Funding you earn now, next payment 09:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.145%
Price spread now: BingX against Injective+2.736%72s7-day average +0.080% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.823%+$82 on $10k
+Price spread, last 4 days (all we have)−2.331%−$233 · spread now +2.736%, 7d avg +0.080%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BingX is 2.656% dearer against Injective than usual: you sell high and buy low: +$266 more if the spread goes back to its 7-day average of +0.080%. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective HBAR/USDC PERP | 0.09282 | 0.0033 | pay 0.0004% / 1h | 30m 00s | $1K | $96K | 12x |
| Short | BingX HBAR-USDC | 0.09536 | 0.0100 | get 0.0100% / 8h | 7h 30m | — | $6.8M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Injective. 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
- $14
- Price spread: +2.736% → +0.080%
- $265.64
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $269.62
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; BingX: live order book, 7 min ago. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 7 min ago | 1.04 bp | 16.2 bp −$16 | 65.7 bp −$657 | 415.6 bp −$41.6K | 1045.8 bp −$522.9K |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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_USDT | −0.0062% | 8h | 0.09531 | +2.683% | $2.5M | $2.8M | 75x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0008% | 1h | 0.09538 | +2.755% | $11K | — | 150x | as long as short |
| Injective HBAR/USDC PERPlong | +0.0033% | 1h | 0.09282 | long leg | $1K | $96K | 12x | |
| Deribit HBAR_USDC-PERPETUAL | +0.0065% | 1h | 0.09540 | +2.780% | $525K | $177K | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0087% | 8h | 0.09534 | +2.715% | $2K | $11K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0088% | 1h | 0.09539 | +2.769% | $226K | $2.7M | 50x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09538 | +2.758% | $572K | $603K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09550 | +2.885% | $8.9M | $3.8M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09543 | +2.807% | $228K | $350K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09540 | +2.780% | $36.0M | $115.0M | 75x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit HBARUSDT | +0.0100% | 8h | 0.09539 | +2.769% | $33.3M | $37.7M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09540 | +2.780% | $6.7M | $26.9M | 50x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09536 | +2.736% | $26.6M | $20.5M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09541 | +2.790% | $7.4M | $7.4M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09539 | +2.769% | $17.6M | $17.5M | 75x | as long as short |
| BingX HBAR-USDCshort | +0.0100% | 8h | 0.09536 | +2.736% | — | $6.8M | — | |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09538 | +2.758% | $34K | $202K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09558 | +2.973% | $1.1M | $179K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09591 | +3.333% | $384K | $3.3M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09577 | +3.178% | $155K | $698K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09539 | +2.769% | $443 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09551 | +2.898% | $73K | $74K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09538 | +2.758% | $2.2M | $2.6M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09530 | +2.676% | $50K | $305K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09542 | +2.801% | $1.6M | $5.9M | 90x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0284% | 1h | 0.09546 | +2.846% | $1.4M | $3.2M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0366% / S −0.0286% | 1h | 0.09537 | +2.752% | $83K | — | 100x | as long as short |
| dYdX HBAR-USD | +0.1672% | 1h | 0.09538 | +2.760% | $33K | $14K | 5x | as long as short |
Injective HBAR/USDC PERP
BingX HBAR-USDC
Gate HBAR_USDT
gTrade (Gains Network) HBAR/USD
Deribit HBAR_USDC-PERPETUAL
Coinbase International HBAR-PERP-INTX
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
MEXC HBAR_USDT
KuCoin HBARUSDTM
Bitget HBARUSDT
Backpack HBAR_USDC_PERP
Variational Omni HBAR
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
BloFin HBAR-USDT
Kraken Futures PF_HBARUSD
GMX HBAR/USD [WBTC.b-USDC]