.09314 | −0.129% | $1.4M | $5.6M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0448% / S −0.0478% | 1h | 0.09321 | −0.049% | $104K | — | 100x | as long as short |
Binance HBARUSDT
Extended HBAR-USD
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
BingX HBAR-USDT
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]