Funding you earn now, next payment 23:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.011%
Price spread now: Deribit against HTX−0.118%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.131%−$13 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.118% cheaper against HTX than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX HBAR-USDT | 0.09338 | 0.0100 | pay 0.0100% / 8h | 1h 42m | $73K | $53K | 20x |
| Short | Deribit HBAR_USDC-PERPETUAL | 0.09327 | 0 | get 0.0000% / 1h | 42m 53s | $514K | $151K | 50x |
HTX HBAR-USDT
Deribit HBAR_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against HTX. 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
- −$21
- Price spread: −0.118% → 0.000%
- −$11.78
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$51.78
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: HTX: no order-book sample; Deribit: live order book, 41 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 HTX no order-book sample | — | — | — | — | — |
| Sell Deribit live order book, 41 min ago | 3.24 bp | 6.7 bp −$7 | 15.3 bp −$153 | doesn't fit | doesn't fit |
HTX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective HBAR/USDC PERP | −0.0153% | 1h | 0.09267 | −0.760% | $1K | $112K | 12x | as long as short |
| Gate HBAR_USDT | −0.0022% | 8h | 0.09328 | −0.107% | $2.4M | $3.5M | 75x | as long as short |
| KuCoin HBARUSDTM | −0.0006% | 8h | 0.09329 | −0.096% | $7.4M | $7.9M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09311 | −0.284% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUALshort | 0.0000% | 1h | 0.09327 | −0.118% | $514K | $151K | 50x | |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09322 | −0.173% | $8K | — | 150x | as long as short |
| Variational Omni HBAR | +0.0060% | 8h | 0.09283 | −0.593% | $1.0M | $197K | — | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09320 | −0.193% | $224K | $2.2M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09316 | −0.236% | $2K | $16K | 10x | as long as short |
| MEXC HBAR_USDT | +0.0083% | 8h | 0.09329 | −0.096% | $25.7M | $22.3M | 200x | as long as short |
Injective HBAR/USDC PERP
Gate HBAR_USDT
KuCoin HBARUSDTM
dYdX HBAR-USD
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 | 0.09331 | −0.075% | $35.0M | $110.4M | 75x | as long as short |
| Extended HBAR-USD | +0.0088% | 1h | 0.09329 | −0.093% | $51K | $218K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09323 | −0.161% | $572K | $591K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09340 | +0.024% | $8.9M | $2.9M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09330 | −0.087% | $213K | $429K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09332 | −0.064% | $33.2M | $37.1M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09330 | −0.086% | $6.8M | $25.2M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09331 | −0.075% | $17.2M | $14.8M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09329 | −0.096% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09330 | −0.086% | $34K | $104K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09299 | −0.418% | $379K | $2.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09303 | −0.375% | $149K | $706K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09321 | −0.182% | $433 | $6K | 5x | as long as short |
| HTX HBAR-USDTlong | +0.0100% | 8h | 0.09338 | long leg | $73K | $53K | 20x | |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09321 | −0.182% | $2.2M | $2.1M | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0192% | 1h | 0.09330 | −0.089% | $1.4M | $2.3M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0205% | 8h | 0.09317 | −0.225% | $1.5M | $5.6M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0449% / S −0.0478% | 1h | 0.09321 | −0.178% | $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-USDC
Backpack HBAR_USDC_PERP
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
Phemex HBARUSDT
Kraken Futures PF_HBARUSD
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]