Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against Bitget+0.135%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$710.714% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.236%−$24 · spread now +0.135%, 7d avg +0.009%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.126% dearer against Bitget than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget HBARUSDT | 0.09627 | 0.0100 | pay 0.0100% / 8h | 6h 54m | $18.2M | $18.3M | 75x |
| Short | Phemex HBARUSDT | 0.09640 | 0.0100 | get 0.0100% / 8h | 6h 54m | $2.5M | $3.3M | 50x |
Bitget HBARUSDT
Phemex HBARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Bitget. 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: +0.135% → +0.009%
- $12.57
- Slippage, 4 orders
- −$47.45
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$58.88
- Costs to cover
- 0.714%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; Phemex: live order book, 4 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 Bitget live order book, 4 min ago | 1.54 bp | 13.6 bp −$14 | 27.5 bp −$275 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 4 min ago | 4.64 bp | 20.5 bp −$20 | 36.3 bp −$363 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0008% | 1h | 0.09730 | +1.073% | $11K | — | 150x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0061% | 1h | 0.09646 | +0.197% | $531K | $176K | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0090% | 8h | 0.09646 | +0.197% | $1K | $11K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09619 | −0.083% | $580K | $587K | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09635 | +0.081% | $230K | $351K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09625 | −0.021% | $37.1M | $115.0M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09625 | −0.021% | $34.0M | $38.0M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09624 | −0.031% | $6.8M | $27.6M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09625 | −0.021% | $2.5M | $2.9M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09627 | 0.000% | $27.6M | $20.1M | 200x | as long as short |
gTrade (Gains Network) HBAR/USD
Deribit HBAR_USDC-PERPETUAL
Orderly PERP_HBAR_USDC
Lighter HBAR
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
MEXC HBAR_USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09631 | +0.042% | $7.5M | $7.4M | 75x | as long as short |
| Bitget HBARUSDTlong | +0.0100% | 8h | 0.09627 | long leg | $18.2M | $18.3M | 75x | |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09627 | 0.000% | — | $6.8M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09628 | +0.010% | $38K | $199K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09683 | +0.578% | $1.1M | $171K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09732 | +1.091% | $391K | $3.5M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09737 | +1.143% | $158K | $696K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09638 | +0.114% | $447 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09675 | +0.499% | $74K | $75K | 20x | as long as short |
| Phemex HBARUSDTshort | +0.0100% | 8h | 0.09640 | +0.135% | $2.5M | $3.3M | 50x | |
| Hyperliquid HBAR | +0.0101% | 1h | 0.09640 | +0.135% | $9.0M | $4.0M | 5x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09623 | −0.041% | $52K | $303K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0144% | 1h | 0.09649 | +0.229% | $222K | $2.9M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09632 | +0.052% | $1.6M | $6.0M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0374% / S −0.0376% | 1h | 0.09643 | +0.169% | $79K | — | 100x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0887% | 1h | 0.09646 | +0.195% | $1.4M | $3.5M | 50x | as long as short |
| dYdX HBAR-USD | +0.1309% | 1h | 0.09658 | +0.327% | $39K | $18K | 5x | as long as short |
| Injective HBAR/USDC PERP | +0.1373% | 1h | 0.09716 | +0.924% | $1K | $98K | 12x | as long as short |
KuCoin HBARUSDTM
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
Variational Omni HBAR
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Hyperliquid HBAR
Extended HBAR-USD
Coinbase International HBAR-PERP-INTX
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]
Kraken Futures PF_HBARUSD
dYdX HBAR-USD
Injective HBAR/USDC PERP