Funding you earn now, next payment 21:00 UTC+0.0034%/8h= +3.7% APRpaid last 24h −0.017%
Price spread now: MEXC against Deribit+0.076%7-day average −0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$5as in the Price arb table
costs, in and out, $10k−$200.204% of the position
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 3 days (all we have)−0.051%−$5 · spread now +0.076%, 7d avg −0.079%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and MEXC is 0.155% dearer against Deribit than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.079%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit HBAR_USDC-PERPETUAL | 0.09219 | 0 | get 0.0000% / 1h | 30m 42s | $508K | $152K | 50x |
| Short | MEXC HBAR_USDT | 0.09226 | 0.0034 | get 0.0034% / 8h | 3h 30m | $22.9M | $23.3M | 200x |
Deribit HBAR_USDC-PERPETUAL
MEXC HBAR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $7.14
- Price spread: +0.076% → −0.079%
- $15.47
- Slippage, 4 orders
- −$13.4
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $2.21
- Costs to cover
- 0.204%
- Break-even
- 4.8 days
Slippage from Deribit: live order book, 18 min ago; MEXC: live order book, 4 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, 18 min ago | 4.93 bp | 8.4 bp −$8 | 15.5 bp −$155 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.54 bp | 1.4 bp −$1 | 7.1 bp −$71 | 37.3 bp −$3,729 | 141.3 bp −$70.7K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective HBAR/USDC PERP | −0.0724% | 1h | 0.09229 | +0.108% | $2K | $59K | 12x | as long as short |
| Gate HBAR_USDT | −0.0044% | 8h | 0.09228 | +0.098% | $2.4M | $3.7M | 75x | as long as short |
| Backpack HBAR_USDC_PERP | −0.0041% | 1h | 0.09220 | +0.011% | $30K | $124K | 15x | as long as short |
| Deribit HBAR_USDC-PERPETUALlong | 0.0000% | 1h | 0.09219 | long leg | $508K | $152K | 50x | |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09218 | −0.016% | $8K | — | 150x | as long as short |
| KuCoin HBARUSDTM | +0.0009% | 8h | 0.09220 | +0.011% | $7.4M | $8.2M | 75x | as long as short |
| Extended HBAR-USD | +0.0032% | 1h | 0.09227 | +0.082% | $51K | $210K | 10x | as long as short |
| MEXC HBAR_USDTshort | +0.0034% | 8h | 0.09226 | +0.076% | $22.9M | $23.3M | 200x | |
| Binance HBARUSDT | +0.0036% | 8h | 0.09228 | +0.098% | $34.7M | $111.4M | 75x | as long as short |
| Variational Omni HBAR | +0.0057% | 8h | 0.09213 | −0.069% | $1.0M | $208K | — | as long as short |
Injective HBAR/USDC PERP
Gate HBAR_USDT
Backpack HBAR_USDC_PERP
gTrade (Gains Network) HBAR/USD
KuCoin HBARUSDTM
Extended HBAR-USD
Binance HBARUSDT
Variational Omni HBARShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_HBAR_USDC | +0.0074% | 8h | 0.09212 | −0.076% | $3K | $17K | 10x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0086% | 8h | 0.09205 | −0.148% | $382K | $2.0M | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0088% | 1h | 0.09217 | −0.022% | $219K | $2.2M | 50x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09227 | +0.087% | $567K | $592K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09237 | +0.197% | $8.8M | $3.0M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09224 | +0.057% | $216K | $452K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09227 | +0.087% | $33.0M | $37.3M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09227 | +0.087% | $6.9M | $24.7M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09233 | +0.152% | $17.1M | $14.7M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09226 | +0.076% | — | $5.9M | — | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09205 | −0.152% | $147K | $699K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09213 | −0.065% | $428 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09233 | +0.152% | $73K | $53K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09217 | −0.022% | $2.2M | $2.2M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0139% | 8h | 0.09216 | −0.033% | $1.4M | $5.5M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0444% / S −0.0478% | 1h | 0.09216 | −0.030% | $103K | — | 100x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0491% | 1h | 0.09223 | +0.047% | $1.4M | $2.4M | 50x | as long as short |
| dYdX HBAR-USD | +0.4052% | 1h | 0.09230 | +0.115% | $30K | $4K | 5x | as long as short |
Orderly PERP_HBAR_USDC
GRVT HBAR_USDT_Perp
Coinbase International HBAR-PERP-INTX
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDT
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]
Kraken Futures PF_HBARUSD
dYdX HBAR-USD