Funding you earn now, next payment 06:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.284%
Price spread now: Injective against MEXC−0.129%55s7-day average −0.088% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.789%−$79 on $10k
+Price spread, last 4 days (all we have)−0.347%−$35 · spread now −0.129%, 7d avg −0.088%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 0.041% cheaper against MEXC than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.088%). Swap the legs. 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 | MEXC HBAR_USDT | 0.09294 | 0.0100 | pay 0.0100% / 8h | 2h 06m | $25.2M | $19.8M | 200x |
| Short | Injective HBAR/USDC PERP | 0.09282 | 0.0033 | get 0.0004% / 1h | 6m 14s | $1K | $103K | 12x |
MEXC HBAR_USDT
Injective HBAR/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against MEXC. 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
- −$14
- Price spread: −0.129% → −0.088%
- −$4.13
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$18.15
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 3 min ago; Injective: no order-book sample. 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 MEXC live order book, 3 min ago | 1.62 bp | 3.1 bp −$3 | 8.8 bp −$88 | 35.9 bp −$3,586 | 126.7 bp −$63.3K |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0414% | 1h | 0.09303 | +0.097% | $33K | $201K | 15x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09295 | +0.009% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0011% | 1h | 0.09298 | +0.039% | $9K | — | 150x | as long as short |
| Injective HBAR/USDC PERPshort | +0.0033% | 1h | 0.09282 | −0.129% | $1K | $103K | 12x | |
| Deribit HBAR_USDC-PERPETUAL | +0.0073% | 1h | 0.09302 | +0.086% | $512K | $179K | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0077% | 8h | 0.09294 | 0.000% | $4K | $16K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0088% | 1h | 0.09301 | +0.075% | $216K | $2.4M | 50x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09295 | +0.011% | $562K | $616K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09311 | +0.187% | $8.7M | $3.7M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09300 | +0.060% | $200K | $335K | 50x | as long as short |
Backpack HBAR_USDC_PERP
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Deribit HBAR_USDC-PERPETUAL
Orderly PERP_HBAR_USDC
Coinbase International HBAR-PERP-INTX
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance HBARUSDT | +0.0100% | 8h | 0.09294 | 0.000% | $34.0M | $111.9M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09296 | +0.022% | $32.1M | $35.9M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09295 | +0.011% | $6.6M | $25.6M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09297 | +0.032% | $2.4M | $2.8M | 75x | as long as short |
| MEXC HBAR_USDTlong | +0.0100% | 8h | 0.09294 | long leg | $25.2M | $19.8M | 200x | |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09302 | +0.086% | $7.4M | $7.5M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09301 | +0.075% | $17.3M | $16.0M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09302 | +0.086% | — | $6.8M | — | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09279 | −0.163% | $1.0M | $187K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09279 | −0.161% | $371K | $2.9M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09283 | −0.118% | $151K | $707K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09293 | −0.011% | $431 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09309 | +0.161% | $71K | $70K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09293 | −0.011% | $2.1M | $2.2M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09291 | −0.030% | $48K | $226K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09290 | −0.043% | $1.4M | $5.7M | 90x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0244% | 1h | 0.09300 | +0.063% | $1.3M | $3.0M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0359% / S −0.0261% | 1h | 0.09298 | +0.041% | $83K | — | 100x | as long as short |
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
KuCoin HBARUSDTM
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
BloFin HBAR-USDT
Kraken Futures PF_HBARUSD
GMX HBAR/USD [WBTC.b-USDC]