Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.028%
Price spread now: BloFin against MEXC−0.264%64s7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$2as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$250.248% of the position
Funding, last 7 days+0.225%+$23 on $10k
+Price spread, last 4 days (all we have)+0.277%+$28 · spread now −0.264%, 7d avg +0.012%
=Funding pays, the price is against you. BloFin is 0.275% cheaper against MEXC than usual: you would sell low and buy high (spread −0.264% now, against its 7-day average of +0.012%). If the spread goes back, that is −$28 on $10k: about 7.7 days of funding at the current rate (+$4 a day). The two prices were read 64 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 | MEXC HBAR_USDT | 0.09472 | 0.0100 | pay 0.0100% / 8h | 3h 52m | $26.4M | $19.4M | 200x |
| Short | BloFin HBAR-USDT | 0.09447 | 0.0220 | get 0.0220% / 8h | 3h 52m | $1.5M | $5.6M | 90x |
MEXC HBAR_USDT
BloFin HBAR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against MEXC. 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
- $25.2
- Price spread: −0.264% → +0.012%
- −$27.55
- Slippage, 4 orders
- −$12.79
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$27.13
- Costs to cover
- 0.248%
- Break-even
- 14.5 days
Slippage from MEXC: live order book, 2 min ago; BloFin: live order book, 7 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 MEXC live order book, 2 min ago | 1.06 bp | 2.1 bp −$2 | 6.8 bp −$68 | 35.1 bp −$3,514 | 129.0 bp −$64.5K |
| Sell BloFin live order book, 7 min ago | 1.59 bp | 12.5 bp −$12 | 16.6 bp −$166 | 51.4 bp −$5,140 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX HBAR-USD | 0.0000% | 1h | 0.09468 | −0.046% | $31K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0011% | 1h | 0.09472 | −0.005% | $9K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | −2.006% | $1K | $105K | 12x | as long as short |
| KuCoin HBARUSDTM | +0.0061% | 8h | 0.09469 | −0.032% | $7.2M | $7.3M | 75x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0080% | 1h | 0.09482 | +0.106% | $228K | $2.3M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0080% | 8h | 0.09468 | −0.042% | $3K | $14K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09467 | −0.053% | $572K | $602K | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09474 | +0.016% | $216K | $324K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09472 | 0.000% | $35.1M | $108.3M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09473 | +0.011% | $33.5M | $34.9M | 75x | as long as short |
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
KuCoin HBARUSDTM
Coinbase International HBAR-PERP-INTX
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 | 0.09475 | +0.032% | $6.7M | $25.7M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09470 | −0.021% | $2.5M | $2.7M | 75x | as long as short |
| MEXC HBAR_USDTlong | +0.0100% | 8h | 0.09472 | long leg | $26.4M | $19.4M | 200x | |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09475 | +0.032% | $17.3M | $15.2M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09471 | −0.011% | — | $6.4M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09475 | +0.032% | $39K | $201K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09437 | −0.371% | $1.0M | $187K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09414 | −0.612% | $384K | $2.6M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09445 | −0.285% | $153K | $712K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09470 | −0.021% | $440 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09464 | −0.084% | $72K | $68K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09467 | −0.053% | $2.2M | $2.1M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09469 | −0.035% | $50K | $277K | 10x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0172% | 1h | 0.09476 | +0.042% | $522K | $190K | 50x | as long as short |
| BloFin HBAR-USDTshort | +0.0220% | 8h | 0.09447 | −0.264% | $1.5M | $5.6M | 90x | |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0351% / S −0.0243% | 1h | 0.09471 | −0.015% | $82K | — | 100x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0355% | 1h | 0.09475 | +0.028% | $1.4M | $2.8M | 50x | as long as short |
| Hyperliquid HBAR | +0.0709% | 1h | 0.09491 | +0.202% | $9.6M | $3.2M | 5x | as long as short |
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
Bitget HBARUSDT
BingX HBAR-USDT
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
Deribit HBAR_USDC-PERPETUAL
GMX HBAR/USD [WBTC.b-USDC]
Kraken Futures PF_HBARUSD
Hyperliquid HBAR