Funding you earn now, next payment 00:00 UTC−0.0136%/8h= −14.9% APRpaid last 24h −0.006%
Price spread now: KuCoin against Coinbase International−0.065%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$650.653% of the position
Funding, last 7 days−0.031%−$3 on $10k
+Price spread, last 3 days (all we have)+0.085%+$8 · spread now −0.065%, 7d avg −0.014%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and KuCoin is 0.050% cheaper against Coinbase International than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.014%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International HBAR-PERP-INTX | 0.09281 | 0.0056 | pay 0.0007% / 1h | 36m 48s | $229K | $2.2M | 50x |
| Short | KuCoin HBARUSDTM | 0.09275 | −0.0080 | pay 0.0080% / 8h | 7h 36m | $7.3M | $7.8M | 75x |
Coinbase International HBAR-PERP-INTX
KuCoin HBARUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$28.56
- Price spread: −0.065% → −0.014%
- −$5.04
- Slippage, 4 orders
- −$43.28
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$98.87
- Costs to cover
- 0.653%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 2 min ago; KuCoin: live order book, 1 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, 2 min ago | 2.15 bp | 12.5 bp −$13 | 18.3 bp −$183 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 3.77 bp | 19.3 bp −$19 | 47.8 bp −$478 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT HBAR_USDT_Perp | −0.0099% | 8h | 0.09264 | −0.188% | $377K | $2.2M | 10x | as long as short |
| KuCoin HBARUSDTMshort | −0.0080% | 8h | 0.09275 | −0.065% | $7.3M | $7.8M | 75x | |
| ApeX Omni HBARUSDT | −0.0043% | 1h | 0.09276 | −0.054% | $148K | $718K | 50x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09278 | −0.030% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09283 | +0.024% | $8K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09267 | −0.151% | $1K | $106K | 12x | as long as short |
| Coinbase International HBAR-PERP-INTXlong | +0.0056% | 1h | 0.09281 | long leg | $229K | $2.2M | 50x | |
| Kraken Futures PF_HBARUSD | +0.0057% | 1h | 0.09286 | +0.052% | $1.4M | $2.3M | 50x | as long as short |
| MEXC HBAR_USDT | +0.0069% | 8h | 0.09277 | −0.043% | $26.3M | $22.3M | 200x | as long as short |
| Binance HBARUSDT | +0.0069% | 8h | 0.09276 | −0.056% | $34.7M | $109.5M | 75x | as long as short |
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Kraken Futures PF_HBARUSD
MEXC HBAR_USDT
Binance HBARUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni HBAR | +0.0071% | 8h | 0.09283 | +0.022% | $1.0M | $202K | — | as long as short |
| Extended HBAR-USD | +0.0072% | 1h | 0.09272 | −0.099% | $51K | $310K | 10x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09276 | −0.054% | $2K | $17K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09275 | −0.065% | $568K | $552K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09290 | +0.099% | $8.9M | $2.8M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09277 | −0.039% | $212K | $429K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09275 | −0.065% | $32.9M | $36.1M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09275 | −0.065% | $6.8M | $25.2M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09277 | −0.043% | $2.4M | $3.4M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09276 | −0.054% | $17.3M | $14.9M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09276 | −0.054% | — | $5.9M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09284 | +0.032% | $36K | $103K | 15x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09279 | −0.022% | $431 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09314 | +0.356% | $74K | $60K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09278 | −0.032% | $2.2M | $2.1M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0189% | 8h | 0.09281 | 0.000% | $1.5M | $5.7M | 90x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0289% | 1h | 0.09288 | +0.075% | $511K | $166K | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0493% / S −0.0529% | 1h | 0.09282 | +0.011% | $119K | — | 100x | as long as short |
Variational Omni HBAR
Extended HBAR-USD
Orderly PERP_HBAR_USDC
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
Bitget HBARUSDT
BingX HBAR-USDT
Backpack HBAR_USDC_PERP
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
BloFin HBAR-USDT
Deribit HBAR_USDC-PERPETUAL
GMX HBAR/USD [WBTC.b-USDC]