Funding you earn now, next payment 03:00 UTC+0.0013%/8h= +1.4% APRnext payment +$0.02 per $10,000 · paid last 24h −0.558%
Price spread now: Injective against Deribit+1.133%7-day average −0.181% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.789%−$79 on $10k
+Price spread, last 3 days (all we have)−1.612%−$161 · spread now +1.133%, 7d avg −0.181%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Injective is 1.315% dearer against Deribit than usual: you sell high and buy low: +$131 more if the spread goes back to its 7-day average of −0.181%. Mind the row above: over the last 7 days funding on this pair cost −0.789%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit HBAR_USDC-PERPETUAL | 0.09178 | 0.0077 | pay 0.0010% / 1h | 54m 46s | $505K | $151K | 50x |
| Short | Injective HBAR/USDC PERP | 0.09282 | 0.0090 | get 0.0011% / 1h | 54m 46s | $1K | $106K | 12x |
Deribit HBAR_USDC-PERPETUAL
Injective HBAR/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $2.66
- Price spread: +1.133% → −0.181%
- $131.46
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $127.11
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Deribit: live order book, 9 min ago; Injective: live order book, 4 min ago. 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, 9 min ago | 3.80 bp | 7.3 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective live order book, 4 min ago | 32.50 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
HBAR on 27 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni HBARUSDT | −0.0670% | 1h | 0.09177 | −0.011% | $146K | $712K | 50x | as long as short |
| KuCoin HBARUSDTM | −0.0049% | 8h | 0.09179 | +0.011% | $7.1M | $7.3M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09183 | +0.058% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09173 | −0.055% | $8K | — | 150x | as long as short |
| Lighter HBAR | +0.0048% | 1h | 0.09179 | +0.011% | $558K | $591K | 5x | as long as short |
| Gate HBAR_USDT | +0.0057% | 8h | 0.09181 | +0.033% | $2.4M | $2.8M | 75x | as long as short |
| Variational Omni HBAR | +0.0064% | 8h | 0.09219 | +0.446% | $1.0M | $187K | — | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09188 | +0.109% | $224K | $2.1M | 50x | as long as short |
| Deribit HBAR_USDC-PERPETUALlong | +0.0077% | 1h | 0.09178 | long leg | $505K | $151K | 50x | |
| Orderly PERP_HBAR_USDC | +0.0078% | 8h | 0.09169 | −0.098% | $2K | $17K | 10x | as long as short |
ApeX Omni HBARUSDT
KuCoin HBARUSDTM
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Lighter HBAR
Gate HBAR_USDT
Variational Omni HBAR
Coinbase International HBAR-PERP-INTX
Orderly PERP_HBAR_USDCShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC HBAR_USDT | +0.0086% | 8h | 0.09179 | +0.011% | $25.8M | $19.5M | 200x | as long as short |
| Binance HBARUSDT | +0.0087% | 8h | 0.09180 | +0.022% | $34.0M | $103.9M | 75x | as long as short |
| Extended HBAR-USD | +0.0088% | 1h | 0.09180 | +0.017% | $51K | $277K | 10x | as long as short |
| Injective HBAR/USDC PERPshort | +0.0090% | 1h | 0.09282 | +1.133% | $1K | $106K | 12x | |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09190 | +0.132% | $8.8M | $2.6M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09184 | +0.063% | $210K | $322K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09180 | +0.022% | $32.5M | $33.9M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09179 | +0.011% | $6.7M | $24.1M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09174 | −0.044% | $17.0M | $14.8M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09185 | +0.076% | — | $6.1M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09180 | +0.022% | $32K | $120K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09181 | +0.030% | $372K | $2.3M | 10x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09175 | −0.033% | $426 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09194 | +0.174% | $70K | $66K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09176 | −0.022% | $2.1M | $2.1M | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0206% | 1h | 0.09180 | +0.023% | $1.4M | $2.4M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0346% / S −0.0242% | 1h | 0.09173 | −0.060% | $79K | — | 100x | as long as short |
MEXC HBAR_USDT
Binance HBARUSDT
Extended HBAR-USD
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDT
Backpack HBAR_USDC_PERP
GRVT HBAR_USDT_Perp
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Kraken Futures PF_HBARUSD
GMX HBAR/USD [WBTC.b-USDC]