Funding you earn now, next payment 00:00 UTC−0.0142%/8h= −15.5% APRpaid last 24h +0.566%
Price spread now: Binance against Injective+0.302%87s7-day average +0.088% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.844%+$84 on $10k
+Price spread, last 3 days (all we have)+0.187%+$19 · spread now +0.302%, 7d avg +0.088%
=The price spread pays, funding is against you. Binance is 0.214% dearer against Injective than usual: you sell high and buy low (spread +0.302% now, against its 7-day average of +0.088%): +$21 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 5.0 days. Mind the row above: over the last 7 days funding on this pair paid +0.844%, so the current rate has only just turned against you. The two prices were read 87 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 | Injective HBAR/USDC PERP | 0.09267 | 0.0242 | pay 0.0030% / 1h | 57m 51s | $1K | $112K | 12x |
| Short | Binance HBARUSDT | 0.09295 | 0.0100 | get 0.0100% / 8h | 57m 51s | $34.8M | $110.2M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Injective. 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
- −$29.82
- Price spread: +0.302% → +0.088%
- $21.39
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$18.45
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: live order book, 16 min ago; Binance: live order book, 15 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 Injective live order book, 16 min ago | 54.85 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 0.54 bp | 9.0 bp −$9 | 16.7 bp −$167 | 57.7 bp −$5,769 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HBARUSDTM | −0.0028% | 8h | 0.09295 | +0.302% | $7.4M | $7.8M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09292 | +0.273% | $30K | $4K | 5x | as long as short |
| Gate HBAR_USDT | 0.0000% | 8h | 0.09295 | +0.302% | $2.4M | $3.6M | 75x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09302 | +0.378% | $512K | $166K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09300 | +0.361% | $8K | — | 150x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09295 | +0.302% | $222K | $2.2M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0077% | 8h | 0.09294 | +0.291% | $2K | $17K | 10x | as long as short |
| Variational Omni HBAR | +0.0086% | 8h | 0.09276 | +0.100% | $1.0M | $198K | — | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09294 | +0.291% | $570K | $591K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09306 | +0.417% | $8.9M | $2.9M | 5x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HBARUSDT | +0.0100% | 8h | 0.09300 | +0.357% | $212K | $429K | 50x | as long as short |
| Binance HBARUSDTshort | +0.0100% | 8h | 0.09295 | +0.302% | $34.8M | $110.2M | 75x | |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09296 | +0.313% | $33.1M | $37.0M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09294 | +0.291% | $6.8M | $25.2M | 50x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09296 | +0.313% | $25.6M | $22.0M | 200x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09298 | +0.335% | $17.2M | $15.0M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09296 | +0.313% | — | $5.9M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09299 | +0.345% | $34K | $102K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09280 | +0.136% | $377K | $2.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09277 | +0.108% | $149K | $708K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09295 | +0.302% | $431 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09308 | +0.442% | $73K | $54K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09297 | +0.324% | $2.2M | $2.2M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09295 | +0.302% | $51K | $218K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09289 | +0.237% | $1.5M | $5.6M | 90x | as long as short |
| Injective HBAR/USDC PERPlong | +0.0242% | 1h | 0.09267 | long leg | $1K | $112K | 12x | |
| Kraken Futures PF_HBARUSD | +0.0412% | 1h | 0.09303 | +0.390% | $1.4M | $2.2M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0449% / S −0.0478% | 1h | 0.09298 | +0.335% | $104K | — | 100x | as long as short |
Injective HBAR/USDC PERP
Binance HBARUSDT
KuCoin HBARUSDTM
Gate HBAR_USDT
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Coinbase International HBAR-PERP-INTX
Variational Omni HBAR
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
MEXC HBAR_USDT
Bitget HBARUSDT
BingX HBAR-USDT
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
Kraken Futures PF_HBARUSD
GMX HBAR/USD [WBTC.b-USDC]