Funding you earn now, next payment 02:00 UTC+0.0036%/8h= +3.9% APRpaid last 24h +0.008%
Price spread now: BingX against Coinbase International−0.087%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$620.620% of the position
Funding, last 7 days+0.048%+$5 on $10k
+Price spread, last 3 days (all we have)+0.081%+$8 · spread now −0.087%, 7d avg −0.033%
=Funding pays, the price is against you. BingX is 0.054% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.087% now, against its 7-day average of −0.033%). If the spread goes back, that is −$5 on $10k: about 5.0 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International HBAR-PERP-INTX | 0.09196 | 0.0064 | pay 0.0008% / 1h | 6m 51s | $233K | $2.1M | 50x |
| Short | BingX HBAR-USDC | 0.09188 | 0.0100 | get 0.0100% / 8h | 5h 06m | — | $6.7M | — |
Coinbase International HBAR-PERP-INTX
BingX HBAR-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Coinbase International. 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
- $7.56
- Price spread: −0.087% → −0.033%
- −$5.43
- Slippage, 4 orders
- −$41.98
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$59.85
- Costs to cover
- 0.620%
- Break-even
- 62.4 days
Slippage from Coinbase International: live order book, 2 min ago; BingX: live order book, 11 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 Coinbase International live order book, 2 min ago | 3.26 bp | 13.4 bp −$13 | 19.5 bp −$195 | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 1.08 bp | 20.4 bp −$20 | 72.2 bp −$722 | 711.1 bp −$71.1K | 1223.0 bp −$611.5K |
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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HBARUSDTM | −0.0003% | 8h | 0.09187 | −0.098% | $7.1M | $7.2M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09199 | +0.035% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09197 | +0.008% | $8K | — | 150x | as long as short |
| Gate HBAR_USDT | +0.0035% | 8h | 0.09185 | −0.120% | $2.4M | $2.8M | 75x | as long as short |
| Coinbase International HBAR-PERP-INTXlong | +0.0064% | 1h | 0.09196 | long leg | $233K | $2.1M | 50x | |
| Deribit HBAR_USDC-PERPETUAL | +0.0076% | 1h | 0.09199 | +0.033% | $507K | $152K | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0080% | 8h | 0.09192 | −0.043% | $2K | $14K | 10x | as long as short |
| Variational Omni HBAR | +0.0081% | 8h | 0.09234 | +0.410% | $1.0M | $187K | — | as long as short |
| Injective HBAR/USDC PERP | +0.0090% | 1h | 0.09282 | +0.935% | $1K | $106K | 12x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09185 | −0.120% | $558K | $592K | 5x | as long as short |
KuCoin HBARUSDTM
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Gate HBAR_USDT
Deribit HBAR_USDC-PERPETUAL
Orderly PERP_HBAR_USDC
Variational Omni HBAR
Injective HBAR/USDC PERP
Lighter HBARShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid HBAR | +0.0100% | 1h | 0.09201 | +0.052% | $8.7M | $2.7M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09196 | +0.004% | $210K | $318K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09185 | −0.120% | $33.9M | $104.3M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09185 | −0.120% | $32.5M | $33.8M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09187 | −0.098% | $6.6M | $24.3M | 50x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09190 | −0.065% | $25.8M | $19.6M | 200x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09186 | −0.109% | $16.9M | $14.8M | 75x | as long as short |
| BingX HBAR-USDCshort | +0.0100% | 8h | 0.09188 | −0.087% | — | $6.7M | — | |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09193 | −0.033% | $42K | $165K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09220 | +0.261% | $374K | $2.4M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09224 | +0.304% | $147K | $713K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09190 | −0.065% | $427 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09211 | +0.163% | $70K | $66K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09193 | −0.033% | $2.1M | $2.1M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09185 | −0.121% | $47K | $277K | 10x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0206% | 1h | 0.09197 | +0.015% | $1.4M | $2.5M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09193 | −0.033% | $1.4M | $5.4M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0346% / S −0.0242% | 1h | 0.09195 | −0.012% | $79K | — | 100x | as long as short |
Hyperliquid HBAR
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
MEXC HBAR_USDT
Bitget HBARUSDT
Backpack HBAR_USDC_PERP
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
Kraken Futures PF_HBARUSD
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]