Funding you earn now, next payment 00:00 UTC+0.0097%/8h= +10.6% APRnext payment +$0.97 per $10,000 · paid last 24h −0.026%
Price spread now: MEXC against Gate−0.022%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$360.365% of the position
Funding, last 7 days−0.041%−$4 on $10k
+Price spread, last 7 days−0.028%−$3 · spread now −0.022%, 7d avg −0.007%
=The price spread sits at its 7-day average of −0.007%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate HBAR_USDT | 0.09280 | 0.0003 | pay 0.0003% / 8h | 1h 03m | $2.4M | $3.6M | 75x |
| Short | MEXC HBAR_USDT | 0.09278 | 0.0100 | get 0.0100% / 8h | 1h 03m | $25.5M | $22.9M | 200x |
Gate HBAR_USDT
MEXC HBAR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $20.37
- Price spread: −0.022% → −0.007%
- −$1.49
- Slippage, 4 orders
- −$21.49
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$17.61
- Costs to cover
- 0.365%
- Break-even
- 13.1 days
Slippage from Gate: live order book, 4 min ago; MEXC: live order book, 10 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 | 2.71 bp | 14.1 bp −$14 | 45.5 bp −$455 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 10 min ago | 0.54 bp | 3.4 bp −$3 | 5.6 bp −$56 | 33.5 bp −$3,353 | 114.4 bp −$57.2K |
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 | −0.0153% | 1h | 0.09267 | −0.140% | $1K | $112K | 12x | as long as short |
| KuCoin HBARUSDTM | −0.0025% | 8h | 0.09279 | −0.011% | $7.4M | $7.8M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09279 | −0.007% | $30K | $4K | 5x | as long as short |
| Gate HBAR_USDTlong | +0.0003% | 8h | 0.09280 | long leg | $2.4M | $3.6M | 75x | |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09282 | +0.025% | $8K | — | 150x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09279 | −0.011% | $223K | $2.2M | 50x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0073% | 1h | 0.09284 | +0.043% | $511K | $166K | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0077% | 8h | 0.09275 | −0.054% | $2K | $17K | 10x | as long as short |
| Variational Omni HBAR | +0.0083% | 8h | 0.09255 | −0.267% | $1.0M | $198K | — | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09279 | −0.011% | $569K | $591K | 5x | as long as short |
Injective HBAR/USDC PERP
KuCoin HBARUSDTM
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Coinbase International HBAR-PERP-INTX
Deribit HBAR_USDC-PERPETUAL
Orderly PERP_HBAR_USDC
Variational Omni HBAR
Lighter HBARShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid HBAR | +0.0100% | 1h | 0.09290 | +0.112% | $8.9M | $2.9M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09286 | +0.067% | $212K | $429K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09279 | −0.016% | $34.8M | $110.5M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09278 | −0.022% | $33.0M | $37.0M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09280 | 0.000% | $6.8M | $25.2M | 50x | as long as short |
| MEXC HBAR_USDTshort | +0.0100% | 8h | 0.09278 | −0.022% | $25.5M | $22.9M | 200x | |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09280 | 0.000% | $17.1M | $14.9M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09281 | +0.011% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09282 | +0.022% | $34K | $102K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09241 | −0.416% | $376K | $2.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09246 | −0.366% | $148K | $708K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09274 | −0.065% | $430 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09291 | +0.119% | $73K | $53K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09274 | −0.065% | $2.2M | $2.2M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09279 | −0.010% | $51K | $218K | 10x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0193% | 1h | 0.09283 | +0.036% | $1.4M | $2.2M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09270 | −0.108% | $1.5M | $5.5M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0448% / S −0.0478% | 1h | 0.09281 | +0.016% | $104K | — | 100x | as long as short |
Hyperliquid HBAR
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
Kraken Futures PF_HBARUSD
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]