Funding you earn now, next payment 22:00 UTC−0.0036%/8h= −3.9% APRnext payment −$0.04 per $10,000 · paid last 24h −0.018%
Price spread now: Coinbase International against ApeX Omni+0.357%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$540.541% of the position
Funding, last 7 days−0.049%−$5 on $10k
+Price spread, last 3 days (all we have)−0.453%−$45 · spread now +0.357%, 7d avg −0.004%
=The price spread pays, funding is against you. Coinbase International is 0.361% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.357% now, against its 7-day average of −0.004%): +$36 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 33 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni HBARUSDT | 0.09246 | 0.0100 | pay 0.0013% / 1h | 4m 45s | $148K | $708K | 50x |
| Short | Coinbase International HBAR-PERP-INTX | 0.09279 | 0.0064 | get 0.0008% / 1h | 4m 45s | $223K | $2.2M | 50x |
ApeX Omni HBARUSDT
Coinbase International HBAR-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against ApeX Omni. 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
- −$7.56
- Price spread: +0.357% → −0.004%
- $36.1
- Slippage, 4 orders
- −$34.06
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$25.51
- Costs to cover
- 0.541%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 14 min ago; Coinbase International: live order book, 4 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 ApeX Omni live order book, 14 min ago | 5.95 bp | 14.1 bp −$14 | 97.6 bp −$976 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 4 min ago | 1.62 bp | 12.7 bp −$13 | 18.8 bp −$188 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective HBAR/USDC PERP | −0.0153% | 1h | 0.09267 | +0.227% | $1K | $112K | 12x | as long as short |
| KuCoin HBARUSDTM | −0.0026% | 8h | 0.09266 | +0.216% | $7.4M | $7.8M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09279 | +0.361% | $30K | $4K | 5x | as long as short |
| Gate HBAR_USDT | +0.0002% | 8h | 0.09274 | +0.303% | $2.4M | $3.6M | 75x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09273 | +0.296% | $8K | — | 150x | as long as short |
| Coinbase International HBAR-PERP-INTXshort | +0.0064% | 1h | 0.09279 | +0.357% | $223K | $2.2M | 50x | |
| Deribit HBAR_USDC-PERPETUAL | +0.0073% | 1h | 0.09277 | +0.335% | $511K | $166K | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0077% | 8h | 0.09269 | +0.249% | $2K | $17K | 10x | as long as short |
| Variational Omni HBAR | +0.0083% | 8h | 0.09255 | +0.100% | $1.0M | $198K | — | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09278 | +0.346% | $569K | $591K | 5x | as long as short |
Injective HBAR/USDC PERP
KuCoin HBARUSDTM
dYdX HBAR-USD
Gate HBAR_USDT
gTrade (Gains Network) HBAR/USD
Deribit HBAR_USDC-PERPETUAL
Orderly PERP_HBAR_USDC
Variational Omni HBAR
Lighter HBARShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid HBAR | +0.0100% | 1h | 0.09289 | +0.462% | $8.9M | $2.9M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09280 | +0.366% | $212K | $429K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09278 | +0.344% | $34.8M | $110.5M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09273 | +0.292% | $33.0M | $37.0M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09273 | +0.292% | $6.8M | $25.2M | 50x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09276 | +0.324% | $25.5M | $22.9M | 200x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09277 | +0.335% | $17.1M | $14.9M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09274 | +0.303% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09273 | +0.292% | $34K | $102K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09241 | −0.050% | $376K | $2.1M | 10x | as long as short |
| ApeX Omni HBARUSDTlong | +0.0100% | 1h | 0.09246 | long leg | $148K | $708K | 50x | |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09269 | +0.249% | $430 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09285 | +0.422% | $73K | $53K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09269 | +0.249% | $2.2M | $2.2M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09268 | +0.240% | $51K | $218K | 10x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0193% | 1h | 0.09277 | +0.334% | $1.4M | $2.2M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09270 | +0.260% | $1.5M | $5.5M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0448% / S −0.0478% | 1h | 0.09272 | +0.278% | $104K | — | 100x | as long as short |
Hyperliquid HBAR
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
MEXC HBAR_USDT
Bitget HBARUSDT
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
GRVT HBAR_USDT_Perp
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
Kraken Futures PF_HBARUSD
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]