Funding you earn now, next payment 22:00 UTC−0.0041%/8h= −4.5% APRnext payment −$0.05 per $10,000 · paid last 24h −0.040%
Price spread now: Coinbase International against Hyperliquid−0.205%7-day average −0.085% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.082%−$8 on $10k
+Price spread, last 3 days (all we have)+0.029%+$3 · spread now −0.205%, 7d avg −0.085%
=Together, before fees−0.053%+ Points / potential airdropHyperliquid: Season 2 · farm board−$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Coinbase International is 0.120% cheaper against Hyperliquid than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.085%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid HBAR | 0.09239 | 0.0105 | pay 0.0013% / 1h | 55m 42s | $8.8M | $2.9M | 5x |
| Short | Coinbase International HBAR-PERP-INTX | 0.09220 | 0.0064 | get 0.0008% / 1h | 55m 42s | $231K | $2.2M | 50x |
Hyperliquid HBAR
Coinbase International HBAR-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Hyperliquid. 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
- −$8.67
- Price spread: −0.205% → −0.085%
- −$11.99
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$39.65
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 7 min ago; Coinbase International: live order book, 3 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 Hyperliquid live order book, 7 min ago | 0.49 bp | 8.6 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 3 min ago | 4.35 bp | 13.4 bp −$13 | 17.5 bp −$175 | 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 | −0.053% | $2K | $112K | 12x | as long as short |
| Gate HBAR_USDT | −0.0035% | 8h | 0.09233 | −0.064% | $2.4M | $3.5M | 75x | as long as short |
| KuCoin HBARUSDTM | −0.0012% | 8h | 0.09229 | −0.107% | $7.4M | $7.9M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09234 | −0.051% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09223 | −0.172% | $508K | $151K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09221 | −0.198% | $8K | — | 150x | as long as short |
| Variational Omni HBAR | +0.0048% | 8h | 0.09185 | −0.582% | $1.0M | $197K | — | as long as short |
| Coinbase International HBAR-PERP-INTXshort | +0.0064% | 1h | 0.09220 | −0.205% | $231K | $2.2M | 50x | |
| Extended HBAR-USD | +0.0072% | 1h | 0.09230 | −0.098% | $51K | $218K | 10x | as long as short |
| MEXC HBAR_USDT | +0.0074% | 8h | 0.09234 | −0.053% | $24.3M | $22.0M | 200x | as long as short |
Injective HBAR/USDC PERP
Gate HBAR_USDT
KuCoin HBARUSDTM
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Variational Omni HBAR
Extended HBAR-USD
MEXC HBAR_USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance HBARUSDT | +0.0076% | 8h | 0.09231 | −0.081% | $34.7M | $110.4M | 75x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09214 | −0.270% | $2K | $16K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09230 | −0.096% | $567K | $590K | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09224 | −0.164% | $210K | $429K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09235 | −0.042% | $32.9M | $37.0M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09235 | −0.042% | $6.8M | $24.8M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09239 | +0.001% | $17.0M | $14.8M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09237 | −0.021% | — | $5.9M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09223 | −0.172% | $32K | $103K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09184 | −0.590% | $374K | $2.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09185 | −0.583% | $147K | $709K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09215 | −0.259% | $428 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09232 | −0.075% | $73K | $53K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09218 | −0.226% | $2.2M | $2.1M | 50x | as long as short |
| Hyperliquid HBARlong | +0.0105% | 1h | 0.09239 | long leg | $8.8M | $2.9M | 5x | |
| Kraken Futures PF_HBARUSD | +0.0194% | 1h | 0.09228 | −0.118% | $1.4M | $2.3M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0194% | 8h | 0.09203 | −0.389% | $1.4M | $5.5M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0446% / S −0.0478% | 1h | 0.09220 | −0.201% | $103K | — | 100x | as long as short |
Binance HBARUSDT
Orderly PERP_HBAR_USDC
Lighter 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
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]