Funding you earn now, next payment 22:00 UTC−0.0311%/8h= −34.0% APRnext payment −$0.39 per $10,000 · paid last 24h +0.571%
Price spread now: Deribit against Injective−0.206%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.876%+$88 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Deribit is 0.206% cheaper against Injective than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.876%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective HBAR/USDC PERP | 0.09211 | 0.0311 | pay 0.0039% / 1h | 33m 26s | $1K | $84K | 12x |
| Short | Deribit HBAR_USDC-PERPETUAL | 0.09192 | 0 | get 0.0000% / 1h | 33m 26s | $506K | $150K | 50x |
Injective HBAR/USDC PERP
Deribit HBAR_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$65.23
- Price spread: −0.206% → 0.000%
- −$20.63
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$92.88
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Deribit: live order book, 55 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 Deribit live order book, 55 min ago | 2.72 bp | 6.2 bp −$6 | 15.2 bp −$152 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HBARUSDTM | −0.0041% | 8h | 0.09183 | −0.304% | $7.3M | $7.9M | 75x | as long as short |
| Gate HBAR_USDT | −0.0033% | 8h | 0.09187 | −0.261% | $2.4M | $3.5M | 75x | as long as short |
| Deribit HBAR_USDC-PERPETUALshort | 0.0000% | 1h | 0.09192 | −0.206% | $506K | $150K | 50x | |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09190 | −0.228% | $8K | — | 150x | as long as short |
| Backpack HBAR_USDC_PERP | +0.0036% | 1h | 0.09195 | −0.174% | $31K | $102K | 15x | as long as short |
| Variational Omni HBAR | +0.0049% | 8h | 0.09169 | −0.454% | $1.0M | $197K | — | as long as short |
| MEXC HBAR_USDT | +0.0054% | 8h | 0.09183 | −0.304% | $24.0M | $22.7M | 200x | as long as short |
| Binance HBARUSDT | +0.0054% | 8h | 0.09184 | −0.293% | $34.6M | $110.7M | 75x | as long as short |
| Extended HBAR-USD | +0.0056% | 1h | 0.09183 | −0.306% | $51K | $210K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0072% | 1h | 0.09192 | −0.206% | $220K | $2.2M | 50x | as long as short |
KuCoin HBARUSDTM
Gate HBAR_USDT
gTrade (Gains Network) HBAR/USD
Backpack HBAR_USDC_PERP
Variational Omni HBAR
MEXC HBAR_USDT
Binance HBARUSDT
Extended HBAR-USD
Coinbase International HBAR-PERP-INTXShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09183 | −0.304% | $2K | $18K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09195 | −0.174% | $565K | $590K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09197 | −0.151% | $8.8M | $2.9M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09190 | −0.232% | $210K | $428K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09185 | −0.282% | $32.9M | $37.1M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09182 | −0.315% | $6.9M | $24.6M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09191 | −0.217% | $16.9M | $14.9M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09186 | −0.271% | — | $6.7M | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09199 | −0.129% | $374K | $2.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09178 | −0.358% | $147K | $706K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09186 | −0.271% | $426 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09211 | 0.000% | $72K | $53K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09186 | −0.271% | $2.2M | $2.2M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0174% | 8h | 0.09195 | −0.174% | $1.5M | $5.6M | 90x | as long as short |
| Injective HBAR/USDC PERPlong | +0.0311% | 1h | 0.09211 | long leg | $1K | $84K | 12x | |
| Kraken Futures PF_HBARUSD | +0.0384% | 1h | 0.09193 | −0.194% | $1.4M | $2.4M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0445% / S −0.0478% | 1h | 0.09188 | −0.253% | $103K | — | 100x | as long as short |
| dYdX HBAR-USD | +0.3640% | 1h | 0.09190 | −0.227% | $30K | $4K | 5x | as long as short |
Orderly PERP_HBAR_USDC
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDC
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
BloFin HBAR-USDT
Kraken Futures PF_HBARUSD
GMX HBAR/USD [WBTC.b-USDC]
dYdX HBAR-USD