Funding you earn now, next payment 22:00 UTC+0.0043%/8h= +4.7% APRpaid last 24h −0.009%
Price spread now: Deribit against Gate+0.197%7-day average +0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$440.438% of the position
Funding, last 7 days−0.053%−$5 on $10k
+Price spread, last 3 days (all we have)−0.190%−$19 · spread now +0.197%, 7d avg +0.070%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Deribit is 0.127% dearer against Gate than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.070%. Mind the row above: over the last 7 days funding on this pair cost −0.053%, 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 | Gate HBAR_USDT | 0.09152 | −0.0043 | get 0.0043% / 8h | 2h 03m | $2.4M | $3.6M | 75x |
| Short | Deribit HBAR_USDC-PERPETUAL | 0.09170 | 0 | get 0.0000% / 1h | 3m 47s | $505K | $151K | 50x |
Gate HBAR_USDT
Deribit HBAR_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $9.03
- Price spread: +0.197% → +0.070%
- $12.7
- Slippage, 4 orders
- −$21.75
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$22.02
- Costs to cover
- 0.438%
- Break-even
- 24.1 days
Slippage from Gate: live order book, 4 min ago; Deribit: live order book, 20 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, 4 min ago | 3.81 bp | 14.7 bp −$15 | 46.8 bp −$468 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 20 min ago | 3.24 bp | 6.7 bp −$7 | 15.3 bp −$153 | 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 | −0.0043% | 8h | 0.09152 | long leg | $2.4M | $3.6M | 75x | |
| KuCoin HBARUSDTM | −0.0020% | 8h | 0.09164 | +0.131% | $7.3M | $7.9M | 75x | as long as short |
| Deribit HBAR_USDC-PERPETUALshort | 0.0000% | 1h | 0.09170 | +0.197% | $505K | $151K | 50x | |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09160 | +0.087% | $8K | — | 150x | as long as short |
| Variational Omni HBAR | +0.0045% | 8h | 0.09171 | +0.209% | $1.0M | $197K | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0053% | 1h | 0.09164 | +0.131% | $31K | $103K | 15x | as long as short |
| MEXC HBAR_USDT | +0.0069% | 8h | 0.09170 | +0.197% | $23.9M | $22.9M | 200x | as long as short |
| Binance HBARUSDT | +0.0069% | 8h | 0.09170 | +0.201% | $34.5M | $110.6M | 75x | as long as short |
| Extended HBAR-USD | +0.0072% | 1h | 0.09161 | +0.096% | $49K | $218K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0072% | 1h | 0.09160 | +0.087% | $223K | $2.2M | 50x | as long as short |
KuCoin HBARUSDTM
gTrade (Gains Network) HBAR/USD
Variational Omni HBAR
Backpack HBAR_USDC_PERP
MEXC HBAR_USDT
Binance HBARUSDT
Extended HBAR-USD
Coinbase International HBAR-PERP-INTXShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09162 | +0.109% | $2K | $16K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09169 | +0.186% | $563K | $590K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09182 | +0.327% | $8.8M | $2.9M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09169 | +0.183% | $209K | $429K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09171 | +0.208% | $32.7M | $37.0M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09168 | +0.175% | $6.8M | $24.6M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09172 | +0.219% | $16.9M | $14.8M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09164 | +0.131% | — | $5.9M | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09181 | +0.311% | $374K | $2.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09185 | +0.361% | $147K | $710K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09164 | +0.131% | $425 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09170 | +0.197% | $72K | $53K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09161 | +0.098% | $2.2M | $2.1M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0188% | 8h | 0.09164 | +0.131% | $1.4M | $5.5M | 90x | as long as short |
| Injective HBAR/USDC PERP | +0.0311% | 1h | 0.09234 | +0.896% | $2K | $112K | 12x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0385% | 1h | 0.09171 | +0.210% | $1.4M | $2.3M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0444% / S −0.0478% | 1h | 0.09161 | +0.101% | $103K | — | 100x | as long as short |
| dYdX HBAR-USD | +0.3967% | 1h | 0.09167 | +0.167% | $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-USDT
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