Funding you earn now, next payment 01:00 UTC+0.0014%/8h= +1.5% APRpaid last 24h +0.015%
Price spread now: ApeX Omni against Binance−0.610%69s7-day average +0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as 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−$400.396% of the position
Funding, last 7 days+0.062%+$6 on $10k
+Price spread, last 3 days (all we have)+0.655%+$66 · spread now −0.610%, 7d avg +0.044%
=Funding pays, the price is against you. ApeX Omni is 0.654% cheaper against Binance than usual: you would sell low and buy high (spread −0.610% now, against its 7-day average of +0.044%). If the spread goes back, that is −$65 on $10k: about 5 months of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.062% in total) that is about 2 months. The two prices were read 69 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 | Binance HBARUSDT | 0.09348 | 0.0075 | pay 0.0075% / 8h | 7h 26m | $35.1M | $108.5M | 75x |
| Short | ApeX Omni HBARUSDT | 0.09291 | 0.0088 | get 0.0011% / 1h | 26m 21s | $149K | $718K | 50x |
Binance HBARUSDT
ApeX Omni HBARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Binance. 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
- $2.91
- Price spread: −0.610% → +0.044%
- −$65.4
- Slippage, 4 orders
- −$19.55
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$102.05
- Costs to cover
- 0.396%
- Break-even
- 252.6 days
Slippage from Binance: live order book, 2 min ago; ApeX Omni: live order book, 47 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 Binance live order book, 2 min ago | 0.54 bp | 9.0 bp −$9 | 15.2 bp −$152 | 59.9 bp −$5,992 | doesn't fit |
| Sell ApeX Omni live order book, 47 min ago | 4.32 bp | 11.7 bp −$12 | 83.2 bp −$832 | 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 | 0.09331 | −0.182% | $7.4M | $7.7M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09332 | −0.169% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09350 | +0.023% | $8K | — | 150x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0028% | 8h | 0.09312 | −0.388% | $379K | $2.2M | 10x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09267 | −0.867% | $1K | $106K | 12x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0056% | 1h | 0.09322 | −0.278% | $228K | $2.3M | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0057% | 1h | 0.09323 | −0.272% | $1.4M | $2.3M | 50x | as long as short |
| Extended HBAR-USD | +0.0072% | 1h | 0.09329 | −0.207% | $53K | $332K | 10x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0072% | 1h | 0.09325 | −0.246% | $513K | $166K | 50x | as long as short |
| Variational Omni HBAR | +0.0074% | 8h | 0.09339 | −0.097% | $1.0M | $191K | — | 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
Deribit HBAR_USDC-PERPETUAL
Variational Omni HBARShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC HBAR_USDT | +0.0074% | 8h | 0.09339 | −0.096% | $26.6M | $22.4M | 200x | as long as short |
| Binance HBARUSDTlong | +0.0075% | 8h | 0.09348 | long leg | $35.1M | $108.5M | 75x | |
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09346 | −0.021% | $2K | $17K | 10x | as long as short |
| ApeX Omni HBARUSDTshort | +0.0088% | 1h | 0.09291 | −0.610% | $149K | $718K | 50x | |
| Lighter HBAR | +0.0096% | 1h | 0.09325 | −0.246% | $571K | $553K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09347 | −0.014% | $8.9M | $2.8M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09333 | −0.161% | $213K | $407K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09346 | −0.021% | $33.2M | $35.8M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09348 | 0.000% | $6.9M | $25.2M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09341 | −0.075% | $2.4M | $3.4M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09353 | +0.053% | $17.4M | $14.9M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09347 | −0.011% | — | $5.9M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09320 | −0.300% | $32K | $106K | 15x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09315 | −0.353% | $432 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09335 | −0.139% | $74K | $60K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09318 | −0.321% | $2.2M | $2.1M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0195% | 8h | 0.09318 | −0.321% | $1.5M | $5.6M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0495% / S −0.0463% | 1h | 0.09351 | +0.032% | $124K | — | 100x | as long as short |
MEXC HBAR_USDT
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]