Funding you earn now, next payment 00:00 UTC−0.0131%/8h= −14.3% APRnext payment −$1.31 per $10,000 · paid last 24h +0.022%
Price spread now: Gate against GRVT+0.071%51s7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as 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−$490.492% of the position
Funding, last 7 days+0.031%+$3 on $10k
+Price spread, last 3 days (all we have)−0.165%−$17 · spread now +0.071%, 7d avg +0.054%
=Together, before fees−0.134%+ Points / potential airdropGRVT: Active · farm board−$13 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.054%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. The two prices were read 51 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 | GRVT HBAR_USDT_Perp | 0.09244 | 0.0100 | pay 0.0100% / 8h | 1h 50m | $376K | $2.1M | 10x |
| Short | Gate HBAR_USDT | 0.09251 | −0.0031 | pay 0.0031% / 8h | 1h 50m | $2.4M | $3.5M | 75x |
GRVT HBAR_USDT_Perp
Gate HBAR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against GRVT. 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
- −$27.51
- Price spread: +0.071% → +0.054%
- $1.61
- Slippage, 4 orders
- −$25.19
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$75.09
- Costs to cover
- 0.492%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 3 min ago; Gate: 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 GRVT live order book, 3 min ago | 1.62 bp | 8.1 bp −$8 | 17.8 bp −$178 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 3.78 bp | 15.5 bp −$15 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective HBAR/USDC PERP | −0.0153% | 1h | 0.09234 | −0.113% | $2K | $112K | 12x | as long as short |
| Gate HBAR_USDTshort | −0.0031% | 8h | 0.09251 | +0.071% | $2.4M | $3.5M | 75x | |
| KuCoin HBARUSDTM | −0.0009% | 8h | 0.09251 | +0.071% | $7.4M | $7.9M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09258 | +0.148% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09268 | +0.254% | $510K | $151K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09262 | +0.186% | $8K | — | 150x | as long as short |
| Variational Omni HBAR | +0.0049% | 8h | 0.09213 | −0.344% | $1.0M | $197K | — | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09257 | +0.136% | $223K | $2.2M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09261 | +0.179% | $2K | $16K | 10x | as long as short |
| MEXC HBAR_USDT | +0.0078% | 8h | 0.09256 | +0.125% | $24.6M | $22.0M | 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 | +0.0079% | 8h | 0.09248 | +0.040% | $34.7M | $110.2M | 75x | as long as short |
| Extended HBAR-USD | +0.0080% | 1h | 0.09248 | +0.036% | $51K | $218K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09255 | +0.114% | $569K | $590K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09255 | +0.119% | $8.8M | $2.9M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09256 | +0.127% | $211K | $429K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09248 | +0.038% | $32.9M | $37.0M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09245 | +0.006% | $6.8M | $24.8M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09253 | +0.092% | $17.1M | $14.8M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09250 | +0.060% | — | $5.9M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09262 | +0.190% | $32K | $103K | 15x | as long as short |
| GRVT HBAR_USDT_Perplong | +0.0100% | 8h | 0.09244 | long leg | $376K | $2.1M | 10x | |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09261 | +0.179% | $148K | $707K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09260 | +0.168% | $430 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09276 | +0.341% | $73K | $53K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09259 | +0.157% | $2.2M | $2.1M | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0194% | 1h | 0.09269 | +0.265% | $1.4M | $2.3M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0199% | 8h | 0.09260 | +0.168% | $1.4M | $5.5M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0447% / S −0.0478% | 1h | 0.09260 | +0.168% | $104K | — | 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
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Kraken Futures PF_HBARUSD
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]