Funding you earn now, next payment 08:00 UTC−0.0012%/8h= −1.3% APRpaid last 24h −0.004%
Price spread now: Coinbase International against OKX−0.011%7-day average +0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$530.535% of the position
Funding, last 7 days−0.038%−$4 on $10k
+Price spread, last 4 days (all we have)+0.061%+$6 · spread now −0.011%, 7d avg +0.047%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Coinbase International is 0.057% cheaper against OKX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.047%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX HBAR-USDT-SWAP | 0.09483 | 0.0100 | pay 0.0100% / 8h | 7h 57m | $6.7M | $25.8M | 50x |
| Short | Coinbase International HBAR-PERP-INTX | 0.09482 | 0.0088 | get 0.0011% / 1h | 57m 49s | $214K | $2.6M | 50x |
OKX HBAR-USDT-SWAP
Coinbase International HBAR-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against OKX. 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
- −$2.52
- Price spread: −0.011% → +0.047%
- −$5.74
- Slippage, 4 orders
- −$33.49
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$61.74
- Costs to cover
- 0.535%
- Break-even
- never at this rate
Slippage from OKX: live order book, 1 min ago; Coinbase International: live order book, 1 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 OKX live order book, 1 min ago | 0.53 bp | 10.0 bp −$10 | 22.7 bp −$227 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 1 min ago | 5.26 bp | 19.0 bp −$19 | 20.2 bp −$202 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex HBARUSDT | −0.1153% | 8h | 0.09476 | −0.074% | $2.2M | $2.6M | 50x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09484 | +0.006% | $31K | $11K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0008% | 1h | 0.09487 | +0.039% | $11K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | −2.120% | $1K | $96K | 12x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0083% | 8h | 0.09482 | −0.011% | $2K | $12K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTXshort | +0.0088% | 1h | 0.09482 | −0.011% | $214K | $2.6M | 50x | |
| Lighter HBAR | +0.0096% | 1h | 0.09477 | −0.063% | $569K | $600K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09490 | +0.076% | $8.8M | $3.7M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09483 | −0.001% | $204K | $331K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09479 | −0.042% | $35.4M | $113.1M | 75x | as long as short |
Phemex HBARUSDT
dYdX HBAR-USD
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 | 0.09480 | −0.032% | $32.8M | $36.6M | 75x | as long as short |
| OKX HBAR-USDT-SWAPlong | +0.0100% | 8h | 0.09483 | long leg | $6.7M | $25.8M | 50x | |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09477 | −0.063% | $2.5M | $2.7M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09478 | −0.053% | $26.3M | $20.1M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09479 | −0.042% | $7.5M | $7.5M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09481 | −0.021% | $17.4M | $16.8M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09479 | −0.042% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09480 | −0.032% | $39K | $201K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09462 | −0.219% | $1.0M | $179K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09465 | −0.192% | $384K | $3.3M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09469 | −0.148% | $154K | $698K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09478 | −0.053% | $440 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09505 | +0.232% | $73K | $74K | 20x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09473 | −0.101% | $49K | $308K | 10x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0172% | 1h | 0.09492 | +0.095% | $523K | $178K | 50x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09469 | −0.148% | $1.5M | $5.8M | 90x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0286% | 1h | 0.09490 | +0.069% | $1.3M | $3.0M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0366% / S −0.0265% | 1h | 0.09485 | +0.026% | $86K | — | 100x | as long as short |
Bybit HBARUSDT
Gate HBAR_USDT
MEXC HBAR_USDT
KuCoin HBARUSDTM
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
Extended HBAR-USD
Deribit HBAR_USDC-PERPETUAL
BloFin HBAR-USDT
Kraken Futures PF_HBARUSD
GMX HBAR/USD [WBTC.b-USDC]