Funding you earn now, next payment 06:00 UTC+0.0140%/8h= +15.3% APRpaid last 24h +0.021%
Price spread now: BloFin against Coinbase International−0.107%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$480.480% of the position
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 4 days (all we have)+0.150%+$15 · spread now −0.107%, 7d avg −0.012%
=Funding pays, the price is against you. BloFin is 0.096% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.107% now, against its 7-day average of −0.012%). If the spread goes back, that is −$10 on $10k: about 2.3 days of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International HBAR-PERP-INTX | 0.09314 | 0.0080 | pay 0.0010% / 1h | 0m 36s | $206K | $2.3M | 50x |
| Short | BloFin HBAR-USDT | 0.09304 | 0.0220 | get 0.0220% / 8h | 1h 00m | $1.5M | $5.7M | 90x |
Coinbase International HBAR-PERP-INTX
BloFin HBAR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Coinbase International. 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
- $29.4
- Price spread: −0.107% → −0.012%
- −$9.56
- Slippage, 4 orders
- −$26
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$28.16
- Costs to cover
- 0.480%
- Break-even
- 13.7 days
Slippage from Coinbase International: live order book, 3 min ago; BloFin: 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 Coinbase International live order book, 3 min ago | 2.14 bp | 10.2 bp −$10 | 16.0 bp −$160 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 5.37 bp | 11.7 bp −$12 | 14.9 bp −$149 | 37.0 bp −$3,704 | 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 | −0.0266% | 1h | 0.09309 | −0.052% | $1.3M | $2.9M | 50x | as long as short |
| Backpack HBAR_USDC_PERP | −0.0199% | 1h | 0.09307 | −0.075% | $35K | $201K | 15x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09311 | −0.030% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09310 | −0.043% | $513K | $178K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0011% | 1h | 0.09309 | −0.049% | $9K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | −0.344% | $1K | $103K | 12x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0078% | 8h | 0.09303 | −0.118% | $4K | $10K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTXlong | +0.0080% | 1h | 0.09314 | long leg | $206K | $2.3M | 50x | |
| Lighter HBAR | +0.0096% | 1h | 0.09309 | −0.054% | $560K | $600K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09320 | +0.060% | $8.7M | $3.7M | 5x | as long as short |
Kraken Futures PF_HBARUSD
Backpack HBAR_USDC_PERP
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Orderly PERP_HBAR_USDC
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 | 0.09314 | −0.004% | $200K | $329K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09309 | −0.054% | $34.2M | $111.3M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09315 | +0.011% | $31.9M | $35.8M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09315 | +0.011% | $6.6M | $25.0M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09317 | +0.032% | $2.4M | $2.7M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09310 | −0.043% | $25.8M | $20.2M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09311 | −0.032% | $7.4M | $7.4M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09313 | −0.011% | $17.2M | $15.9M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09313 | −0.011% | — | $6.7M | — | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09306 | −0.087% | $1.0M | $181K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09320 | +0.064% | $379K | $3.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09337 | +0.247% | $152K | $703K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09305 | −0.097% | $432 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09317 | +0.032% | $71K | $70K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09306 | −0.086% | $2.2M | $2.1M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09310 | −0.039% | $53K | $233K | 10x | as long as short |
| BloFin HBAR-USDTshort | +0.0220% | 8h | 0.09304 | −0.107% | $1.5M | $5.7M | 90x | |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0360% / S −0.0261% | 1h | 0.09307 | −0.077% | $84K | — | 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
BingX HBAR-USDC
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]