Funding you earn now, next payment 09:00 UTC−0.0062%/8h= −6.8% APRpaid last 24h −0.018%
Price spread now: Gate against Deribit+0.113%7-day average −0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$530.532% of the position
Funding, last 7 days+0.042%+$4 on $10k
+Price spread, last 4 days (all we have)−0.050%−$5 · spread now +0.113%, 7d avg −0.071%
=The price spread pays, funding is against you. Gate is 0.184% dearer against Deribit than usual: you sell high and buy low (spread +0.113% now, against its 7-day average of −0.071%): +$18 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 9.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit HBAR_USDC-PERPETUAL | 0.09718 | 0.0162 | pay 0.0020% / 1h | 0m 45s | $535K | $191K | 50x |
| Short | Gate HBAR_USDT | 0.09729 | 0.0100 | get 0.0100% / 8h | 7h 00m | $2.5M | $3.0M | 75x |
Deribit HBAR_USDC-PERPETUAL
Gate HBAR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$13.02
- Price spread: +0.113% → −0.071%
- $18.41
- Slippage, 4 orders
- −$31.17
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$47.78
- Costs to cover
- 0.532%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 33 min ago; Gate: live order book, 2 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, 33 min ago | 6.26 bp | 9.8 bp −$10 | 16.4 bp −$164 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 5.14 bp | 16.6 bp −$17 | 52.8 bp −$528 | 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 | 0.09715 | −0.027% | $11K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09716 | −0.021% | $1K | $98K | 12x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0088% | 1h | 0.09736 | +0.185% | $241K | $2.9M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0089% | 8h | 0.09712 | −0.062% | $1K | $11K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09740 | +0.226% | $588K | $617K | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09722 | +0.042% | $232K | $350K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09736 | +0.185% | $37.0M | $115.1M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09733 | +0.154% | $34.4M | $38.0M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09738 | +0.206% | $6.9M | $27.8M | 50x | as long as short |
| Gate HBAR_USDTshort | +0.0100% | 8h | 0.09729 | +0.113% | $2.5M | $3.0M | 75x |
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Coinbase International HBAR-PERP-INTX
Orderly PERP_HBAR_USDC
Lighter HBAR
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09716 | −0.021% | $27.5M | $21.0M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09709 | −0.093% | $7.5M | $7.4M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09741 | +0.237% | $18.5M | $18.0M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09734 | +0.165% | — | $6.8M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09704 | −0.144% | $38K | $199K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09695 | −0.240% | $1.1M | $171K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09727 | +0.088% | $400K | $3.5M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09673 | −0.463% | $156K | $698K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09711 | −0.072% | $451 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09738 | +0.206% | $75K | $74K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09708 | −0.103% | $2.6M | $3.4M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09699 | −0.191% | $53K | $307K | 10x | as long as short |
| Hyperliquid HBAR | +0.0131% | 1h | 0.09750 | +0.332% | $9.2M | $4.0M | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUALlong | +0.0162% | 1h | 0.09718 | long leg | $535K | $191K | 50x | |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09701 | −0.175% | $1.6M | $6.0M | 90x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0279% | 1h | 0.09718 | −0.002% | $1.4M | $3.4M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0375% / S −0.0376% | 1h | 0.09718 | −0.002% | $80K | — | 100x | as long as short |
| dYdX HBAR-USD | +0.1805% | 1h | 0.09740 | +0.230% | $39K | $18K | 5x | as long as short |
MEXC HBAR_USDT
KuCoin HBARUSDTM
Bitget HBARUSDT
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
Variational Omni HBAR
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
Hyperliquid HBAR
BloFin HBAR-USDT
Kraken Futures PF_HBARUSD
GMX HBAR/USD [WBTC.b-USDC]
dYdX HBAR-USD