Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.007%
Price spread now: Bitget against BloFin−0.413%65s7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as 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−$470.471% of the position
Funding, last 7 days−0.159%−$16 on $10k
+Price spread, last 4 days (all we have)+0.426%+$43 · spread now −0.413%, 7d avg −0.011%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bitget is 0.402% cheaper against BloFin than usual: you would sell low and buy high (−$40 if the spread goes back to its 7-day average of −0.011%). Swap the legs. The two prices were read 65 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 | BloFin HBAR-USDT | 0.09436 | 0.0220 | pay 0.0220% / 8h | 3h 24m | $1.5M | $5.6M | 90x |
| Short | Bitget HBARUSDT | 0.09397 | 0.0100 | get 0.0100% / 8h | 3h 24m | $17.1M | $15.5M | 75x |
BloFin HBAR-USDT
Bitget HBARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. 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: −0.413% → −0.011%
- −$40.24
- Slippage, 4 orders
- −$23.06
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$112.5
- Costs to cover
- 0.471%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 9 min ago; Bitget: 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 BloFin live order book, 9 min ago | 5.26 bp | 11.7 bp −$12 | 16.4 bp −$164 | 39.1 bp −$3,906 | doesn't fit |
| Sell Bitget live order book, 4 min ago | 1.06 bp | 11.8 bp −$12 | 20.9 bp −$209 | 49.3 bp −$4,929 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX HBAR-USD | 0.0000% | 1h | 0.09416 | −0.216% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09401 | −0.371% | $518K | $190K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0011% | 1h | 0.09399 | −0.387% | $9K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | −1.632% | $1K | $105K | 12x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0080% | 8h | 0.09395 | −0.435% | $2K | $14K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0080% | 1h | 0.09401 | −0.371% | $222K | $2.3M | 50x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09395 | −0.435% | $566K | $616K | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09401 | −0.375% | $202K | $336K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09393 | −0.451% | $34.9M | $109.9M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09394 | −0.445% | $33.2M | $35.2M | 75x | as long as short |
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Orderly PERP_HBAR_USDC
Coinbase International HBAR-PERP-INTX
Lighter HBAR
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09398 | −0.403% | $6.7M | $25.8M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09397 | −0.413% | $2.4M | $2.7M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09395 | −0.435% | $26.0M | $19.7M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09396 | −0.424% | $7.5M | $7.4M | 75x | as long as short |
| Bitget HBARUSDTshort | +0.0100% | 8h | 0.09397 | −0.413% | $17.1M | $15.5M | 75x | |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09399 | −0.392% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09395 | −0.435% | $38K | $199K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09440 | +0.040% | $1.0M | $188K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09478 | +0.450% | $386K | $2.7M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09452 | +0.170% | $154K | $712K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09393 | −0.456% | $436 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09429 | −0.074% | $71K | $68K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09396 | −0.424% | $2.2M | $2.2M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09392 | −0.463% | $50K | $273K | 10x | as long as short |
| BloFin HBAR-USDTlong | +0.0220% | 8h | 0.09436 | long leg | $1.5M | $5.6M | 90x | |
| Kraken Futures PF_HBARUSD | +0.0358% | 1h | 0.09399 | −0.396% | $1.3M | $2.9M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0593% / S −0.0614% | 1h | 0.09399 | −0.390% | $151K | — | 100x | as long as short |
| Hyperliquid HBAR | +0.0617% | 1h | 0.09413 | −0.245% | $9.5M | $3.3M | 5x | as long as short |
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
MEXC HBAR_USDT
KuCoin HBARUSDTM
BingX HBAR-USDC
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
Kraken Futures PF_HBARUSD
GMX HBAR/USD [WBTC.b-USDC]
Hyperliquid HBAR