Funding you earn now, next payment 00:00 UTC+0.0121%/8h= +13.2% APRnext payment +$1.21 per $10,000 · paid last 24h −0.001%
Price spread now: BingX against KuCoin+0.043%7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$580.583% of the position
Funding, last 7 days+0.063%+$6 on $10k
+Price spread, last 7 days−0.060%−$6 · spread now +0.043%, 7d avg −0.015%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BingX is 0.058% dearer against KuCoin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin HBARUSDTM | 0.09290 | −0.0021 | get 0.0021% / 8h | 1h 23m | $7.4M | $7.8M | 75x |
| Short | BingX HBAR-USDC | 0.09294 | 0.0100 | get 0.0100% / 8h | 1h 23m | — | $6.7M | — |
KuCoin HBARUSDTM
BingX HBAR-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against KuCoin. 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
- $25.41
- Price spread: +0.043% → −0.015%
- $5.76
- Slippage, 4 orders
- −$36.29
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$27.12
- Costs to cover
- 0.583%
- Break-even
- 14.5 days
Slippage from KuCoin: live order book, 5 min ago; BingX: live order book, 4 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 KuCoin live order book, 5 min ago | 2.70 bp | 15.6 bp −$16 | 48.3 bp −$483 | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 1.08 bp | 16.5 bp −$17 | 62.1 bp −$621 | 415.1 bp −$41.5K | 912.1 bp −$456.0K |
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 PERP | −0.0153% | 1h | 0.09267 | −0.248% | $1K | $112K | 12x | as long as short |
| KuCoin HBARUSDTMlong | −0.0021% | 8h | 0.09290 | long leg | $7.4M | $7.8M | 75x | |
| Gate HBAR_USDT | −0.0003% | 8h | 0.09294 | +0.043% | $2.4M | $3.6M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09290 | −0.001% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09291 | +0.011% | $512K | $151K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09290 | +0.003% | $8K | — | 150x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09296 | +0.065% | $223K | $2.2M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0077% | 8h | 0.09285 | −0.054% | $2K | $17K | 10x | as long as short |
| Variational Omni HBAR | +0.0077% | 8h | 0.09280 | −0.104% | $1.0M | $198K | — | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09286 | −0.043% | $570K | $591K | 5x | as long as short |
Injective HBAR/USDC PERP
Gate HBAR_USDT
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Coinbase International HBAR-PERP-INTX
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 | |
|---|---|---|---|---|---|---|---|---|
| Extended HBAR-USD | +0.0096% | 1h | 0.09287 | −0.030% | $51K | $218K | 10x | as long as short |
| MEXC HBAR_USDT | +0.0097% | 8h | 0.09287 | −0.032% | $26.1M | $22.6M | 200x | as long as short |
| Binance HBARUSDT | +0.0098% | 8h | 0.09293 | +0.038% | $34.9M | $110.5M | 75x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09302 | +0.128% | $8.9M | $2.9M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09289 | −0.006% | $212K | $429K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09289 | −0.011% | $33.1M | $37.0M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09287 | −0.032% | $6.8M | $25.2M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09292 | +0.022% | $17.1M | $14.8M | 75x | as long as short |
| BingX HBAR-USDCshort | +0.0100% | 8h | 0.09294 | +0.043% | — | $6.7M | — | |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09285 | −0.054% | $34K | $102K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09289 | −0.011% | $378K | $2.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09283 | −0.075% | $149K | $708K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09284 | −0.065% | $431 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09312 | +0.237% | $73K | $53K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09288 | −0.022% | $2.2M | $2.2M | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0193% | 1h | 0.09294 | +0.039% | $1.4M | $2.2M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0217% | 8h | 0.09287 | −0.032% | $1.5M | $5.5M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0448% / S −0.0478% | 1h | 0.09292 | +0.019% | $104K | — | 100x | as long as short |
Extended HBAR-USD
MEXC HBAR_USDT
Binance HBARUSDT
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
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]