Funding you earn now, next payment 00:00 UTC+0.0130%/8h= +14.2% APRnext payment +$1.30 per $10,000 · paid last 24h +0.001%
Price spread now: Bybit against KuCoin−0.043%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$520.518% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 7 days+0.020%+$2 · spread now −0.043%, 7d avg −0.029%
=The price spread sits at its 7-day average of −0.029%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin HBARUSDTM | 0.09241 | −0.0030 | get 0.0030% / 8h | 2h 23m | $7.4M | $7.9M | 75x |
| Short | Bybit HBARUSDT | 0.09237 | 0.0100 | get 0.0100% / 8h | 2h 23m | $33.1M | $37.0M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against KuCoin. 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
- $27.3
- Price spread: −0.043% → −0.029%
- −$1.42
- Slippage, 4 orders
- −$28.84
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$25.96
- Costs to cover
- 0.518%
- Break-even
- 13.7 days
Slippage from KuCoin: live order book, 4 min ago; Bybit: live order book, 5 min ago.
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 KuCoin live order book, 4 min ago | 2.71 bp | 16.3 bp −$16 | 46.0 bp −$460 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 0.54 bp | 10.6 bp −$11 | 22.8 bp −$228 | 78.3 bp −$7,828 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HBARUSDTMlong | −0.0030% | 8h | 0.09241 | long leg | $7.4M | $7.9M | 75x | |
| Gate HBAR_USDT | −0.0021% | 8h | 0.09235 | −0.065% | $2.4M | $3.5M | 75x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09252 | +0.119% | $509K | $150K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09247 | +0.065% | $8K | — | 150x | as long as short |
| Variational Omni HBAR | +0.0052% | 8h | 0.09240 | −0.014% | $1.0M | $197K | — | as long as short |
| MEXC HBAR_USDT | +0.0063% | 8h | 0.09238 | −0.032% | $24.0M | $22.7M | 200x | as long as short |
| Binance HBARUSDT | +0.0063% | 8h | 0.09235 | −0.067% | $34.7M | $110.8M | 75x | as long as short |
| Extended HBAR-USD | +0.0064% | 1h | 0.09233 | −0.089% | $51K | $210K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0072% | 1h | 0.09244 | +0.032% | $221K | $2.2M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09244 | +0.032% | $2K | $18K | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack HBAR_USDC_PERP | +0.0078% | 1h | 0.09238 | −0.032% | $31K | $102K | 15x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09235 | −0.065% | $567K | $590K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09251 | +0.113% | $8.8M | $2.9M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09240 | −0.009% | $211K | $429K | 50x | as long as short |
| Bybit HBARUSDTshort | +0.0100% | 8h | 0.09237 | −0.043% | $33.1M | $37.0M | 75x | |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09238 | −0.032% | $6.9M | $24.8M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09241 | 0.000% | $17.0M | $14.9M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09241 | 0.000% | — | $6.6M | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09226 | −0.162% | $376K | $2.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09230 | −0.119% | $148K | $707K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09243 | +0.022% | $429 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09263 | +0.238% | $73K | $53K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09246 | +0.054% | $2.2M | $2.2M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0182% | 8h | 0.09238 | −0.032% | $1.4M | $5.6M | 90x | as long as short |
| Injective HBAR/USDC PERP | +0.0311% | 1h | 0.09211 | −0.325% | $1K | $84K | 12x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0381% | 1h | 0.09252 | +0.123% | $1.4M | $2.4M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0446% / S −0.0478% | 1h | 0.09248 | +0.071% | $104K | — | 100x | as long as short |
| dYdX HBAR-USD | +0.3595% | 1h | 0.09240 | −0.011% | $30K | $4K | 5x | as long as short |
KuCoin HBARUSDTM
Bybit HBARUSDT
Gate HBAR_USDT
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Variational Omni HBAR
MEXC HBAR_USDT
Binance HBARUSDT
Extended HBAR-USD
Coinbase International HBAR-PERP-INTX
Backpack HBAR_USDC_PERP
Lighter HBAR
Hyperliquid HBAR
Aster 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
Injective HBAR/USDC PERP
Kraken Futures PF_HBARUSD
GMX HBAR/USD [WBTC.b-USDC]