Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.002%
Price spread now: Bitget against Gate−0.043%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$520.516% of the position
Funding, last 7 days+0.029%+$3 on $10k
+Price spread, last 7 days+0.003%$0 · spread now −0.043%, 7d avg −0.012%
=Funding pays, the price is against you. Bitget is 0.031% cheaper against Gate than usual: you would sell low and buy high (spread −0.043% now, against its 7-day average of −0.012%). If the spread goes back, that is −$3 on $10k: about 21 hours of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.029% in total) that is about 7.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate HBAR_USDT | 0.09245 | −0.0020 | get 0.0020% / 8h | 2h 16m | $2.4M | $3.6M | 75x |
| Short | Bitget HBARUSDT | 0.09241 | 0.0100 | get 0.0100% / 8h | 2h 16m | $17.0M | $15.0M | 75x |
Gate HBAR_USDT
Bitget HBARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Gate. 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
- $25.2
- Price spread: −0.043% → −0.012%
- −$3.12
- Slippage, 4 orders
- −$24.64
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$29.57
- Costs to cover
- 0.516%
- Break-even
- 15.2 days
Slippage from Gate: live order book, 1 min ago; Bitget: 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 Gate live order book, 1 min ago | 2.70 bp | 14.5 bp −$15 | 42.5 bp −$425 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 0.54 bp | 8.1 bp −$8 | 17.8 bp −$178 | 41.7 bp −$4,169 | 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 | −0.0025% | 8h | 0.09239 | −0.065% | $7.3M | $7.9M | 75x | as long as short |
| Gate HBAR_USDTlong | −0.0020% | 8h | 0.09245 | long leg | $2.4M | $3.6M | 75x | |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09247 | +0.022% | $509K | $151K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09245 | −0.001% | $8K | — | 150x | as long as short |
| Variational Omni HBAR | +0.0054% | 8h | 0.09252 | +0.076% | $1.0M | $197K | — | as long as short |
| Extended HBAR-USD | +0.0064% | 1h | 0.09241 | −0.045% | $51K | $210K | 10x | as long as short |
| Binance HBARUSDT | +0.0067% | 8h | 0.09237 | −0.084% | $34.8M | $110.8M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0068% | 8h | 0.09240 | −0.054% | $24.0M | $22.7M | 200x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0072% | 1h | 0.09242 | −0.032% | $232K | $2.2M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09241 | −0.043% | $2K | $18K | 10x | as long as short |
KuCoin HBARUSDTM
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Variational Omni HBAR
Extended HBAR-USD
Binance HBARUSDT
MEXC HBAR_USDT
Coinbase International HBAR-PERP-INTX
Orderly PERP_HBAR_USDCShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack HBAR_USDC_PERP | +0.0096% | 1h | 0.09243 | −0.022% | $31K | $103K | 15x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09239 | −0.065% | $567K | $590K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09253 | +0.082% | $8.8M | $2.9M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09237 | −0.088% | $211K | $429K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09233 | −0.130% | $33.0M | $37.1M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09234 | −0.119% | $6.9M | $24.8M | 50x | as long as short |
| Bitget HBARUSDTshort | +0.0100% | 8h | 0.09241 | −0.043% | $17.0M | $15.0M | 75x | |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09239 | −0.065% | — | $5.9M | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09259 | +0.155% | $377K | $2.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09252 | +0.076% | $148K | $709K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09239 | −0.065% | $429 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09257 | +0.130% | $73K | $52K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09237 | −0.087% | $2.2M | $2.2M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0187% | 8h | 0.09243 | −0.022% | $1.5M | $5.6M | 90x | as long as short |
| Injective HBAR/USDC PERP | +0.0311% | 1h | 0.09234 | −0.119% | $2K | $112K | 12x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0381% | 1h | 0.09248 | +0.029% | $1.4M | $2.4M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0446% / S −0.0478% | 1h | 0.09245 | +0.002% | $104K | — | 100x | as long as short |
| dYdX HBAR-USD | +0.3429% | 1h | 0.09247 | +0.018% | $30K | $4K | 5x | as long as short |
Backpack HBAR_USDC_PERP
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
BingX HBAR-USDT
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
BloFin HBAR-USDT
Injective HBAR/USDC PERP
Kraken Futures PF_HBARUSD
GMX HBAR/USD [WBTC.b-USDC]
dYdX HBAR-USD