Funding you earn now, next payment 08:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.40 per $10,000 · paid last 24h −0.005%
Price spread now: Gate against Bybit−0.119%7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$540.540% of the position
Funding, last 7 days+0.061%+$6 on $10k
+Price spread, last 7 days+0.133%+$13 · spread now −0.119%, 7d avg +0.027%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.146% cheaper against Bybit than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.027%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.061%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit HBARUSDT | 0.09207 | 0.0100 | pay 0.0100% / 8h | 5h 56m | $32.7M | $33.9M | 75x |
| Short | Gate HBAR_USDT | 0.09196 | 0.0060 | get 0.0060% / 8h | 5h 56m | $2.4M | $2.8M | 75x |
Bybit HBARUSDT
Gate HBAR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$8.4
- Price spread: −0.119% → +0.027%
- −$14.6
- Slippage, 4 orders
- −$27.99
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$76.99
- Costs to cover
- 0.540%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; Gate: live order book, 1 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 | 10.3 bp −$10 | 18.6 bp −$186 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 2.72 bp | 16.8 bp −$17 | 57.9 bp −$579 | doesn't fit | doesn't fit |
HBAR on 27 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 HBARUSDTM | −0.0052% | 8h | 0.09197 | −0.109% | $7.1M | $7.3M | 75x | as long as short |
| Lighter HBAR | 0.0000% | 1h | 0.09171 | −0.391% | $558K | $591K | 5x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09186 | −0.233% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09184 | −0.250% | $8K | — | 150x | as long as short |
| Gate HBAR_USDTshort | +0.0060% | 8h | 0.09196 | −0.119% | $2.4M | $2.8M | 75x | |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09178 | −0.315% | $224K | $2.1M | 50x | as long as short |
| Variational Omni HBAR | +0.0065% | 8h | 0.09198 | −0.099% | $1.0M | $187K | — | as long as short |
| Orderly PERP_HBAR_USDC | +0.0078% | 8h | 0.09179 | −0.304% | $2K | $17K | 10x | as long as short |
| MEXC HBAR_USDT | +0.0085% | 8h | 0.09199 | −0.087% | $25.8M | $19.5M | 200x | as long as short |
| Binance HBARUSDT | +0.0087% | 8h | 0.09207 | 0.000% | $34.1M | $103.9M | 75x | as long as short |
KuCoin HBARUSDTM
Lighter HBAR
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Coinbase International HBAR-PERP-INTX
Variational Omni HBAR
Orderly PERP_HBAR_USDC
MEXC HBAR_USDT
Binance HBARUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended HBAR-USD | +0.0088% | 1h | 0.09190 | −0.181% | $51K | $277K | 10x | as long as short |
| Injective HBAR/USDC PERP | +0.0090% | 1h | 0.09282 | +0.815% | $1K | $106K | 12x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09218 | +0.123% | $8.8M | $2.6M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09185 | −0.240% | $210K | $322K | 50x | as long as short |
| Bybit HBARUSDTlong | +0.0100% | 8h | 0.09207 | long leg | $32.7M | $33.9M | 75x | |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09210 | +0.033% | $6.7M | $24.2M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09209 | +0.022% | $17.0M | $14.8M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09204 | −0.033% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09183 | −0.261% | $32K | $120K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09197 | −0.114% | $370K | $2.3M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09196 | −0.119% | $147K | $712K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09173 | −0.369% | $426 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09200 | −0.076% | $70K | $66K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09177 | −0.326% | $2.1M | $2.1M | 50x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0186% | 1h | 0.09180 | −0.293% | $505K | $151K | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0206% | 1h | 0.09177 | −0.331% | $1.4M | $2.5M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0486% / S −0.0462% | 1h | 0.09185 | −0.243% | $119K | — | 100x | as long as short |
Extended HBAR-USD
Injective HBAR/USDC PERP
Hyperliquid HBAR
Aster HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Deribit HBAR_USDC-PERPETUAL
Kraken Futures PF_HBARUSD
GMX HBAR/USD [WBTC.b-USDC]