Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.012%
Price spread now: Gate against Backpack−0.021%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$520.520% of the position
Funding, last 7 days+0.205%+$20 on $10k
+Price spread, last 4 days (all we have)+0.060%+$6 · spread now −0.021%, 7d avg −0.017%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack HBAR_USDC_PERP | 0.09307 | 0.0100 | pay 0.0013% / 1h | 9m 59s | $36K | $201K | 15x |
| Short | Gate HBAR_USDT | 0.09305 | 0.0100 | get 0.0100% / 8h | 3h 09m | $2.4M | $2.7M | 75x |
Backpack HBAR_USDC_PERP
Gate HBAR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Backpack. 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: −0.021% → −0.017%
- −$0.45
- Slippage, 4 orders
- −$27.02
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$52.47
- Costs to cover
- 0.520%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 43 min ago; Gate: live order book, 3 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 Backpack live order book, 43 min ago | 1.06 bp | 8.4 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 3.74 bp | 17.0 bp −$17 | 47.2 bp −$472 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX HBAR-USD | 0.0000% | 1h | 0.09339 | +0.341% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09313 | +0.064% | $513K | $190K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0011% | 1h | 0.09309 | +0.018% | $9K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | −0.269% | $1K | $105K | 12x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0080% | 1h | 0.09320 | +0.140% | $230K | $2.3M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0080% | 8h | 0.09309 | +0.021% | $2K | $14K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09311 | +0.043% | $562K | $619K | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09307 | +0.001% | $200K | $335K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09302 | −0.052% | $34.4M | $111.0M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09302 | −0.054% | $32.8M | $35.4M | 75x | as long as short |
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Coinbase International HBAR-PERP-INTX
Orderly PERP_HBAR_USDC
Lighter HBAR
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09304 | −0.032% | $6.6M | $25.6M | 50x | as long as short |
| Gate HBAR_USDTshort | +0.0100% | 8h | 0.09305 | −0.021% | $2.4M | $2.7M | 75x | |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09304 | −0.032% | $25.6M | $19.9M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09307 | 0.000% | $7.5M | $7.4M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09306 | −0.011% | $17.1M | $15.7M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09303 | −0.043% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERPlong | +0.0100% | 1h | 0.09307 | long leg | $36K | $201K | 15x | |
| Variational Omni HBAR | +0.0100% | 8h | 0.09341 | +0.363% | $1.0M | $188K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09356 | +0.530% | $384K | $2.8M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09362 | +0.591% | $151K | $713K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09311 | +0.043% | $432 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09326 | +0.204% | $71K | $68K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09315 | +0.086% | $2.1M | $2.2M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09298 | −0.093% | $48K | $246K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09345 | +0.408% | $1.5M | $5.6M | 90x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0361% | 1h | 0.09314 | +0.070% | $1.3M | $3.0M | 50x | as long as short |
| Hyperliquid HBAR | +0.0597% | 1h | 0.09320 | +0.145% | $9.4M | $3.3M | 5x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0620% / S −0.0663% | 1h | 0.09308 | +0.009% | $158K | — | 100x | as long as short |
OKX HBAR-USDT-SWAP
MEXC HBAR_USDT
KuCoin HBARUSDTM
Bitget HBARUSDT
BingX HBAR-USDC
Variational Omni HBAR
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
BloFin HBAR-USDT
Kraken Futures PF_HBARUSD
Hyperliquid HBAR
GMX HBAR/USD [WBTC.b-USDC]