Funding you earn now, next payment 05:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.347%
Price spread now: Injective against Binance−1.817%117s7-day average −0.085% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.789%−$79 on $10k
+Price spread, last 4 days (all we have)+1.328%+$133 · spread now −1.817%, 7d avg −0.085%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 1.732% cheaper against Binance than usual: you would sell low and buy high (−$173 if the spread goes back to its 7-day average of −0.085%). Swap the legs. The two prices were read 117 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 | 0.09454 | 0.0100 | pay 0.0100% / 8h | 3h 27m | $35.1M | $109.5M | 75x |
| Short | Injective HBAR/USDC PERP | 0.09282 | 0.0033 | get 0.0004% / 1h | 27m 23s | $1K | $105K | 12x |
Binance HBARUSDT
Injective HBAR/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$14
- Price spread: −1.817% → −0.085%
- −$173.2
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$197.22
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, just now; Injective: 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 Binance live order book, just now | 0.53 bp | 7.4 bp −$7 | 15.0 bp −$150 | 52.7 bp −$5,272 | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX HBAR-USD | 0.0000% | 1h | 0.09454 | +0.003% | $31K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09458 | +0.044% | $521K | $190K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0011% | 1h | 0.09454 | +0.006% | $9K | — | 150x | as long as short |
| Injective HBAR/USDC PERPshort | +0.0033% | 1h | 0.09282 | −1.817% | $1K | $105K | 12x | |
| Orderly PERP_HBAR_USDC | +0.0080% | 8h | 0.09452 | −0.019% | $2K | $14K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0080% | 1h | 0.09449 | −0.051% | $230K | $2.3M | 50x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09456 | +0.023% | $570K | $616K | 5x | as long as short |
| KuCoin HBARUSDTM | +0.0097% | 8h | 0.09453 | −0.009% | $7.6M | $7.4M | 75x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09458 | +0.041% | $203K | $336K | 50x | as long as short |
| Binance HBARUSDTlong | +0.0100% | 8h | 0.09454 | long leg | $35.1M | $109.5M | 75x |
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Orderly PERP_HBAR_USDC
Coinbase International HBAR-PERP-INTX
Lighter HBAR
KuCoin HBARUSDTM
Aster HBARUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit HBARUSDT | +0.0100% | 8h | 0.09454 | +0.002% | $33.4M | $35.1M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09456 | +0.023% | $6.7M | $25.9M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09453 | −0.009% | $2.4M | $2.7M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09454 | +0.002% | $26.3M | $19.7M | 200x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09454 | +0.002% | $17.3M | $15.5M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09455 | +0.013% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09452 | −0.019% | $38K | $201K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09510 | +0.593% | $1.1M | $187K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09478 | +0.261% | $386K | $2.7M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09513 | +0.626% | $155K | $711K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09457 | +0.034% | $439 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09475 | +0.224% | $72K | $68K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09454 | +0.002% | $2.2M | $2.2M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09451 | −0.027% | $50K | $273K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09469 | +0.161% | $1.5M | $5.6M | 90x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0355% | 1h | 0.09459 | +0.057% | $1.4M | $2.9M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0564% / S −0.0568% | 1h | 0.09454 | +0.004% | $143K | — | 100x | as long as short |
| Hyperliquid HBAR | +0.0635% | 1h | 0.09470 | +0.177% | $9.5M | $3.3M | 5x | as long as short |
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
MEXC HBAR_USDT
Bitget HBARUSDT
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
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
GMX HBAR/USD [WBTC.b-USDC]
Hyperliquid HBAR