Funding you earn now, next payment 11:00 UTC+0.0084%/8h= +9.2% APRpaid last 24h −0.005%
Price spread now: Coinbase International against OKX+0.107%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$500.501% of the position
Funding, last 7 days−0.033%−$3 on $10k
+Price spread, last 4 days (all we have)−0.088%−$9 · spread now +0.107%, 7d avg +0.047%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.060% dearer against OKX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.047%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX HBAR-USDT-SWAP | 0.09330 | 0.0100 | pay 0.0100% / 8h | 4h 46m | $6.4M | $25.9M | 50x |
| Short | Coinbase International HBAR-PERP-INTX | 0.09340 | 0.0184 | get 0.0023% / 1h | 46m 30s | $215K | $2.9M | 50x |
OKX HBAR-USDT-SWAP
Coinbase International HBAR-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against OKX. 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
- $17.64
- Price spread: +0.107% → +0.047%
- $5.99
- Slippage, 4 orders
- −$30.09
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$26.46
- Costs to cover
- 0.501%
- Break-even
- 17.5 days
Slippage from OKX: live order book, 5 min ago; Coinbase International: live order book, 5 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 OKX live order book, 5 min ago | 0.54 bp | 10.5 bp −$11 | 24.2 bp −$242 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 5 min ago | 3.22 bp | 11.2 bp −$11 | 18.7 bp −$187 | doesn't fit | doesn't fit |
HBAR on 28 exchanges
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 | −0.5000% | 1h | 0.08783 | −5.863% | $4K | $101K | 12x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0008% | 1h | 0.09320 | −0.108% | $10K | — | 150x | as long as short |
| ApeX Omni HBARUSDT | +0.0063% | 1h | 0.09306 | −0.257% | $151K | $695K | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0070% | 1h | 0.09341 | +0.116% | $1.5M | $3.9M | 50x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0071% | 1h | 0.09340 | +0.107% | $525K | $223K | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0090% | 8h | 0.09330 | 0.000% | $4K | $11K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09334 | +0.043% | $571K | $515K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09338 | +0.085% | $8.4M | $4.3M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09338 | +0.086% | $200K | $369K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09330 | +0.002% | $34.7M | $114.2M | 75x | as long as short |
Injective HBAR/USDC PERP
gTrade (Gains Network) HBAR/USD
ApeX Omni HBARUSDT
Kraken Futures PF_HBARUSD
Deribit HBAR_USDC-PERPETUAL
Orderly PERP_HBAR_USDC
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Binance HBARUSDTShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit HBARUSDT | +0.0100% | 8h | 0.09330 | 0.000% | $32.4M | $38.6M | 75x | as long as short |
| OKX HBAR-USDT-SWAPlong | +0.0100% | 8h | 0.09330 | long leg | $6.4M | $25.9M | 50x | |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09337 | +0.075% | $2.6M | $3.7M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09327 | −0.032% | $27.3M | $20.4M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09326 | −0.043% | $6.9M | $7.0M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09328 | −0.021% | $17.6M | $19.7M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09323 | −0.075% | — | $6.8M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09332 | +0.021% | $34K | $204K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09307 | −0.246% | $1.0M | $99K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09294 | −0.391% | $374K | $3.9M | 10x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09333 | +0.032% | $433 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09349 | +0.204% | $71K | $69K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09333 | +0.032% | $2.4M | $3.3M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09329 | −0.012% | $52K | $339K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTXshort | +0.0184% | 1h | 0.09340 | +0.107% | $215K | $2.9M | 50x | |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09332 | +0.021% | $1.5M | $5.9M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0369% / S −0.0378% | 1h | 0.09324 | −0.068% | $77K | — | 100x | as long as short |
| dYdX HBAR-USD | +0.0728% | 1h | 0.09340 | +0.103% | $40K | $21K | 5x | as long as short |
Bybit HBARUSDT
Gate HBAR_USDT
MEXC HBAR_USDT
KuCoin HBARUSDTM
Bitget HBARUSDT
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
Variational Omni HBAR
GRVT HBAR_USDT_Perp
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]
dYdX HBAR-USD