Funding you earn now, next payment 02:00 UTC−0.0026%/8h= −2.8% APRnext payment −$0.03 per $10,000 · paid last 24h +0.475%
Price spread now: Coinbase International against Injective−1.067%64s7-day average +0.128% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.803%+$80 on $10k
+Price spread, last 3 days (all we have)+1.478%+$148 · spread now −1.067%, 7d avg +0.128%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Coinbase International is 1.195% cheaper against Injective than usual: you would sell low and buy high (−$119 if the spread goes back to its 7-day average of +0.128%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.803%, so the current rate has only just turned against you. The two prices were read 64 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 | 0.0090 | pay 0.0011% / 1h | 53m 46s | $1K | $106K | 12x |
| Short | Coinbase International HBAR-PERP-INTX | 0.09183 | 0.0064 | get 0.0008% / 1h | 53m 46s | $224K | $2.1M | 50x |
Injective HBAR/USDC PERP
Coinbase International HBAR-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$5.39
- Price spread: −1.067% → +0.128%
- −$119.47
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$134.89
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Injective: live order book, 5 min ago; Coinbase International: live order book, 5 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 live order book, 5 min ago | 32.50 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 5 min ago | 2.71 bp | 14.0 bp −$14 | 21.4 bp −$214 | doesn't fit | doesn't fit |
HBAR on 27 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni HBARUSDT | −0.0670% | 1h | 0.09177 | −1.131% | $146K | $712K | 50x | as long as short |
| KuCoin HBARUSDTM | −0.0049% | 8h | 0.09171 | −1.196% | $7.1M | $7.3M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09183 | −1.063% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09172 | −1.187% | $8K | — | 150x | as long as short |
| Lighter HBAR | +0.0048% | 1h | 0.09173 | −1.174% | $558K | $591K | 5x | as long as short |
| Gate HBAR_USDT | +0.0050% | 8h | 0.09165 | −1.261% | $2.4M | $2.8M | 75x | as long as short |
| Variational Omni HBAR | +0.0064% | 8h | 0.09219 | −0.679% | $1.0M | $187K | — | as long as short |
| Coinbase International HBAR-PERP-INTXshort | +0.0064% | 1h | 0.09183 | −1.067% | $224K | $2.1M | 50x | |
| Orderly PERP_HBAR_USDC | +0.0078% | 8h | 0.09173 | −1.174% | $2K | $17K | 10x | as long as short |
| MEXC HBAR_USDT | +0.0086% | 8h | 0.09171 | −1.196% | $25.8M | $19.5M | 200x | as long as short |
ApeX Omni HBARUSDT
KuCoin HBARUSDTM
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Lighter HBAR
Gate HBAR_USDT
Variational Omni HBAR
Orderly PERP_HBAR_USDC
MEXC HBAR_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance HBARUSDT | +0.0087% | 8h | 0.09169 | −1.217% | $33.9M | $103.9M | 75x | as long as short |
| Extended HBAR-USD | +0.0088% | 1h | 0.09168 | −1.223% | $51K | $277K | 10x | as long as short |
| Injective HBAR/USDC PERPlong | +0.0090% | 1h | 0.09282 | long leg | $1K | $106K | 12x | |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09180 | −1.102% | $8.8M | $2.6M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09174 | −1.166% | $209K | $322K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09169 | −1.217% | $32.5M | $33.9M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09170 | −1.207% | $6.7M | $24.1M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09172 | −1.185% | $17.0M | $14.8M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09169 | −1.217% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09167 | −1.239% | $32K | $120K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09181 | −1.091% | $372K | $2.3M | 10x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09178 | −1.120% | $426 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09198 | −0.905% | $70K | $66K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09170 | −1.207% | $2.1M | $2.1M | 50x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0186% | 1h | 0.09182 | −1.077% | $506K | $151K | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0206% | 1h | 0.09183 | −1.061% | $1.4M | $2.4M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0346% / S −0.0242% | 1h | 0.09170 | −1.203% | $79K | — | 100x | as long as short |
Binance HBARUSDT
Extended HBAR-USD
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
GRVT HBAR_USDT_Perp
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Deribit HBAR_USDC-PERPETUAL
Kraken Futures PF_HBARUSD
GMX HBAR/USD [WBTC.b-USDC]