Funding you earn now, next payment 05:00 UTC+0.0200%/8h= +21.9% APRpaid last 24h +0.011%
Price spread now: Deribit against Orderly+0.074%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 +$6 a day on $10k at the current rate, and Deribit is 0.074% dearer against Orderly than usual: you sell high and buy low: +$7 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 | 0.09428 | 0.0080 | pay 0.0080% / 8h | 3h 19m | $2K | $14K | 10x |
| Short | Deribit HBAR_USDC-PERPETUAL | 0.09435 | 0.0280 | get 0.0035% / 1h | 19m 40s | $520K | $190K | 50x |
Orderly PERP_HBAR_USDC
Deribit HBAR_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $41.98
- Price spread: +0.074% → 0.000%
- $7.42
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $36.41
- Costs to cover
- 0.130%
- Break-even
- 0.9 days
Slippage unknown: Orderly: no order-book sample; Deribit: live order book, 34 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 Deribit live order book, 34 min ago | 5.29 bp | 8.8 bp −$9 | 15.8 bp −$158 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX HBAR-USD | 0.0000% | 1h | 0.09395 | −0.349% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0011% | 1h | 0.09429 | +0.006% | $9K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | −1.549% | $1K | $105K | 12x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0080% | 1h | 0.09396 | −0.339% | $228K | $2.3M | 50x | as long as short |
| Orderly PERP_HBAR_USDClong | +0.0080% | 8h | 0.09428 | long leg | $2K | $14K | 10x | |
| Lighter HBAR | +0.0096% | 1h | 0.09406 | −0.233% | $567K | $616K | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09397 | −0.332% | $202K | $336K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09385 | −0.454% | $34.8M | $110.1M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09387 | −0.435% | $33.1M | $35.3M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09387 | −0.435% | $6.7M | $25.8M | 50x | as long as short |
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Coinbase International HBAR-PERP-INTX
Lighter HBAR
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate HBAR_USDT | +0.0100% | 8h | 0.09422 | −0.064% | $2.4M | $2.7M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09390 | −0.403% | $26.0M | $19.8M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09414 | −0.148% | $7.6M | $7.4M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09407 | −0.223% | $17.1M | $15.6M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09416 | −0.127% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09426 | −0.021% | $38K | $199K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09391 | −0.394% | $1.0M | $188K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09434 | +0.062% | $386K | $2.7M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09415 | −0.138% | $152K | $712K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09427 | −0.011% | $438 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09430 | +0.021% | $71K | $68K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09427 | −0.011% | $2.2M | $2.2M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09417 | −0.113% | $48K | $276K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09386 | −0.445% | $1.5M | $5.6M | 90x | as long as short |
| Deribit HBAR_USDC-PERPETUALshort | +0.0280% | 1h | 0.09435 | +0.074% | $520K | $190K | 50x | |
| Kraken Futures PF_HBARUSD | +0.0356% | 1h | 0.09432 | +0.039% | $1.4M | $2.9M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0609% / S −0.0638% | 1h | 0.09425 | −0.028% | $155K | — | 100x | as long as short |
| Hyperliquid HBAR | +0.0614% | 1h | 0.09420 | −0.090% | $9.5M | $3.3M | 5x | as long as short |
Gate HBAR_USDT
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]
Hyperliquid HBAR