Funding you earn now, next payment 02:00 UTC−0.0036%/8h= −3.9% APRpaid last 24h −0.042%
Price spread now: Variational Omni against SoDEX−0.046%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Variational Omni is 0.046% cheaper against SoDEX than usual: you would sell low and buy high (−$5 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 | SoDEX HBAR-USD | 0.09224 | 0.0100 | pay 0.0013% / 1h | 15m 26s | $428 | $5K | 5x |
| Short | Variational Omni HBAR | 0.09220 | 0.0064 | get 0.0064% / 8h | 6h 15m | $1.0M | $187K | — |
SoDEX HBAR-USD
Variational Omni HBARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against SoDEX. 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
- −$7.46
- Price spread: −0.046% → 0.000%
- −$4.56
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$20.02
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: SoDEX: no order-book sample; Variational Omni: RFQ quote, 4 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 4 min ago | 3.79 bp | doesn't fit | 17.9 bp −$179 | doesn't fit | doesn't fit |
SoDEX: 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 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 | −0.0064% | 8h | 0.09221 | −0.033% | $7.2M | $7.4M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09227 | +0.029% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09228 | +0.042% | $8K | — | 150x | as long as short |
| ApeX Omni HBARUSDT | +0.0021% | 1h | 0.09239 | +0.163% | $147K | $714K | 50x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | +0.629% | $1K | $106K | 12x | as long as short |
| Gate HBAR_USDT | +0.0047% | 8h | 0.09225 | +0.011% | $2.4M | $3.0M | 75x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09234 | +0.108% | $219K | $2.1M | 50x | as long as short |
| Variational Omni HBARshort | +0.0064% | 8h | 0.09220 | −0.046% | $1.0M | $187K | — | |
| Kraken Futures PF_HBARUSD | +0.0069% | 1h | 0.09228 | +0.039% | $1.4M | $2.5M | 50x | as long as short |
| Extended HBAR-USD | +0.0072% | 1h | 0.09220 | −0.041% | $47K | $278K | 10x | as long as short |
KuCoin HBARUSDTM
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
ApeX Omni HBARUSDT
Injective HBAR/USDC PERP
Gate HBAR_USDT
Coinbase International HBAR-PERP-INTX
Kraken Futures PF_HBARUSD
Extended HBAR-USDShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC HBAR_USDT | +0.0075% | 8h | 0.09225 | +0.011% | $26.0M | $22.0M | 200x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0075% | 1h | 0.09230 | +0.065% | $508K | $151K | 50x | as long as short |
| Binance HBARUSDT | +0.0076% | 8h | 0.09223 | −0.015% | $34.2M | $104.6M | 75x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0077% | 8h | 0.09220 | −0.043% | $2K | $17K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09218 | −0.065% | $561K | $596K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09237 | +0.141% | $8.8M | $2.7M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09224 | +0.003% | $210K | $322K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09221 | −0.033% | $32.7M | $34.5M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09223 | −0.011% | $6.7M | $24.5M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09223 | −0.011% | $17.0M | $14.9M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09223 | −0.011% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09224 | 0.000% | $32K | $120K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09237 | +0.137% | $369K | $2.3M | 10x | as long as short |
| SoDEX HBAR-USDlong | +0.0100% | 1h | 0.09224 | long leg | $428 | $5K | 5x | |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09243 | +0.206% | $71K | $66K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09220 | −0.043% | $2.1M | $2.2M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0487% / S −0.0549% | 1h | 0.09225 | +0.013% | $114K | — | 100x | as long as short |
MEXC HBAR_USDT
Deribit HBAR_USDC-PERPETUAL
Binance HBARUSDT
Orderly PERP_HBAR_USDC
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
GRVT HBAR_USDT_Perp
HTX HBAR-USDT
Phemex HBARUSDT
GMX HBAR/USD [WBTC.b-USDC]