Funding you earn now, next payment 05:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.02 per $10,000 · paid last 24h −0.010%
Price spread now: Coinbase International against ApeX Omni+0.054%7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$560.564% of the position
Funding, last 7 days−0.047%−$5 on $10k
+Price spread, last 4 days (all we have)−0.091%−$9 · spread now +0.054%, 7d avg −0.015%
=The price spread pays, funding is against you. Coinbase International is 0.069% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.054% now, against its 7-day average of −0.015%): +$7 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 19 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni HBARUSDT | 0.09283 | 0.0100 | pay 0.0013% / 1h | 6m 49s | $151K | $707K | 50x |
| Short | Coinbase International HBAR-PERP-INTX | 0.09288 | 0.0088 | get 0.0011% / 1h | 6m 49s | $215K | $2.4M | 50x |
ApeX Omni HBARUSDT
Coinbase International HBAR-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against ApeX Omni. 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
- −$2.52
- Price spread: +0.054% → −0.015%
- $6.89
- Slippage, 4 orders
- −$36.35
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$51.98
- Costs to cover
- 0.564%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 42 min ago; Coinbase International: live order book, 2 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 ApeX Omni live order book, 42 min ago | 7.05 bp | 16.4 bp −$16 | 105.5 bp −$1,055 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 2 min ago | 2.15 bp | 14.4 bp −$14 | 18.0 bp −$180 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack HBAR_USDC_PERP | −0.0409% | 1h | 0.09295 | +0.129% | $33K | $201K | 15x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09287 | +0.047% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0011% | 1h | 0.09295 | +0.125% | $9K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | −0.011% | $1K | $103K | 12x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0077% | 8h | 0.09296 | +0.140% | $4K | $16K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTXshort | +0.0088% | 1h | 0.09288 | +0.054% | $215K | $2.4M | 50x | |
| Lighter HBAR | +0.0096% | 1h | 0.09296 | +0.140% | $562K | $616K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09303 | +0.215% | $8.7M | $3.7M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09292 | +0.095% | $199K | $335K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09287 | +0.043% | $34.0M | $111.9M | 75x | as long as short |
Backpack HBAR_USDC_PERP
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Orderly PERP_HBAR_USDC
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Binance HBARUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit HBARUSDT | +0.0100% | 8h | 0.09287 | +0.043% | $32.0M | $35.9M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09287 | +0.043% | $6.6M | $25.5M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09295 | +0.129% | $2.4M | $2.8M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09286 | +0.032% | $25.2M | $19.8M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09289 | +0.065% | $7.4M | $7.5M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09289 | +0.065% | $17.3M | $16.0M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09286 | +0.032% | — | $6.7M | — | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09279 | −0.044% | $1.0M | $187K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09279 | −0.043% | $371K | $2.9M | 10x | as long as short |
| ApeX Omni HBARUSDTlong | +0.0100% | 1h | 0.09283 | long leg | $151K | $707K | 50x | |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09295 | +0.129% | $431 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09296 | +0.140% | $70K | $70K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09295 | +0.129% | $2.1M | $2.2M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09283 | +0.001% | $48K | $226K | 10x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0180% | 1h | 0.09305 | +0.237% | $512K | $177K | 50x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09290 | +0.075% | $1.4M | $5.7M | 90x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0244% | 1h | 0.09300 | +0.181% | $1.3M | $3.0M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0359% / S −0.0254% | 1h | 0.09294 | +0.124% | $82K | — | 100x | as long as short |
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
MEXC HBAR_USDT
KuCoin HBARUSDTM
Bitget HBARUSDT
BingX HBAR-USDC
Variational Omni HBAR
GRVT HBAR_USDT_Perp
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
Deribit HBAR_USDC-PERPETUAL
BloFin HBAR-USDT
Kraken Futures PF_HBARUSD
GMX HBAR/USD [WBTC.b-USDC]