Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.015%
Price spread now: Hyperliquid against Phemex+0.103%7-day average +0.101% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.025%+$2 on $10k
+Price spread, last 3 days (all we have)+0.001%$0 · spread now +0.103%, 7d avg +0.101%
=Together, before fees+0.026%+ Points / potential airdropHyperliquid: Season 2 · farm board+$3 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex HBARUSDT | 0.09293 | 0.0100 | pay 0.0100% / 8h | 7h 40m | $2.2M | $2.1M | 50x |
| Short | Hyperliquid HBAR | 0.09303 | 0.0100 | get 0.0013% / 1h | 40m 52s | $8.9M | $2.8M | 5x |
Phemex HBARUSDT
Hyperliquid HBARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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: +0.103% → +0.101%
- $0.22
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$20.78
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Phemex: live order book, 3 min ago; Hyperliquid: live order book, 11 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 Phemex live order book, 3 min ago | 1.62 bp | 19.6 bp −$20 | 43.5 bp −$435 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 11 min ago | 0.96 bp | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni HBARUSDT | −0.0177% | 1h | 0.09275 | −0.194% | $148K | $718K | 50x | as long as short |
| GRVT HBAR_USDT_Perp | −0.0097% | 8h | 0.09291 | −0.027% | $375K | $2.2M | 10x | as long as short |
| KuCoin HBARUSDTM | −0.0084% | 8h | 0.09286 | −0.075% | $7.3M | $7.8M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09289 | −0.048% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09287 | −0.061% | $8K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09267 | −0.280% | $1K | $106K | 12x | as long as short |
| Gate HBAR_USDT | +0.0056% | 8h | 0.09283 | −0.108% | $2.4M | $3.4M | 75x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0056% | 1h | 0.09284 | −0.097% | $228K | $2.3M | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0057% | 1h | 0.09291 | −0.025% | $1.4M | $2.3M | 50x | as long as short |
| Binance HBARUSDT | +0.0071% | 8h | 0.09281 | −0.134% | $34.7M | $109.8M | 75x | as long as short |
ApeX Omni HBARUSDT
GRVT HBAR_USDT_Perp
KuCoin HBARUSDTM
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Gate HBAR_USDT
Coinbase International HBAR-PERP-INTX
Kraken Futures PF_HBARUSD
Binance HBARUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni HBAR | +0.0071% | 8h | 0.09283 | −0.107% | $1.0M | $202K | — | as long as short |
| Extended HBAR-USD | +0.0072% | 1h | 0.09277 | −0.175% | $51K | $285K | 10x | as long as short |
| MEXC HBAR_USDT | +0.0072% | 8h | 0.09282 | −0.118% | $26.1M | $22.3M | 200x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09281 | −0.129% | $2K | $17K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09287 | −0.065% | $569K | $552K | 5x | as long as short |
| Hyperliquid HBARshort | +0.0100% | 1h | 0.09303 | +0.103% | $8.9M | $2.8M | 5x | |
| Aster HBARUSDT | +0.0100% | 8h | 0.09290 | −0.031% | $212K | $429K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09282 | −0.118% | $32.9M | $36.2M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09287 | −0.065% | $6.8M | $25.2M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09281 | −0.129% | $17.3M | $15.0M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09282 | −0.118% | — | $5.9M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09289 | −0.043% | $36K | $103K | 15x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09283 | −0.108% | $431 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09303 | +0.108% | $74K | $60K | 20x | as long as short |
| Phemex HBARUSDTlong | +0.0100% | 8h | 0.09293 | long leg | $2.2M | $2.1M | 50x | |
| BloFin HBAR-USDT | +0.0191% | 8h | 0.09282 | −0.118% | $1.5M | $5.7M | 90x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0288% | 1h | 0.09294 | +0.011% | $512K | $166K | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0493% / S −0.0529% | 1h | 0.09287 | −0.059% | $119K | — | 100x | as long as short |
Variational Omni HBAR
Extended HBAR-USD
MEXC HBAR_USDT
Orderly PERP_HBAR_USDC
Lighter HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDT
Backpack HBAR_USDC_PERP
SoDEX HBAR-USD
HTX HBAR-USDT
BloFin HBAR-USDT
Deribit HBAR_USDC-PERPETUAL
GMX HBAR/USD [WBTC.b-USDC]