Funding you earn now, next payment 00:00 UTC+0.0142%/8h= +15.5% APRpaid last 24h −0.604%
Price spread now: Injective against Bybit−0.011%7-day average −0.084% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.785%−$79 on $10k
+Price spread, last 3 days (all we have)−0.468%−$47 · spread now −0.011%, 7d avg −0.084%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Injective is 0.073% dearer against Bybit than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.084%. Mind the row above: over the last 7 days funding on this pair cost −0.785%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit HBARUSDT | 0.09268 | 0.0100 | pay 0.0100% / 8h | 21m 00s | $33.0M | $36.7M | 75x |
| Short | Injective HBAR/USDC PERP | 0.09267 | 0.0242 | get 0.0030% / 1h | 21m 00s | $1K | $112K | 12x |
Bybit HBARUSDT
Injective HBAR/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Bybit. 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
- $29.82
- Price spread: −0.011% → −0.084%
- $7.27
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $26.07
- Costs to cover
- 0.110%
- Break-even
- 0.9 days
Slippage unknown: Bybit: live order book, 3 min ago; Injective: live order book, 53 min ago. Net counts fees only.
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 Bybit live order book, 3 min ago | 0.54 bp | 10.1 bp −$10 | 19.8 bp −$198 | 69.8 bp −$6,983 | doesn't fit |
| Sell Injective live order book, 53 min ago | 54.85 bp | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HBARUSDTM | −0.0055% | 8h | 0.09260 | −0.086% | $7.4M | $7.8M | 75x | as long as short |
| Gate HBAR_USDT | −0.0033% | 8h | 0.09265 | −0.032% | $2.4M | $3.6M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09273 | +0.051% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09260 | −0.086% | $510K | $166K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09259 | −0.093% | $8K | — | 150x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09262 | −0.065% | $221K | $2.2M | 50x | as long as short |
| Variational Omni HBAR | +0.0081% | 8h | 0.09259 | −0.094% | $1.0M | $199K | — | as long as short |
| Orderly PERP_HBAR_USDC | +0.0083% | 8h | 0.09251 | −0.183% | $2K | $17K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09254 | −0.151% | $568K | $591K | 5x | as long as short |
| Extended HBAR-USD | +0.0096% | 1h | 0.09260 | −0.084% | $51K | $218K | 10x | as long as short |
KuCoin HBARUSDTM
Gate HBAR_USDT
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Coinbase International HBAR-PERP-INTX
Variational Omni HBAR
Orderly PERP_HBAR_USDC
Lighter HBAR
Extended HBAR-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC HBAR_USDT | +0.0097% | 8h | 0.09266 | −0.022% | $26.0M | $22.5M | 200x | as long as short |
| Binance HBARUSDT | +0.0097% | 8h | 0.09268 | 0.000% | $34.8M | $109.8M | 75x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09272 | +0.045% | $8.8M | $2.9M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09267 | −0.007% | $211K | $429K | 50x | as long as short |
| Bybit HBARUSDTlong | +0.0100% | 8h | 0.09268 | long leg | $33.0M | $36.7M | 75x | |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09267 | −0.011% | $6.8M | $25.1M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09266 | −0.022% | $17.1M | $14.9M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09269 | +0.011% | — | $6.0M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09261 | −0.076% | $34K | $102K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09248 | −0.213% | $377K | $2.2M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09247 | −0.227% | $148K | $708K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09252 | −0.173% | $429 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09276 | +0.086% | $73K | $53K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09253 | −0.162% | $2.2M | $2.2M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0217% | 8h | 0.09256 | −0.129% | $1.5M | $5.8M | 90x | as long as short |
| Injective HBAR/USDC PERPshort | +0.0242% | 1h | 0.09267 | −0.011% | $1K | $112K | 12x | |
| Kraken Futures PF_HBARUSD | +0.0414% | 1h | 0.09260 | −0.088% | $1.4M | $2.3M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0448% / S −0.0478% | 1h | 0.09260 | −0.086% | $104K | — | 100x | as long as short |
MEXC HBAR_USDT
Binance HBARUSDT
Hyperliquid HBAR
Aster HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDT
Backpack HBAR_USDC_PERP
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
BloFin HBAR-USDT
Kraken Futures PF_HBARUSD
GMX HBAR/USD [WBTC.b-USDC]