Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.027%
Price spread now: Phemex against KuCoin0.000%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$680.681% of the position
Funding, last 7 days+0.089%+$9 on $10k
+Price spread, last 4 days (all we have)−0.028%−$3 · spread now 0.000%, 7d avg −0.002%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin HBARUSDTM | 0.09163 | 0.0100 | pay 0.0100% / 8h | 2h 24m | $7.3M | $7.4M | 75x |
| Short | Phemex HBARUSDT | 0.09163 | 0.0100 | get 0.0100% / 8h | 2h 24m | $2.1M | $2.2M | 50x |
KuCoin HBARUSDTM
Phemex HBARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against KuCoin. 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
- $0
- Price spread: 0.000% → −0.002%
- $0.15
- Slippage, 4 orders
- −$44.09
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$67.94
- Costs to cover
- 0.681%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; Phemex: 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 KuCoin live order book, 4 min ago | 1.64 bp | 17.5 bp −$18 | 52.2 bp −$522 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 4 min ago | 1.64 bp | 18.5 bp −$19 | 33.2 bp −$332 | doesn't fit | doesn't fit |
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 | −0.0328% | 1h | 0.09163 | 0.000% | $32K | $202K | 15x | as long as short |
| ApeX Omni HBARUSDT | −0.0004% | 1h | 0.09140 | −0.251% | $149K | $709K | 50x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09157 | −0.062% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0011% | 1h | 0.09162 | −0.016% | $9K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | +1.299% | $1K | $103K | 12x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0077% | 1h | 0.09168 | +0.055% | $505K | $177K | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0077% | 8h | 0.09158 | −0.055% | $2K | $14K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0088% | 1h | 0.09162 | −0.011% | $218K | $2.3M | 50x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09162 | −0.011% | $553K | $612K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09169 | +0.067% | $8.6M | $3.6M | 5x | as long as short |
Backpack HBAR_USDC_PERP
ApeX Omni HBARUSDT
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Deribit HBAR_USDC-PERPETUAL
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 | 0.09168 | +0.054% | $197K | $335K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09162 | −0.008% | $33.6M | $111.1M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09163 | 0.000% | $31.7M | $35.6M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09161 | −0.022% | $6.5M | $25.1M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09158 | −0.055% | $2.4M | $2.8M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09159 | −0.044% | $24.5M | $19.6M | 200x | as long as short |
| KuCoin HBARUSDTMlong | +0.0100% | 8h | 0.09163 | long leg | $7.3M | $7.4M | 75x | |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09165 | +0.022% | $16.9M | $15.9M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09161 | −0.022% | — | $6.7M | — | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09140 | −0.251% | $1.0M | $188K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09154 | −0.094% | $370K | $2.9M | 10x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09164 | +0.011% | $425 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09169 | +0.065% | $69K | $69K | 20x | as long as short |
| Phemex HBARUSDTshort | +0.0100% | 8h | 0.09163 | 0.000% | $2.1M | $2.2M | 50x | |
| Extended HBAR-USD | +0.0104% | 1h | 0.09158 | −0.059% | $47K | $230K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09149 | −0.153% | $1.4M | $5.6M | 90x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0248% | 1h | 0.09167 | +0.044% | $1.3M | $2.9M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0353% / S −0.0254% | 1h | 0.09160 | −0.034% | $81K | — | 100x | as long as short |
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
MEXC HBAR_USDT
Bitget HBARUSDT
BingX HBAR-USDC
Variational Omni HBAR
GRVT HBAR_USDT_Perp
SoDEX HBAR-USD
HTX HBAR-USDT
Extended HBAR-USD
BloFin HBAR-USDT
Kraken Futures PF_HBARUSD
GMX HBAR/USD [WBTC.b-USDC]