Funding you earn now, next payment 08:00 UTC−0.0028%/8h= −3.1% APRnext payment −$0.28 per $10,000 · paid last 24h −0.006%
Price spread now: Gate against OKX+0.044%7-day average +0.017% · 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−$55as in the Price arb table
costs, in and out, $10k−$570.574% of the position
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 7 days−0.065%−$6 · spread now +0.044%, 7d avg +0.017%
=The price spread pays, funding is against you. Gate is 0.027% dearer against OKX than usual: you sell high and buy low (spread +0.044% now, against its 7-day average of +0.017%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.2 days. At the pace of the last 7 days (−0.013% in total) that is about 14 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX HBAR-USDT-SWAP | 0.09180 | 0.0100 | pay 0.0100% / 8h | 5h 57m | $6.7M | $24.1M | 50x |
| Short | Gate HBAR_USDT | 0.09184 | 0.0072 | get 0.0072% / 8h | 5h 57m | $2.4M | $2.8M | 75x |
OKX HBAR-USDT-SWAP
Gate HBAR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against OKX. 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
- −$5.88
- Price spread: +0.044% → +0.017%
- $2.66
- Slippage, 4 orders
- −$32.35
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$60.57
- Costs to cover
- 0.574%
- Break-even
- never at this rate
Slippage from OKX: live order book, 1 min ago; Gate: live order book, 5 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 OKX live order book, 1 min ago | 0.54 bp | 10.4 bp −$10 | 21.7 bp −$217 | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 2.72 bp | 17.7 bp −$18 | 57.1 bp −$571 | doesn't fit | doesn't fit |
HBAR on 27 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 | −0.0051% | 8h | 0.09188 | +0.087% | $7.1M | $7.3M | 75x | as long as short |
| Lighter HBAR | 0.0000% | 1h | 0.09195 | +0.163% | $559K | $591K | 5x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09203 | +0.250% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09200 | +0.217% | $8K | — | 150x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09198 | +0.196% | $224K | $2.1M | 50x | as long as short |
| Variational Omni HBAR | +0.0065% | 8h | 0.09198 | +0.195% | $1.0M | $187K | — | as long as short |
| Gate HBAR_USDTshort | +0.0072% | 8h | 0.09184 | +0.044% | $2.4M | $2.8M | 75x | |
| Deribit HBAR_USDC-PERPETUAL | +0.0076% | 1h | 0.09204 | +0.261% | $507K | $151K | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0078% | 8h | 0.09195 | +0.163% | $2K | $17K | 10x | as long as short |
| MEXC HBAR_USDT | +0.0085% | 8h | 0.09182 | +0.022% | $25.9M | $19.5M | 200x | as long as short |
KuCoin HBARUSDTM
Lighter HBAR
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Coinbase International HBAR-PERP-INTX
Variational Omni HBAR
Deribit HBAR_USDC-PERPETUAL
Orderly PERP_HBAR_USDC
MEXC HBAR_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance HBARUSDT | +0.0085% | 8h | 0.09180 | −0.004% | $34.0M | $104.0M | 75x | as long as short |
| Extended HBAR-USD | +0.0088% | 1h | 0.09179 | −0.013% | $47K | $273K | 10x | as long as short |
| Injective HBAR/USDC PERP | +0.0090% | 1h | 0.09282 | +1.111% | $1K | $106K | 12x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09196 | +0.176% | $8.8M | $2.6M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09184 | +0.046% | $210K | $322K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09180 | 0.000% | $32.6M | $34.0M | 75x | as long as short |
| OKX HBAR-USDT-SWAPlong | +0.0100% | 8h | 0.09180 | long leg | $6.7M | $24.1M | 50x | |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09183 | +0.033% | $17.0M | $14.8M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09190 | +0.109% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09191 | +0.120% | $32K | $120K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09210 | +0.326% | $371K | $2.3M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09198 | +0.196% | $147K | $711K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09195 | +0.163% | $427 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09221 | +0.447% | $70K | $66K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09196 | +0.174% | $2.1M | $2.1M | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0206% | 1h | 0.09202 | +0.236% | $1.4M | $2.5M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0486% / S −0.0462% | 1h | 0.09200 | +0.214% | $119K | — | 100x | as long as short |
Binance HBARUSDT
Extended HBAR-USD
Injective HBAR/USDC PERP
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
Bitget HBARUSDT
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Kraken Futures PF_HBARUSD
GMX HBAR/USD [WBTC.b-USDC]