Funding you earn now, next payment 03:00 UTC−0.0029%/8h= −3.2% APRpaid last 24h −0.042%
Price spread now: Variational Omni against SoDEX−0.349%7-day average — · you buy dearer than you sell
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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Variational Omni is 0.349% cheaper against SoDEX than usual: you would sell low and buy high (−$35 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX HBAR-USD | 0.09261 | 0.0100 | pay 0.0013% / 1h | 34m 08s | $430 | $5K | 5x |
| Short | Variational Omni HBAR | 0.09229 | 0.0071 | get 0.0071% / 8h | 5h 34m | $1.0M | $187K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$6.15
- Price spread: −0.349% → 0.000%
- −$34.88
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$49.02
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: SoDEX: no order-book sample; Variational Omni: RFQ quote, 5 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 Variational Omni RFQ quote, 5 min ago | 3.81 bp | doesn't fit | 20.2 bp −$202 | doesn't fit | doesn't fit |
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 | −0.0035% | 8h | 0.09267 | +0.065% | $7.2M | $7.2M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09234 | −0.295% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09259 | −0.017% | $8K | — | 150x | as long as short |
| Gate HBAR_USDT | +0.0046% | 8h | 0.09264 | +0.032% | $2.4M | $2.8M | 75x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09235 | −0.281% | $232K | $2.1M | 50x | as long as short |
| Variational Omni HBARshort | +0.0071% | 8h | 0.09229 | −0.349% | $1.0M | $187K | — | |
| Orderly PERP_HBAR_USDC | +0.0079% | 8h | 0.09260 | −0.011% | $2K | $17K | 10x | as long as short |
| Injective HBAR/USDC PERP | +0.0090% | 1h | 0.09282 | +0.227% | $1K | $106K | 12x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09263 | +0.022% | $564K | $591K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09282 | +0.225% | $8.8M | $2.7M | 5x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HBARUSDT | +0.0100% | 8h | 0.09266 | +0.050% | $211K | $318K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09268 | +0.081% | $34.1M | $104.0M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09265 | +0.043% | $32.8M | $33.9M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09270 | +0.097% | $6.7M | $24.5M | 50x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09266 | +0.054% | $26.2M | $19.6M | 200x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09271 | +0.108% | $17.1M | $14.8M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09270 | +0.097% | — | $6.1M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09271 | +0.108% | $67K | $143K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09206 | −0.590% | $374K | $2.3M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09211 | −0.540% | $147K | $713K | 50x | as long as short |
| SoDEX HBAR-USDlong | +0.0100% | 1h | 0.09261 | long leg | $430 | $5K | 5x | |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09246 | −0.162% | $70K | $67K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09266 | +0.054% | $2.2M | $2.2M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09260 | −0.011% | $52K | $277K | 10x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0204% | 1h | 0.09270 | +0.101% | $1.4M | $2.5M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09239 | −0.238% | $1.4M | $5.4M | 90x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0290% | 1h | 0.09268 | +0.076% | $510K | $152K | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0347% / S −0.0242% | 1h | 0.09260 | −0.010% | $80K | — | 100x | as long as short |
SoDEX HBAR-USD
Variational Omni HBAR
KuCoin HBARUSDTM
gTrade (Gains Network) HBAR/USD
Gate HBAR_USDT
Coinbase International HBAR-PERP-INTX
Injective HBAR/USDC PERP
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
MEXC HBAR_USDT
Bitget HBARUSDT
BingX HBAR-USDT
Backpack HBAR_USDC_PERP
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
Kraken Futures PF_HBARUSD
BloFin HBAR-USDT
Deribit HBAR_USDC-PERPETUAL
GMX HBAR/USD [WBTC.b-USDC]