Funding you earn now, next payment 05:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.008%
Price spread now: Deribit against Aster−0.004%7-day average +0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$690.690% of the position
Funding, last 6 days (all we have)−0.022%−$2 on $10k
+Price spread, last 4 days (all we have)+0.006%+$1 · spread now −0.004%, 7d avg +0.050%
=Together, before fees−0.016%+ Points / potential airdropAster: Stage 5 · farm board−$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.054% cheaper against Aster than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.050%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster HBARUSDT | 0.09458 | 0.0100 | pay 0.0100% / 8h | 3h 28m | $203K | $336K | 50x |
| Short | Deribit HBAR_USDC-PERPETUAL | 0.09458 | 0 | get 0.0000% / 1h | 28m 23s | $521K | $190K | 50x |
Aster HBARUSDT
Deribit HBAR_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Aster. 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
- −$21
- Price spread: −0.004% → +0.050%
- −$5.37
- Slippage, 4 orders
- −$53.97
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$95.34
- Costs to cover
- 0.690%
- Break-even
- never at this rate
Slippage from Aster: live order book, 24 min ago; Deribit: live order book, 25 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 Aster live order book, 24 min ago | 12.14 bp | 33.5 bp −$33 | 146.8 bp −$1,468 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 25 min ago | 5.29 bp | 8.8 bp −$9 | 15.8 bp −$158 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX HBAR-USD | 0.0000% | 1h | 0.09462 | +0.039% | $31K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUALshort | 0.0000% | 1h | 0.09458 | −0.004% | $521K | $190K | 50x | |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0011% | 1h | 0.09454 | −0.043% | $9K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | −1.865% | $1K | $105K | 12x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0080% | 8h | 0.09452 | −0.067% | $2K | $14K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0080% | 1h | 0.09449 | −0.099% | $230K | $2.3M | 50x | as long as short |
| KuCoin HBARUSDTM | +0.0095% | 8h | 0.09455 | −0.036% | $7.6M | $7.4M | 75x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09453 | −0.057% | $570K | $616K | 5x | as long as short |
| Aster HBARUSDTlong | +0.0100% | 8h | 0.09458 | long leg | $203K | $336K | 50x | |
| Binance HBARUSDT | +0.0100% | 8h | 0.09453 | −0.057% | $35.1M | $109.5M | 75x | as long as short |
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Orderly PERP_HBAR_USDC
Coinbase International HBAR-PERP-INTX
KuCoin HBARUSDTM
Lighter HBAR
Binance HBARUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit HBARUSDT | +0.0100% | 8h | 0.09452 | −0.067% | $33.4M | $35.1M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09453 | −0.057% | $6.7M | $25.9M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09452 | −0.067% | $2.4M | $2.7M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09453 | −0.057% | $26.3M | $19.7M | 200x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09455 | −0.036% | $17.3M | $15.5M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09456 | −0.025% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09470 | +0.123% | $39K | $201K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09510 | +0.544% | $1.1M | $187K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09510 | +0.546% | $388K | $2.7M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09513 | +0.577% | $155K | $711K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09457 | −0.015% | $439 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09475 | +0.176% | $72K | $68K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09454 | −0.046% | $2.2M | $2.2M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09450 | −0.089% | $50K | $273K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09469 | +0.112% | $1.5M | $5.6M | 90x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0355% | 1h | 0.09459 | +0.009% | $1.4M | $2.9M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0564% / S −0.0568% | 1h | 0.09454 | −0.043% | $143K | — | 100x | as long as short |
| Hyperliquid HBAR | +0.0640% | 1h | 0.09471 | +0.136% | $9.5M | $3.3M | 5x | as long as short |
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
MEXC HBAR_USDT
Bitget HBARUSDT
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
Variational Omni HBAR
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
BloFin HBAR-USDT
Kraken Futures PF_HBARUSD
GMX HBAR/USD [WBTC.b-USDC]
Hyperliquid HBAR