Funding you earn now, next payment 00:00 UTC+0.0226%/8h= +24.8% APRnext payment +$2.26 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against Gate−0.139%48s7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$530.533% of the position
Funding, last 7 days+0.184%+$18 on $10k
+Price spread, last 3 days (all we have)+0.123%+$12 · spread now −0.139%, 7d avg +0.011%
=Funding pays, the price is against you. BloFin is 0.151% cheaper against Gate than usual: you would sell low and buy high (spread −0.139% now, against its 7-day average of +0.011%). If the spread goes back, that is −$15 on $10k: about 2.2 days of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.184% in total) that is about 5.7 days. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate HBAR_USDT | 0.09330 | −0.0021 | get 0.0021% / 8h | 1h 42m | $2.4M | $3.5M | 75x |
| Short | BloFin HBAR-USDT | 0.09317 | 0.0205 | get 0.0205% / 8h | 1h 42m | $1.5M | $5.6M | 90x |
Gate HBAR_USDT
BloFin HBAR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $47.54
- Price spread: −0.139% → +0.011%
- −$15.06
- Slippage, 4 orders
- −$26.31
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$20.83
- Costs to cover
- 0.533%
- Break-even
- 10.1 days
Slippage from Gate: live order book, 6 min ago; BloFin: live order book, 6 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, 6 min ago | 2.69 bp | 15.7 bp −$16 | 54.0 bp −$540 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 6 min ago | 1.08 bp | 13.6 bp −$14 | 20.0 bp −$200 | 45.1 bp −$4,511 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective HBAR/USDC PERP | −0.0153% | 1h | 0.09267 | −0.675% | $1K | $112K | 12x | as long as short |
| Gate HBAR_USDTlong | −0.0021% | 8h | 0.09330 | long leg | $2.4M | $3.5M | 75x | |
| KuCoin HBARUSDTM | −0.0010% | 8h | 0.09331 | +0.011% | $7.4M | $7.9M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09327 | −0.027% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09340 | +0.107% | $514K | $151K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09337 | +0.070% | $8K | — | 150x | as long as short |
| Variational Omni HBAR | +0.0060% | 8h | 0.09283 | −0.508% | $1.0M | $197K | — | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09329 | −0.011% | $223K | $2.2M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09331 | +0.011% | $2K | $16K | 10x | as long as short |
| MEXC HBAR_USDT | +0.0085% | 8h | 0.09333 | +0.032% | $25.8M | $22.4M | 200x | as long as short |
Injective HBAR/USDC PERP
KuCoin HBARUSDTM
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Variational Omni HBAR
Coinbase International HBAR-PERP-INTX
Orderly PERP_HBAR_USDC
MEXC HBAR_USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance HBARUSDT | +0.0085% | 8h | 0.09334 | +0.043% | $35.1M | $110.4M | 75x | as long as short |
| Extended HBAR-USD | +0.0088% | 1h | 0.09332 | +0.025% | $51K | $218K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09325 | −0.054% | $572K | $591K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09343 | +0.137% | $8.9M | $2.9M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09335 | +0.049% | $213K | $429K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09338 | +0.086% | $33.3M | $37.0M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09334 | +0.043% | $6.9M | $25.2M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09334 | +0.043% | $17.2M | $14.8M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09333 | +0.032% | — | $5.9M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09330 | 0.000% | $34K | $104K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09299 | −0.332% | $379K | $2.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09303 | −0.289% | $149K | $706K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09333 | +0.032% | $433 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09338 | +0.086% | $73K | $53K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09321 | −0.096% | $2.2M | $2.1M | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0192% | 1h | 0.09342 | +0.130% | $1.4M | $2.2M | 50x | as long as short |
| BloFin HBAR-USDTshort | +0.0205% | 8h | 0.09317 | −0.139% | $1.5M | $5.6M | 90x | |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0449% / S −0.0478% | 1h | 0.09336 | +0.060% | $105K | — | 100x | as long as short |
Binance HBARUSDT
Extended HBAR-USD
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDT
Backpack HBAR_USDC_PERP
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Kraken Futures PF_HBARUSD
GMX HBAR/USD [WBTC.b-USDC]