Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.005%
Price spread now: Phemex against ApeX Omni+0.248%77s7-day average −0.026% · 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—prices read too far apart to compare
costs, in and out, $10k−$600.602% of the position
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 4 days (all we have)−0.245%−$25 · spread now +0.248%, 7d avg −0.026%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.274% dearer against ApeX Omni than usual: you sell high and buy low, +$27 on $10k if it goes back to its 7-day average of −0.026%. The two prices were read 77 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 | 0.09267 | 0.0100 | pay 0.0013% / 1h | 19m 43s | $150K | $704K | 50x |
| Short | Phemex HBARUSDT | 0.09290 | 0.0100 | get 0.0100% / 8h | 1h 19m | $2.1M | $2.1M | 50x |
ApeX Omni HBARUSDT
Phemex HBARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: +0.248% → −0.026%
- $27.42
- Slippage, 4 orders
- −$38.2
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$32.78
- Costs to cover
- 0.602%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 24 min ago; Phemex: 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, 24 min ago | 7.01 bp | 14.1 bp −$14 | 92.7 bp −$927 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 4 min ago | 2.16 bp | 12.5 bp −$13 | 36.2 bp −$362 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack HBAR_USDC_PERP | −0.0447% | 1h | 0.09291 | +0.259% | $35K | $201K | 15x | as long as short |
| Kraken Futures PF_HBARUSD | −0.0266% | 1h | 0.09294 | +0.291% | $1.3M | $3.0M | 50x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09297 | +0.320% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0011% | 1h | 0.09270 | +0.031% | $9K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | +0.162% | $1K | $103K | 12x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0078% | 8h | 0.09287 | +0.216% | $4K | $13K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0080% | 1h | 0.09296 | +0.313% | $211K | $2.3M | 50x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09297 | +0.324% | $560K | $600K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09314 | +0.507% | $8.7M | $3.7M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09301 | +0.364% | $200K | $329K | 50x | as long as short |
Backpack HBAR_USDC_PERP
Kraken Futures PF_HBARUSD
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Orderly PERP_HBAR_USDC
Coinbase International HBAR-PERP-INTX
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance HBARUSDT | +0.0100% | 8h | 0.09298 | +0.335% | $34.3M | $111.7M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09299 | +0.345% | $31.8M | $35.8M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09297 | +0.324% | $6.6M | $25.1M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09299 | +0.345% | $2.4M | $2.7M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09297 | +0.324% | $25.1M | $20.0M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09303 | +0.388% | $7.4M | $7.5M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09300 | +0.356% | $17.3M | $15.9M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09298 | +0.335% | — | $6.7M | — | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09262 | −0.055% | $1.0M | $185K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09255 | −0.125% | $370K | $3.1M | 10x | as long as short |
| ApeX Omni HBARUSDTlong | +0.0100% | 1h | 0.09267 | long leg | $150K | $704K | 50x | |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09289 | +0.237% | $431 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09300 | +0.356% | $71K | $70K | 20x | as long as short |
| Phemex HBARUSDTshort | +0.0100% | 8h | 0.09290 | +0.248% | $2.1M | $2.1M | 50x | |
| Extended HBAR-USD | +0.0104% | 1h | 0.09293 | +0.278% | $59K | $221K | 10x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0180% | 1h | 0.09296 | +0.313% | $512K | $178K | 50x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09273 | +0.065% | $1.5M | $5.7M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0359% / S −0.0261% | 1h | 0.09288 | +0.227% | $83K | — | 100x | as long as short |
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
MEXC HBAR_USDT
KuCoin HBARUSDTM
Bitget HBARUSDT
BingX HBAR-USDC
Variational Omni HBAR
GRVT HBAR_USDT_Perp
SoDEX HBAR-USD
HTX HBAR-USDT
Extended HBAR-USD
Deribit HBAR_USDC-PERPETUAL
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]