Funding you earn now, next payment 23:00 UTC+0.0233%/8h= +25.5% APRpaid last 24h +0.566%
Price spread now: MEXC against Injective+0.205%55s7-day average +0.098% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.844%+$84 on $10k
+Price spread, last 3 days (all we have)+0.278%+$28 · spread now +0.205%, 7d avg +0.098%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and MEXC is 0.107% dearer against Injective than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.098%. The two prices were read 55 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 | 0.09267 | −0.0153 | get 0.0019% / 1h | 46m 24s | $1K | $112K | 12x |
| Short | MEXC HBAR_USDT | 0.09286 | 0.0080 | get 0.0080% / 8h | 1h 46m | $25.6M | $22.3M | 200x |
Injective HBAR/USDC PERP
MEXC HBAR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $48.95
- Price spread: +0.205% → +0.098%
- $10.75
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $59.68
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Injective: live order book, 33 min ago; MEXC: live order book, 2 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, 33 min ago | 20.50 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 0.54 bp | 2.3 bp −$2 | 13.2 bp −$132 | 43.4 bp −$4,339 | 138.1 bp −$69.0K |
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 PERPlong | −0.0153% | 1h | 0.09267 | long leg | $1K | $112K | 12x | |
| Gate HBAR_USDT | −0.0027% | 8h | 0.09288 | +0.227% | $2.4M | $3.5M | 75x | as long as short |
| KuCoin HBARUSDTM | −0.0008% | 8h | 0.09282 | +0.162% | $7.5M | $7.9M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09284 | +0.180% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09271 | +0.043% | $510K | $151K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09291 | +0.254% | $8K | — | 150x | as long as short |
| Variational Omni HBAR | +0.0055% | 8h | 0.09261 | −0.068% | $1.0M | $197K | — | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09272 | +0.054% | $223K | $2.2M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0077% | 8h | 0.09264 | −0.032% | $2K | $16K | 10x | as long as short |
| Extended HBAR-USD | +0.0080% | 1h | 0.09277 | +0.109% | $51K | $218K | 10x | as long as short |
Gate HBAR_USDT
KuCoin HBARUSDTM
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Variational Omni HBAR
Coinbase International HBAR-PERP-INTX
Orderly PERP_HBAR_USDC
Extended HBAR-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC HBAR_USDTshort | +0.0080% | 8h | 0.09286 | +0.205% | $25.6M | $22.3M | 200x | |
| Binance HBARUSDT | +0.0080% | 8h | 0.09292 | +0.270% | $34.9M | $110.3M | 75x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09278 | +0.119% | $569K | $591K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09296 | +0.314% | $8.9M | $2.9M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09279 | +0.127% | $212K | $429K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09284 | +0.183% | $33.1M | $37.0M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09283 | +0.173% | $6.8M | $25.0M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09284 | +0.183% | $17.1M | $14.8M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09290 | +0.248% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09271 | +0.043% | $32K | $103K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09261 | −0.061% | $377K | $2.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09246 | −0.227% | $148K | $707K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09262 | −0.054% | $430 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09295 | +0.302% | $73K | $53K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09258 | −0.097% | $2.2M | $2.1M | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0193% | 1h | 0.09271 | +0.048% | $1.4M | $2.3M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0200% | 8h | 0.09268 | +0.011% | $1.4M | $5.5M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0448% / S −0.0478% | 1h | 0.09293 | +0.277% | $104K | — | 100x | as long as short |
Binance HBARUSDT
Lighter HBAR
Hyperliquid HBAR
Aster 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
Kraken Futures PF_HBARUSD
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]