Funding you earn now, next payment 07:00 UTC−0.0020%/8h= −2.2% APRpaid last 24h +0.015%
Price spread now: Coinbase International against KuCoin0.000%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$620.625% of the position
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 4 days (all we have)−0.021%−$2 · spread now 0.000%, 7d avg +0.011%
=The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: −$1 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 | 0.09357 | 0.0100 | pay 0.0100% / 8h | 38m 16s | $7.4M | $7.4M | 75x |
| Short | Coinbase International HBAR-PERP-INTX | 0.09357 | 0.0080 | get 0.0010% / 1h | 38m 16s | $208K | $2.3M | 50x |
KuCoin HBARUSDTM
Coinbase International HBAR-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$4.2
- Price spread: 0.000% → +0.011%
- −$1.1
- Slippage, 4 orders
- −$40.47
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$67.77
- Costs to cover
- 0.625%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 10 min ago; Coinbase International: live order book, 6 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, 10 min ago | 2.67 bp | 19.5 bp −$20 | 50.7 bp −$507 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 6 min ago | 2.13 bp | 10.6 bp −$11 | 16.9 bp −$169 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_HBARUSD | −0.0145% | 1h | 0.09359 | +0.020% | $1.3M | $3.0M | 50x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09360 | +0.032% | $515K | $178K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0008% | 1h | 0.09357 | −0.005% | $10K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | −0.802% | $1K | $103K | 12x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0079% | 8h | 0.09353 | −0.043% | $2K | $12K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTXshort | +0.0080% | 1h | 0.09357 | 0.000% | $208K | $2.3M | 50x | |
| Lighter HBAR | +0.0096% | 1h | 0.09354 | −0.032% | $563K | $598K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09361 | +0.038% | $8.7M | $3.6M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09358 | +0.011% | $201K | $324K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09352 | −0.053% | $34.5M | $111.3M | 75x | as long as short |
Kraken Futures PF_HBARUSD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Orderly PERP_HBAR_USDC
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Binance HBARUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit HBARUSDT | +0.0100% | 8h | 0.09355 | −0.021% | $32.0M | $35.5M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09353 | −0.043% | $6.6M | $25.0M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09351 | −0.064% | $2.4M | $2.7M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09354 | −0.032% | $25.9M | $20.0M | 200x | as long as short |
| KuCoin HBARUSDTMlong | +0.0100% | 8h | 0.09357 | long leg | $7.4M | $7.4M | 75x | |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09355 | −0.021% | $17.3M | $15.9M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09352 | −0.053% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09354 | −0.032% | $37K | $198K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09385 | +0.296% | $1.0M | $178K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09386 | +0.310% | $381K | $3.2M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09388 | +0.331% | $153K | $701K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09354 | −0.032% | $434 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09385 | +0.299% | $71K | $70K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09357 | 0.000% | $2.3M | $2.2M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09350 | −0.070% | $48K | $307K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09360 | +0.032% | $1.5M | $5.7M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0360% / S −0.0259% | 1h | 0.09356 | −0.010% | $84K | — | 100x | as long as short |
| dYdX HBAR-USD | +0.1291% | 1h | 0.09372 | +0.161% | $30K | $8K | 5x | as long as short |
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
MEXC HBAR_USDT
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
GMX HBAR/USD [WBTC.b-USDC]
dYdX HBAR-USD