Funding you earn now, next payment 07:00 UTC+0.0066%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.029%
Price spread now: Deribit against gTrade (Gains Network)−0.095%67s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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. Deribit is 0.095% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.095% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 4.8 days of funding at the current rate (+$2 a day). The two prices were read 67 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 | gTrade (Gains Network) HBAR/USD | 0.09295 | L +0.0007% / S −0.0011% | pay 0.0001% / 1h | 25m 00s | $9K | — | 150x |
| Short | Deribit HBAR_USDC-PERPETUAL | 0.09286 | 0.0073 | get 0.0009% / 1h | 25m 00s | $511K | $178K | 50x |
gTrade (Gains Network) HBAR/USD
Deribit HBAR_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against gTrade (Gains Network). 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
- $13.92
- Price spread: −0.095% → 0.000%
- −$9.53
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$12.61
- Costs to cover
- 0.170%
- Break-even
- 13.3 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Deribit: live order book, 19 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Deribit live order book, 19 min ago | 4.85 bp | 8.3 bp −$8 | 15.5 bp −$155 | doesn't fit | doesn't fit |
gTrade (Gains Network): 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack HBAR_USDC_PERP | −0.0520% | 1h | 0.09280 | −0.160% | $35K | $201K | 15x | as long as short |
| Kraken Futures PF_HBARUSD | −0.0266% | 1h | 0.09285 | −0.101% | $1.3M | $3.0M | 50x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09297 | +0.025% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USDlong | L +0.0007% / S −0.0011% | 1h | 0.09295 | long leg | $9K | — | 150x | |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | −0.138% | $1K | $103K | 12x | as long as short |
| Deribit HBAR_USDC-PERPETUALshort | +0.0073% | 1h | 0.09286 | −0.095% | $511K | $178K | 50x | |
| Orderly PERP_HBAR_USDC | +0.0077% | 8h | 0.09278 | −0.181% | $4K | $16K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0080% | 1h | 0.09300 | +0.055% | $214K | $2.3M | 50x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09281 | −0.149% | $559K | $600K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09287 | −0.090% | $8.6M | $3.7M | 5x | as long as short |
Backpack HBAR_USDC_PERP
Kraken Futures PF_HBARUSD
dYdX HBAR-USD
Injective HBAR/USDC PERP
Orderly PERP_HBAR_USDC
Coinbase International HBAR-PERP-INTX
Lighter HBAR
Hyperliquid HBARShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HBARUSDT | +0.0100% | 8h | 0.09283 | −0.131% | $200K | $329K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09276 | −0.203% | $34.1M | $111.6M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09279 | −0.171% | $31.8M | $35.9M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09277 | −0.192% | $6.5M | $25.1M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09277 | −0.192% | $2.4M | $2.7M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09276 | −0.203% | $25.1M | $19.9M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09281 | −0.149% | $7.4M | $7.5M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09278 | −0.181% | $17.2M | $15.9M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09284 | −0.117% | — | $6.7M | — | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09290 | −0.054% | $1.0M | $185K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09255 | −0.424% | $370K | $3.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09258 | −0.397% | $150K | $705K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09281 | −0.149% | $431 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09292 | −0.031% | $70K | $70K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09281 | −0.149% | $2.1M | $2.1M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09274 | −0.227% | $59K | $221K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09278 | −0.181% | $1.5M | $5.7M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0359% / S −0.0261% | 1h | 0.09258 | −0.393% | $83K | — | 100x | as long as short |
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
MEXC HBAR_USDT
KuCoin HBARUSDTM
Bitget HBARUSDT
BingX HBAR-USDC
Variational Omni HBAR
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]