Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.332%
Price spread now: dYdX against Phemex−0.157%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 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 against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.157% cheaper against Phemex than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex HBARUSDT | 0.09329 | 0.0100 | pay 0.0100% / 8h | 57m 58s | $2.2M | $2.1M | 50x |
| Short | dYdX HBAR-USD | 0.09314 | 0 | get 0.0000% / 1h | 57m 58s | $30K | $4K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$21
- Price spread: −0.157% → 0.000%
- −$15.73
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$58.73
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Phemex: live order book, 5 min ago; dYdX: 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 Phemex live order book, 5 min ago | 1.61 bp | 18.6 bp −$19 | 36.6 bp −$366 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_HBARUSD | −0.0146% | 1h | 0.09327 | −0.018% | $1.3M | $3.0M | 50x | as long as short |
| dYdX HBAR-USDshort | 0.0000% | 1h | 0.09314 | −0.157% | $30K | $4K | 5x | |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0011% | 1h | 0.09327 | −0.026% | $9K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | −0.504% | $1K | $103K | 12x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0072% | 1h | 0.09332 | +0.032% | $514K | $178K | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0079% | 8h | 0.09322 | −0.075% | $4K | $10K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0080% | 1h | 0.09329 | 0.000% | $206K | $2.3M | 50x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09324 | −0.054% | $561K | $597K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09345 | +0.172% | $8.7M | $3.7M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09337 | +0.091% | $201K | $329K | 50x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance HBARUSDT | +0.0100% | 8h | 0.09336 | +0.075% | $34.4M | $111.3M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09334 | +0.054% | $31.9M | $35.6M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09334 | +0.054% | $6.6M | $25.0M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09329 | 0.000% | $2.4M | $2.7M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09335 | +0.064% | $25.8M | $19.8M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09338 | +0.096% | $7.4M | $7.4M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09333 | +0.043% | $17.3M | $15.9M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09332 | +0.032% | — | $6.9M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09336 | +0.075% | $35K | $201K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09306 | −0.248% | $1.0M | $181K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09304 | −0.268% | $378K | $3.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09311 | −0.193% | $151K | $703K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09325 | −0.043% | $433 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09328 | −0.011% | $71K | $70K | 20x | as long as short |
| Phemex HBARUSDTlong | +0.0100% | 8h | 0.09329 | long leg | $2.2M | $2.1M | 50x | |
| Extended HBAR-USD | +0.0104% | 1h | 0.09333 | +0.044% | $53K | $233K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09318 | −0.118% | $1.5M | $5.7M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0360% / S −0.0261% | 1h | 0.09327 | −0.016% | $84K | — | 100x | as long as short |
Phemex HBARUSDT
Kraken Futures PF_HBARUSD
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Deribit HBAR_USDC-PERPETUAL
Coinbase International HBAR-PERP-INTX
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
MEXC HBAR_USDT
KuCoin HBARUSDTM
Bitget HBARUSDT
BingX HBAR-USDT
Backpack HBAR_USDC_PERP
Variational Omni HBAR
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Extended HBAR-USD
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]