Funding you earn now, next payment 11:00 UTC−0.0037%/8h= −4.1% APRnext payment −$0.05 per $10,000 · paid last 24h +0.020%
Price spread now: Deribit against Extended+0.194%7-day average +0.110% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$350.348% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.138%−$14 · spread now +0.194%, 7d avg +0.110%
=Together, before fees−0.134%+ Points / potential airdropExtended: Active · farm board−$13 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Deribit is 0.084% dearer against Extended than usual: you sell high and buy low (spread +0.194% now, against its 7-day average of +0.110%): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended HBAR-USD | 0.09438 | 0.0104 | pay 0.0013% / 1h | 51m 30s | $50K | $307K | 10x |
| Short | Deribit HBAR_USDC-PERPETUAL | 0.09456 | 0.0067 | get 0.0008% / 1h | 51m 30s | $531K | $224K | 50x |
Extended HBAR-USD
Deribit HBAR_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Extended. 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
- −$7.77
- Price spread: +0.194% → +0.110%
- $8.38
- Slippage, 4 orders
- −$22.83
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$34.22
- Costs to cover
- 0.348%
- Break-even
- never at this rate
Slippage from Extended: live order book, 58 min ago; Deribit: live order book, 60 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 Extended live order book, 58 min ago | 1.25 bp | 8.9 bp −$9 | 98.0 bp −$980 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 60 min ago | 5.17 bp | 8.7 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
HBAR on 28 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective HBAR/USDC PERP | −0.0072% | 1h | 0.09663 | +2.387% | $5K | $101K | 12x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0008% | 1h | 0.09465 | +0.287% | $11K | — | 150x | as long as short |
| Deribit HBAR_USDC-PERPETUALshort | +0.0067% | 1h | 0.09456 | +0.194% | $531K | $224K | 50x | |
| Gate HBAR_USDT | +0.0089% | 8h | 0.09441 | +0.035% | $2.5M | $2.9M | 75x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0092% | 8h | 0.09445 | +0.077% | $1K | $9K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09443 | +0.056% | $574K | $545K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09456 | +0.193% | $8.6M | $4.3M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09448 | +0.109% | $202K | $375K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09443 | +0.056% | $35.7M | $114.6M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09442 | +0.045% | $33.4M | $37.8M | 75x | as long as short |
Injective HBAR/USDC PERP
gTrade (Gains Network) HBAR/USD
Gate HBAR_USDT
Orderly PERP_HBAR_USDC
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDTShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09447 | +0.098% | $6.6M | $27.0M | 50x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09440 | +0.024% | $27.4M | $20.1M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09438 | +0.003% | $7.1M | $7.2M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09446 | +0.088% | $17.9M | $18.9M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09443 | +0.056% | — | $6.8M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09454 | +0.173% | $36K | $201K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09459 | +0.226% | $1.0M | $100K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09463 | +0.266% | $388K | $3.7M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09464 | +0.278% | $153K | $702K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09448 | +0.109% | $439 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09472 | +0.363% | $72K | $64K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09452 | +0.151% | $2.5M | $3.3M | 50x | as long as short |
| Extended HBAR-USDlong | +0.0104% | 1h | 0.09438 | long leg | $50K | $307K | 10x | |
| Coinbase International HBAR-PERP-INTX | +0.0192% | 1h | 0.09474 | +0.384% | $226K | $2.9M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09462 | +0.257% | $1.6M | $5.8M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0368% / S −0.0371% | 1h | 0.09453 | +0.163% | $77K | — | 100x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0423% | 1h | 0.09456 | +0.189% | $1.4M | $3.7M | 50x | as long as short |
| dYdX HBAR-USD | +0.1016% | 1h | 0.09450 | +0.125% | $40K | $21K | 5x | as long as short |
OKX HBAR-USDT-SWAP
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
Coinbase International HBAR-PERP-INTX
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]
Kraken Futures PF_HBARUSD
dYdX HBAR-USD