Funding you earn now, next payment 00:00 UTC−0.0117%/8h= −12.8% APRnext payment −$1.17 per $10,000 · paid last 24h +0.009%
Price spread now: Gate against BingX−0.011%7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$530.525% of the position
Funding, last 7 days−0.025%−$2 on $10k
+Price spread, last 7 days+0.058%+$6 · spread now −0.011%, 7d avg +0.016%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Gate is 0.027% cheaper against BingX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.016%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX HBAR-USDT | 0.09260 | 0.0100 | pay 0.0100% / 8h | 2h 21m | — | $5.8M | — |
| Short | Gate HBAR_USDT | 0.09259 | −0.0017 | pay 0.0017% / 8h | 2h 21m | $2.4M | $3.5M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$24.57
- Price spread: −0.011% → +0.016%
- −$2.7
- Slippage, 4 orders
- −$27.52
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$79.78
- Costs to cover
- 0.525%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; Gate: live order book, 1 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, 9 min ago | 2.18 bp | 8.1 bp −$8 | 13.2 bp −$132 | 52.1 bp −$5,211 | 322.7 bp −$161.3K |
| Sell Gate live order book, 1 min ago | 3.79 bp | 17.1 bp −$17 | 57.3 bp −$573 | 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 | −0.0027% | 8h | 0.09260 | 0.000% | $7.4M | $7.9M | 75x | as long as short |
| Gate HBAR_USDTshort | −0.0017% | 8h | 0.09259 | −0.011% | $2.4M | $3.5M | 75x | |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09262 | +0.022% | $510K | $150K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09257 | −0.034% | $8K | — | 150x | as long as short |
| Variational Omni HBAR | +0.0052% | 8h | 0.09240 | −0.219% | $1.0M | $197K | — | as long as short |
| Extended HBAR-USD | +0.0064% | 1h | 0.09258 | −0.022% | $51K | $210K | 10x | as long as short |
| MEXC HBAR_USDT | +0.0064% | 8h | 0.09259 | −0.011% | $24.0M | $22.7M | 200x | as long as short |
| Binance HBARUSDT | +0.0066% | 8h | 0.09261 | +0.006% | $34.8M | $110.7M | 75x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0072% | 1h | 0.09260 | 0.000% | $222K | $2.2M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09254 | −0.065% | $2K | $18K | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack HBAR_USDC_PERP | +0.0088% | 1h | 0.09258 | −0.022% | $31K | $102K | 15x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09260 | 0.000% | $569K | $590K | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09261 | +0.008% | $211K | $429K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09260 | 0.000% | $33.2M | $37.0M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09258 | −0.022% | $6.9M | $24.8M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09263 | +0.032% | $17.0M | $14.9M | 75x | as long as short |
| BingX HBAR-USDTlong | +0.0100% | 8h | 0.09260 | long leg | — | $5.8M | — | |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09226 | −0.367% | $376K | $2.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09230 | −0.324% | $148K | $707K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09255 | −0.054% | $430 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09259 | −0.011% | $73K | $53K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09254 | −0.065% | $2.2M | $2.2M | 50x | as long as short |
| Hyperliquid HBAR | +0.0101% | 1h | 0.09276 | +0.170% | $8.9M | $2.9M | 5x | as long as short |
| BloFin HBAR-USDT | +0.0183% | 8h | 0.09236 | −0.259% | $1.4M | $5.6M | 90x | as long as short |
| Injective HBAR/USDC PERP | +0.0311% | 1h | 0.09234 | −0.281% | $2K | $112K | 12x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0381% | 1h | 0.09263 | +0.031% | $1.4M | $2.4M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0446% / S −0.0478% | 1h | 0.09259 | −0.008% | $104K | — | 100x | as long as short |
| dYdX HBAR-USD | +0.3406% | 1h | 0.09257 | −0.032% | $30K | $4K | 5x | as long as short |
BingX HBAR-USDT
Gate HBAR_USDT
KuCoin HBARUSDTM
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Variational Omni HBAR
Extended HBAR-USD
MEXC HBAR_USDT
Binance HBARUSDT
Coinbase International HBAR-PERP-INTX
Backpack HBAR_USDC_PERP
Lighter HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Hyperliquid HBAR
BloFin HBAR-USDT
Injective HBAR/USDC PERP
Kraken Futures PF_HBARUSD
GMX HBAR/USD [WBTC.b-USDC]