Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.035%
Price spread now: BloFin against KuCoin+0.238%95s7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$570.566% of the position
Funding, last 7 days+0.243%+$24 on $10k
+Price spread, last 4 days (all we have)−0.215%−$22 · spread now +0.238%, 7d avg −0.002%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.240% dearer against KuCoin than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of −0.002%. The two prices were read 95 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 | KuCoin HBARUSDTM | 0.09249 | 0.0100 | pay 0.0100% / 8h | 1h 39m | $7.4M | $7.5M | 75x |
| Short | BloFin HBAR-USDT | 0.09271 | 0.0220 | get 0.0220% / 8h | 1h 39m | $1.5M | $5.6M | 90x |
KuCoin HBARUSDTM
BloFin HBAR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $25.2
- Price spread: +0.238% → −0.002%
- $24.03
- Slippage, 4 orders
- −$32.64
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$7.42
- Costs to cover
- 0.566%
- Break-even
- 9.1 days
Slippage from KuCoin: live order book, 8 min ago; BloFin: 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, 8 min ago | 2.69 bp | 15.2 bp −$15 | 45.4 bp −$454 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 1.08 bp | 10.5 bp −$11 | 17.1 bp −$171 | 41.1 bp −$4,114 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack HBAR_USDC_PERP | −0.0675% | 1h | 0.09250 | +0.011% | $33K | $202K | 15x | as long as short |
| Kraken Futures PF_HBARUSD | −0.0267% | 1h | 0.09256 | +0.073% | $1.3M | $3.0M | 50x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09265 | +0.175% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0011% | 1h | 0.09257 | +0.088% | $9K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | +0.357% | $1K | $103K | 12x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0074% | 1h | 0.09258 | +0.097% | $510K | $178K | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0077% | 8h | 0.09249 | 0.000% | $4K | $16K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0080% | 1h | 0.09262 | +0.141% | $211K | $2.3M | 50x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09247 | −0.022% | $557K | $600K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09256 | +0.080% | $8.6M | $3.7M | 5x | as long as short |
Backpack HBAR_USDC_PERP
Kraken Futures PF_HBARUSD
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Deribit HBAR_USDC-PERPETUAL
Orderly PERP_HBAR_USDC
Coinbase International HBAR-PERP-INTX
Lighter HBAR
Hyperliquid HBARShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HBARUSDT | +0.0100% | 8h | 0.09253 | +0.043% | $199K | $333K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09248 | −0.011% | $34.1M | $111.9M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09249 | 0.000% | $31.7M | $35.9M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09249 | 0.000% | $6.5M | $25.2M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09252 | +0.032% | $2.4M | $2.7M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09246 | −0.032% | $24.8M | $19.7M | 200x | as long as short |
| KuCoin HBARUSDTMlong | +0.0100% | 8h | 0.09249 | long leg | $7.4M | $7.5M | 75x | |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09251 | +0.022% | $17.2M | $16.0M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09252 | +0.032% | — | $6.9M | — | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09269 | +0.215% | $1.0M | $187K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09268 | +0.210% | $373K | $3.0M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09267 | +0.195% | $150K | $704K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09249 | 0.000% | $429 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09274 | +0.270% | $70K | $70K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09251 | +0.022% | $2.1M | $2.2M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09247 | −0.025% | $60K | $227K | 10x | as long as short |
| BloFin HBAR-USDTshort | +0.0220% | 8h | 0.09271 | +0.238% | $1.5M | $5.6M | 90x | |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0359% / S −0.0261% | 1h | 0.09257 | +0.084% | $83K | — | 100x | as long as short |
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
MEXC HBAR_USDT
Bitget HBARUSDT
BingX HBAR-USDT
Variational Omni HBAR
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
GMX HBAR/USD [WBTC.b-USDC]