Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Phemex−0.315%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$640.636% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.416%+$42 · spread now −0.315%, 7d avg −0.009%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.306% cheaper against Phemex than usual: you would sell low and buy high, −$31 on $10k if it goes back to its 7-day average of −0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex HBARUSDT | 0.09210 | 0.0100 | pay 0.0100% / 8h | 5h 41m | $2.1M | $2.2M | 50x |
| Short | Bitget HBARUSDT | 0.09181 | 0.0100 | get 0.0100% / 8h | 5h 41m | $16.9M | $14.8M | 75x |
Phemex HBARUSDT
Bitget HBARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Phemex. 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: −0.315% → −0.009%
- −$30.62
- Slippage, 4 orders
- −$39.61
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$94.23
- Costs to cover
- 0.636%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 1 min ago; Bitget: 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 Phemex live order book, 1 min ago | 2.17 bp | 20.2 bp −$20 | 34.2 bp −$342 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 0.54 bp | 11.3 bp −$11 | 23.1 bp −$231 | 80.3 bp −$8,025 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HBARUSDTM | −0.0036% | 8h | 0.09196 | −0.152% | $7.1M | $7.3M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09215 | +0.057% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09210 | −0.003% | $8K | — | 150x | as long as short |
| Gate HBAR_USDT | +0.0039% | 8h | 0.09180 | −0.326% | $2.4M | $2.8M | 75x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09210 | 0.000% | $232K | $2.1M | 50x | as long as short |
| Variational Omni HBAR | +0.0066% | 8h | 0.09152 | −0.631% | $1.0M | $187K | — | as long as short |
| Orderly PERP_HBAR_USDC | +0.0079% | 8h | 0.09205 | −0.054% | $2K | $17K | 10x | as long as short |
| Injective HBAR/USDC PERP | +0.0090% | 1h | 0.09282 | +0.782% | $1K | $106K | 12x | as long as short |
| MEXC HBAR_USDT | +0.0095% | 8h | 0.09184 | −0.282% | $26.0M | $19.6M | 200x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09204 | −0.065% | $560K | $591K | 5x | as long as short |
KuCoin HBARUSDTM
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Gate HBAR_USDT
Coinbase International HBAR-PERP-INTX
Variational Omni HBAR
Orderly PERP_HBAR_USDC
Injective HBAR/USDC PERP
MEXC HBAR_USDT
Lighter HBARShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended HBAR-USD | +0.0096% | 1h | 0.09184 | −0.280% | $51K | $277K | 10x | as long as short |
| Binance HBARUSDT | +0.0096% | 8h | 0.09176 | −0.369% | $33.8M | $104.1M | 75x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09212 | +0.016% | $8.7M | $2.7M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09204 | −0.065% | $210K | $322K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09176 | −0.369% | $32.5M | $34.0M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09176 | −0.369% | $6.7M | $24.2M | 50x | as long as short |
| Bitget HBARUSDTshort | +0.0100% | 8h | 0.09181 | −0.315% | $16.9M | $14.8M | 75x | |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09181 | −0.315% | — | $6.1M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09201 | −0.098% | $66K | $144K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09146 | −0.693% | $375K | $2.3M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09168 | −0.456% | $146K | $713K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09209 | −0.011% | $427 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09226 | +0.174% | $70K | $67K | 20x | as long as short |
| Phemex HBARUSDTlong | +0.0100% | 8h | 0.09210 | long leg | $2.1M | $2.2M | 50x | |
| Deribit HBAR_USDC-PERPETUAL | +0.0184% | 1h | 0.09214 | +0.043% | $507K | $152K | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0205% | 1h | 0.09215 | +0.054% | $1.4M | $2.5M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0215% | 8h | 0.09207 | −0.033% | $1.5M | $5.4M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0346% / S −0.0242% | 1h | 0.09209 | −0.015% | $79K | — | 100x | as long as short |
Extended HBAR-USD
Binance HBARUSDT
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
BingX HBAR-USDT
Backpack HBAR_USDC_PERP
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Deribit HBAR_USDC-PERPETUAL
Kraken Futures PF_HBARUSD
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]