Funding you earn now, next payment 16:00 UTC+0.0013%/8h= +1.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.009%
Price spread now: Bybit against Orderly+0.105%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Bybit is 0.105% dearer against Orderly than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_HBAR_USDC | 0.09520 | 0.0087 | pay 0.0087% / 8h | 7h 25m | $1K | $12K | 10x |
| Short | Bybit HBARUSDT | 0.09530 | 0.0100 | get 0.0100% / 8h | 7h 25m | $33.3M | $37.7M | 75x |
Orderly PERP_HBAR_USDC
Bybit HBARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Orderly. 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
- $2.64
- Price spread: +0.105% → 0.000%
- $10.5
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$3.85
- Costs to cover
- 0.170%
- Break-even
- 17.2 days
Slippage unknown: Orderly: no order-book sample; Bybit: live order book, 3 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 3 min ago | 0.52 bp | 9.8 bp −$10 | 20.3 bp −$203 | 115.9 bp −$11.6K | doesn't fit |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate HBAR_USDT | −0.0125% | 8h | 0.09521 | +0.011% | $2.5M | $2.9M | 75x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09525 | +0.053% | $525K | $177K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0008% | 1h | 0.09542 | +0.228% | $11K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | −2.500% | $1K | $96K | 12x | as long as short |
| Orderly PERP_HBAR_USDClong | +0.0087% | 8h | 0.09520 | long leg | $1K | $12K | 10x | |
| Coinbase International HBAR-PERP-INTX | +0.0088% | 1h | 0.09531 | +0.116% | $227K | $2.7M | 50x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09520 | 0.000% | $571K | $603K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09532 | +0.123% | $8.9M | $3.9M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09530 | +0.109% | $228K | $350K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09529 | +0.095% | $36.0M | $115.1M | 75x | as long as short |
Gate HBAR_USDT
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Coinbase International HBAR-PERP-INTX
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Binance HBARUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit HBARUSDTshort | +0.0100% | 8h | 0.09530 | +0.105% | $33.3M | $37.7M | 75x | |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09531 | +0.116% | $6.7M | $26.8M | 50x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09527 | +0.074% | $26.8M | $20.6M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09525 | +0.053% | $7.4M | $7.4M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09529 | +0.095% | $17.9M | $17.7M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09529 | +0.095% | — | $6.8M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09522 | +0.021% | $36K | $203K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09558 | +0.398% | $1.1M | $179K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09557 | +0.385% | $387K | $3.4M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09564 | +0.462% | $155K | $699K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09522 | +0.021% | $442 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09558 | +0.399% | $73K | $75K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09523 | +0.032% | $2.4M | $2.7M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09528 | +0.087% | $50K | $305K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09546 | +0.273% | $1.6M | $5.9M | 90x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0285% | 1h | 0.09528 | +0.081% | $1.4M | $3.2M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0358% / S −0.0273% | 1h | 0.09522 | +0.019% | $81K | — | 100x | as long as short |
| dYdX HBAR-USD | +0.2168% | 1h | 0.09533 | +0.138% | $37K | $17K | 5x | as long as short |
OKX HBAR-USDT-SWAP
MEXC HBAR_USDT
KuCoin HBARUSDTM
Bitget HBARUSDT
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
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]
dYdX HBAR-USD