Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.025%
Price spread now: Phemex against Extended+0.009%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$550.554% of the position
Funding, last 7 days+0.067%+$7 on $10k
+Price spread, last 4 days (all we have)−0.013%−$1 · spread now +0.009%, 7d avg +0.043%
=Together, before fees+0.054%+ Points / potential airdropExtended: Active · farm board+$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.034% cheaper against Extended than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.043%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended HBAR-USD | 0.09508 | 0.0104 | pay 0.0013% / 1h | 31m 04s | $50K | $273K | 10x |
| Short | Phemex HBARUSDT | 0.09509 | 0.0100 | get 0.0100% / 8h | 3h 31m | $2.2M | $2.2M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Extended. 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
- −$0.84
- Price spread: +0.009% → +0.043%
- −$3.43
- Slippage, 4 orders
- −$38.38
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$59.65
- Costs to cover
- 0.554%
- Break-even
- never at this rate
Slippage from Extended: live order book, 21 min ago; Phemex: live order book, 2 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 Extended live order book, 21 min ago | 0.79 bp | 8.2 bp −$8 | 76.9 bp −$769 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 2 min ago | 1.05 bp | 18.8 bp −$19 | 36.8 bp −$368 | 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 | 0.09505 | −0.032% | $31K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0011% | 1h | 0.09513 | +0.053% | $9K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | −2.379% | $1K | $105K | 12x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0065% | 1h | 0.09519 | +0.114% | $524K | $190K | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0080% | 8h | 0.09508 | −0.002% | $2K | $14K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0080% | 1h | 0.09517 | +0.093% | $233K | $2.3M | 50x | as long as short |
| KuCoin HBARUSDTM | +0.0091% | 8h | 0.09503 | −0.054% | $7.5M | $7.4M | 75x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09513 | +0.051% | $573K | $616K | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09515 | +0.071% | $217K | $336K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09505 | −0.035% | $35.3M | $109.2M | 75x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit HBARUSDT | +0.0100% | 8h | 0.09500 | −0.086% | $33.6M | $35.1M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09500 | −0.086% | $6.7M | $26.0M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09505 | −0.033% | $2.5M | $2.7M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09502 | −0.065% | $26.4M | $19.6M | 200x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09503 | −0.054% | $17.5M | $15.4M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09503 | −0.054% | — | $6.5M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09506 | −0.023% | $39K | $201K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09510 | +0.018% | $1.1M | $187K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09514 | +0.061% | $388K | $2.7M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09516 | +0.082% | $155K | $711K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09511 | +0.030% | $442 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09532 | +0.251% | $72K | $68K | 20x | as long as short |
| Phemex HBARUSDTshort | +0.0100% | 8h | 0.09509 | +0.009% | $2.2M | $2.2M | 50x | |
| Extended HBAR-USDlong | +0.0104% | 1h | 0.09508 | long leg | $50K | $273K | 10x | |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09508 | −0.002% | $1.5M | $5.6M | 90x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0353% | 1h | 0.09516 | +0.085% | $1.4M | $2.9M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0370% / S −0.0271% | 1h | 0.09512 | +0.036% | $87K | — | 100x | as long as short |
| Hyperliquid HBAR | +0.0660% | 1h | 0.09519 | +0.115% | $9.6M | $3.2M | 5x | as long as short |
Extended HBAR-USD
Phemex HBARUSDT
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Deribit HBAR_USDC-PERPETUAL
Coinbase International HBAR-PERP-INTX
KuCoin HBARUSDTM
Lighter HBAR
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
MEXC HBAR_USDT
Bitget HBARUSDT
BingX HBAR-USDT
Backpack HBAR_USDC_PERP
Variational Omni HBAR
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
BloFin HBAR-USDT
Kraken Futures PF_HBARUSD
GMX HBAR/USD [WBTC.b-USDC]
Hyperliquid HBAR