Funding you earn now, next payment 04:00 UTC+0.0047%/8h= +5.1% APRnext payment +$0.06 per $10,000 · paid last 24h +0.351%
Price spread now: Coinbase International against Injective+0.722%7-day average +0.116% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.803%+$80 on $10k
+Price spread, last 4 days (all we have)−0.260%−$26 · spread now +0.722%, 7d avg +0.116%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Coinbase International is 0.606% dearer against Injective than usual: you sell high and buy low: +$61 more if the spread goes back to its 7-day average of +0.116%.
| 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 | 10m 48s | $1K | $105K | 12x |
| Short | Coinbase International HBAR-PERP-INTX | 0.09349 | 0.0080 | get 0.0010% / 1h | 10m 48s | $236K | $2.3M | 50x |
Injective HBAR/USDC PERP
Coinbase International HBAR-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $9.8
- Price spread: +0.722% → +0.116%
- $60.59
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $60.37
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; 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 Injective no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 3 min ago | 3.20 bp | 12.4 bp −$12 | 18.1 bp −$181 | doesn't fit | doesn't fit |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX HBAR-USD | 0.0000% | 1h | 0.09348 | +0.707% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09350 | +0.733% | $515K | $190K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0011% | 1h | 0.09346 | +0.693% | $9K | — | 150x | as long as short |
| Injective HBAR/USDC PERPlong | +0.0033% | 1h | 0.09282 | long leg | $1K | $105K | 12x | |
| Coinbase International HBAR-PERP-INTXshort | +0.0080% | 1h | 0.09349 | +0.722% | $236K | $2.3M | 50x | |
| Orderly PERP_HBAR_USDC | +0.0080% | 8h | 0.09343 | +0.657% | $2K | $14K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09346 | +0.690% | $564K | $619K | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09336 | +0.584% | $200K | $336K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09332 | +0.539% | $34.5M | $110.6M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09332 | +0.539% | $32.9M | $35.3M | 75x | as long as short |
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Orderly PERP_HBAR_USDC
Lighter HBAR
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09334 | +0.560% | $6.6M | $25.6M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09337 | +0.593% | $2.4M | $2.7M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09334 | +0.560% | $25.7M | $19.8M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09345 | +0.679% | $7.5M | $7.4M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09331 | +0.528% | $17.0M | $15.6M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09332 | +0.539% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09345 | +0.679% | $38K | $199K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09341 | +0.633% | $1.0M | $188K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09356 | +0.800% | $384K | $2.8M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09362 | +0.862% | $151K | $713K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09346 | +0.690% | $434 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09358 | +0.819% | $71K | $68K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09348 | +0.711% | $2.2M | $2.2M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09339 | +0.615% | $48K | $256K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09345 | +0.679% | $1.5M | $5.6M | 90x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0359% | 1h | 0.09350 | +0.737% | $1.3M | $3.0M | 50x | as long as short |
| Hyperliquid HBAR | +0.0599% | 1h | 0.09348 | +0.709% | $9.4M | $3.3M | 5x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0622% / S −0.0663% | 1h | 0.09347 | +0.699% | $159K | — | 100x | as long as short |
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
MEXC HBAR_USDT
KuCoin HBARUSDTM
Bitget HBARUSDT
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
Variational Omni HBAR
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
Hyperliquid HBAR
GMX HBAR/USD [WBTC.b-USDC]