Funding you earn now, next payment 22:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.006%
Price spread now: ApeX Omni against Deribit−0.238%74s7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$390.389% of the position
Funding, last 7 days+0.078%+$8 on $10k
+Price spread, last 3 days (all we have)+0.061%+$6 · spread now −0.238%, 7d avg −0.047%
=Funding pays, the price is against you. ApeX Omni is 0.191% cheaper against Deribit than usual: you would sell low and buy high (spread −0.238% now, against its 7-day average of −0.047%). If the spread goes back, that is −$19 on $10k: about 6.4 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.078% in total) that is about 17 days. The two prices were read 74 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 | Deribit HBAR_USDC-PERPETUAL | 0.09252 | 0 | get 0.0000% / 1h | 23m 59s | $509K | $150K | 50x |
| Short | ApeX Omni HBARUSDT | 0.09230 | 0.0100 | get 0.0013% / 1h | 23m 59s | $148K | $707K | 50x |
Deribit HBAR_USDC-PERPETUAL
ApeX Omni HBARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Deribit. 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
- $21
- Price spread: −0.238% → −0.047%
- −$19.09
- Slippage, 4 orders
- −$21.89
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$36.98
- Costs to cover
- 0.389%
- Break-even
- 19.3 days
Slippage from Deribit: live order book, 64 min ago; ApeX Omni: live order book, 64 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 Deribit live order book, 64 min ago | 2.72 bp | 7.3 bp −$7 | 15.3 bp −$153 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 64 min ago | 4.36 bp | 12.2 bp −$12 | 106.2 bp −$1,062 | 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 | −0.0030% | 8h | 0.09244 | −0.086% | $7.4M | $7.9M | 75x | as long as short |
| Gate HBAR_USDT | −0.0020% | 8h | 0.09242 | −0.108% | $2.4M | $3.5M | 75x | as long as short |
| Deribit HBAR_USDC-PERPETUALlong | 0.0000% | 1h | 0.09252 | long leg | $509K | $150K | 50x | |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09247 | −0.054% | $8K | — | 150x | as long as short |
| Variational Omni HBAR | +0.0052% | 8h | 0.09240 | −0.133% | $1.0M | $197K | — | as long as short |
| MEXC HBAR_USDT | +0.0061% | 8h | 0.09239 | −0.141% | $24.1M | $22.7M | 200x | as long as short |
| Binance HBARUSDT | +0.0063% | 8h | 0.09239 | −0.141% | $34.8M | $110.7M | 75x | as long as short |
| Extended HBAR-USD | +0.0064% | 1h | 0.09238 | −0.152% | $51K | $210K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0072% | 1h | 0.09244 | −0.086% | $221K | $2.2M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09244 | −0.086% | $2K | $18K | 10x | as long as short |
KuCoin HBARUSDTM
Gate HBAR_USDT
gTrade (Gains Network) HBAR/USD
Variational Omni HBAR
MEXC HBAR_USDT
Binance HBARUSDT
Extended HBAR-USD
Coinbase International HBAR-PERP-INTX
Orderly PERP_HBAR_USDCShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack HBAR_USDC_PERP | +0.0078% | 1h | 0.09238 | −0.151% | $31K | $102K | 15x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09241 | −0.119% | $568K | $590K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09250 | −0.026% | $8.8M | $2.9M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09245 | −0.076% | $211K | $429K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09238 | −0.151% | $33.1M | $37.0M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09238 | −0.151% | $6.9M | $24.8M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09242 | −0.108% | $17.0M | $14.9M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09234 | −0.195% | — | $6.7M | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09226 | −0.281% | $376K | $2.1M | 10x | as long as short |
| ApeX Omni HBARUSDTshort | +0.0100% | 1h | 0.09230 | −0.238% | $148K | $707K | 50x | |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09243 | −0.097% | $429 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09263 | +0.119% | $73K | $53K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09246 | −0.065% | $2.2M | $2.2M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0182% | 8h | 0.09238 | −0.151% | $1.4M | $5.6M | 90x | as long as short |
| Injective HBAR/USDC PERP | +0.0311% | 1h | 0.09211 | −0.443% | $1K | $84K | 12x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0381% | 1h | 0.09252 | +0.004% | $1.4M | $2.4M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0446% / S −0.0478% | 1h | 0.09248 | −0.048% | $104K | — | 100x | as long as short |
| dYdX HBAR-USD | +0.3698% | 1h | 0.09249 | −0.029% | $30K | $4K | 5x | as long as short |
Backpack HBAR_USDC_PERP
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDC
GRVT HBAR_USDT_Perp
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