Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against OKX+0.126%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$680.679% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 4 days (all we have)−0.077%−$8 · spread now +0.126%, 7d avg +0.035%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.090% dearer against OKX than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX HBAR-USDT-SWAP | 0.09549 | 0.0100 | pay 0.0100% / 8h | 7h 51m | $6.7M | $26.5M | 50x |
| Short | Phemex HBARUSDT | 0.09561 | 0.0100 | get 0.0100% / 8h | 7h 51m | $2.3M | $2.6M | 50x |
OKX HBAR-USDT-SWAP
Phemex HBARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: +0.126% → +0.035%
- $9.02
- Slippage, 4 orders
- −$45.95
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$58.92
- Costs to cover
- 0.679%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; Phemex: live order book, 2 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, 2 min ago | 0.52 bp | 12.3 bp −$12 | 25.2 bp −$252 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 2 min ago | 4.70 bp | 22.5 bp −$22 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0008% | 1h | 0.09524 | −0.257% | $11K | — | 150x | as long as short |
| dYdX HBAR-USD | +0.0011% | 1h | 0.09561 | +0.121% | $31K | $11K | 5x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | −2.796% | $1K | $96K | 12x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0084% | 8h | 0.09564 | +0.157% | $2K | $12K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0088% | 1h | 0.09588 | +0.408% | $226K | $2.6M | 50x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09569 | +0.209% | $575K | $600K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09570 | +0.225% | $8.9M | $3.8M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09553 | +0.042% | $205K | $337K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09547 | −0.021% | $35.7M | $113.6M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09551 | +0.021% | $33.1M | $37.0M | 75x | as long as short |
gTrade (Gains Network) HBAR/USD
dYdX HBAR-USD
Injective HBAR/USDC PERP
Orderly PERP_HBAR_USDC
Coinbase International HBAR-PERP-INTX
Lighter HBAR
Hyperliquid 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-SWAPlong | +0.0100% | 8h | 0.09549 | long leg | $6.7M | $26.5M | 50x | |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09560 | +0.115% | $2.5M | $2.7M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09547 | −0.021% | $26.6M | $20.2M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09546 | −0.031% | $7.6M | $7.5M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09548 | −0.010% | $17.5M | $17.0M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09550 | +0.010% | — | $7.4M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09562 | +0.136% | $39K | $200K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09504 | −0.472% | $1.1M | $179K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09502 | −0.487% | $386K | $3.3M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09506 | −0.450% | $155K | $699K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09565 | +0.168% | $444 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09589 | +0.419% | $73K | $74K | 20x | as long as short |
| Phemex HBARUSDTshort | +0.0100% | 8h | 0.09561 | +0.126% | $2.3M | $2.6M | 50x | |
| Extended HBAR-USD | +0.0104% | 1h | 0.09536 | −0.132% | $49K | $308K | 10x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0168% | 1h | 0.09573 | +0.251% | $527K | $177K | 50x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09576 | +0.283% | $1.6M | $5.9M | 90x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0283% | 1h | 0.09580 | +0.321% | $1.4M | $3.0M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0368% / S −0.0288% | 1h | 0.09573 | +0.252% | $84K | — | 100x | as long as short |
Gate HBAR_USDT
MEXC HBAR_USDT
KuCoin HBARUSDTM
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
Extended HBAR-USD
Deribit HBAR_USDC-PERPETUAL
BloFin HBAR-USDT
Kraken Futures PF_HBARUSD
GMX HBAR/USD [WBTC.b-USDC]