Funding you earn now, next payment 04:00 UTC−0.0273%/8h= −29.9% APRnext payment −$0.34 per $10,000 · paid last 24h −0.026%
Price spread now: gTrade (Gains Network) against Deribit+0.197%53s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. gTrade (Gains Network) is 0.197% dearer against Deribit than usual: you sell high and buy low (spread +0.197% now, against zero (this spread has no 7-day history yet)): +$20 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 2.4 days. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit HBAR_USDC-PERPETUAL | 0.09365 | 0.0284 | pay 0.0036% / 1h | 13m 30s | $516K | $179K | 50x |
| Short | gTrade (Gains Network) HBAR/USD | 0.09383 | L +0.0007% / S −0.0011% | get 0.0001% / 1h | 13m 30s | $9K | — | 150x |
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$57.31
- Price spread: +0.197% → 0.000%
- $19.71
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$54.6
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: Deribit: live order book, 45 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.
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, 45 min ago | 4.88 bp | 8.4 bp −$8 | 222.4 bp −$2,224 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.09363 | −0.018% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USDshort | L +0.0007% / S −0.0011% | 1h | 0.09383 | +0.197% | $9K | — | 150x | |
| KuCoin HBARUSDTM | +0.0028% | 8h | 0.09379 | +0.149% | $7.2M | $7.2M | 75x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | −0.886% | $1K | $105K | 12x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09362 | −0.032% | $229K | $2.1M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0080% | 8h | 0.09381 | +0.171% | $2K | $14K | 10x | as long as short |
| Gate HBAR_USDT | +0.0081% | 8h | 0.09378 | +0.139% | $2.4M | $2.8M | 75x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09360 | −0.053% | $567K | $599K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09390 | +0.268% | $8.8M | $2.7M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09369 | +0.043% | $214K | $315K | 50x | as long as short |
dYdX HBAR-USD
KuCoin HBARUSDTM
Injective HBAR/USDC PERP
Coinbase International HBAR-PERP-INTX
Orderly PERP_HBAR_USDC
Gate HBAR_USDT
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance HBARUSDT | +0.0100% | 8h | 0.09382 | +0.182% | $34.5M | $106.5M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09377 | +0.128% | $33.0M | $34.5M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09379 | +0.149% | $6.7M | $25.3M | 50x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09377 | +0.128% | $26.4M | $19.7M | 200x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09379 | +0.149% | $17.2M | $15.2M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09381 | +0.171% | — | $6.4M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09348 | −0.182% | $38K | $200K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09310 | −0.589% | $1.0M | $187K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09338 | −0.293% | $384K | $2.6M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09341 | −0.256% | $149K | $713K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09351 | −0.149% | $434 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09363 | −0.021% | $71K | $66K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09353 | −0.128% | $2.2M | $2.1M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09359 | −0.062% | $53K | $274K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09337 | −0.299% | $1.5M | $5.5M | 90x | as long as short |
| Deribit HBAR_USDC-PERPETUALlong | +0.0284% | 1h | 0.09365 | long leg | $516K | $179K | 50x | |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0349% / S −0.0242% | 1h | 0.09382 | +0.182% | $81K | — | 100x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0387% | 1h | 0.09359 | −0.069% | $1.4M | $2.7M | 50x | as long as short |
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
MEXC HBAR_USDT
Bitget HBARUSDT
BingX HBAR-USDT
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
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]
Kraken Futures PF_HBARUSD