Funding you earn now, next payment 16:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.043%
Price spread now: KuCoin against BloFin−0.086%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$560.559% of the position
Funding, last 7 days−0.243%−$24 on $10k
+Price spread, last 4 days (all we have)+0.090%+$9 · spread now −0.086%, 7d avg +0.003%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and KuCoin is 0.089% cheaper against BloFin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.003%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin HBAR-USDT | 0.09337 | 0.0220 | pay 0.0220% / 8h | 5h 26m | $1.6M | $5.9M | 90x |
| Short | KuCoin HBARUSDTM | 0.09329 | 0.0100 | get 0.0100% / 8h | 5h 26m | $6.9M | $7.3M | 75x |
BloFin HBAR-USDT
KuCoin HBARUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.086% → +0.003%
- −$8.91
- Slippage, 4 orders
- −$31.89
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$90
- Costs to cover
- 0.559%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 5 min ago; KuCoin: 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, 5 min ago | 2.68 bp | 8.7 bp −$9 | 11.5 bp −$115 | 41.6 bp −$4,157 | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 1.07 bp | 20.9 bp −$21 | 49.2 bp −$492 | 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 | −5.998% | $4K | $101K | 12x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0008% | 1h | 0.09331 | −0.063% | $10K | — | 150x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0092% | 8h | 0.09321 | −0.171% | $2K | $9K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09334 | −0.032% | $569K | $550K | 5x | as long as short |
| Gate HBAR_USDT | +0.0099% | 8h | 0.09331 | −0.064% | $2.6M | $3.4M | 75x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09340 | +0.028% | $8.5M | $4.3M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09337 | −0.005% | $199K | $374K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09332 | −0.056% | $35.0M | $114.9M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09329 | −0.086% | $32.7M | $38.7M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09330 | −0.075% | $6.5M | $26.9M | 50x | as long as short |
Injective HBAR/USDC PERP
gTrade (Gains Network) HBAR/USD
Orderly PERP_HBAR_USDC
Lighter HBAR
Gate HBAR_USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09334 | −0.032% | $26.9M | $20.4M | 200x | as long as short |
| KuCoin HBARUSDTMshort | +0.0100% | 8h | 0.09329 | −0.086% | $6.9M | $7.3M | 75x | |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09328 | −0.096% | $17.7M | $19.5M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09332 | −0.054% | — | $6.8M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09334 | −0.032% | $36K | $203K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09342 | +0.057% | $1.0M | $100K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09346 | +0.096% | $380K | $3.8M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09346 | +0.096% | $151K | $701K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09334 | −0.032% | $433 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09349 | +0.129% | $71K | $69K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09337 | 0.000% | $2.4M | $3.3M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09333 | −0.040% | $50K | $306K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0192% | 1h | 0.09336 | −0.011% | $211K | $2.9M | 50x | as long as short |
| BloFin HBAR-USDTlong | +0.0220% | 8h | 0.09337 | long leg | $1.6M | $5.9M | 90x | |
| Deribit HBAR_USDC-PERPETUAL | +0.0286% | 1h | 0.09332 | −0.054% | $524K | $223K | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0366% / S −0.0371% | 1h | 0.09326 | −0.118% | $76K | — | 100x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0428% | 1h | 0.09342 | +0.055% | $1.4M | $3.8M | 50x | as long as short |
| dYdX HBAR-USD | +0.0998% | 1h | 0.09328 | −0.092% | $40K | $21K | 5x | as long as short |
MEXC HBAR_USDT
Bitget HBARUSDT
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
Coinbase International HBAR-PERP-INTX
Deribit HBAR_USDC-PERPETUAL
GMX HBAR/USD [WBTC.b-USDC]
Kraken Futures PF_HBARUSD
dYdX HBAR-USD