Funding you earn now, next payment 02:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.567%
Price spread now: Injective against Bitget+0.902%7-day average −0.104% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.869%−$87 on $10k
+Price spread, last 3 days (all we have)−1.333%−$133 · spread now +0.902%, 7d avg −0.104%
=The price spread pays, funding is against you. Injective is 1.007% dearer against Bitget than usual: you sell high and buy low (spread +0.902% now, against its 7-day average of −0.104%): +$101 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 50 days. At the pace of the last 7 days (−0.869% in total) that is about 8.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget HBARUSDT | 0.09199 | 0.0100 | pay 0.0100% / 8h | 6h 02m | $17.0M | $14.8M | 75x |
| Short | Injective HBAR/USDC PERP | 0.09282 | 0.0033 | get 0.0004% / 1h | 2m 58s | $1K | $106K | 12x |
Bitget HBARUSDT
Injective HBAR/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Bitget. 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
- −$14
- Price spread: +0.902% → −0.104%
- $100.67
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $74.65
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Bitget: live order book, 1 min ago; Injective: live order book, 61 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 Bitget live order book, 1 min ago | 0.54 bp | 10.9 bp −$11 | 22.6 bp −$226 | 62.4 bp −$6,236 | doesn't fit |
| Sell Injective live order book, 61 min ago | 76.02 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
HBAR on 27 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 | −0.0054% | 8h | 0.09206 | +0.076% | $7.1M | $7.3M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09231 | +0.350% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09212 | +0.141% | $507K | $151K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09209 | +0.106% | $8K | — | 150x | as long as short |
| Injective HBAR/USDC PERPshort | +0.0033% | 1h | 0.09282 | +0.902% | $1K | $106K | 12x | |
| Variational Omni HBAR | +0.0063% | 8h | 0.09230 | +0.336% | $1.0M | $187K | — | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09214 | +0.163% | $223K | $2.1M | 50x | as long as short |
| Gate HBAR_USDT | +0.0067% | 8h | 0.09203 | +0.043% | $2.4M | $3.0M | 75x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0069% | 1h | 0.09214 | +0.162% | $1.4M | $2.5M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0078% | 8h | 0.09209 | +0.109% | $2K | $17K | 10x | as long as short |
KuCoin HBARUSDTM
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Variational Omni HBAR
Coinbase International HBAR-PERP-INTX
Gate HBAR_USDT
Kraken Futures PF_HBARUSD
Orderly PERP_HBAR_USDCShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended HBAR-USD | +0.0080% | 1h | 0.09205 | +0.070% | $47K | $273K | 10x | as long as short |
| MEXC HBAR_USDT | +0.0081% | 8h | 0.09205 | +0.065% | $25.9M | $22.0M | 200x | as long as short |
| Binance HBARUSDT | +0.0083% | 8h | 0.09197 | −0.022% | $34.1M | $104.3M | 75x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09207 | +0.087% | $560K | $596K | 5x | as long as short |
| ApeX Omni HBARUSDT | +0.0099% | 1h | 0.09229 | +0.326% | $147K | $712K | 50x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09208 | +0.092% | $8.8M | $2.6M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09208 | +0.100% | $210K | $322K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09198 | −0.011% | $32.6M | $34.1M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09199 | 0.000% | $6.7M | $24.2M | 50x | as long as short |
| Bitget HBARUSDTlong | +0.0100% | 8h | 0.09199 | long leg | $17.0M | $14.8M | 75x | |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09200 | +0.011% | — | $6.1M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09199 | 0.000% | $32K | $120K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09213 | +0.152% | $371K | $2.3M | 10x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09210 | +0.120% | $428 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09228 | +0.315% | $70K | $66K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09207 | +0.087% | $2.1M | $2.1M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0487% / S −0.0462% | 1h | 0.09205 | +0.070% | $120K | — | 100x | as long as short |
Extended HBAR-USD
MEXC HBAR_USDT
Binance HBARUSDT
Lighter HBAR
ApeX Omni HBARUSDT
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
BingX HBAR-USDT
Backpack HBAR_USDC_PERP
GRVT HBAR_USDT_Perp
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
GMX HBAR/USD [WBTC.b-USDC]