Funding you earn now, next payment 00:00 UTC−0.0376%/8h= −41.2% APRpaid last 24h +0.021%
Price spread now: Gate against Coinbase International−0.011%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$610.608% of the position
Funding, last 7 days+0.024%+$2 on $10k
+Price spread, last 3 days (all we have)+0.036%+$4 · spread now −0.011%, 7d avg −0.019%
=The price spread sits at its 7-day average of −0.019%, so right now this pair is about funding alone: −$11 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.024% in total (about 1.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International HBAR-PERP-INTX | 0.09300 | 0.0056 | pay 0.0007% / 1h | 54m 46s | $222K | $2.2M | 50x |
| Short | Gate HBAR_USDT | 0.09299 | −0.0320 | pay 0.0320% / 8h | 7h 54m | $2.4M | $3.3M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$78.96
- Price spread: −0.011% → −0.019%
- $0.81
- Slippage, 4 orders
- −$35.77
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$138.92
- Costs to cover
- 0.608%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 4 min ago; Gate: live order book, 3 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, 4 min ago | 3.21 bp | 15.2 bp −$15 | 23.7 bp −$237 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 2.68 bp | 13.9 bp −$14 | 54.0 bp −$540 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate HBAR_USDTshort | −0.0320% | 8h | 0.09299 | −0.011% | $2.4M | $3.3M | 75x | |
| KuCoin HBARUSDTM | −0.0073% | 8h | 0.09294 | −0.065% | $7.4M | $7.9M | 75x | as long as short |
| GRVT HBAR_USDT_Perp | −0.0037% | 8h | 0.09349 | +0.527% | $384K | $2.2M | 10x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09310 | +0.105% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09304 | +0.047% | $8K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09267 | −0.355% | $1K | $106K | 12x | as long as short |
| Coinbase International HBAR-PERP-INTXlong | +0.0056% | 1h | 0.09300 | long leg | $222K | $2.2M | 50x | |
| Kraken Futures PF_HBARUSD | +0.0057% | 1h | 0.09302 | +0.023% | $1.4M | $2.3M | 50x | as long as short |
| Variational Omni HBAR | +0.0077% | 8h | 0.09324 | +0.261% | $1.0M | $202K | — | as long as short |
| Orderly PERP_HBAR_USDC | +0.0079% | 8h | 0.09297 | −0.032% | $2K | $17K | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance HBARUSDT | +0.0084% | 8h | 0.09296 | −0.038% | $35.0M | $109.9M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0085% | 8h | 0.09295 | −0.054% | $25.9M | $22.1M | 200x | as long as short |
| Extended HBAR-USD | +0.0088% | 1h | 0.09295 | −0.052% | $51K | $213K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09297 | −0.032% | $570K | $547K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09309 | +0.101% | $8.9M | $2.8M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09304 | +0.048% | $212K | $429K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09295 | −0.054% | $33.1M | $36.3M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09297 | −0.032% | $6.9M | $25.3M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09298 | −0.022% | $17.3M | $14.9M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09298 | −0.022% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09298 | −0.022% | $37K | $103K | 15x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09356 | +0.602% | $150K | $709K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09295 | −0.054% | $431 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09335 | +0.376% | $74K | $59K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09299 | −0.011% | $2.2M | $2.2M | 50x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0180% | 1h | 0.09306 | +0.065% | $512K | $166K | 50x | as long as short |
| BloFin HBAR-USDT | +0.0204% | 8h | 0.09297 | −0.032% | $1.5M | $5.8M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0490% / S −0.0555% | 1h | 0.09303 | +0.031% | $116K | — | 100x | as long as short |
Coinbase International HBAR-PERP-INTX
Gate HBAR_USDT
KuCoin HBARUSDTM
GRVT HBAR_USDT_Perp
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Kraken Futures PF_HBARUSD
Variational Omni HBAR
Binance HBARUSDT
MEXC HBAR_USDT
Extended HBAR-USD
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Deribit HBAR_USDC-PERPETUAL
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]