Funding you earn now, next payment 06:00 UTC−0.0024%/8h= −2.6% APRnext payment −$0.03 per $10,000 · paid last 24h +0.009%
Price spread now: Coinbase International against Extended+0.147%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$410.408% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 4 days (all we have)−0.150%−$15 · spread now +0.147%, 7d avg +0.054%
=Together, before fees−0.140%+ Points / potential airdropExtended: Active · farm board−$14 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Coinbase International is 0.094% dearer against Extended than usual: you sell high and buy low (spread +0.147% now, against its 7-day average of +0.054%): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 13 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended HBAR-USD | 0.09300 | 0.0104 | pay 0.0013% / 1h | 1m 11s | $53K | $233K | 10x |
| Short | Coinbase International HBAR-PERP-INTX | 0.09314 | 0.0080 | get 0.0010% / 1h | 1m 11s | $206K | $2.3M | 50x |
Extended HBAR-USD
Coinbase International HBAR-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Extended. 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
- −$5.04
- Price spread: +0.147% → +0.054%
- $9.38
- Slippage, 4 orders
- −$25.82
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$36.48
- Costs to cover
- 0.408%
- Break-even
- never at this rate
Slippage from Extended: live order book, 41 min ago; Coinbase International: live order book, 3 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 Extended live order book, 41 min ago | 0.86 bp | 8.4 bp −$8 | 96.6 bp −$966 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 3 min ago | 2.14 bp | 13.7 bp −$14 | 17.9 bp −$179 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_HBARUSD | −0.0266% | 1h | 0.09309 | +0.095% | $1.3M | $2.9M | 50x | as long as short |
| Backpack HBAR_USDC_PERP | −0.0206% | 1h | 0.09319 | +0.201% | $35K | $201K | 15x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09320 | +0.208% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09310 | +0.104% | $513K | $178K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0011% | 1h | 0.09309 | +0.099% | $9K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | −0.197% | $1K | $103K | 12x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0078% | 8h | 0.09303 | +0.029% | $4K | $10K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTXshort | +0.0080% | 1h | 0.09314 | +0.147% | $206K | $2.3M | 50x | |
| Lighter HBAR | +0.0096% | 1h | 0.09306 | +0.061% | $560K | $600K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09315 | +0.154% | $8.7M | $3.7M | 5x | as long as short |
Kraken Futures PF_HBARUSD
Backpack HBAR_USDC_PERP
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Orderly PERP_HBAR_USDC
Lighter HBAR
Hyperliquid HBARShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HBARUSDT | +0.0100% | 8h | 0.09308 | +0.080% | $200K | $329K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09305 | +0.051% | $34.2M | $111.4M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09308 | +0.083% | $31.8M | $35.8M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09306 | +0.061% | $6.6M | $24.9M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09306 | +0.061% | $2.4M | $2.7M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09305 | +0.051% | $25.8M | $20.2M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09307 | +0.072% | $7.3M | $7.5M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09306 | +0.061% | $17.2M | $15.9M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09305 | +0.051% | — | $6.7M | — | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09336 | +0.382% | $1.0M | $181K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09320 | +0.212% | $379K | $3.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09337 | +0.395% | $152K | $703K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09305 | +0.051% | $432 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09317 | +0.180% | $71K | $70K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09306 | +0.061% | $2.2M | $2.1M | 50x | as long as short |
| Extended HBAR-USDlong | +0.0104% | 1h | 0.09300 | long leg | $53K | $233K | 10x | |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09304 | +0.040% | $1.5M | $5.7M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0360% / S −0.0261% | 1h | 0.09307 | +0.070% | $84K | — | 100x | as long as short |
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
MEXC HBAR_USDT
KuCoin HBARUSDTM
Bitget HBARUSDT
BingX HBAR-USDC
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]