Funding you earn now, next payment 21:00 UTC+0.0114%/8h= +12.5% APRpaid last 24h −0.023%
Price spread now: Coinbase International against Gate+0.317%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$560.562% of the position
Funding, last 7 days−0.024%−$2 on $10k
+Price spread, last 3 days (all we have)−0.405%−$41 · spread now +0.317%, 7d avg +0.019%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.298% dearer against Gate than usual: you sell high and buy low: +$30 more if the spread goes back to its 7-day average of +0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate HBAR_USDT | 0.09150 | −0.0042 | get 0.0042% / 8h | 2h 05m | $2.4M | $3.6M | 75x |
| Short | Coinbase International HBAR-PERP-INTX | 0.09179 | 0.0072 | get 0.0009% / 1h | 5m 15s | $223K | $2.2M | 50x |
Gate HBAR_USDT
Coinbase International HBAR-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Gate. 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
- $23.94
- Price spread: +0.317% → +0.019%
- $29.83
- Slippage, 4 orders
- −$31.17
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$2.4
- Costs to cover
- 0.562%
- Break-even
- 7.7 days
Slippage from Gate: live order book, 3 min ago; Coinbase International: 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 Gate live order book, 3 min ago | 3.81 bp | 14.7 bp −$15 | 46.8 bp −$468 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 4 min ago | 5.43 bp | 11.5 bp −$12 | 17.1 bp −$171 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate HBAR_USDTlong | −0.0042% | 8h | 0.09150 | long leg | $2.4M | $3.6M | 75x | |
| KuCoin HBARUSDTM | −0.0019% | 8h | 0.09159 | +0.098% | $7.3M | $7.9M | 75x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09169 | +0.208% | $505K | $151K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09167 | +0.186% | $8K | — | 150x | as long as short |
| Variational Omni HBAR | +0.0045% | 8h | 0.09171 | +0.230% | $1.0M | $197K | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0056% | 1h | 0.09158 | +0.087% | $31K | $103K | 15x | as long as short |
| MEXC HBAR_USDT | +0.0068% | 8h | 0.09153 | +0.033% | $23.9M | $22.9M | 200x | as long as short |
| Binance HBARUSDT | +0.0068% | 8h | 0.09162 | +0.129% | $34.5M | $110.6M | 75x | as long as short |
| Extended HBAR-USD | +0.0072% | 1h | 0.09160 | +0.113% | $49K | $218K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTXshort | +0.0072% | 1h | 0.09179 | +0.317% | $223K | $2.2M | 50x |
KuCoin HBARUSDTM
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Variational Omni HBAR
Backpack HBAR_USDC_PERP
MEXC HBAR_USDT
Binance HBARUSDT
Extended HBAR-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09163 | +0.142% | $2K | $16K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09162 | +0.131% | $562K | $590K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09169 | +0.203% | $8.7M | $2.9M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09169 | +0.207% | $209K | $429K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09152 | +0.022% | $32.7M | $37.0M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09153 | +0.033% | $6.8M | $24.6M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09156 | +0.066% | $16.9M | $14.8M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09155 | +0.055% | — | $6.7M | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09181 | +0.333% | $374K | $2.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09185 | +0.383% | $147K | $710K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09161 | +0.120% | $425 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09183 | +0.361% | $72K | $53K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09164 | +0.153% | $2.2M | $2.1M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0188% | 8h | 0.09164 | +0.153% | $1.4M | $5.5M | 90x | as long as short |
| Injective HBAR/USDC PERP | +0.0311% | 1h | 0.09234 | +0.918% | $2K | $112K | 12x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0385% | 1h | 0.09172 | +0.243% | $1.4M | $2.3M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0444% / S −0.0478% | 1h | 0.09166 | +0.178% | $103K | — | 100x | as long as short |
| dYdX HBAR-USD | +0.4114% | 1h | 0.09178 | +0.301% | $30K | $4K | 5x | as long as short |
Orderly PERP_HBAR_USDC
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDC
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
BloFin HBAR-USDT
Injective HBAR/USDC PERP
Kraken Futures PF_HBARUSD
GMX HBAR/USD [WBTC.b-USDC]
dYdX HBAR-USD