Funding you earn now, next payment 00:00 UTC+0.0086%/8h= +9.4% APRpaid last 24h −0.029%
Price spread now: Variational Omni against Deribit−0.298%7-day average −0.104% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.078%−$8 on $10k
+Price spread, last 3 days (all we have)+0.286%+$29 · spread now −0.298%, 7d avg −0.104%
=Together, before fees+0.208%+ Points / potential airdropVariational Omni: Active · farm board+$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.194% cheaper against Deribit than usual: you would sell low and buy high (spread −0.298% now, against its 7-day average of −0.104%). If the spread goes back, that is −$19 on $10k: about 7.5 days of funding at the current rate (+$3 a day). Mind the row above: over the last 3 days funding on this pair cost −0.078%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit HBAR_USDC-PERPETUAL | 0.09304 | 0 | get 0.0000% / 1h | 56m 47s | $512K | $166K | 50x |
| Short | Variational Omni HBAR | 0.09276 | 0.0086 | get 0.0086% / 8h | 56m 47s | $1.0M | $198K | — |
Deribit HBAR_USDC-PERPETUAL
Variational Omni HBARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational 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
- $18.12
- Price spread: −0.298% → −0.104%
- −$19.42
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$8.31
- Costs to cover
- 0.070%
- Break-even
- 10.2 days
Slippage unknown: Deribit: live order book, 22 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 Deribit live order book, 22 min ago | 3.24 bp | 6.7 bp −$7 | 12.9 bp −$129 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 3.77 bp | doesn't fit | 22.1 bp −$221 | 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 | −0.0029% | 8h | 0.09299 | −0.054% | $7.4M | $7.8M | 75x | as long as short |
| Gate HBAR_USDT | −0.0001% | 8h | 0.09299 | −0.054% | $2.4M | $3.6M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09303 | −0.015% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUALlong | 0.0000% | 1h | 0.09304 | long leg | $512K | $166K | 50x | |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09301 | −0.028% | $8K | — | 150x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09301 | −0.032% | $222K | $2.2M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0077% | 8h | 0.09294 | −0.107% | $2K | $17K | 10x | as long as short |
| Variational Omni HBARshort | +0.0086% | 8h | 0.09276 | −0.298% | $1.0M | $198K | — | |
| Lighter HBAR | +0.0096% | 1h | 0.09298 | −0.064% | $570K | $591K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09311 | +0.077% | $8.9M | $2.9M | 5x | as long as short |
KuCoin HBARUSDTM
Gate HBAR_USDT
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Coinbase International HBAR-PERP-INTX
Orderly PERP_HBAR_USDC
Lighter HBAR
Hyperliquid HBARShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HBARUSDT | +0.0100% | 8h | 0.09305 | +0.012% | $212K | $429K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09298 | −0.069% | $34.8M | $110.2M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09297 | −0.075% | $33.1M | $36.9M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09296 | −0.086% | $6.8M | $25.2M | 50x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09303 | −0.011% | $25.7M | $22.0M | 200x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09304 | 0.000% | $17.2M | $15.0M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09303 | −0.011% | — | $5.9M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09301 | −0.032% | $34K | $102K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09280 | −0.262% | $377K | $2.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09292 | −0.129% | $149K | $707K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09297 | −0.075% | $432 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09309 | +0.054% | $73K | $54K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09295 | −0.097% | $2.2M | $2.2M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09295 | −0.095% | $51K | $218K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09299 | −0.054% | $1.5M | $5.6M | 90x | as long as short |
| Injective HBAR/USDC PERP | +0.0242% | 1h | 0.09267 | −0.398% | $1K | $112K | 12x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0412% | 1h | 0.09305 | +0.010% | $1.4M | $2.2M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0448% / S −0.0478% | 1h | 0.09301 | −0.029% | $104K | — | 100x | as long as short |
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
MEXC HBAR_USDT
Bitget HBARUSDT
BingX HBAR-USDT
Backpack HBAR_USDC_PERP
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
BloFin HBAR-USDT
Injective HBAR/USDC PERP
Kraken Futures PF_HBARUSD
GMX HBAR/USD [WBTC.b-USDC]