Funding you earn now, next payment 05:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.403%
Price spread now: dYdX against Phemex+0.187%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. dYdX is 0.187% dearer against Phemex than usual: you sell high and buy low (spread +0.187% now, against zero (this spread has no 7-day history yet)): +$19 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex HBARUSDT | 0.09450 | 0.0100 | pay 0.0100% / 8h | 3h 52m | $2.2M | $2.1M | 50x |
| Short | dYdX HBAR-USD | 0.09468 | 0 | get 0.0000% / 1h | 52m 27s | $31K | $4K | 5x |
Phemex HBARUSDT
dYdX HBAR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$21
- Price spread: +0.187% → 0.000%
- $18.67
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$24.33
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Phemex: live order book, 1 min ago; dYdX: no order-book sample. 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 Phemex live order book, 1 min ago | 2.12 bp | 22.5 bp −$23 | 38.0 bp −$380 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX HBAR-USDshort | 0.0000% | 1h | 0.09468 | +0.187% | $31K | $4K | 5x | |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0011% | 1h | 0.09472 | +0.228% | $9K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | −1.778% | $1K | $105K | 12x | as long as short |
| KuCoin HBARUSDTM | +0.0061% | 8h | 0.09473 | +0.243% | $7.2M | $7.3M | 75x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0080% | 1h | 0.09439 | −0.116% | $227K | $2.3M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0080% | 8h | 0.09449 | −0.011% | $2K | $14K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09460 | +0.106% | $571K | $602K | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09461 | +0.116% | $216K | $324K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09474 | +0.254% | $35.1M | $108.3M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09479 | +0.307% | $33.5M | $34.9M | 75x | as long as short |
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
KuCoin HBARUSDTM
Coinbase International HBAR-PERP-INTX
Orderly PERP_HBAR_USDC
Lighter 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-SWAP | +0.0100% | 8h | 0.09478 | +0.296% | $6.7M | $25.7M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09471 | +0.222% | $2.5M | $2.7M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09475 | +0.265% | $26.4M | $19.4M | 200x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09480 | +0.317% | $17.3M | $15.2M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09471 | +0.222% | — | $6.4M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09457 | +0.074% | $39K | $201K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09437 | −0.139% | $1.0M | $187K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09414 | −0.381% | $384K | $2.6M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09445 | −0.053% | $153K | $712K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09453 | +0.032% | $439 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09458 | +0.085% | $72K | $68K | 20x | as long as short |
| Phemex HBARUSDTlong | +0.0100% | 8h | 0.09450 | long leg | $2.2M | $2.1M | 50x | |
| Extended HBAR-USD | +0.0104% | 1h | 0.09468 | +0.194% | $50K | $277K | 10x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0173% | 1h | 0.09461 | +0.116% | $521K | $190K | 50x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09447 | −0.032% | $1.5M | $5.6M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0351% / S −0.0243% | 1h | 0.09471 | +0.218% | $82K | — | 100x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0355% | 1h | 0.09460 | +0.104% | $1.4M | $2.8M | 50x | as long as short |
| Hyperliquid HBAR | +0.0706% | 1h | 0.09493 | +0.454% | $9.6M | $3.2M | 5x | as long as short |
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
MEXC HBAR_USDT
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
GMX HBAR/USD [WBTC.b-USDC]
Kraken Futures PF_HBARUSD
Hyperliquid HBAR