Funding you earn now, next payment 05:00 UTC+0.0067%/8h= +7.4% APRnext payment +$0.08 per $10,000 · paid last 24h +0.028%
Price spread now: Deribit against gTrade (Gains Network)+0.044%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Deribit is 0.044% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) HBAR/USD | 0.09248 | L +0.0007% / S −0.0011% | pay 0.0001% / 1h | 1m 45s | $9K | — | 150x |
| Short | Deribit HBAR_USDC-PERPETUAL | 0.09252 | 0.0074 | get 0.0009% / 1h | 1m 45s | $510K | $192K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against gTrade (Gains Network). 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
- $14.13
- Price spread: +0.044% → 0.000%
- $4.37
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $1.5
- Costs to cover
- 0.170%
- Break-even
- 6.3 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Deribit: live order book, 52 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Deribit live order book, 52 min ago | 5.29 bp | 8.8 bp −$9 | 15.8 bp −$158 | doesn't fit | doesn't fit |
gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.09246 | −0.020% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USDlong | L +0.0007% / S −0.0011% | 1h | 0.09248 | long leg | $9K | — | 150x | |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | +0.368% | $1K | $105K | 12x | as long as short |
| Deribit HBAR_USDC-PERPETUALshort | +0.0074% | 1h | 0.09252 | +0.044% | $510K | $192K | 50x | |
| Orderly PERP_HBAR_USDC | +0.0080% | 8h | 0.09245 | −0.032% | $2K | $14K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0080% | 1h | 0.09249 | +0.011% | $220K | $2.4M | 50x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09249 | +0.011% | $558K | $619K | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09252 | +0.045% | $199K | $335K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09244 | −0.043% | $34.1M | $111.5M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09246 | −0.021% | $32.4M | $35.6M | 75x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09248 | 0.000% | $6.5M | $25.6M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09244 | −0.043% | $2.4M | $2.8M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09248 | 0.000% | $25.5M | $19.9M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09252 | +0.044% | $7.4M | $7.5M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09249 | +0.011% | $16.9M | $15.8M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09245 | −0.032% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09246 | −0.021% | $33K | $202K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09293 | +0.486% | $1.0M | $188K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09276 | +0.303% | $380K | $2.8M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09272 | +0.260% | $150K | $711K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09243 | −0.054% | $429 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09263 | +0.163% | $70K | $68K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09249 | +0.011% | $2.1M | $2.2M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09239 | −0.092% | $47K | $231K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09256 | +0.087% | $1.5M | $5.5M | 90x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0363% | 1h | 0.09249 | +0.010% | $1.3M | $3.0M | 50x | as long as short |
| Hyperliquid HBAR | +0.0522% | 1h | 0.09261 | +0.143% | $8.7M | $3.7M | 5x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0617% / S −0.0663% | 1h | 0.09249 | +0.007% | $157K | — | 100x | as long as short |
gTrade (Gains Network) HBAR/USD
Deribit HBAR_USDC-PERPETUAL
Injective HBAR/USDC PERP
Coinbase International HBAR-PERP-INTX
Lighter HBAR
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
MEXC HBAR_USDT
KuCoin HBARUSDTM
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
BloFin HBAR-USDT
Kraken Futures PF_HBARUSD
Hyperliquid HBAR
GMX HBAR/USD [WBTC.b-USDC]