Funding you earn now, next payment 04:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h −0.025%
Price spread now: Extended against Deribit−0.093%7-day average −0.112% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$350.352% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 4 days (all we have)+0.037%+$4 · spread now −0.093%, 7d avg −0.112%
=Together, before fees+0.039%+ Points / potential airdropExtended: Active · farm board+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.112%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit HBAR_USDC-PERPETUAL | 0.09315 | 0.0072 | pay 0.0009% / 1h | 16m 17s | $513K | $179K | 50x |
| Short | Extended HBAR-USD | 0.09306 | 0.0104 | get 0.0013% / 1h | 16m 17s | $52K | $274K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $6.72
- Price spread: −0.093% → −0.112%
- $1.89
- Slippage, 4 orders
- −$23.18
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$26.57
- Costs to cover
- 0.352%
- Break-even
- 34.7 days
Slippage from Deribit: live order book, 42 min ago; Extended: live order book, 41 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, 42 min ago | 4.88 bp | 8.4 bp −$8 | 222.4 bp −$2,224 | doesn't fit | doesn't fit |
| Sell Extended live order book, 41 min ago | 1.25 bp | 9.3 bp −$9 | 93.4 bp −$934 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX HBAR-USD | 0.0000% | 1h | 0.09308 | −0.072% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0011% | 1h | 0.09313 | −0.026% | $9K | — | 150x | as long as short |
| KuCoin HBARUSDTM | +0.0025% | 8h | 0.09312 | −0.032% | $7.2M | $7.2M | 75x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | −0.354% | $1K | $105K | 12x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09317 | +0.021% | $227K | $2.1M | 50x | as long as short |
| Gate HBAR_USDT | +0.0070% | 8h | 0.09311 | −0.043% | $2.4M | $2.8M | 75x | as long as short |
| Deribit HBAR_USDC-PERPETUALlong | +0.0072% | 1h | 0.09315 | long leg | $513K | $179K | 50x | |
| Orderly PERP_HBAR_USDC | +0.0080% | 8h | 0.09308 | −0.075% | $2K | $14K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09302 | −0.140% | $564K | $598K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09327 | +0.126% | $8.8M | $2.7M | 5x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HBARUSDT | +0.0100% | 8h | 0.09311 | −0.042% | $213K | $314K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09311 | −0.045% | $34.2M | $105.7M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09312 | −0.032% | $32.8M | $34.1M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09310 | −0.054% | $6.6M | $24.9M | 50x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09313 | −0.021% | $26.1M | $19.7M | 200x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09310 | −0.054% | $17.0M | $15.1M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09311 | −0.043% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09319 | +0.043% | $38K | $200K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09286 | −0.314% | $1.0M | $187K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09287 | −0.305% | $373K | $2.5M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09291 | −0.258% | $148K | $713K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09306 | −0.097% | $432 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09321 | +0.064% | $71K | $66K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09304 | −0.118% | $2.2M | $2.1M | 50x | as long as short |
| Extended HBAR-USDshort | +0.0104% | 1h | 0.09306 | −0.093% | $52K | $274K | 10x | |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09314 | −0.011% | $1.5M | $5.5M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0348% / S −0.0234% | 1h | 0.09312 | −0.030% | $79K | — | 100x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0389% | 1h | 0.09312 | −0.031% | $1.4M | $2.6M | 50x | as long as short |
Deribit HBAR_USDC-PERPETUAL
Extended HBAR-USD
gTrade (Gains Network) HBAR/USD
KuCoin HBARUSDTM
Injective HBAR/USDC PERP
Coinbase International HBAR-PERP-INTX
Gate HBAR_USDT
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
MEXC HBAR_USDT
Bitget HBARUSDT
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
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]
Kraken Futures PF_HBARUSD