Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.017%
Price spread now: BloFin against Bybit−0.054%7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$460.456% of the position
Funding, last 7 days+0.245%+$25 on $10k
+Price spread, last 4 days (all we have)+0.089%+$9 · spread now −0.054%, 7d avg +0.023%
=Funding pays, the price is against you. BloFin is 0.077% cheaper against Bybit than usual: you would sell low and buy high (spread −0.054% now, against its 7-day average of +0.023%). If the spread goes back, that is −$8 on $10k: about 2.1 days of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit HBARUSDT | 0.09263 | 0.0100 | pay 0.0100% / 8h | 1h 26m | $31.7M | $35.8M | 75x |
| Short | BloFin HBAR-USDT | 0.09258 | 0.0220 | get 0.0220% / 8h | 1h 26m | $1.5M | $5.6M | 90x |
Bybit HBARUSDT
BloFin HBAR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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: −0.054% → +0.023%
- −$7.67
- Slippage, 4 orders
- −$22.65
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$28.12
- Costs to cover
- 0.456%
- Break-even
- 14.8 days
Slippage from Bybit: live order book, 2 min ago; BloFin: live order book, 7 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 Bybit live order book, 2 min ago | 0.54 bp | 8.9 bp −$9 | 20.3 bp −$203 | 70.1 bp −$7,014 | doesn't fit |
| Sell BloFin live order book, 7 min ago | 2.15 bp | 13.3 bp −$13 | 21.5 bp −$215 | 60.1 bp −$6,012 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack HBAR_USDC_PERP | −0.0556% | 1h | 0.09262 | −0.011% | $35K | $201K | 15x | as long as short |
| Kraken Futures PF_HBARUSD | −0.0267% | 1h | 0.09261 | −0.017% | $1.3M | $3.0M | 50x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09255 | −0.090% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09262 | −0.011% | $510K | $178K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0011% | 1h | 0.09248 | −0.164% | $9K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | +0.205% | $1K | $103K | 12x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0077% | 8h | 0.09254 | −0.097% | $4K | $16K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0080% | 1h | 0.09264 | +0.011% | $211K | $2.3M | 50x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09256 | −0.076% | $558K | $600K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09269 | +0.066% | $8.6M | $3.7M | 5x | as long as short |
Backpack HBAR_USDC_PERP
Kraken Futures PF_HBARUSD
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
Hyperliquid HBARShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HBARUSDT | +0.0100% | 8h | 0.09264 | +0.011% | $199K | $329K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09260 | −0.032% | $34.1M | $111.5M | 75x | as long as short |
| Bybit HBARUSDTlong | +0.0100% | 8h | 0.09263 | long leg | $31.7M | $35.8M | 75x | |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09261 | −0.022% | $6.5M | $25.0M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09254 | −0.097% | $2.4M | $2.7M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09266 | +0.032% | $25.0M | $19.8M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09262 | −0.011% | $7.4M | $7.5M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09268 | +0.054% | $17.2M | $15.9M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09261 | −0.022% | — | $6.9M | — | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09264 | +0.009% | $1.0M | $185K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09264 | +0.006% | $371K | $3.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09257 | −0.065% | $150K | $705K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09257 | −0.065% | $430 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09267 | +0.043% | $70K | $70K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09256 | −0.076% | $2.1M | $2.1M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09259 | −0.040% | $59K | $221K | 10x | as long as short |
| BloFin HBAR-USDTshort | +0.0220% | 8h | 0.09258 | −0.054% | $1.5M | $5.6M | 90x | |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0359% / S −0.0261% | 1h | 0.09258 | −0.051% | $83K | — | 100x | as long as short |
Aster HBARUSDT
Binance HBARUSDT
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
MEXC HBAR_USDT
KuCoin HBARUSDTM
Bitget HBARUSDT
BingX HBAR-USDT
Variational Omni HBAR
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
GMX HBAR/USD [WBTC.b-USDC]