Funding you earn now, next payment 01:00 UTC−0.0030%/8h= −3.3% APRpaid last 24h −0.021%
Price spread now: MEXC against SoDEX+0.043%7-day average — · you sell dearer than you buy
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—needs both histories
The price spread pays, funding is against you. MEXC is 0.043% dearer against SoDEX than usual: you sell high and buy low (spread +0.043% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX HBAR-USD | 0.09290 | 0.0100 | pay 0.0013% / 1h | 33m 02s | $431 | $6K | 5x |
| Short | MEXC HBAR_USDT | 0.09294 | 0.0070 | get 0.0070% / 8h | 7h 33m | $26.2M | $22.3M | 200x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against SoDEX. 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
- −$6.3
- Price spread: +0.043% → 0.000%
- $4.31
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$9.99
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: SoDEX: no order-book sample; MEXC: live order book, 1 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 1 min ago | 0.54 bp | 3.1 bp −$3 | 9.3 bp −$93 | 36.8 bp −$3,679 | 127.6 bp −$63.8K |
SoDEX: 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 | −0.0078% | 8h | 0.09292 | +0.022% | $7.3M | $7.8M | 75x | as long as short |
| GRVT HBAR_USDT_Perp | −0.0038% | 8h | 0.09283 | −0.075% | $378K | $2.2M | 10x | as long as short |
| ApeX Omni HBARUSDT | −0.0017% | 1h | 0.09282 | −0.086% | $149K | $717K | 50x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09292 | +0.016% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09290 | +0.002% | $8K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09267 | −0.248% | $1K | $106K | 12x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0056% | 1h | 0.09291 | +0.011% | $229K | $2.2M | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0057% | 1h | 0.09298 | +0.082% | $1.4M | $2.3M | 50x | as long as short |
| MEXC HBAR_USDTshort | +0.0070% | 8h | 0.09294 | +0.043% | $26.2M | $22.3M | 200x | |
| Binance HBARUSDT | +0.0071% | 8h | 0.09294 | +0.043% | $34.8M | $108.7M | 75x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended HBAR-USD | +0.0072% | 1h | 0.09286 | −0.046% | $52K | $323K | 10x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0073% | 1h | 0.09296 | +0.065% | $512K | $166K | 50x | as long as short |
| Variational Omni HBAR | +0.0075% | 8h | 0.09274 | −0.172% | $1.0M | $197K | — | as long as short |
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09287 | −0.032% | $2K | $17K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09289 | −0.011% | $569K | $552K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09310 | +0.221% | $8.9M | $2.8M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09294 | +0.047% | $212K | $429K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09291 | +0.011% | $33.0M | $35.9M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09293 | +0.032% | $6.8M | $25.1M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09292 | +0.022% | $2.4M | $3.4M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09294 | +0.043% | $17.3M | $14.9M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09293 | +0.032% | — | $5.9M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09297 | +0.075% | $34K | $103K | 15x | as long as short |
| SoDEX HBAR-USDlong | +0.0100% | 1h | 0.09290 | long leg | $431 | $6K | 5x | |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09327 | +0.398% | $74K | $60K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09291 | +0.011% | $2.2M | $2.1M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0191% | 8h | 0.09287 | −0.032% | $1.5M | $5.7M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0494% / S −0.0529% | 1h | 0.09289 | −0.011% | $119K | — | 100x | as long as short |
SoDEX HBAR-USD
MEXC HBAR_USDT
KuCoin HBARUSDTM
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Coinbase International HBAR-PERP-INTX
Kraken Futures PF_HBARUSD
Binance HBARUSDT
Extended HBAR-USD
Deribit HBAR_USDC-PERPETUAL
Variational Omni HBAR
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
Bitget HBARUSDT
BingX HBAR-USDT
Backpack HBAR_USDC_PERP
HTX HBAR-USDT
Phemex HBARUSDT
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]