Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.011%
Price spread now: Phemex against BingX+0.011%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$530.527% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 4 days (all we have)−0.039%−$4 · spread now +0.011%, 7d avg +0.018%
=| 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 30m | — | $6.7M | — |
| Short | Phemex HBARUSDT | 0.09158 | 0.0100 | get 0.0100% / 8h | 2h 30m | $2.1M | $2.2M | 50x |
BingX HBAR-USDT
Phemex HBARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: +0.011% → +0.018%
- −$0.71
- Slippage, 4 orders
- −$30.68
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$53.39
- Costs to cover
- 0.527%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; Phemex: live order book, 3 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, 7 min ago | 1.63 bp | 9.6 bp −$10 | 17.8 bp −$178 | 53.1 bp −$5,312 | 352.0 bp −$176.0K |
| Sell Phemex live order book, 3 min ago | 3.27 bp | 21.8 bp −$22 | 41.6 bp −$416 | 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 | −0.0265% | 1h | 0.09161 | +0.044% | $32K | $203K | 15x | as long as short |
| ApeX Omni HBARUSDT | −0.0015% | 1h | 0.09162 | +0.055% | $149K | $709K | 50x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09157 | −0.004% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0011% | 1h | 0.09161 | +0.041% | $9K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | +1.365% | $1K | $103K | 12x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0077% | 1h | 0.09165 | +0.087% | $505K | $192K | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0078% | 8h | 0.09155 | −0.022% | $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 | 0.09158 | +0.011% | $552K | $611K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09167 | +0.114% | $8.6M | $3.6M | 5x | as long as short |
Backpack HBAR_USDC_PERP
ApeX Omni HBARUSDT
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Deribit HBAR_USDC-PERPETUAL
Orderly PERP_HBAR_USDC
Coinbase International HBAR-PERP-INTX
Lighter HBAR
Hyperliquid HBARShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HBARUSDT | +0.0100% | 8h | 0.09163 | +0.063% | $197K | $335K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09156 | −0.014% | $33.6M | $111.3M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09159 | +0.022% | $31.8M | $35.6M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09159 | +0.022% | $6.5M | $25.1M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09155 | −0.022% | $2.4M | $2.7M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09158 | +0.011% | $24.8M | $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 | 0.09159 | +0.022% | $16.8M | $15.9M | 75x | as long as short |
| BingX HBAR-USDTlong | +0.0100% | 8h | 0.09157 | long leg | — | $6.7M | — | |
| Variational Omni HBAR | +0.0100% | 8h | 0.09149 | −0.086% | $1.0M | $188K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09156 | −0.016% | $372K | $2.9M | 10x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09156 | −0.011% | $425 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09164 | +0.076% | $69K | $69K | 20x | as long as short |
| Phemex HBARUSDTshort | +0.0100% | 8h | 0.09158 | +0.011% | $2.1M | $2.2M | 50x | |
| Extended HBAR-USD | +0.0104% | 1h | 0.09154 | −0.036% | $47K | $230K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09153 | −0.044% | $1.4M | $5.6M | 90x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0248% | 1h | 0.09162 | +0.059% | $1.3M | $3.0M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0616% / S −0.0666% | 1h | 0.09161 | +0.046% | $156K | — | 100x | as long as short |
Aster HBARUSDT
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
SoDEX HBAR-USD
HTX HBAR-USDT
Extended HBAR-USD
BloFin HBAR-USDT
Kraken Futures PF_HBARUSD
GMX HBAR/USD [WBTC.b-USDC]