Funding you earn now, next payment 08:00 UTC−0.0022%/8h= −2.4% APRnext payment −$0.22 per $10,000 · paid last 24h −0.001%
Price spread now: Orderly against Bybit+0.316%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Orderly is 0.316% dearer against Bybit than usual: you sell high and buy low (spread +0.316% now, against zero (this spread has no 7-day history yet)): +$32 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 49 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit HBARUSDT | 0.09180 | 0.0100 | pay 0.0100% / 8h | 5h 55m | $32.6M | $33.9M | 75x |
| Short | Orderly PERP_HBAR_USDC | 0.09209 | 0.0078 | get 0.0078% / 8h | 5h 55m | $2K | $17K | 10x |
Bybit HBARUSDT
Orderly PERP_HBAR_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$4.55
- Price spread: +0.316% → 0.000%
- $31.59
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $10.04
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: Bybit: live order book, 3 min ago; Orderly: no order-book sample. 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 | 10.3 bp −$10 | 18.6 bp −$186 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
HBAR on 27 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 | −0.0049% | 8h | 0.09196 | +0.174% | $7.1M | $7.3M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09215 | +0.386% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09213 | +0.359% | $8K | — | 150x | as long as short |
| Lighter HBAR | +0.0048% | 1h | 0.09181 | +0.011% | $558K | $591K | 5x | as long as short |
| Variational Omni HBAR | +0.0064% | 8h | 0.09219 | +0.425% | $1.0M | $187K | — | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09227 | +0.512% | $225K | $2.1M | 50x | as long as short |
| Gate HBAR_USDT | +0.0067% | 8h | 0.09197 | +0.185% | $2.4M | $2.8M | 75x | as long as short |
| Orderly PERP_HBAR_USDCshort | +0.0078% | 8h | 0.09209 | +0.316% | $2K | $17K | 10x | |
| Binance HBARUSDT | +0.0087% | 8h | 0.09180 | 0.000% | $34.0M | $103.9M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0087% | 8h | 0.09197 | +0.185% | $25.8M | $19.5M | 200x | as long as short |
KuCoin HBARUSDTM
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Lighter HBAR
Variational Omni HBAR
Coinbase International HBAR-PERP-INTX
Gate HBAR_USDT
Binance HBARUSDT
MEXC HBAR_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended HBAR-USD | +0.0088% | 1h | 0.09197 | +0.184% | $51K | $277K | 10x | as long as short |
| Injective HBAR/USDC PERP | +0.0090% | 1h | 0.09282 | +1.111% | $1K | $106K | 12x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09195 | +0.167% | $8.8M | $2.6M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09196 | +0.178% | $210K | $322K | 50x | as long as short |
| Bybit HBARUSDTlong | +0.0100% | 8h | 0.09180 | long leg | $32.6M | $33.9M | 75x | |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09182 | +0.022% | $6.7M | $24.1M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09188 | +0.087% | $17.0M | $14.8M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09190 | +0.109% | — | $6.1M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09202 | +0.240% | $32K | $120K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09197 | +0.180% | $370K | $2.3M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09196 | +0.174% | $147K | $712K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09210 | +0.327% | $428 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09220 | +0.436% | $70K | $66K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09206 | +0.283% | $2.1M | $2.1M | 50x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0184% | 1h | 0.09218 | +0.414% | $508K | $151K | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0205% | 1h | 0.09217 | +0.402% | $1.4M | $2.4M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0346% / S −0.0242% | 1h | 0.09218 | +0.413% | $79K | — | 100x | as long as short |
Extended HBAR-USD
Injective HBAR/USDC PERP
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
Deribit HBAR_USDC-PERPETUAL
Kraken Futures PF_HBARUSD
GMX HBAR/USD [WBTC.b-USDC]