Funding you earn now, next payment 02:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.557%
Price spread now: Bybit against Injective−1.023%7-day average +0.088% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.783%+$78 on $10k
+Price spread, last 3 days (all we have)+1.423%+$142 · spread now −1.023%, 7d avg +0.088%
=Funding pays, the price is against you. Bybit is 1.111% cheaper against Injective than usual: you would sell low and buy high (spread −1.023% now, against its 7-day average of +0.088%). If the spread goes back, that is −$111 on $10k: about 56 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.783% in total) that is about 9.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective HBAR/USDC PERP | 0.09282 | 0.0033 | pay 0.0004% / 1h | 31m 10s | $1K | $106K | 12x |
| Short | Bybit HBARUSDT | 0.09187 | 0.0100 | get 0.0100% / 8h | 6h 31m | $32.6M | $34.8M | 75x |
Injective HBAR/USDC PERP
Bybit HBARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $14
- Price spread: −1.023% → +0.088%
- −$111.14
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$108.16
- Costs to cover
- 0.110%
- Break-even
- 61.1 days
Slippage unknown: Injective: live order book, 33 min ago; Bybit: 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 Injective live order book, 33 min ago | 76.02 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 0.54 bp | 9.7 bp −$10 | 21.6 bp −$216 | 103.8 bp −$10.4K | doesn't fit |
HBAR on 27 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni HBARUSDT | −0.0102% | 1h | 0.09212 | −0.754% | $147K | $723K | 50x | as long as short |
| KuCoin HBARUSDTM | −0.0070% | 8h | 0.09187 | −1.023% | $7.1M | $7.4M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09199 | −0.892% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09191 | −0.985% | $8K | — | 150x | as long as short |
| Injective HBAR/USDC PERPlong | +0.0033% | 1h | 0.09282 | long leg | $1K | $106K | 12x | |
| Gate HBAR_USDT | +0.0044% | 8h | 0.09179 | −1.110% | $2.4M | $3.0M | 75x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09193 | −0.959% | $222K | $2.1M | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0069% | 1h | 0.09193 | −0.960% | $1.4M | $2.4M | 50x | as long as short |
| Variational Omni HBAR | +0.0071% | 8h | 0.09192 | −0.969% | $1.0M | $186K | — | as long as short |
| Extended HBAR-USD | +0.0072% | 1h | 0.09185 | −1.049% | $47K | $278K | 10x | as long as short |
ApeX Omni HBARUSDT
KuCoin HBARUSDTM
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Gate HBAR_USDT
Coinbase International HBAR-PERP-INTX
Kraken Futures PF_HBARUSD
Variational Omni HBAR
Extended HBAR-USDShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC HBAR_USDT | +0.0072% | 8h | 0.09187 | −1.023% | $26.1M | $21.9M | 200x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0072% | 8h | 0.09191 | −0.979% | $368K | $2.2M | 10x | as long as short |
| Binance HBARUSDT | +0.0073% | 8h | 0.09188 | −1.013% | $34.2M | $104.7M | 75x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0074% | 8h | 0.09186 | −1.034% | $2K | $17K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09186 | −1.034% | $559K | $596K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09193 | −0.955% | $8.8M | $2.7M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09187 | −1.024% | $210K | $322K | 50x | as long as short |
| Bybit HBARUSDTshort | +0.0100% | 8h | 0.09187 | −1.023% | $32.6M | $34.8M | 75x | |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09190 | −0.991% | $6.7M | $24.4M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09182 | −1.077% | $17.0M | $15.0M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09184 | −1.056% | — | $6.2M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09185 | −1.045% | $32K | $123K | 15x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09187 | −1.023% | $426 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09215 | −0.722% | $70K | $66K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09189 | −1.002% | $2.1M | $2.2M | 50x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0185% | 1h | 0.09195 | −0.937% | $506K | $154K | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0486% / S −0.0549% | 1h | 0.09191 | −0.985% | $114K | — | 100x | as long as short |
MEXC HBAR_USDT
GRVT HBAR_USDT_Perp
Binance HBARUSDT
Orderly PERP_HBAR_USDC
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDT
Backpack HBAR_USDC_PERP
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Deribit HBAR_USDC-PERPETUAL
GMX HBAR/USD [WBTC.b-USDC]