Funding you earn now, next payment 01:00 UTC+0.0043%/8h= +4.7% APRpaid last 24h +0.592%
Price spread now: MEXC against Injective+0.173%85s7-day average +0.108% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.803%+$80 on $10k
+Price spread, last 3 days (all we have)+0.276%+$28 · spread now +0.173%, 7d avg +0.108%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and MEXC is 0.064% dearer against Injective than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.108%. The two prices were read 85 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 | Injective HBAR/USDC PERP | 0.09267 | 0.0033 | pay 0.0004% / 1h | 4m 00s | $1K | $106K | 12x |
| Short | MEXC HBAR_USDT | 0.09283 | 0.0076 | get 0.0076% / 8h | 7h 04m | $27.1M | $22.6M | 200x |
Injective HBAR/USDC PERP
MEXC HBAR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Injective. 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
- $8.96
- Price spread: +0.173% → +0.108%
- $6.43
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $15.37
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Injective: live order book, 65 min ago; MEXC: live order book, 5 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 Injective live order book, 65 min ago | 38.14 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 1.07 bp | 1.7 bp −$2 | 10.1 bp −$101 | 43.8 bp −$4,384 | 154.4 bp −$77.2K |
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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HBARUSDTM | −0.0076% | 8h | 0.09300 | +0.356% | $7.3M | $7.5M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09320 | +0.573% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09312 | +0.486% | $513K | $167K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09314 | +0.509% | $8K | — | 150x | as long as short |
| Injective HBAR/USDC PERPlong | +0.0033% | 1h | 0.09267 | long leg | $1K | $106K | 12x | |
| Coinbase International HBAR-PERP-INTX | +0.0056% | 1h | 0.09307 | +0.432% | $227K | $2.2M | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0057% | 1h | 0.09309 | +0.457% | $1.4M | $2.3M | 50x | as long as short |
| Variational Omni HBAR | +0.0065% | 8h | 0.09307 | +0.429% | $1.0M | $191K | — | as long as short |
| Extended HBAR-USD | +0.0072% | 1h | 0.09290 | +0.249% | $53K | $275K | 10x | as long as short |
| Binance HBARUSDT | +0.0076% | 8h | 0.09273 | +0.069% | $34.9M | $105.8M | 75x | as long as short |
KuCoin HBARUSDTM
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Coinbase International HBAR-PERP-INTX
Kraken Futures PF_HBARUSD
Variational Omni HBAR
Extended HBAR-USD
Binance HBARUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC HBAR_USDTshort | +0.0076% | 8h | 0.09283 | +0.173% | $27.1M | $22.6M | 200x | |
| Orderly PERP_HBAR_USDC | +0.0077% | 8h | 0.09305 | +0.410% | $2K | $17K | 10x | as long as short |
| Gate HBAR_USDT | +0.0084% | 8h | 0.09280 | +0.140% | $2.4M | $3.4M | 75x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09304 | +0.399% | $569K | $553K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09310 | +0.460% | $8.9M | $2.7M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09304 | +0.396% | $212K | $358K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09272 | +0.054% | $33.1M | $35.1M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09272 | +0.054% | $6.8M | $24.7M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09284 | +0.183% | $17.2M | $14.8M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09273 | +0.065% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09300 | +0.356% | $35K | $108K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09351 | +0.908% | $375K | $2.2M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09353 | +0.928% | $149K | $728K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09303 | +0.388% | $432 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09334 | +0.723% | $74K | $60K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09307 | +0.432% | $2.2M | $2.1M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0196% | 8h | 0.09300 | +0.356% | $1.5M | $5.5M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0495% / S −0.0562% | 1h | 0.09313 | +0.502% | $117K | — | 100x | as long as short |
Orderly PERP_HBAR_USDC
Gate HBAR_USDT
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]