Funding you earn now, next payment 01:00 UTC+0.0010%/8h= +1.1% APRpaid last 24h +0.010%
Price spread now: Orderly against Coinbase International+0.347%54s7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays $0 a day on $10k at the current rate, and Orderly is 0.347% dearer against Coinbase International than usual: you sell high and buy low: +$35 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 54 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 | Coinbase International HBAR-PERP-INTX | 0.09211 | 0.0064 | pay 0.0008% / 1h | 28m 19s | $222K | $2.1M | 50x |
| Short | Orderly PERP_HBAR_USDC | 0.09243 | 0.0074 | get 0.0074% / 8h | 6h 28m | $2K | $17K | 10x |
Coinbase International HBAR-PERP-INTX
Orderly PERP_HBAR_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $2.17
- Price spread: +0.347% → 0.000%
- $34.74
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $20.91
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: Coinbase International: live order book, just now; 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 Coinbase International live order book, just now | 4.87 bp | 11.6 bp −$12 | 19.4 bp −$194 | doesn't fit | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni HBARUSDT | −0.0093% | 1h | 0.09196 | −0.163% | $147K | $725K | 50x | as long as short |
| KuCoin HBARUSDTM | −0.0069% | 8h | 0.09229 | +0.195% | $7.2M | $7.4M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09236 | +0.266% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09247 | +0.389% | $8K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | +0.771% | $1K | $106K | 12x | as long as short |
| Gate HBAR_USDT | +0.0053% | 8h | 0.09244 | +0.358% | $2.4M | $3.0M | 75x | as long as short |
| Coinbase International HBAR-PERP-INTXlong | +0.0064% | 1h | 0.09211 | long leg | $222K | $2.1M | 50x | |
| Kraken Futures PF_HBARUSD | +0.0069% | 1h | 0.09250 | +0.426% | $1.4M | $2.4M | 50x | as long as short |
| Variational Omni HBAR | +0.0071% | 8h | 0.09192 | −0.205% | $1.0M | $186K | — | as long as short |
| Extended HBAR-USD | +0.0072% | 1h | 0.09243 | +0.345% | $47K | $278K | 10x | as long as short |
ApeX Omni HBARUSDT
KuCoin HBARUSDTM
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Gate HBAR_USDT
Kraken Futures PF_HBARUSD
Variational Omni HBAR
Extended HBAR-USDShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC HBAR_USDT | +0.0072% | 8h | 0.09238 | +0.293% | $26.2M | $22.0M | 200x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0072% | 8h | 0.09191 | −0.216% | $368K | $2.2M | 10x | as long as short |
| Binance HBARUSDT | +0.0074% | 8h | 0.09244 | +0.358% | $34.4M | $104.5M | 75x | as long as short |
| Orderly PERP_HBAR_USDCshort | +0.0074% | 8h | 0.09243 | +0.347% | $2K | $17K | 10x | |
| Lighter HBAR | +0.0096% | 1h | 0.09224 | +0.141% | $561K | $596K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09246 | +0.376% | $8.8M | $2.7M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09235 | +0.260% | $211K | $322K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09244 | +0.358% | $32.8M | $34.7M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09247 | +0.391% | $6.7M | $24.5M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09244 | +0.358% | $17.1M | $14.9M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09241 | +0.326% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09220 | +0.098% | $32K | $123K | 15x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09245 | +0.369% | $429 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09234 | +0.250% | $71K | $66K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09211 | 0.000% | $2.1M | $2.2M | 50x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0183% | 1h | 0.09252 | +0.445% | $509K | $154K | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0487% / S −0.0549% | 1h | 0.09245 | +0.372% | $114K | — | 100x | as long as short |
MEXC HBAR_USDT
GRVT HBAR_USDT_Perp
Binance HBARUSDT
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
Deribit HBAR_USDC-PERPETUAL
GMX HBAR/USD [WBTC.b-USDC]