Funding you earn now, next payment 01:00 UTC+0.0090%/8h= +9.8% APRnext payment +$0.11 per $10,000 · paid last 24h −0.006%
Price spread now: Deribit against ApeX Omni+0.700%74s7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$430.432% of the position
Funding, last 7 days−0.078%−$8 on $10k
+Price spread, last 3 days (all we have)−0.631%−$63 · spread now +0.700%, 7d avg +0.050%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Deribit is 0.649% dearer against ApeX Omni than usual: you sell high and buy low: +$65 more if the spread goes back to its 7-day average of +0.050%. Mind the row above: over the last 7 days funding on this pair cost −0.078%, so the current rate has only just turned in your favour. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni HBARUSDT | 0.09291 | 0.0088 | pay 0.0011% / 1h | 26m 08s | $149K | $718K | 50x |
| Short | Deribit HBAR_USDC-PERPETUAL | 0.09356 | 0.0178 | get 0.0022% / 1h | 26m 08s | $515K | $166K | 50x |
ApeX Omni HBARUSDT
Deribit HBAR_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $18.8
- Price spread: +0.700% → +0.050%
- $64.92
- Slippage, 4 orders
- −$26.16
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $40.55
- Costs to cover
- 0.432%
- Break-even
- from the start
Slippage from ApeX Omni: live order book, 47 min ago; Deribit: live order book, 48 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, 47 min ago | 4.32 bp | 11.9 bp −$12 | 104.9 bp −$1,049 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 48 min ago | 5.40 bp | 10.6 bp −$11 | 17.4 bp −$174 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HBARUSDTM | −0.0076% | 8h | 0.09349 | +0.624% | $7.4M | $7.7M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09332 | +0.444% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09350 | +0.636% | $8K | — | 150x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0028% | 8h | 0.09312 | +0.223% | $379K | $2.2M | 10x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09267 | −0.258% | $1K | $106K | 12x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0056% | 1h | 0.09339 | +0.517% | $228K | $2.3M | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0057% | 1h | 0.09359 | +0.736% | $1.4M | $2.3M | 50x | as long as short |
| Extended HBAR-USD | +0.0072% | 1h | 0.09346 | +0.595% | $53K | $332K | 10x | as long as short |
| Variational Omni HBAR | +0.0074% | 8h | 0.09339 | +0.516% | $1.0M | $191K | — | as long as short |
| MEXC HBAR_USDT | +0.0074% | 8h | 0.09344 | +0.570% | $26.7M | $22.4M | 200x | as long as short |
KuCoin HBARUSDTM
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
GRVT HBAR_USDT_Perp
Injective HBAR/USDC PERP
Coinbase International HBAR-PERP-INTX
Kraken Futures PF_HBARUSD
Extended HBAR-USD
Variational Omni HBAR
MEXC HBAR_USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance HBARUSDT | +0.0075% | 8h | 0.09354 | +0.674% | $35.1M | $108.5M | 75x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09346 | +0.592% | $2K | $17K | 10x | as long as short |
| ApeX Omni HBARUSDTlong | +0.0088% | 1h | 0.09291 | long leg | $149K | $718K | 50x | |
| Lighter HBAR | +0.0096% | 1h | 0.09351 | +0.646% | $573K | $553K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09347 | +0.600% | $8.9M | $2.8M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09337 | +0.492% | $213K | $407K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09350 | +0.635% | $33.2M | $35.9M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09339 | +0.517% | $6.9M | $25.2M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09341 | +0.538% | $2.4M | $3.4M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09342 | +0.549% | $17.3M | $15.0M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09344 | +0.570% | — | $5.9M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09350 | +0.635% | $34K | $106K | 15x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09351 | +0.646% | $434 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09341 | +0.538% | $74K | $60K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09347 | +0.603% | $2.2M | $2.1M | 50x | as long as short |
| Deribit HBAR_USDC-PERPETUALshort | +0.0178% | 1h | 0.09356 | +0.700% | $515K | $166K | 50x | |
| BloFin HBAR-USDT | +0.0195% | 8h | 0.09318 | +0.291% | $1.5M | $5.6M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0495% / S −0.0463% | 1h | 0.09351 | +0.646% | $124K | — | 100x | as long as short |
Binance HBARUSDT
Orderly PERP_HBAR_USDC
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
Bitget HBARUSDT
BingX HBAR-USDT
Backpack HBAR_USDC_PERP
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]