Funding you earn now, next payment 10:00 UTC+0.0092%/8h= +10.1% APRpaid last 24h +0.003%
Price spread now: Coinbase International against BingX+0.054%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$540.536% of the position
Funding, last 7 days−0.043%−$4 on $10k
+Price spread, last 4 days (all we have)−0.095%−$10 · spread now +0.054%, 7d avg +0.030%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.023% dearer against BingX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX HBAR-USDC | 0.09341 | 0.0100 | pay 0.0100% / 8h | 5h 08m | — | $6.8M | — |
| Short | Coinbase International HBAR-PERP-INTX | 0.09346 | 0.0192 | get 0.0024% / 1h | 8m 03s | $225K | $3.0M | 50x |
BingX HBAR-USDC
Coinbase International HBAR-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $19.32
- Price spread: +0.054% → +0.030%
- $2.35
- Slippage, 4 orders
- −$33.63
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$31.96
- Costs to cover
- 0.536%
- Break-even
- 18.6 days
Slippage from BingX: live order book, 8 min ago; Coinbase International: live order book, 4 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, 8 min ago | 1.07 bp | 17.0 bp −$17 | 60.7 bp −$607 | 452.1 bp −$45.2K | 1009.5 bp −$504.8K |
| Sell Coinbase International live order book, 4 min ago | 3.74 bp | 9.8 bp −$10 | 16.8 bp −$168 | doesn't fit | doesn't fit |
HBAR on 28 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective HBAR/USDC PERP | −0.0072% | 1h | 0.08777 | −6.038% | $4K | $101K | 12x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0008% | 1h | 0.09347 | +0.065% | $10K | — | 150x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0071% | 1h | 0.09350 | +0.096% | $525K | $223K | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0092% | 8h | 0.09341 | 0.000% | $4K | $11K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09340 | −0.011% | $570K | $558K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09353 | +0.133% | $8.5M | $4.3M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09348 | +0.076% | $199K | $372K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09341 | 0.000% | $34.9M | $114.7M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09340 | −0.011% | $32.5M | $38.7M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09342 | +0.011% | $6.5M | $26.9M | 50x | as long as short |
Injective HBAR/USDC PERP
gTrade (Gains Network) HBAR/USD
Deribit HBAR_USDC-PERPETUAL
Orderly PERP_HBAR_USDC
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAPShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate HBAR_USDT | +0.0100% | 8h | 0.09346 | +0.054% | $2.6M | $3.9M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09340 | −0.011% | $27.2M | $20.7M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09344 | +0.032% | $6.9M | $7.3M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09342 | +0.011% | $17.6M | $19.6M | 75x | as long as short |
| BingX HBAR-USDClong | +0.0100% | 8h | 0.09341 | long leg | — | $6.8M | — | |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09342 | +0.011% | $35K | $203K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09335 | −0.063% | $1.0M | $99K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09336 | −0.052% | $379K | $3.8M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09347 | +0.064% | $151K | $702K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09340 | −0.011% | $434 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09369 | +0.300% | $71K | $69K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09339 | −0.021% | $2.4M | $3.3M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09338 | −0.032% | $50K | $306K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTXshort | +0.0192% | 1h | 0.09346 | +0.054% | $225K | $3.0M | 50x | |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09351 | +0.107% | $1.5M | $5.9M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0369% / S −0.0377% | 1h | 0.09339 | −0.020% | $77K | — | 100x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0428% | 1h | 0.09348 | +0.070% | $1.4M | $3.9M | 50x | as long as short |
| dYdX HBAR-USD | +0.0965% | 1h | 0.09352 | +0.117% | $40K | $21K | 5x | as long as short |
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
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]
Kraken Futures PF_HBARUSD
dYdX HBAR-USD