Funding you earn now, next payment 22:00 UTC−0.0252%/8h= −27.6% APRpaid last 24h +0.555%
Price spread now: MEXC against Injective+0.380%115s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.888%+$89 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. MEXC is 0.380% dearer against Injective than usual: you sell high and buy low (spread +0.380% now, against zero (this spread has no 7-day history yet)): +$38 on $10k if it goes back. Holding the pair costs −$8 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 +0.888%, so the current rate has only just turned against you. The two prices were read 115 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 | 0.09211 | 0.0311 | pay 0.0039% / 1h | 25m 28s | $1K | $84K | 12x |
| Short | MEXC HBAR_USDT | 0.09246 | 0.0059 | get 0.0059% / 8h | 2h 25m | $24.1M | $22.7M | 200x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$52.84
- Price spread: +0.380% → 0.000%
- $38
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$14.86
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; MEXC: 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 MEXC live order book, 3 min ago | 0.54 bp | 3.2 bp −$3 | 6.6 bp −$66 | 34.0 bp −$3,401 | 120.3 bp −$60.1K |
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 | −0.0031% | 8h | 0.09249 | +0.413% | $7.4M | $7.9M | 75x | as long as short |
| Gate HBAR_USDT | −0.0023% | 8h | 0.09245 | +0.369% | $2.4M | $3.5M | 75x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09255 | +0.478% | $510K | $150K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09243 | +0.347% | $8K | — | 150x | as long as short |
| Variational Omni HBAR | +0.0050% | 8h | 0.09187 | −0.260% | $1.0M | $197K | — | as long as short |
| Extended HBAR-USD | +0.0056% | 1h | 0.09248 | +0.400% | $51K | $210K | 10x | as long as short |
| MEXC HBAR_USDTshort | +0.0059% | 8h | 0.09246 | +0.380% | $24.1M | $22.7M | 200x | |
| Binance HBARUSDT | +0.0062% | 8h | 0.09241 | +0.328% | $34.8M | $110.7M | 75x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0072% | 1h | 0.09244 | +0.358% | $221K | $2.2M | 50x | as long as short |
| Backpack HBAR_USDC_PERP | +0.0072% | 1h | 0.09250 | +0.423% | $31K | $102K | 15x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09239 | +0.304% | $2K | $18K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09247 | +0.391% | $568K | $590K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09261 | +0.537% | $8.8M | $2.9M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09252 | +0.445% | $211K | $429K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09239 | +0.304% | $33.1M | $37.0M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09237 | +0.282% | $6.9M | $24.8M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09251 | +0.434% | $17.0M | $14.9M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09240 | +0.315% | — | $6.7M | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09226 | +0.163% | $376K | $2.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09230 | +0.206% | $148K | $707K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09249 | +0.413% | $429 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09251 | +0.434% | $73K | $53K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09248 | +0.402% | $2.2M | $2.2M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0179% | 8h | 0.09226 | +0.163% | $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 | +0.0381% | 1h | 0.09255 | +0.481% | $1.4M | $2.4M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0446% / S −0.0478% | 1h | 0.09241 | +0.330% | $104K | — | 100x | as long as short |
| dYdX HBAR-USD | +0.3806% | 1h | 0.09249 | +0.416% | $30K | $4K | 5x | as long as short |
Injective HBAR/USDC PERP
MEXC HBAR_USDT
KuCoin HBARUSDTM
Gate HBAR_USDT
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Variational Omni HBAR
Extended HBAR-USD
Binance HBARUSDT
Coinbase International HBAR-PERP-INTX
Backpack HBAR_USDC_PERP
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]