Funding you earn now, next payment 05:00 UTC+0.0152%/8h= +16.6% APRpaid last 24h +0.008%
Price spread now: BloFin against Deribit−0.053%7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$370.368% of the position
Funding, last 7 days+0.226%+$23 on $10k
+Price spread, last 4 days (all we have)+0.040%+$4 · spread now −0.053%, 7d avg −0.067%
=The price spread sits at its 7-day average of −0.067%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit HBAR_USDC-PERPETUAL | 0.09444 | 0.0068 | pay 0.0008% / 1h | 54m 50s | $520K | $186K | 50x |
| Short | BloFin HBAR-USDT | 0.09439 | 0.0220 | get 0.0220% / 8h | 3h 54m | $1.5M | $5.6M | 90x |
Deribit HBAR_USDC-PERPETUAL
BloFin HBAR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $31.92
- Price spread: −0.053% → −0.067%
- $1.43
- Slippage, 4 orders
- −$17.82
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$3.47
- Costs to cover
- 0.368%
- Break-even
- 7.8 days
Slippage from Deribit: live order book, 64 min ago; BloFin: live order book, 4 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 | 4.88 bp | 8.4 bp −$8 | 222.4 bp −$2,224 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 1.59 bp | 12.5 bp −$12 | 16.6 bp −$166 | 51.4 bp −$5,140 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX HBAR-USD | 0.0000% | 1h | 0.09445 | +0.012% | $31K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0011% | 1h | 0.09445 | +0.007% | $9K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | −1.715% | $1K | $105K | 12x | as long as short |
| KuCoin HBARUSDTM | +0.0055% | 8h | 0.09438 | −0.064% | $7.2M | $7.3M | 75x | as long as short |
| Deribit HBAR_USDC-PERPETUALlong | +0.0068% | 1h | 0.09444 | long leg | $520K | $186K | 50x | |
| Coinbase International HBAR-PERP-INTX | +0.0080% | 1h | 0.09443 | −0.011% | $224K | $2.3M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0080% | 8h | 0.09436 | −0.085% | $2K | $14K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09441 | −0.032% | $570K | $602K | 5x | as long as short |
| Gate HBAR_USDT | +0.0099% | 8h | 0.09441 | −0.032% | $2.5M | $2.7M | 75x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09447 | +0.032% | $216K | $328K | 50x | as long as short |
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
KuCoin HBARUSDTM
Coinbase International HBAR-PERP-INTX
Orderly PERP_HBAR_USDC
Lighter HBAR
Gate HBAR_USDT
Aster HBARUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance HBARUSDT | +0.0100% | 8h | 0.09439 | −0.050% | $35.0M | $108.1M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09441 | −0.032% | $33.3M | $34.8M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09442 | −0.021% | $6.7M | $25.5M | 50x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09439 | −0.053% | $26.3M | $19.4M | 200x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09439 | −0.053% | $17.2M | $15.2M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09441 | −0.032% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09444 | 0.000% | $39K | $201K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09437 | −0.076% | $1.0M | $187K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09414 | −0.318% | $384K | $2.6M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09414 | −0.318% | $152K | $711K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09442 | −0.021% | $438 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09459 | +0.159% | $72K | $68K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09443 | −0.011% | $2.2M | $2.1M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09436 | −0.086% | $50K | $277K | 10x | as long as short |
| BloFin HBAR-USDTshort | +0.0220% | 8h | 0.09439 | −0.053% | $1.5M | $5.6M | 90x | |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0350% / S −0.0243% | 1h | 0.09445 | +0.016% | $82K | — | 100x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0356% | 1h | 0.09446 | +0.023% | $1.4M | $2.8M | 50x | as long as short |
| Hyperliquid HBAR | +0.0663% | 1h | 0.09458 | +0.148% | $9.6M | $3.2M | 5x | as long as short |
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
MEXC HBAR_USDT
Bitget HBARUSDT
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
Variational Omni HBAR
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
GMX HBAR/USD [WBTC.b-USDC]
Kraken Futures PF_HBARUSD
Hyperliquid HBAR