Funding you earn now, next payment 11:00 UTC+0.0084%/8h= +9.2% APRpaid last 24h +0.009%
Price spread now: Coinbase International against Gate−0.106%7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$600.598% of the position
Funding, last 7 days−0.027%−$3 on $10k
+Price spread, last 4 days (all we have)+0.081%+$8 · spread now −0.106%, 7d avg +0.016%
=Funding pays, the price is against you. Coinbase International is 0.122% cheaper against Gate than usual: you would sell low and buy high (spread −0.106% now, against its 7-day average of +0.016%). If the spread goes back, that is −$12 on $10k: about 4.8 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate HBAR_USDT | 0.09431 | 0.0100 | pay 0.0100% / 8h | 4h 08m | $2.6M | $3.8M | 75x |
| Short | Coinbase International HBAR-PERP-INTX | 0.09421 | 0.0184 | get 0.0023% / 1h | 8m 23s | $215K | $2.8M | 50x |
Gate HBAR_USDT
Coinbase International HBAR-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Gate. 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
- $17.64
- Price spread: −0.106% → +0.016%
- −$12.22
- Slippage, 4 orders
- −$34.76
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$54.34
- Costs to cover
- 0.598%
- Break-even
- 28.6 days
Slippage from Gate: live order book, 3 min ago; Coinbase International: live order book, 4 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 Gate live order book, 3 min ago | 2.66 bp | 15.2 bp −$15 | 51.3 bp −$513 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 4 min ago | 3.72 bp | 12.7 bp −$13 | 18.1 bp −$181 | 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 | −0.5000% | 1h | 0.09346 | −0.901% | $2K | $102K | 12x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0008% | 1h | 0.09423 | −0.088% | $11K | — | 150x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0069% | 1h | 0.09446 | +0.155% | $1.5M | $3.9M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0088% | 8h | 0.09432 | +0.011% | $4K | $11K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09429 | −0.021% | $578K | $527K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09427 | −0.040% | $8.5M | $4.1M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09431 | −0.003% | $202K | $271K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09418 | −0.139% | $35.1M | $110.9M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09420 | −0.117% | $32.9M | $38.1M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09420 | −0.117% | $6.5M | $25.7M | 50x | as long as short |
Injective HBAR/USDC PERP
gTrade (Gains Network) HBAR/USD
Kraken Futures PF_HBARUSD
Orderly PERP_HBAR_USDC
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAPShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate HBAR_USDTlong | +0.0100% | 8h | 0.09431 | long leg | $2.6M | $3.8M | 75x | |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09421 | −0.106% | $28.5M | $20.8M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09420 | −0.117% | $7.0M | $6.9M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09423 | −0.085% | $18.0M | $18.5M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09427 | −0.042% | — | $7.8M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09438 | +0.074% | $38K | $204K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09406 | −0.266% | $1.0M | $80K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09411 | −0.211% | $383K | $3.9M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09417 | −0.148% | $153K | $698K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09432 | +0.011% | $438 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09461 | +0.318% | $72K | $68K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09429 | −0.021% | $2.4M | $3.3M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09420 | −0.112% | $49K | $364K | 10x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0174% | 1h | 0.09443 | +0.127% | $531K | $207K | 50x | as long as short |
| Coinbase International HBAR-PERP-INTXshort | +0.0184% | 1h | 0.09421 | −0.106% | $215K | $2.8M | 50x | |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09441 | +0.106% | $1.5M | $5.9M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0371% / S −0.0379% | 1h | 0.09439 | +0.086% | $78K | — | 100x | as long as short |
| dYdX HBAR-USD | +0.0797% | 1h | 0.09436 | +0.058% | $40K | $20K | 5x | as long as short |
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
Extended HBAR-USD
Deribit HBAR_USDC-PERPETUAL
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]
dYdX HBAR-USD