Funding you earn now, next payment 08:00 UTC+0.0012%/8h= +1.3% APRpaid last 24h −0.005%
Price spread now: Variational Omni against Coinbase International−0.105%58s7-day average −0.047% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.049%−$5 on $10k
+Price spread, last 4 days (all we have)−0.097%−$10 · spread now −0.105%, 7d avg −0.047%
=Together, before fees−0.145%+ Points / potential airdropVariational Omni: Active · farm board−$15 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.058% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.105% now, against its 7-day average of −0.047%). If the spread goes back, that is −$6 on $10k: about 16 days of funding at the current rate ($0 a day). The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International HBAR-PERP-INTX | 0.09588 | 0.0088 | pay 0.0011% / 1h | 38m 21s | $235K | $2.7M | 50x |
| Short | Variational Omni HBAR | 0.09578 | 0.0100 | get 0.0100% / 8h | 7h 38m | $1.1M | $179K | — |
Coinbase International HBAR-PERP-INTX
Variational Omni HBARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- $2.52
- Price spread: −0.105% → −0.047%
- −$5.84
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$13.32
- Costs to cover
- 0.100%
- Break-even
- 44.0 days
Slippage unknown: Coinbase International: live order book, 5 min ago; Variational Omni: RFQ quote, 1 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 Coinbase International live order book, 5 min ago | 4.18 bp | 13.2 bp −$13 | 21.1 bp −$211 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 1 min ago | 4.17 bp | doesn't fit | 18.8 bp −$188 | 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 | 0.09604 | +0.167% | $11K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | −3.191% | $1K | $96K | 12x | as long as short |
| Gate HBAR_USDT | +0.0074% | 8h | 0.09599 | +0.115% | $2.5M | $2.8M | 75x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0087% | 8h | 0.09599 | +0.115% | $2K | $11K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTXlong | +0.0088% | 1h | 0.09588 | long leg | $235K | $2.7M | 50x | |
| Lighter HBAR | +0.0096% | 1h | 0.09584 | −0.042% | $574K | $603K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09608 | +0.212% | $9.0M | $3.8M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09606 | +0.191% | $230K | $348K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09601 | +0.136% | $36.2M | $114.7M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09599 | +0.115% | $33.4M | $37.6M | 75x | as long as short |
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Gate HBAR_USDT
Orderly PERP_HBAR_USDC
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09607 | +0.198% | $6.8M | $27.0M | 50x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09601 | +0.136% | $26.6M | $20.4M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09602 | +0.146% | $7.5M | $7.5M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09602 | +0.146% | $17.7M | $17.5M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09604 | +0.167% | — | $7.5M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09591 | +0.031% | $37K | $201K | 15x | as long as short |
| Variational Omni HBARshort | +0.0100% | 8h | 0.09578 | −0.105% | $1.1M | $179K | — | |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09540 | −0.498% | $389K | $3.3M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09586 | −0.021% | $155K | $700K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09593 | +0.052% | $445 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09606 | +0.188% | $74K | $74K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09590 | +0.021% | $2.3M | $2.6M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09599 | +0.119% | $50K | $308K | 10x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0166% | 1h | 0.09609 | +0.219% | $529K | $177K | 50x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09591 | +0.031% | $1.6M | $5.9M | 90x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0282% | 1h | 0.09602 | +0.147% | $1.4M | $3.1M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0367% / S −0.0286% | 1h | 0.09603 | +0.155% | $84K | — | 100x | as long as short |
| dYdX HBAR-USD | +0.0957% | 1h | 0.09588 | +0.005% | $31K | $11K | 5x | as long as short |
OKX HBAR-USDT-SWAP
MEXC HBAR_USDT
KuCoin HBARUSDTM
Bitget HBARUSDT
BingX HBAR-USDT
Backpack HBAR_USDC_PERP
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
Deribit HBAR_USDC-PERPETUAL
BloFin HBAR-USDT
Kraken Futures PF_HBARUSD
GMX HBAR/USD [WBTC.b-USDC]
dYdX HBAR-USD