Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.407%
Price spread now: Phemex against dYdX−0.043%7-day average — · you buy dearer than you sell
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
Funding pays, the price is against you. Phemex is 0.043% cheaper against dYdX than usual: you would sell low and buy high (spread −0.043% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 34 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX HBAR-USD | 0.09341 | 0 | get 0.0000% / 1h | 51m 39s | $30K | $4K | 5x |
| Short | Phemex HBARUSDT | 0.09337 | 0.0100 | get 0.0100% / 8h | 7h 51m | $2.2M | $2.2M | 50x |
dYdX HBAR-USD
Phemex HBARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against dYdX. 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
- $21
- Price spread: −0.043% → 0.000%
- −$4.29
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$5.29
- Costs to cover
- 0.220%
- Break-even
- 8.8 days
Slippage unknown: dYdX: no order-book sample; Phemex: live order book, 2 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 2 min ago | 5.36 bp | 24.9 bp −$25 | 37.1 bp −$371 | doesn't fit | doesn't fit |
dYdX: 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 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni HBARUSDT | −0.0210% | 1h | 0.09319 | −0.236% | $149K | $711K | 50x | as long as short |
| Gate HBAR_USDT | −0.0206% | 8h | 0.09329 | −0.129% | $2.4M | $3.3M | 75x | as long as short |
| KuCoin HBARUSDTM | −0.0078% | 8h | 0.09328 | −0.139% | $7.4M | $7.9M | 75x | as long as short |
| GRVT HBAR_USDT_Perp | −0.0021% | 8h | 0.09338 | −0.031% | $376K | $2.2M | 10x | as long as short |
| dYdX HBAR-USDlong | 0.0000% | 1h | 0.09341 | long leg | $30K | $4K | 5x | |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09358 | +0.185% | $8K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09267 | −0.792% | $1K | $106K | 12x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0056% | 1h | 0.09338 | −0.032% | $237K | $2.2M | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0057% | 1h | 0.09340 | −0.008% | $1.4M | $2.3M | 50x | as long as short |
| Variational Omni HBAR | +0.0077% | 8h | 0.09324 | −0.179% | $1.0M | $202K | — | as long as short |
ApeX Omni HBARUSDT
Gate HBAR_USDT
KuCoin HBARUSDTM
GRVT HBAR_USDT_Perp
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Coinbase International HBAR-PERP-INTX
Kraken Futures PF_HBARUSD
Variational Omni HBARShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_HBAR_USDC | +0.0079% | 8h | 0.09340 | −0.011% | $2K | $17K | 10x | as long as short |
| Extended HBAR-USD | +0.0080% | 1h | 0.09328 | −0.141% | $52K | $222K | 10x | as long as short |
| MEXC HBAR_USDT | +0.0082% | 8h | 0.09331 | −0.107% | $26.4M | $22.2M | 200x | as long as short |
| Binance HBARUSDT | +0.0082% | 8h | 0.09311 | −0.326% | $35.0M | $109.7M | 75x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09332 | −0.096% | $572K | $547K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09349 | +0.085% | $8.9M | $2.8M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09333 | −0.090% | $213K | $429K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09304 | −0.396% | $33.1M | $36.2M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09301 | −0.428% | $6.9M | $25.2M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09322 | −0.203% | $17.4M | $14.9M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09324 | −0.182% | — | $5.9M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09338 | −0.032% | $37K | $103K | 15x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09333 | −0.086% | $433 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09365 | +0.257% | $74K | $59K | 20x | as long as short |
| Phemex HBARUSDTshort | +0.0100% | 8h | 0.09337 | −0.043% | $2.2M | $2.2M | 50x | |
| BloFin HBAR-USDT | +0.0203% | 8h | 0.09339 | −0.021% | $1.5M | $5.9M | 90x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0392% | 1h | 0.09349 | +0.086% | $515K | $166K | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0492% / S −0.0555% | 1h | 0.09357 | +0.176% | $117K | — | 100x | as long as short |
Orderly PERP_HBAR_USDC
Extended HBAR-USD
MEXC HBAR_USDT
Binance HBARUSDT
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDT
Backpack HBAR_USDC_PERP
SoDEX HBAR-USD
HTX HBAR-USDT
BloFin HBAR-USDT
Deribit HBAR_USDC-PERPETUAL
GMX HBAR/USD [WBTC.b-USDC]