Funding you earn now, next payment 12:00 UTC−0.5100%/8h= −558.5% APRpaid last 24h −0.065%
Price spread now: Injective against MEXC+0.182%7-day average −0.084% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.589%−$59 on $10k
+Price spread, last 4 days (all we have)−0.665%−$67 · spread now +0.182%, 7d avg −0.084%
=The price spread pays, funding is against you. Injective is 0.267% dearer against MEXC than usual: you sell high and buy low (spread +0.182% now, against its 7-day average of −0.084%): +$27 on $10k if it goes back. Holding the pair costs −$153 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 7 days (−0.589% in total) that is about 3.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.589% in total (about -30.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC HBAR_USDT | 0.09329 | 0.0100 | pay 0.0100% / 8h | 4h 29m | $27.8M | $20.6M | 200x |
| Short | Injective HBAR/USDC PERP | 0.09346 | −0.5000 | pay 0.0625% / 1h | 29m 14s | $2K | $102K | 12x |
MEXC HBAR_USDT
Injective HBAR/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against MEXC. 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
- −$1,071
- Price spread: +0.182% → −0.084%
- $26.67
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$1,044.35
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: MEXC: live order book, 8 min ago; Injective: no order-book sample. 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 MEXC live order book, 8 min ago | 0.54 bp | 1.6 bp −$2 | 7.0 bp −$70 | 33.1 bp −$3,313 | 101.3 bp −$50.7K |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 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 PERPshort | −0.5000% | 1h | 0.09346 | +0.182% | $2K | $102K | 12x | |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0008% | 1h | 0.09333 | +0.041% | $10K | — | 150x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0070% | 1h | 0.09334 | +0.058% | $1.5M | $3.9M | 50x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0071% | 1h | 0.09336 | +0.075% | $525K | $223K | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0089% | 8h | 0.09326 | −0.032% | $4K | $11K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09331 | +0.021% | $574K | $525K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09341 | +0.123% | $8.4M | $4.2M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09332 | +0.032% | $200K | $303K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09330 | +0.011% | $34.7M | $113.4M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09327 | −0.021% | $32.4M | $38.4M | 75x | as long as short |
gTrade (Gains Network) HBAR/USD
Kraken Futures PF_HBARUSD
Deribit HBAR_USDC-PERPETUAL
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 | 0.09332 | +0.032% | $6.4M | $25.7M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09330 | +0.011% | $2.6M | $3.7M | 75x | as long as short |
| MEXC HBAR_USDTlong | +0.0100% | 8h | 0.09329 | long leg | $27.8M | $20.6M | 200x | |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09327 | −0.021% | $6.9M | $7.0M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09333 | +0.043% | $17.8M | $19.1M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09329 | 0.000% | — | $7.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09333 | +0.043% | $35K | $204K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09344 | +0.159% | $1.0M | $81K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09347 | +0.189% | $381K | $3.9M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09352 | +0.247% | $152K | $697K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09328 | −0.011% | $433 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09341 | +0.129% | $71K | $69K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09328 | −0.011% | $2.4M | $3.3M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09326 | −0.030% | $49K | $366K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0184% | 1h | 0.09333 | +0.043% | $215K | $2.8M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09328 | −0.011% | $1.5M | $5.9M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0370% / S −0.0379% | 1h | 0.09333 | +0.039% | $77K | — | 100x | as long as short |
| dYdX HBAR-USD | +0.0777% | 1h | 0.09328 | −0.014% | $40K | $20K | 5x | as long as short |
OKX HBAR-USDT-SWAP
Gate 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
Coinbase International HBAR-PERP-INTX
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]
dYdX HBAR-USD