Funding you earn now, next payment 00:00 UTC−0.0128%/8h= −14.0% APRnext payment −$1.28 per $10,000 · paid last 24h −0.010%
Price spread now: KuCoin against Bitget−0.032%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$550.549% of the position
Funding, last 7 days−0.067%−$7 on $10k
+Price spread, last 7 days+0.030%+$3 · spread now −0.032%, 7d avg +0.012%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and KuCoin is 0.044% cheaper against Bitget than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.012%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget HBARUSDT | 0.09294 | 0.0100 | pay 0.0100% / 8h | 45m 00s | $17.2M | $15.0M | 75x |
| Short | KuCoin HBARUSDTM | 0.09291 | −0.0028 | pay 0.0028% / 8h | 45m 00s | $7.4M | $7.8M | 75x |
Bitget HBARUSDT
KuCoin HBARUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$26.88
- Price spread: −0.032% → +0.012%
- −$4.43
- Slippage, 4 orders
- −$30.91
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$86.21
- Costs to cover
- 0.549%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; KuCoin: live order book, 3 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 Bitget live order book, 4 min ago | 1.08 bp | 10.2 bp −$10 | 20.3 bp −$203 | 47.0 bp −$4,704 | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 2.69 bp | 15.2 bp −$15 | 43.9 bp −$439 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HBARUSDTMshort | −0.0028% | 8h | 0.09291 | −0.032% | $7.4M | $7.8M | 75x | |
| Gate HBAR_USDT | −0.0007% | 8h | 0.09291 | −0.032% | $2.4M | $3.6M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09309 | +0.165% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09302 | +0.086% | $512K | $166K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09300 | +0.069% | $8K | — | 150x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09297 | +0.032% | $223K | $2.2M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0081% | 8h | 0.09294 | 0.000% | $2K | $17K | 10x | as long as short |
| Variational Omni HBAR | +0.0088% | 8h | 0.09305 | +0.122% | $1.0M | $198K | — | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09294 | 0.000% | $570K | $591K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09304 | +0.112% | $8.9M | $2.8M | 5x | as long as short |
Gate HBAR_USDT
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Coinbase International HBAR-PERP-INTX
Orderly PERP_HBAR_USDC
Variational Omni HBAR
Lighter HBAR
Hyperliquid HBARShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HBARUSDT | +0.0100% | 8h | 0.09300 | +0.069% | $212K | $429K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09289 | −0.050% | $34.9M | $110.1M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09291 | −0.032% | $33.1M | $36.9M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09291 | −0.032% | $6.8M | $25.2M | 50x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09289 | −0.054% | $26.3M | $22.3M | 200x | as long as short |
| Bitget HBARUSDTlong | +0.0100% | 8h | 0.09294 | long leg | $17.2M | $15.0M | 75x | |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09291 | −0.032% | — | $6.0M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09296 | +0.022% | $34K | $102K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09297 | +0.031% | $378K | $2.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09297 | +0.032% | $149K | $708K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09294 | 0.000% | $431 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09317 | +0.247% | $73K | $54K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09293 | −0.011% | $2.2M | $2.2M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09288 | −0.063% | $51K | $218K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09297 | +0.032% | $1.5M | $5.8M | 90x | as long as short |
| Injective HBAR/USDC PERP | +0.0242% | 1h | 0.09267 | −0.291% | $1K | $112K | 12x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0412% | 1h | 0.09303 | +0.098% | $1.4M | $2.2M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0448% / S −0.0478% | 1h | 0.09298 | +0.048% | $104K | — | 100x | as long as short |
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
MEXC HBAR_USDT
BingX HBAR-USDT
Backpack HBAR_USDC_PERP
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
BloFin HBAR-USDT
Injective HBAR/USDC PERP
Kraken Futures PF_HBARUSD
GMX HBAR/USD [WBTC.b-USDC]