Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%
Price spread now: SoDEX against Backpack−0.227%50s7-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—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.227% cheaper against Backpack than usual: you would sell low and buy high, −$23 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 50 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 | Backpack HBAR_USDC_PERP | 0.09251 | 0.0100 | pay 0.0013% / 1h | 45m 19s | $37K | $118K | 15x |
| Short | SoDEX HBAR-USD | 0.09230 | 0.0100 | get 0.0013% / 1h | 45m 19s | $428 | $5K | 5x |
Backpack HBAR_USDC_PERP
SoDEX HBAR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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: −0.227% → 0.000%
- −$22.7
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$40.7
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Backpack: live order book, 23 min ago; SoDEX: no order-book sample. 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 Backpack live order book, 23 min ago | 1.07 bp | 7.5 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
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 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni HBARUSDT | −0.0091% | 1h | 0.09264 | +0.141% | $148K | $724K | 50x | as long as short |
| KuCoin HBARUSDTM | −0.0077% | 8h | 0.09236 | −0.162% | $7.3M | $7.4M | 75x | as long as short |
| Lighter HBAR | −0.0016% | 1h | 0.09225 | −0.281% | $558K | $583K | 5x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09246 | −0.059% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09237 | −0.151% | $509K | $154K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09234 | −0.188% | $8K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | +0.335% | $1K | $106K | 12x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09263 | +0.130% | $227K | $2.1M | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0069% | 1h | 0.09236 | −0.165% | $1.4M | $2.4M | 50x | as long as short |
| MEXC HBAR_USDT | +0.0071% | 8h | 0.09233 | −0.195% | $26.4M | $21.7M | 200x | as long as short |
ApeX Omni HBARUSDT
KuCoin HBARUSDTM
Lighter HBAR
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Coinbase International HBAR-PERP-INTX
Kraken Futures PF_HBARUSD
MEXC HBAR_USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance HBARUSDT | +0.0071% | 8h | 0.09230 | −0.227% | $34.4M | $104.3M | 75x | as long as short |
| Extended HBAR-USD | +0.0072% | 1h | 0.09230 | −0.226% | $47K | $278K | 10x | as long as short |
| Gate HBAR_USDT | +0.0072% | 8h | 0.09234 | −0.184% | $2.4M | $3.0M | 75x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0072% | 8h | 0.09270 | +0.201% | $377K | $2.2M | 10x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0074% | 8h | 0.09230 | −0.227% | $2K | $17K | 10x | as long as short |
| Variational Omni HBAR | +0.0075% | 8h | 0.09246 | −0.053% | $1.0M | $186K | — | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09245 | −0.065% | $8.9M | $2.7M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09233 | −0.197% | $211K | $346K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09232 | −0.205% | $32.8M | $34.9M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09233 | −0.195% | $6.7M | $24.6M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09233 | −0.195% | $17.1M | $14.8M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09231 | −0.216% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERPlong | +0.0100% | 1h | 0.09251 | long leg | $37K | $118K | 15x | |
| SoDEX HBAR-USDshort | +0.0100% | 1h | 0.09230 | −0.227% | $428 | $5K | 5x | |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09260 | +0.097% | $71K | $66K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09232 | −0.205% | $2.2M | $2.1M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0191% | 8h | 0.09272 | +0.227% | $1.5M | $5.5M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0487% / S −0.0549% | 1h | 0.09234 | −0.188% | $114K | — | 100x | as long as short |
Binance HBARUSDT
Extended HBAR-USD
Gate HBAR_USDT
GRVT HBAR_USDT_Perp
Orderly PERP_HBAR_USDC
Variational Omni HBAR
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDC
HTX HBAR-USDT
Phemex HBARUSDT
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]