Funding you earn now, next payment 00:00 UTC+0.0009%/8h= +1.0% APRnext payment +$0.09 per $10,000 · paid last 24h −0.026%
Price spread now: Variational Omni against Orderly−0.191%48s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding pays, the price is against you. Variational Omni is 0.191% cheaper against Orderly than usual: you would sell low and buy high (spread −0.191% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$19 on $10k: about 2 months of funding at the current rate ($0 a day). The two prices were read 48 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 | Orderly PERP_HBAR_USDC | 0.09294 | 0.0077 | pay 0.0077% / 8h | 57m 22s | $2K | $17K | 10x |
| Short | Variational Omni HBAR | 0.09276 | 0.0086 | get 0.0086% / 8h | 57m 22s | $1.0M | $198K | — |
Orderly PERP_HBAR_USDC
Variational Omni HBARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Orderly. 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
- $1.92
- Price spread: −0.191% → 0.000%
- −$19.1
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$23.18
- Costs to cover
- 0.060%
- Break-even
- 91.4 days
Slippage unknown: Orderly: no order-book sample; Variational Omni: RFQ quote, 2 min ago. Net counts fees only.
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 Orderly no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 2 min ago | 3.77 bp | doesn't fit | 22.1 bp −$221 | doesn't fit | doesn't fit |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HBARUSDTM | −0.0029% | 8h | 0.09294 | 0.000% | $7.4M | $7.8M | 75x | as long as short |
| Gate HBAR_USDT | −0.0001% | 8h | 0.09294 | 0.000% | $2.4M | $3.6M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09303 | +0.093% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09302 | +0.086% | $512K | $166K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09301 | +0.080% | $8K | — | 150x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09295 | +0.011% | $222K | $2.2M | 50x | as long as short |
| Orderly PERP_HBAR_USDClong | +0.0077% | 8h | 0.09294 | long leg | $2K | $17K | 10x | |
| Variational Omni HBARshort | +0.0086% | 8h | 0.09276 | −0.191% | $1.0M | $198K | — | |
| Lighter HBAR | +0.0096% | 1h | 0.09294 | 0.000% | $570K | $591K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09307 | +0.141% | $8.9M | $2.9M | 5x | as long as short |
KuCoin HBARUSDTM
Gate HBAR_USDT
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Coinbase International HBAR-PERP-INTX
Lighter HBAR
Hyperliquid HBARShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HBARUSDT | +0.0100% | 8h | 0.09300 | +0.065% | $212K | $429K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09298 | +0.043% | $34.8M | $110.1M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09294 | 0.000% | $33.1M | $37.0M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09295 | +0.011% | $6.8M | $25.2M | 50x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09299 | +0.054% | $25.7M | $22.0M | 200x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09298 | +0.043% | $17.2M | $15.0M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09296 | +0.022% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09299 | +0.054% | $34K | $102K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09280 | −0.155% | $377K | $2.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09292 | −0.022% | $149K | $707K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09295 | +0.011% | $431 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09308 | +0.151% | $73K | $54K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09297 | +0.032% | $2.2M | $2.2M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09291 | −0.031% | $51K | $218K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09289 | −0.054% | $1.5M | $5.6M | 90x | as long as short |
| Injective HBAR/USDC PERP | +0.0242% | 1h | 0.09267 | −0.291% | $1K | $112K | 12x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0412% | 1h | 0.09303 | +0.098% | $1.4M | $2.2M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0449% / S −0.0478% | 1h | 0.09298 | +0.043% | $104K | — | 100x | as long as short |
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
MEXC HBAR_USDT
Bitget HBARUSDT
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
BloFin HBAR-USDT
Injective HBAR/USDC PERP
Kraken Futures PF_HBARUSD
GMX HBAR/USD [WBTC.b-USDC]