Funding you earn now, next payment 08:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.007%
Price spread now: Deribit against BloFin+0.116%7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$380.384% of the position
Funding, last 7 days−0.223%−$22 on $10k
+Price spread, last 4 days (all we have)−0.078%−$8 · spread now +0.116%, 7d avg +0.068%
=The price spread pays, funding is against you. Deribit is 0.048% dearer against BloFin than usual: you sell high and buy low (spread +0.116% now, against its 7-day average of +0.068%): +$5 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 18 hours. At the pace of the last 7 days (−0.223% in total) that is about 36 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin HBAR-USDT | 0.09464 | 0.0220 | pay 0.0220% / 8h | 13m 10s | $1.5M | $5.8M | 90x |
| Short | Deribit HBAR_USDC-PERPETUAL | 0.09475 | 0 | get 0.0000% / 1h | 13m 10s | $522K | $178K | 50x |
BloFin HBAR-USDT
Deribit HBAR_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against BloFin. 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
- −$46.2
- Price spread: +0.116% → +0.068%
- $4.83
- Slippage, 4 orders
- −$19.35
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$79.72
- Costs to cover
- 0.384%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 6 min ago; Deribit: live order book, 26 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 BloFin live order book, 6 min ago | 2.10 bp | 9.1 bp −$9 | 12.8 bp −$128 | 44.6 bp −$4,462 | doesn't fit |
| Sell Deribit live order book, 26 min ago | 5.87 bp | 9.4 bp −$9 | 14.9 bp −$149 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_HBARUSD | −0.0144% | 1h | 0.09476 | +0.126% | $1.3M | $3.0M | 50x | as long as short |
| Deribit HBAR_USDC-PERPETUALshort | 0.0000% | 1h | 0.09475 | +0.116% | $522K | $178K | 50x | |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0008% | 1h | 0.09474 | +0.107% | $11K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | −1.923% | $1K | $103K | 12x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0080% | 1h | 0.09477 | +0.137% | $219K | $2.5M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0080% | 8h | 0.09468 | +0.042% | $2K | $12K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09470 | +0.063% | $569K | $601K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09489 | +0.267% | $8.8M | $3.6M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09473 | +0.100% | $204K | $323K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09467 | +0.032% | $35.3M | $112.7M | 75x | as long as short |
Kraken Futures PF_HBARUSD
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Coinbase International HBAR-PERP-INTX
Orderly PERP_HBAR_USDC
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Binance HBARUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit HBARUSDT | +0.0100% | 8h | 0.09469 | +0.053% | $32.7M | $36.4M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09467 | +0.032% | $6.7M | $25.6M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09475 | +0.116% | $2.5M | $2.8M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09469 | +0.053% | $26.3M | $20.2M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09473 | +0.095% | $7.6M | $7.4M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09465 | +0.011% | $17.4M | $16.5M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09471 | +0.074% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09511 | +0.497% | $36K | $199K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09473 | +0.095% | $1.0M | $178K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09494 | +0.320% | $388K | $3.2M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09493 | +0.306% | $154K | $701K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09469 | +0.053% | $440 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09498 | +0.359% | $72K | $72K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09470 | +0.063% | $2.4M | $2.4M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09466 | +0.020% | $49K | $305K | 10x | as long as short |
| BloFin HBAR-USDTlong | +0.0220% | 8h | 0.09464 | long leg | $1.5M | $5.8M | 90x | |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0365% / S −0.0262% | 1h | 0.09493 | +0.302% | $86K | — | 100x | as long as short |
| dYdX HBAR-USD | +0.1945% | 1h | 0.09493 | +0.308% | $31K | $9K | 5x | as long as short |
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
MEXC HBAR_USDT
KuCoin HBARUSDTM
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
GMX HBAR/USD [WBTC.b-USDC]
dYdX HBAR-USD