Funding you earn now, next payment 10:00 UTC−0.0062%/8h= −6.8% APRpaid last 24h −0.003%
Price spread now: Bitget against Deribit+0.062%7-day average −0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$440.441% of the position
Funding, last 7 days+0.061%+$6 on $10k
+Price spread, last 4 days (all we have)−0.037%−$4 · spread now +0.062%, 7d avg −0.078%
=The price spread pays, funding is against you. Bitget is 0.140% dearer against Deribit than usual: you sell high and buy low (spread +0.062% now, against its 7-day average of −0.078%): +$14 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 7.5 days. 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 | Deribit HBAR_USDC-PERPETUAL | 0.09715 | 0.0162 | pay 0.0020% / 1h | 59m 07s | $535K | $191K | 50x |
| Short | Bitget HBARUSDT | 0.09721 | 0.0100 | get 0.0100% / 8h | 6h 59m | $18.5M | $18.0M | 75x |
Deribit HBAR_USDC-PERPETUAL
Bitget HBARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Deribit. 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
- −$13.02
- Price spread: +0.062% → −0.078%
- $13.99
- Slippage, 4 orders
- −$25.13
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$43.17
- Costs to cover
- 0.441%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 35 min ago; Bitget: live order book, 5 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 Deribit live order book, 35 min ago | 6.26 bp | 9.8 bp −$10 | 16.4 bp −$164 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 2.05 bp | 11.1 bp −$11 | 27.1 bp −$271 | 77.3 bp −$7,728 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0008% | 1h | 0.09730 | +0.157% | $11K | — | 150x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0089% | 8h | 0.09707 | −0.082% | $1K | $11K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09713 | −0.021% | $586K | $585K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09731 | +0.167% | $9.2M | $4.0M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09712 | −0.028% | $232K | $350K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09709 | −0.065% | $37.4M | $115.0M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09714 | −0.010% | $34.4M | $37.9M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09720 | +0.051% | $6.9M | $27.7M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09714 | −0.010% | $2.5M | $2.8M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09717 | +0.021% | $27.7M | $20.0M | 200x | as long as short |
gTrade (Gains Network) HBAR/USD
Orderly PERP_HBAR_USDC
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
MEXC HBAR_USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09703 | −0.124% | $7.5M | $7.4M | 75x | as long as short |
| Bitget HBARUSDTshort | +0.0100% | 8h | 0.09721 | +0.062% | $18.5M | $18.0M | 75x | |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09717 | +0.021% | — | $6.8M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09720 | +0.051% | $38K | $199K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09695 | −0.209% | $1.1M | $171K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09713 | −0.025% | $390K | $3.5M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09721 | +0.062% | $157K | $698K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09702 | −0.134% | $450 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09727 | +0.124% | $75K | $75K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09713 | −0.021% | $2.6M | $3.3M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09701 | −0.145% | $53K | $303K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0144% | 1h | 0.09705 | −0.103% | $240K | $2.9M | 50x | as long as short |
| Deribit HBAR_USDC-PERPETUALlong | +0.0162% | 1h | 0.09715 | long leg | $535K | $191K | 50x | |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09704 | −0.113% | $1.6M | $6.0M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0375% / S −0.0376% | 1h | 0.09718 | +0.029% | $80K | — | 100x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0881% | 1h | 0.09710 | −0.051% | $1.4M | $3.4M | 50x | as long as short |
| Injective HBAR/USDC PERP | +0.1373% | 1h | 0.09716 | +0.010% | $1K | $98K | 12x | as long as short |
| dYdX HBAR-USD | +0.1731% | 1h | 0.09718 | +0.032% | $38K | $18K | 5x | as long as short |
KuCoin HBARUSDTM
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
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]
Kraken Futures PF_HBARUSD
Injective HBAR/USDC PERP
dYdX HBAR-USD