Funding you earn now, next payment 08:00 UTC+0.0132%/8h= +14.5% APRnext payment +$1.32 per $10,000 · paid last 24h +0.007%
Price spread now: MEXC against KuCoin+0.044%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$420.419% of the position
Funding, last 7 days+0.018%+$2 on $10k
+Price spread, last 7 days−0.070%−$7 · spread now +0.044%, 7d avg −0.006%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and MEXC is 0.050% dearer against KuCoin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin HBARUSDTM | 0.09142 | −0.0042 | get 0.0042% / 8h | 5h 47m | $7.1M | $7.3M | 75x |
| Short | MEXC HBAR_USDT | 0.09146 | 0.0090 | get 0.0090% / 8h | 5h 47m | $25.6M | $19.5M | 200x |
KuCoin HBARUSDTM
MEXC HBAR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $27.72
- Price spread: +0.044% → −0.006%
- $5.02
- Slippage, 4 orders
- −$29.88
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$9.15
- Costs to cover
- 0.419%
- Break-even
- 9.3 days
Slippage from KuCoin: live order book, 1 min ago; MEXC: live order book, 2 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, 1 min ago | 0.55 bp | 18.0 bp −$18 | 52.4 bp −$524 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 0.55 bp | 1.9 bp −$2 | 13.6 bp −$136 | 46.7 bp −$4,667 | 118.2 bp −$59.1K |
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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HBARUSDTMlong | −0.0042% | 8h | 0.09142 | long leg | $7.1M | $7.3M | 75x | |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09147 | +0.058% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09149 | +0.072% | $8K | — | 150x | as long as short |
| Gate HBAR_USDT | +0.0027% | 8h | 0.09149 | +0.077% | $2.4M | $2.8M | 75x | as long as short |
| Variational Omni HBAR | +0.0064% | 8h | 0.09177 | +0.380% | $1.0M | $187K | — | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09146 | +0.044% | $223K | $2.1M | 50x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0078% | 1h | 0.09152 | +0.109% | $504K | $152K | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0079% | 8h | 0.09144 | +0.022% | $2K | $17K | 10x | as long as short |
| Extended HBAR-USD | +0.0088% | 1h | 0.09144 | +0.017% | $51K | $277K | 10x | as long as short |
| Injective HBAR/USDC PERP | +0.0090% | 1h | 0.09282 | +1.531% | $1K | $106K | 12x | as long as short |
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Gate HBAR_USDT
Variational Omni HBAR
Coinbase International HBAR-PERP-INTX
Deribit HBAR_USDC-PERPETUAL
Orderly PERP_HBAR_USDC
Extended HBAR-USD
Injective HBAR/USDC PERPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC HBAR_USDTshort | +0.0090% | 8h | 0.09146 | +0.044% | $25.6M | $19.5M | 200x | |
| Binance HBARUSDT | +0.0091% | 8h | 0.09136 | −0.066% | $33.7M | $104.1M | 75x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09142 | 0.000% | $557K | $591K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09155 | +0.144% | $8.8M | $2.6M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09153 | +0.123% | $209K | $322K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09138 | −0.044% | $32.4M | $33.9M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09140 | −0.022% | $6.6M | $24.1M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09147 | +0.055% | $16.9M | $14.8M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09141 | −0.011% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09150 | +0.088% | $66K | $143K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09181 | +0.425% | $369K | $2.3M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09144 | +0.022% | $146K | $712K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09145 | +0.033% | $425 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09158 | +0.175% | $70K | $67K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09144 | +0.022% | $2.1M | $2.2M | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0207% | 1h | 0.09150 | +0.091% | $1.4M | $2.4M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0211% | 8h | 0.09139 | −0.033% | — | $5.3M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0345% / S −0.0242% | 1h | 0.09148 | +0.070% | $79K | — | 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]