Funding you earn now, next payment 04:00 UTC+0.0007%/8h= +0.8% APRpaid last 24h −0.027%
Price spread now: KuCoin against Deribit−0.120%7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$510.510% of the position
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 4 days (all we have)+0.108%+$11 · spread now −0.120%, 7d avg −0.067%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.053% cheaper against Deribit than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.067%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit HBAR_USDC-PERPETUAL | 0.09156 | 0 | get 0.0000% / 1h | 42m 34s | $504K | $172K | 50x |
| Short | KuCoin HBARUSDTM | 0.09145 | 0.0007 | get 0.0007% / 8h | 4h 42m | $7.1M | $7.2M | 75x |
Deribit HBAR_USDC-PERPETUAL
KuCoin HBARUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $1.47
- Price spread: −0.120% → −0.067%
- −$5.27
- Slippage, 4 orders
- −$32.01
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$54.8
- Costs to cover
- 0.510%
- Break-even
- 268.0 days
Slippage from Deribit: live order book, 16 min ago; KuCoin: live order book, 5 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, 16 min ago | 4.88 bp | 8.4 bp −$8 | 222.4 bp −$2,224 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 3.28 bp | 14.6 bp −$15 | 42.2 bp −$422 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX HBAR-USD | 0.0000% | 1h | 0.09151 | −0.059% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUALlong | 0.0000% | 1h | 0.09156 | long leg | $504K | $172K | 50x | |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09158 | +0.018% | $8K | — | 150x | as long as short |
| KuCoin HBARUSDTMshort | +0.0007% | 8h | 0.09145 | −0.120% | $7.1M | $7.2M | 75x | |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | +1.376% | $1K | $105K | 12x | as long as short |
| Gate HBAR_USDT | +0.0044% | 8h | 0.09152 | −0.044% | $2.4M | $2.8M | 75x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09165 | +0.098% | $218K | $2.1M | 50x | as long as short |
| Backpack HBAR_USDC_PERP | +0.0076% | 1h | 0.09147 | −0.098% | $43K | $168K | 15x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0080% | 8h | 0.09150 | −0.066% | $2K | $14K | 10x | as long as short |
| Variational Omni HBAR | +0.0082% | 8h | 0.09132 | −0.264% | $1.0M | $187K | — | as long as short |
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Gate HBAR_USDT
Coinbase International HBAR-PERP-INTX
Backpack HBAR_USDC_PERP
Orderly PERP_HBAR_USDC
Variational Omni HBARShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter HBAR | +0.0096% | 1h | 0.09148 | −0.087% | $556K | $596K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09156 | −0.001% | $8.6M | $2.8M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09153 | −0.036% | $210K | $318K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09150 | −0.067% | $33.6M | $105.2M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09150 | −0.066% | $32.3M | $33.9M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09152 | −0.044% | $6.5M | $24.4M | 50x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09154 | −0.022% | $25.5M | $19.5M | 200x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09152 | −0.044% | $16.8M | $15.1M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09153 | −0.033% | — | $6.3M | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09132 | −0.266% | $375K | $2.4M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09133 | −0.251% | $146K | $714K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09150 | −0.066% | $425 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09165 | +0.098% | $70K | $66K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09150 | −0.066% | $2.1M | $2.1M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09154 | −0.024% | $52K | $278K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09150 | −0.066% | $1.4M | $5.4M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0345% / S −0.0242% | 1h | 0.09157 | +0.015% | $79K | — | 100x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0396% | 1h | 0.09155 | −0.013% | $1.4M | $2.6M | 50x | as long as short |
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
MEXC HBAR_USDT
Bitget HBARUSDT
BingX HBAR-USDT
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]
Kraken Futures PF_HBARUSD