Funding you earn now, next payment 09:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.05 per $10,000 · paid last 24h −0.024%
Price spread now: Extended against Deribit−0.218%7-day average −0.111% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$390.387% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.184%+$18 · spread now −0.218%, 7d avg −0.111%
=Together, before fees+0.184%+ Points / potential airdropExtended: Active · farm board+$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.107% cheaper against Deribit than usual: you would sell low and buy high (spread −0.218% now, against its 7-day average of −0.111%). If the spread goes back, that is −$11 on $10k: about 8.9 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (0.000% in total) that is about years.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit HBAR_USDC-PERPETUAL | 0.09553 | 0.0064 | pay 0.0008% / 1h | 26m 27s | $526K | $177K | 50x |
| Short | Extended HBAR-USD | 0.09532 | 0.0104 | get 0.0013% / 1h | 26m 27s | $50K | $305K | 10x |
Deribit HBAR_USDC-PERPETUAL
Extended HBAR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Deribit. 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
- $8.4
- Price spread: −0.218% → −0.111%
- −$10.67
- Slippage, 4 orders
- −$26.73
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$40.99
- Costs to cover
- 0.387%
- Break-even
- 41.2 days
Slippage from Deribit: live order book, 7 min ago; Extended: live order book, 6 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 Deribit live order book, 7 min ago | 6.26 bp | 9.8 bp −$10 | 16.4 bp −$164 | doesn't fit | doesn't fit |
| Sell Extended live order book, 6 min ago | 1.83 bp | 9.4 bp −$9 | 100.6 bp −$1,006 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate HBAR_USDT | −0.0125% | 8h | 0.09523 | −0.314% | $2.5M | $2.9M | 75x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0008% | 1h | 0.09542 | −0.118% | $11K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | −2.837% | $1K | $96K | 12x | as long as short |
| Deribit HBAR_USDC-PERPETUALlong | +0.0064% | 1h | 0.09553 | long leg | $526K | $177K | 50x | |
| Orderly PERP_HBAR_USDC | +0.0087% | 8h | 0.09548 | −0.052% | $1K | $12K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0088% | 1h | 0.09556 | +0.031% | $227K | $2.7M | 50x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09537 | −0.167% | $572K | $603K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09538 | −0.162% | $8.9M | $3.9M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09530 | −0.243% | $228K | $350K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09520 | −0.345% | $35.9M | $115.0M | 75x | as long as short |
Gate HBAR_USDT
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Orderly PERP_HBAR_USDC
Coinbase International HBAR-PERP-INTX
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 | 0.09526 | −0.283% | $33.2M | $37.7M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09528 | −0.262% | $6.7M | $26.8M | 50x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09526 | −0.283% | $26.6M | $20.6M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09530 | −0.241% | $7.4M | $7.4M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09530 | −0.241% | $17.9M | $17.7M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09520 | −0.345% | — | $7.6M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09549 | −0.042% | $36K | $203K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09558 | +0.052% | $1.1M | $179K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09557 | +0.038% | $387K | $3.4M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09564 | +0.115% | $155K | $699K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09550 | −0.031% | $443 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09572 | +0.199% | $73K | $75K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09551 | −0.021% | $2.2M | $2.6M | 50x | as long as short |
| Extended HBAR-USDshort | +0.0104% | 1h | 0.09532 | −0.218% | $50K | $305K | 10x | |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09546 | −0.073% | $1.6M | $5.9M | 90x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0284% | 1h | 0.09557 | +0.037% | $1.4M | $3.2M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0366% / S −0.0286% | 1h | 0.09551 | −0.019% | $83K | — | 100x | as long as short |
| dYdX HBAR-USD | +0.2168% | 1h | 0.09533 | −0.208% | $37K | $17K | 5x | as long as short |
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
MEXC HBAR_USDT
KuCoin HBARUSDTM
Bitget HBARUSDT
BingX HBAR-USDT
Backpack HBAR_USDC_PERP
Variational Omni HBAR
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]
dYdX HBAR-USD