Funding you earn now, next payment 09:00 UTC−0.0140%/8h= −15.3% APRpaid last 24h −0.030%
Price spread now: GRVT against Coinbase International−0.049%7-day average −0.025% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.024%−$2 on $10k
+Price spread, last 5 days (all we have)−0.046%−$5 · spread now −0.049%, 7d avg −0.025%
=Together, before fees−0.070%+ Points / potential airdropGRVT: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and GRVT is 0.024% cheaper against Coinbase International than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.025%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International HBAR-PERP-INTX | 0.09748 | 0.0240 | pay 0.0030% / 1h | 10m 32s | $230K | $4.4M | 50x |
| Short | GRVT HBAR_USDT_Perp | 0.09743 | 0.0100 | get 0.0100% / 8h | 6h 10m | $398K | $899K | 10x |
Coinbase International HBAR-PERP-INTX
GRVT HBAR_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$29.4
- Price spread: −0.049% → −0.025%
- −$2.42
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$50.82
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 1 min ago; GRVT: live order book, 26 min ago. 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 Coinbase International live order book, 1 min ago | 3.08 bp | 13.1 bp −$13 | 18.1 bp −$181 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 26 min ago | 323.31 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
HBAR on 28 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0008% | 1h | 0.09751 | +0.032% | $11K | — | 150x | as long as short |
| Variational Omni HBAR | +0.0011% | 8h | 0.09737 | −0.109% | $1.0M | $128K | — | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09895 | +1.508% | $2K | $80K | 12x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09738 | −0.103% | $587K | $266K | 5x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0099% | 8h | 0.09745 | −0.031% | $6K | $25K | 10x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09746 | −0.018% | $7.4M | $4.0M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09744 | −0.039% | $214K | $152K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09738 | −0.103% | $35.3M | $98.8M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09734 | −0.144% | $32.0M | $42.4M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09737 | −0.113% | $6.6M | $24.3M | 50x | as long as short |
gTrade (Gains Network) HBAR/USD
Variational Omni HBAR
Injective HBAR/USDC PERP
Lighter HBAR
Orderly PERP_HBAR_USDC
Hyperliquid HBAR
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAPShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate HBAR_USDT | +0.0100% | 8h | 0.09740 | −0.082% | $2.7M | $5.5M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09738 | −0.103% | $29.3M | $18.0M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09740 | −0.082% | $7.0M | $5.6M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09746 | −0.021% | $18.7M | $20.0M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09747 | −0.010% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09746 | −0.021% | $40K | $154K | 15x | as long as short |
| GRVT HBAR_USDT_Perpshort | +0.0100% | 8h | 0.09743 | −0.049% | $398K | $899K | 10x | |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09745 | −0.031% | $150K | $683K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09743 | −0.051% | $452 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09755 | +0.072% | $72K | $112K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09748 | 0.000% | $2.2M | $3.2M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09736 | −0.118% | $56K | $612K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09741 | −0.072% | $1.6M | $3.7M | 90x | as long as short |
| Coinbase International HBAR-PERP-INTXlong | +0.0240% | 1h | 0.09748 | long leg | $230K | $4.4M | 50x | |
| Deribit HBAR_USDC-PERPETUAL | +0.0263% | 1h | 0.09752 | +0.041% | $537K | $603K | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0501% / S −0.0430% | 1h | 0.09749 | +0.009% | $128K | — | 100x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0628% | 1h | 0.09755 | +0.076% | $1.8M | $4.5M | 50x | as long as short |
| dYdX HBAR-USD | +0.2922% | 1h | 0.09750 | +0.015% | $43K | $21K | 5x | as long as short |
Gate HBAR_USDT
MEXC HBAR_USDT
KuCoin HBARUSDTM
Bitget HBARUSDT
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
BloFin HBAR-USDT
Deribit HBAR_USDC-PERPETUAL
GMX HBAR/USD [WBTC.b-USDC]
Kraken Futures PF_HBARUSD
dYdX HBAR-USD