Funding you earn now, next payment 00:00 UTC−0.0002%/8h= −0.2% APRnext payment −$0.02 per $10,000 · paid last 24h −0.027%
Price spread now: MEXC against Bitget−0.054%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$270.267% of the position
Funding, last 7 days−0.070%−$7 on $10k
+Price spread, last 7 days+0.032%+$3 · spread now −0.054%, 7d avg +0.005%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.059% cheaper against Bitget than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget HBARUSDT | 0.09244 | 0.0100 | pay 0.0100% / 8h | 1h 08m | $17.1M | $14.8M | 75x |
| Short | MEXC HBAR_USDT | 0.09239 | 0.0098 | get 0.0098% / 8h | 1h 08m | $25.7M | $22.8M | 200x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$0.42
- Price spread: −0.054% → +0.005%
- −$5.95
- Slippage, 4 orders
- −$14.69
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$33.06
- Costs to cover
- 0.267%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; MEXC: live order book, 5 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, 5 min ago | 0.54 bp | 10.2 bp −$10 | 20.1 bp −$201 | 50.2 bp −$5,022 | doesn't fit |
| Sell MEXC live order book, 5 min ago | 0.54 bp | 3.4 bp −$3 | 5.6 bp −$56 | 33.5 bp −$3,353 | 114.4 bp −$57.2K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective HBAR/USDC PERP | −0.0153% | 1h | 0.09267 | +0.249% | $1K | $112K | 12x | as long as short |
| KuCoin HBARUSDTM | −0.0024% | 8h | 0.09238 | −0.065% | $7.4M | $7.8M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09249 | +0.056% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09249 | +0.054% | $509K | $166K | 50x | as long as short |
| Gate HBAR_USDT | +0.0002% | 8h | 0.09244 | 0.000% | $2.4M | $3.6M | 75x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0013% | 1h | 0.09245 | +0.013% | $8K | — | 150x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09247 | +0.032% | $224K | $2.2M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0077% | 8h | 0.09242 | −0.022% | $2K | $17K | 10x | as long as short |
| Variational Omni HBAR | +0.0088% | 8h | 0.09234 | −0.105% | $1.0M | $198K | — | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09248 | +0.043% | $567K | $591K | 5x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended HBAR-USD | +0.0096% | 1h | 0.09247 | +0.029% | $51K | $218K | 10x | as long as short |
| MEXC HBAR_USDTshort | +0.0098% | 8h | 0.09239 | −0.054% | $25.7M | $22.8M | 200x | |
| Binance HBARUSDT | +0.0099% | 8h | 0.09241 | −0.031% | $34.6M | $110.5M | 75x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09247 | +0.035% | $8.8M | $2.9M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09250 | +0.063% | $211K | $429K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09235 | −0.097% | $32.9M | $37.0M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09236 | −0.087% | $6.8M | $25.1M | 50x | as long as short |
| Bitget HBARUSDTlong | +0.0100% | 8h | 0.09244 | long leg | $17.1M | $14.8M | 75x | |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09245 | +0.011% | — | $5.9M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09247 | +0.032% | $34K | $102K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09234 | −0.105% | $376K | $2.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09233 | −0.119% | $148K | $707K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09242 | −0.022% | $429 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09261 | +0.184% | $73K | $53K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09242 | −0.022% | $2.2M | $2.2M | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0194% | 1h | 0.09250 | +0.063% | $1.4M | $2.2M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0219% | 8h | 0.09240 | −0.043% | $1.4M | $5.5M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0447% / S −0.0339% | 1h | 0.09245 | +0.011% | $116K | — | 100x | as long as short |
Bitget HBARUSDT
MEXC HBAR_USDT
Injective HBAR/USDC PERP
KuCoin HBARUSDTM
Deribit HBAR_USDC-PERPETUAL
Gate HBAR_USDT
gTrade (Gains Network) HBAR/USD
Coinbase International HBAR-PERP-INTX
Variational Omni HBAR
Lighter HBAR
Extended HBAR-USD
Binance HBARUSDT
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
BingX HBAR-USDT
Backpack HBAR_USDC_PERP
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Kraken Futures PF_HBARUSD
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]