Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.018%
Price spread now: BloFin against BingX+0.095%51s7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$370.367% of the position
Funding, last 7 days+0.163%+$16 on $10k
+Price spread, last 4 days (all we have)−0.085%−$9 · spread now +0.095%, 7d avg +0.017%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.078% dearer against BingX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.017%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX HBAR-USDT | 0.09477 | 0.0100 | pay 0.0100% / 8h | 16m 27s | — | $7.3M | — |
| Short | BloFin HBAR-USDT | 0.09486 | 0.0220 | get 0.0220% / 8h | 16m 27s | $1.5M | $5.8M | 90x |
BingX HBAR-USDT
BloFin HBAR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- $25.2
- Price spread: +0.095% → +0.017%
- $7.76
- Slippage, 4 orders
- −$14.71
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$3.74
- Costs to cover
- 0.367%
- Break-even
- 8.0 days
Slippage from BingX: live order book, 1 min ago; BloFin: 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 BingX live order book, 1 min ago | 1.58 bp | 8.0 bp −$8 | 19.5 bp −$195 | 63.6 bp −$6,365 | 314.3 bp −$157.1K |
| Sell BloFin live order book, 2 min ago | 2.10 bp | 9.4 bp −$9 | 18.4 bp −$184 | 55.0 bp −$5,504 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_HBARUSD | −0.0144% | 1h | 0.09472 | −0.057% | $1.3M | $2.9M | 50x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09478 | +0.011% | $522K | $178K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0008% | 1h | 0.09479 | +0.018% | $11K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | −2.058% | $1K | $103K | 12x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0080% | 1h | 0.09485 | +0.084% | $214K | $2.4M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0080% | 8h | 0.09471 | −0.063% | $2K | $12K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09474 | −0.032% | $570K | $600K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09495 | +0.190% | $8.8M | $3.6M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09480 | +0.032% | $204K | $323K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09477 | −0.002% | $35.2M | $112.4M | 75x | as long as short |
Kraken Futures PF_HBARUSD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Coinbase International HBAR-PERP-INTX
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 | 0.09476 | −0.011% | $32.7M | $36.1M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09473 | −0.042% | $6.7M | $25.5M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09481 | +0.042% | $2.5M | $2.8M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09476 | −0.011% | $26.3M | $20.2M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09484 | +0.074% | $7.6M | $7.4M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09475 | −0.021% | $17.5M | $16.2M | 75x | as long as short |
| BingX HBAR-USDTlong | +0.0100% | 8h | 0.09477 | long leg | — | $7.3M | — | |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09483 | +0.063% | $36K | $199K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09429 | −0.508% | $1.0M | $178K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09500 | +0.243% | $385K | $3.2M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09497 | +0.211% | $154K | $701K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09466 | −0.116% | $439 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09496 | +0.200% | $72K | $71K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09482 | +0.053% | $2.4M | $2.4M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09468 | −0.090% | $49K | $307K | 10x | as long as short |
| BloFin HBAR-USDTshort | +0.0220% | 8h | 0.09486 | +0.095% | $1.5M | $5.8M | 90x | |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0364% / S −0.0262% | 1h | 0.09481 | +0.042% | $85K | — | 100x | as long as short |
| dYdX HBAR-USD | +0.2040% | 1h | 0.09477 | +0.001% | $31K | $9K | 5x | as long as short |
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
MEXC HBAR_USDT
KuCoin HBARUSDTM
Bitget HBARUSDT
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
GMX HBAR/USD [WBTC.b-USDC]
dYdX HBAR-USD