Funding you earn now, next payment 21:00 UTC−0.0026%/8h= −2.8% APRpaid last 24h −0.015%
Price spread now: Variational Omni against Coinbase International+0.191%7-day average −0.053% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.056%−$6 on $10k
+Price spread, last 3 days (all we have)−0.314%−$31 · spread now +0.191%, 7d avg −0.053%
=Together, before fees−0.370%+ Points / potential airdropVariational Omni: Active · farm board−$37 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.244% dearer against Coinbase International than usual: you sell high and buy low (spread +0.191% now, against its 7-day average of −0.053%): +$24 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 31 days. At the pace of the last 3 days (−0.056% in total) that is about 14 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International HBAR-PERP-INTX | 0.09169 | 0.0072 | pay 0.0009% / 1h | 37m 27s | $220K | $2.2M | 50x |
| Short | Variational Omni HBAR | 0.09187 | 0.0046 | get 0.0046% / 8h | 2h 37m | $1.0M | $198K | — |
Coinbase International HBAR-PERP-INTX
Variational Omni HBARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$5.43
- Price spread: +0.191% → −0.053%
- $24.4
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $8.96
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Coinbase International: live order book, 1 min ago; Variational Omni: RFQ quote, 2 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 | 2.18 bp | 12.5 bp −$12 | 19.6 bp −$196 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 3.81 bp | doesn't fit | 20.1 bp −$201 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HBARUSDTM | −0.0040% | 8h | 0.09176 | +0.076% | $7.3M | $7.9M | 75x | as long as short |
| Gate HBAR_USDT | −0.0037% | 8h | 0.09174 | +0.055% | $2.4M | $3.5M | 75x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09179 | +0.109% | $505K | $150K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09175 | +0.067% | $8K | — | 150x | as long as short |
| Backpack HBAR_USDC_PERP | +0.0031% | 1h | 0.09173 | +0.044% | $31K | $101K | 15x | as long as short |
| Variational Omni HBARshort | +0.0046% | 8h | 0.09187 | +0.191% | $1.0M | $198K | — | |
| MEXC HBAR_USDT | +0.0052% | 8h | 0.09173 | +0.044% | $24.0M | $22.7M | 200x | as long as short |
| Binance HBARUSDT | +0.0052% | 8h | 0.09177 | +0.084% | $34.5M | $110.5M | 75x | as long as short |
| Extended HBAR-USD | +0.0056% | 1h | 0.09176 | +0.075% | $51K | $210K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTXlong | +0.0072% | 1h | 0.09169 | long leg | $220K | $2.2M | 50x |
KuCoin HBARUSDTM
Gate HBAR_USDT
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Backpack HBAR_USDC_PERP
MEXC HBAR_USDT
Binance HBARUSDT
Extended HBAR-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09170 | +0.011% | $2K | $18K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09174 | +0.055% | $563K | $590K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09190 | +0.231% | $8.8M | $2.9M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09178 | +0.100% | $215K | $428K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09177 | +0.087% | $32.8M | $37.0M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09176 | +0.076% | $6.8M | $24.6M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09182 | +0.142% | $16.9M | $14.9M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09177 | +0.087% | — | $5.9M | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09194 | +0.277% | $374K | $2.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09195 | +0.284% | $147K | $706K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09172 | +0.033% | $426 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09201 | +0.349% | $72K | $53K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09174 | +0.055% | $2.2M | $2.2M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0172% | 8h | 0.09160 | −0.098% | $1.4M | $5.6M | 90x | as long as short |
| Injective HBAR/USDC PERP | +0.0311% | 1h | 0.09211 | +0.458% | $1K | $84K | 12x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0384% | 1h | 0.09180 | +0.115% | $1.4M | $2.4M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0445% / S −0.0366% | 1h | 0.09175 | +0.068% | $112K | — | 100x | as long as short |
| dYdX HBAR-USD | +0.3269% | 1h | 0.09172 | +0.030% | $30K | $4K | 5x | as long as short |
Orderly PERP_HBAR_USDC
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDT
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
BloFin HBAR-USDT
Injective HBAR/USDC PERP
Kraken Futures PF_HBARUSD
GMX HBAR/USD [WBTC.b-USDC]
dYdX HBAR-USD