Funding you earn now, next payment 23:00 UTC+0.0253%/8h= +27.7% APRpaid last 24h +0.594%
Price spread now: Bitget against Injective+0.550%101s7-day average +0.098% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.914%+$91 on $10k
+Price spread, last 3 days (all we have)−0.042%−$4 · spread now +0.550%, 7d avg +0.098%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Bitget is 0.452% dearer against Injective than usual: you sell high and buy low: +$45 more if the spread goes back to its 7-day average of +0.098%. The two prices were read 101 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 | −0.0153 | get 0.0019% / 1h | 39m 43s | $1K | $112K | 12x |
| Short | Bitget HBARUSDT | 0.09318 | 0.0100 | get 0.0100% / 8h | 1h 39m | $17.2M | $14.8M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $53.15
- Price spread: +0.550% → +0.098%
- $45.2
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $86.33
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Injective: live order book, 39 min ago; Bitget: live order book, 4 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, 39 min ago | 20.50 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 0.54 bp | 8.1 bp −$8 | 16.0 bp −$160 | 45.0 bp −$4,496 | 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 PERPlong | −0.0153% | 1h | 0.09267 | long leg | $1K | $112K | 12x | |
| Gate HBAR_USDT | −0.0020% | 8h | 0.09323 | +0.604% | $2.4M | $3.5M | 75x | as long as short |
| KuCoin HBARUSDTM | −0.0010% | 8h | 0.09321 | +0.583% | $7.4M | $7.8M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09330 | +0.684% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09327 | +0.647% | $514K | $151K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09321 | +0.586% | $8K | — | 150x | as long as short |
| Variational Omni HBAR | +0.0063% | 8h | 0.09319 | +0.566% | $1.0M | $197K | — | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09326 | +0.637% | $223K | $2.2M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09318 | +0.550% | $2K | $16K | 10x | as long as short |
| MEXC HBAR_USDT | +0.0087% | 8h | 0.09325 | +0.626% | $26.2M | $22.6M | 200x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance HBARUSDT | +0.0088% | 8h | 0.09326 | +0.640% | $35.0M | $110.4M | 75x | as long as short |
| Extended HBAR-USD | +0.0088% | 1h | 0.09323 | +0.607% | $51K | $218K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09326 | +0.637% | $572K | $591K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09337 | +0.761% | $8.9M | $2.9M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09324 | +0.617% | $213K | $429K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09323 | +0.604% | $33.2M | $37.0M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09321 | +0.583% | $6.8M | $25.2M | 50x | as long as short |
| Bitget HBARUSDTshort | +0.0100% | 8h | 0.09318 | +0.550% | $17.2M | $14.8M | 75x | |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09318 | +0.550% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09326 | +0.637% | $34K | $104K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09299 | +0.345% | $379K | $2.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09303 | +0.388% | $149K | $706K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09321 | +0.583% | $433 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09322 | +0.594% | $73K | $53K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09322 | +0.594% | $2.2M | $2.1M | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0192% | 1h | 0.09330 | +0.685% | $1.4M | $2.2M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0207% | 8h | 0.09314 | +0.507% | $1.4M | $5.6M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0448% / S −0.0478% | 1h | 0.09321 | +0.587% | $104K | — | 100x | as long as short |
Injective HBAR/USDC PERP
Bitget HBARUSDT
Gate HBAR_USDT
KuCoin HBARUSDTM
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Variational Omni HBAR
Coinbase International HBAR-PERP-INTX
MEXC HBAR_USDT
Binance HBARUSDT
Extended HBAR-USD
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
BingX HBAR-USDC
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]