Funding you earn now, next payment 22:00 UTC−0.0044%/8h= −4.8% APRpaid last 24h −0.031%
Price spread now: Extended against Phemex+0.085%7-day average −0.044% · 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−$46as in the Price arb table
costs, in and out, $10k−$590.588% of the position
Funding, last 7 days−0.072%−$7 on $10k
+Price spread, last 3 days (all we have)−0.072%−$7 · spread now +0.085%, 7d avg −0.044%
=Together, before fees−0.144%+ Points / potential airdropExtended: Active · farm board−$14 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.129% dearer against Phemex than usual: you sell high and buy low (spread +0.085% now, against its 7-day average of −0.044%): +$13 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex HBARUSDT | 0.09226 | 0.0100 | pay 0.0100% / 8h | 2h 26m | $2.2M | $2.2M | 50x |
| Short | Extended HBAR-USD | 0.09234 | 0.0056 | get 0.0007% / 1h | 26m 57s | $51K | $210K | 10x |
Phemex HBARUSDT
Extended HBAR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$9.24
- Price spread: +0.085% → −0.044%
- $12.93
- Slippage, 4 orders
- −$41.79
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$55.1
- Costs to cover
- 0.588%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 1 min ago; Extended: live order book, 59 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 | 2.71 bp | 21.4 bp −$21 | 35.3 bp −$353 | doesn't fit | doesn't fit |
| Sell Extended live order book, 59 min ago | 1.85 bp | 9.6 bp −$10 | 87.2 bp −$872 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HBARUSDTM | −0.0035% | 8h | 0.09224 | −0.022% | $7.3M | $7.9M | 75x | as long as short |
| Gate HBAR_USDT | −0.0027% | 8h | 0.09230 | +0.043% | $2.4M | $3.5M | 75x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09234 | +0.087% | $508K | $150K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09229 | +0.033% | $8K | — | 150x | as long as short |
| Variational Omni HBAR | +0.0050% | 8h | 0.09187 | −0.422% | $1.0M | $197K | — | as long as short |
| Extended HBAR-USDshort | +0.0056% | 1h | 0.09234 | +0.085% | $51K | $210K | 10x | |
| MEXC HBAR_USDT | +0.0057% | 8h | 0.09232 | +0.065% | $24.1M | $22.7M | 200x | as long as short |
| Binance HBARUSDT | +0.0059% | 8h | 0.09235 | +0.098% | $34.8M | $110.7M | 75x | as long as short |
| Backpack HBAR_USDC_PERP | +0.0065% | 1h | 0.09236 | +0.108% | $31K | $102K | 15x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0072% | 1h | 0.09200 | −0.282% | $220K | $2.2M | 50x | as long as short |
KuCoin HBARUSDTM
Gate HBAR_USDT
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Variational Omni HBAR
MEXC HBAR_USDT
Binance HBARUSDT
Backpack HBAR_USDC_PERP
Coinbase International HBAR-PERP-INTXShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09227 | +0.011% | $2K | $18K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09227 | +0.011% | $567K | $590K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09249 | +0.246% | $8.8M | $2.9M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09229 | +0.029% | $211K | $429K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09233 | +0.076% | $33.0M | $37.0M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09232 | +0.065% | $6.9M | $24.8M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09236 | +0.108% | $17.0M | $14.9M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09232 | +0.065% | — | $6.7M | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09190 | −0.390% | $374K | $2.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09193 | −0.358% | $147K | $706K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09227 | +0.011% | $428 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09233 | +0.076% | $73K | $53K | 20x | as long as short |
| Phemex HBARUSDTlong | +0.0100% | 8h | 0.09226 | long leg | $2.2M | $2.2M | 50x | |
| BloFin HBAR-USDT | +0.0179% | 8h | 0.09226 | 0.000% | $1.5M | $5.6M | 90x | as long as short |
| Injective HBAR/USDC PERP | +0.0311% | 1h | 0.09211 | −0.163% | $1K | $84K | 12x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0382% | 1h | 0.09236 | +0.111% | $1.4M | $2.4M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0446% / S −0.0478% | 1h | 0.09228 | +0.021% | $103K | — | 100x | as long as short |
| dYdX HBAR-USD | +0.3979% | 1h | 0.09221 | −0.058% | $30K | $4K | 5x | as long as short |
Orderly PERP_HBAR_USDC
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDC
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
BloFin HBAR-USDT
Injective HBAR/USDC PERP
Kraken Futures PF_HBARUSD
GMX HBAR/USD [WBTC.b-USDC]
dYdX HBAR-USD