Funding you earn now, next payment 06:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.010%
Price spread now: Deribit against BingX+0.066%7-day average +0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$380.380% of the position
Funding, last 7 days−0.062%−$6 on $10k
+Price spread, last 4 days (all we have)−0.028%−$3 · spread now +0.066%, 7d avg +0.085%
=The price spread sits at its 7-day average of +0.085%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX HBAR-USDT | 0.09157 | 0.0100 | pay 0.0100% / 8h | 2h 33m | — | $6.7M | — |
| Short | Deribit HBAR_USDC-PERPETUAL | 0.09163 | 0 | get 0.0000% / 1h | 33m 15s | $505K | $192K | 50x |
BingX HBAR-USDT
Deribit HBAR_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against BingX. 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
- −$21
- Price spread: +0.066% → +0.085%
- −$1.93
- Slippage, 4 orders
- −$21.01
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$60.94
- Costs to cover
- 0.380%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; Deribit: live order book, 15 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 BingX live order book, 4 min ago | 1.63 bp | 9.6 bp −$10 | 17.8 bp −$178 | 53.1 bp −$5,312 | 352.0 bp −$176.0K |
| Sell Deribit live order book, 15 min ago | 5.96 bp | 9.5 bp −$9 | doesn't fit | 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 | −0.0195% | 1h | 0.09178 | +0.229% | $32K | $203K | 15x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09167 | +0.104% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUALshort | 0.0000% | 1h | 0.09163 | +0.066% | $505K | $192K | 50x | |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0011% | 1h | 0.09160 | +0.030% | $9K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | +1.365% | $1K | $103K | 12x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0078% | 8h | 0.09154 | −0.033% | $2K | $14K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0088% | 1h | 0.09230 | +0.797% | $220K | $2.3M | 50x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09161 | +0.044% | $553K | $611K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09169 | +0.134% | $8.6M | $3.6M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09163 | +0.064% | $197K | $335K | 50x | as long as short |
Backpack HBAR_USDC_PERP
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 | 0.09166 | +0.098% | $33.7M | $111.1M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09158 | +0.011% | $31.9M | $35.5M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09157 | 0.000% | $6.5M | $25.1M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09156 | −0.011% | $2.4M | $2.7M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09154 | −0.033% | $24.9M | $19.5M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09158 | +0.011% | $7.3M | $7.5M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09160 | +0.033% | $16.9M | $15.8M | 75x | as long as short |
| BingX HBAR-USDTlong | +0.0100% | 8h | 0.09157 | long leg | — | $6.7M | — | |
| Variational Omni HBAR | +0.0100% | 8h | 0.09199 | +0.459% | $1.0M | $188K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09202 | +0.491% | $372K | $2.9M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09226 | +0.754% | $150K | $709K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09158 | +0.011% | $425 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09178 | +0.229% | $69K | $69K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09164 | +0.076% | $2.1M | $2.2M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09151 | −0.063% | $47K | $230K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09164 | +0.076% | $1.4M | $5.6M | 90x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0248% | 1h | 0.09164 | +0.078% | $1.3M | $3.0M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0614% / S −0.0663% | 1h | 0.09159 | +0.024% | $155K | — | 100x | as long as short |
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
MEXC HBAR_USDT
KuCoin HBARUSDTM
Bitget HBARUSDT
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]