Funding you earn now, next payment 04:00 UTC+0.0132%/8h= +14.5% APRpaid last 24h +0.014%
Price spread now: Deribit against Gate+0.183%7-day average +0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$510.512% of the position
Funding, last 7 days−0.041%−$4 on $10k
+Price spread, last 4 days (all we have)−0.177%−$18 · spread now +0.183%, 7d avg +0.070%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Deribit is 0.113% dearer against Gate than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.070%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate HBAR_USDT | 0.09267 | 0.0049 | pay 0.0049% / 8h | 4h 28m | $2.4M | $2.8M | 75x |
| Short | Deribit HBAR_USDC-PERPETUAL | 0.09284 | 0.0181 | get 0.0023% / 1h | 28m 56s | $511K | $175K | 50x |
Gate HBAR_USDT
Deribit HBAR_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $27.72
- Price spread: +0.183% → +0.070%
- $11.3
- Slippage, 4 orders
- −$29.16
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$12.14
- Costs to cover
- 0.512%
- Break-even
- 10.1 days
Slippage from Gate: live order book, 4 min ago; Deribit: live order book, 30 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, 4 min ago | 2.16 bp | 18.8 bp −$19 | 82.3 bp −$823 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 30 min ago | 4.88 bp | 8.4 bp −$8 | doesn't fit | 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 | 0.09275 | +0.082% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09279 | +0.126% | $8K | — | 150x | as long as short |
| KuCoin HBARUSDTM | +0.0014% | 8h | 0.09264 | −0.032% | $7.2M | $7.2M | 75x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | +0.162% | $1K | $105K | 12x | as long as short |
| Gate HBAR_USDTlong | +0.0049% | 8h | 0.09267 | long leg | $2.4M | $2.8M | 75x | |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09274 | +0.076% | $229K | $2.1M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0080% | 8h | 0.09276 | +0.097% | $2K | $14K | 10x | as long as short |
| Variational Omni HBAR | +0.0093% | 8h | 0.09251 | −0.174% | $1.0M | $187K | — | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09275 | +0.086% | $562K | $598K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09281 | +0.155% | $8.8M | $2.7M | 5x | as long as short |
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
KuCoin HBARUSDTM
Injective HBAR/USDC PERP
Coinbase International HBAR-PERP-INTX
Orderly PERP_HBAR_USDC
Variational Omni HBAR
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 | 0.09274 | +0.078% | $212K | $318K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09268 | +0.011% | $34.0M | $105.4M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09270 | +0.032% | $32.7M | $33.9M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09271 | +0.043% | $6.6M | $24.7M | 50x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09267 | 0.000% | $25.8M | $19.6M | 200x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09265 | −0.022% | $17.0M | $15.1M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09269 | +0.022% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09274 | +0.076% | $38K | $200K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09255 | −0.129% | $376K | $2.5M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09220 | −0.507% | $147K | $713K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09282 | +0.162% | $431 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09290 | +0.248% | $71K | $66K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09282 | +0.162% | $2.2M | $2.1M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09264 | −0.035% | $52K | $278K | 10x | as long as short |
| Deribit HBAR_USDC-PERPETUALshort | +0.0181% | 1h | 0.09284 | +0.183% | $511K | $175K | 50x | |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09279 | +0.129% | $1.4M | $5.4M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0347% / S −0.0242% | 1h | 0.09277 | +0.110% | $80K | — | 100x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0390% | 1h | 0.09285 | +0.194% | $1.4M | $2.6M | 50x | as long as short |
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
MEXC HBAR_USDT
Bitget HBARUSDT
BingX HBAR-USDC
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
GMX HBAR/USD [WBTC.b-USDC]
Kraken Futures PF_HBARUSD