Funding you earn now, next payment 01:00 UTC+0.0009%/8h= +1.0% APRpaid last 24h −0.001%
Price spread now: MEXC against Coinbase International0.000%7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$330.325% of the position
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 3 days (all we have)+0.006%+$1 · spread now 0.000%, 7d avg −0.025%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.025% dearer against Coinbase International than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International HBAR-PERP-INTX | 0.09240 | 0.0064 | pay 0.0008% / 1h | 26m 13s | $218K | $2.1M | 50x |
| Short | MEXC HBAR_USDT | 0.09240 | 0.0073 | get 0.0073% / 8h | 6h 26m | $26.2M | $22.0M | 200x |
Coinbase International HBAR-PERP-INTX
MEXC HBAR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $1.89
- Price spread: 0.000% → −0.025%
- $2.48
- Slippage, 4 orders
- −$22.55
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$28.18
- Costs to cover
- 0.325%
- Break-even
- 111.4 days
Slippage from Coinbase International: 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 Coinbase International live order book, 3 min ago | 4.87 bp | 11.6 bp −$12 | 19.4 bp −$194 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.54 bp | 2.3 bp −$2 | 10.4 bp −$104 | 40.8 bp −$4,082 | 152.1 bp −$76.0K |
HBAR on 27 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HBARUSDTM | −0.0066% | 8h | 0.09237 | −0.032% | $7.2M | $7.4M | 75x | as long as short |
| ApeX Omni HBARUSDT | −0.0059% | 1h | 0.09215 | −0.271% | $147K | $723K | 50x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09240 | −0.001% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09242 | +0.017% | $8K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | +0.455% | $1K | $106K | 12x | as long as short |
| Gate HBAR_USDT | +0.0056% | 8h | 0.09240 | 0.000% | $2.4M | $3.0M | 75x | as long as short |
| Coinbase International HBAR-PERP-INTXlong | +0.0064% | 1h | 0.09240 | long leg | $218K | $2.1M | 50x | |
| Variational Omni HBAR | +0.0066% | 8h | 0.09236 | −0.044% | $1.0M | $187K | — | as long as short |
| Kraken Futures PF_HBARUSD | +0.0069% | 1h | 0.09244 | +0.044% | $1.4M | $2.4M | 50x | as long as short |
| Extended HBAR-USD | +0.0072% | 1h | 0.09238 | −0.026% | $47K | $278K | 10x | as long as short |
KuCoin HBARUSDTM
ApeX Omni HBARUSDT
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Gate HBAR_USDT
Variational Omni HBAR
Kraken Futures PF_HBARUSD
Extended HBAR-USDShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC HBAR_USDTshort | +0.0073% | 8h | 0.09240 | 0.000% | $26.2M | $22.0M | 200x | |
| Binance HBARUSDT | +0.0074% | 8h | 0.09239 | −0.006% | $34.3M | $104.5M | 75x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0075% | 8h | 0.09236 | −0.043% | $2K | $17K | 10x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0075% | 1h | 0.09246 | +0.065% | $509K | $153K | 50x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0084% | 8h | 0.09209 | −0.338% | $368K | $2.2M | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09238 | −0.022% | $562K | $596K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09252 | +0.126% | $8.9M | $2.7M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09242 | +0.025% | $211K | $322K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09243 | +0.032% | $32.8M | $34.6M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09245 | +0.054% | $6.7M | $24.5M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09244 | +0.043% | $17.1M | $14.9M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09245 | +0.054% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09245 | +0.054% | $32K | $121K | 15x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09239 | −0.011% | $429 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09255 | +0.162% | $71K | $66K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09236 | −0.043% | $2.1M | $2.2M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0487% / S −0.0549% | 1h | 0.09241 | +0.013% | $114K | — | 100x | as long as short |
Binance HBARUSDT
Orderly PERP_HBAR_USDC
Deribit HBAR_USDC-PERPETUAL
GRVT HBAR_USDT_Perp
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
GMX HBAR/USD [WBTC.b-USDC]