Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.008%
Price spread now: Aster against Phemex+0.222%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$650.649% of the position
Funding, last 5 days (all we have)−0.017%−$2 on $10k
+Price spread, last 3 days (all we have)−0.176%−$18 · spread now +0.222%, 7d avg +0.022%
=Together, before fees−0.193%+ Points / potential airdropAster: Stage 5 · farm board−$19 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.200% dearer against Phemex than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of +0.022%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex HBARUSDT | 0.09206 | 0.0100 | pay 0.0100% / 8h | 5h 56m | $2.1M | $2.1M | 50x |
| Short | Aster HBARUSDT | 0.09226 | 0.0100 | get 0.0100% / 8h | 5h 56m | $210K | $322K | 50x |
Phemex HBARUSDT
Aster HBARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Phemex. 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
- $0
- Price spread: +0.222% → +0.022%
- $19.98
- Slippage, 4 orders
- −$44.87
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$44.89
- Costs to cover
- 0.649%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 2 min ago; Aster: live order book, 6 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 Phemex live order book, 2 min ago | 1.09 bp | 18.7 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 6 min ago | 8.15 bp | 14.4 bp −$14 | 107.1 bp −$1,071 | doesn't fit | doesn't fit |
HBAR on 27 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 HBARUSDTM | −0.0049% | 8h | 0.09220 | +0.152% | $7.1M | $7.3M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09215 | +0.102% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09213 | +0.076% | $8K | — | 150x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09227 | +0.228% | $225K | $2.1M | 50x | as long as short |
| Variational Omni HBAR | +0.0065% | 8h | 0.09198 | −0.088% | $1.0M | $187K | — | as long as short |
| Gate HBAR_USDT | +0.0067% | 8h | 0.09222 | +0.174% | $2.4M | $2.8M | 75x | as long as short |
| Lighter HBAR | +0.0072% | 1h | 0.09205 | −0.011% | $560K | $591K | 5x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0078% | 8h | 0.09209 | +0.033% | $2K | $17K | 10x | as long as short |
| Binance HBARUSDT | +0.0087% | 8h | 0.09212 | +0.065% | $34.1M | $103.9M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0087% | 8h | 0.09223 | +0.185% | $25.9M | $19.5M | 200x | as long as short |
KuCoin HBARUSDTM
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Coinbase International HBAR-PERP-INTX
Variational Omni HBAR
Gate HBAR_USDT
Lighter HBAR
Orderly PERP_HBAR_USDC
Binance HBARUSDT
MEXC HBAR_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended HBAR-USD | +0.0088% | 1h | 0.09210 | +0.044% | $51K | $277K | 10x | as long as short |
| Injective HBAR/USDC PERP | +0.0090% | 1h | 0.09282 | +0.826% | $1K | $106K | 12x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09229 | +0.251% | $8.8M | $2.6M | 5x | as long as short |
| Aster HBARUSDTshort | +0.0100% | 8h | 0.09226 | +0.222% | $210K | $322K | 50x | |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09213 | +0.076% | $32.7M | $33.9M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09215 | +0.098% | $6.7M | $24.2M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09214 | +0.087% | $17.0M | $14.8M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09212 | +0.065% | — | $6.1M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09183 | −0.250% | $32K | $120K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09197 | −0.103% | $370K | $2.3M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09196 | −0.109% | $147K | $712K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09210 | +0.043% | $428 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09220 | +0.152% | $70K | $66K | 20x | as long as short |
| Phemex HBARUSDTlong | +0.0100% | 8h | 0.09206 | long leg | $2.1M | $2.1M | 50x | |
| Deribit HBAR_USDC-PERPETUAL | +0.0184% | 1h | 0.09218 | +0.130% | $508K | $151K | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0205% | 1h | 0.09217 | +0.119% | $1.4M | $2.4M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0346% / S −0.0242% | 1h | 0.09218 | +0.129% | $79K | — | 100x | as long as short |
Extended HBAR-USD
Injective HBAR/USDC PERP
Hyperliquid HBAR
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDT
Backpack HBAR_USDC_PERP
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Deribit HBAR_USDC-PERPETUAL
Kraken Futures PF_HBARUSD
GMX HBAR/USD [WBTC.b-USDC]