Funding you earn now, next payment 02:00 UTC+0.0324%/8h= +35.5% APRpaid last 24h +0.012%
Price spread now: Deribit against MEXC+0.076%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$200.204% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 3 days (all we have)−0.015%−$1 · spread now +0.076%, 7d avg +0.078%
=The price spread sits at its 7-day average of +0.078%, so right now this pair is about funding alone: +$10 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.014% in total (about -0.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC HBAR_USDT | 0.09252 | 0.0074 | pay 0.0074% / 8h | 6h 23m | $26.1M | $22.0M | 200x |
| Short | Deribit HBAR_USDC-PERPETUAL | 0.09259 | 0.0398 | get 0.0050% / 1h | 23m 14s | $510K | $153K | 50x |
MEXC HBAR_USDT
Deribit HBAR_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $68.04
- Price spread: +0.076% → +0.078%
- −$0.24
- Slippage, 4 orders
- −$13.36
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $47.44
- Costs to cover
- 0.204%
- Break-even
- 2.1 days
Slippage from MEXC: live order book, 6 min ago; Deribit: live order book, 46 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, 6 min ago | 0.54 bp | 1.5 bp −$1 | 6.5 bp −$65 | 34.1 bp −$3,413 | 136.0 bp −$68.0K |
| Sell Deribit live order book, 46 min ago | 4.28 bp | 7.8 bp −$8 | 15.4 bp −$154 | doesn't fit | doesn't fit |
HBAR on 27 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 | −0.0066% | 8h | 0.09249 | −0.032% | $7.2M | $7.4M | 75x | as long as short |
| ApeX Omni HBARUSDT | −0.0019% | 1h | 0.09251 | −0.011% | $148K | $712K | 50x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09239 | −0.139% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09249 | −0.036% | $8K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | +0.324% | $1K | $106K | 12x | as long as short |
| Gate HBAR_USDT | +0.0050% | 8h | 0.09249 | −0.032% | $2.4M | $3.0M | 75x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09244 | −0.086% | $219K | $2.1M | 50x | as long as short |
| Variational Omni HBAR | +0.0066% | 8h | 0.09236 | −0.173% | $1.0M | $187K | — | as long as short |
| Kraken Futures PF_HBARUSD | +0.0069% | 1h | 0.09256 | +0.041% | $1.4M | $2.4M | 50x | as long as short |
| Extended HBAR-USD | +0.0072% | 1h | 0.09247 | −0.059% | $47K | $278K | 10x | as long as short |
KuCoin HBARUSDTM
ApeX Omni HBARUSDT
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Gate HBAR_USDT
Coinbase International HBAR-PERP-INTX
Variational Omni HBAR
Kraken Futures PF_HBARUSD
Extended HBAR-USDShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC HBAR_USDTlong | +0.0074% | 8h | 0.09252 | long leg | $26.1M | $22.0M | 200x | |
| Orderly PERP_HBAR_USDC | +0.0075% | 8h | 0.09247 | −0.054% | $2K | $17K | 10x | as long as short |
| Binance HBARUSDT | +0.0075% | 8h | 0.09252 | +0.003% | $34.4M | $104.5M | 75x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09249 | −0.032% | $562K | $596K | 5x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0096% | 8h | 0.09250 | −0.022% | $380K | $2.2M | 10x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09262 | +0.108% | $8.9M | $2.7M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09243 | −0.093% | $211K | $322K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09249 | −0.032% | $32.8M | $34.6M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09249 | −0.032% | $6.7M | $24.5M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09252 | 0.000% | $17.1M | $14.9M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09249 | −0.032% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09253 | +0.011% | $32K | $120K | 15x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09252 | 0.000% | $429 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09259 | +0.076% | $71K | $66K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09250 | −0.022% | $2.1M | $2.2M | 50x | as long as short |
| Deribit HBAR_USDC-PERPETUALshort | +0.0398% | 1h | 0.09259 | +0.076% | $510K | $153K | 50x | |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0487% / S −0.0549% | 1h | 0.09250 | −0.022% | $115K | — | 100x | as long as short |
Orderly PERP_HBAR_USDC
Binance HBARUSDT
Lighter HBAR
GRVT HBAR_USDT_Perp
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
GMX HBAR/USD [WBTC.b-USDC]