Funding you earn now, next payment 02:00 UTC+0.0001%/8h= +0.1% APRpaid last 24h +0.001%
Price spread now: Deribit against Orderly+0.097%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Deribit is 0.097% dearer against Orderly than usual: you sell high and buy low, +$10 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_HBAR_USDC | 0.09234 | 0.0074 | pay 0.0074% / 8h | 6h 42m | $2K | $17K | 10x |
| Short | Deribit HBAR_USDC-PERPETUAL | 0.09243 | 0.0075 | get 0.0009% / 1h | 42m 29s | $509K | $154K | 50x |
Orderly PERP_HBAR_USDC
Deribit HBAR_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Orderly. 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
- $0.29
- Price spread: +0.097% → 0.000%
- $9.75
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$2.97
- Costs to cover
- 0.130%
- Break-even
- 79.7 days
Slippage unknown: Orderly: no order-book sample; Deribit: live order book, 26 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Deribit live order book, 26 min ago | 4.28 bp | 7.8 bp −$8 | 15.4 bp −$154 | doesn't fit | doesn't fit |
Orderly: 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 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni HBARUSDT | −0.0091% | 1h | 0.09264 | +0.325% | $148K | $724K | 50x | as long as short |
| KuCoin HBARUSDTM | −0.0077% | 8h | 0.09202 | −0.347% | $7.2M | $7.4M | 75x | as long as short |
| Lighter HBAR | 0.0000% | 1h | 0.09200 | −0.368% | $559K | $595K | 5x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09205 | −0.311% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09244 | +0.105% | $8K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | +0.520% | $1K | $106K | 12x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09258 | +0.260% | $226K | $2.1M | 50x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0068% | 8h | 0.09231 | −0.031% | $376K | $2.2M | 10x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0069% | 1h | 0.09241 | +0.079% | $1.4M | $2.4M | 50x | as long as short |
| MEXC HBAR_USDT | +0.0071% | 8h | 0.09201 | −0.357% | $26.3M | $21.7M | 200x | as long as short |
ApeX Omni HBARUSDT
KuCoin HBARUSDTM
Lighter HBAR
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Coinbase International HBAR-PERP-INTX
GRVT HBAR_USDT_Perp
Kraken Futures PF_HBARUSD
MEXC HBAR_USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance HBARUSDT | +0.0071% | 8h | 0.09203 | −0.336% | $34.3M | $104.7M | 75x | as long as short |
| Extended HBAR-USD | +0.0072% | 1h | 0.09199 | −0.378% | $47K | $278K | 10x | as long as short |
| Orderly PERP_HBAR_USDClong | +0.0074% | 8h | 0.09234 | long leg | $2K | $17K | 10x | |
| Deribit HBAR_USDC-PERPETUALshort | +0.0075% | 1h | 0.09243 | +0.097% | $509K | $154K | 50x | |
| Variational Omni HBAR | +0.0075% | 8h | 0.09246 | +0.131% | $1.0M | $186K | — | as long as short |
| Gate HBAR_USDT | +0.0079% | 8h | 0.09202 | −0.347% | $2.4M | $3.0M | 75x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09213 | −0.224% | $8.8M | $2.7M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09210 | −0.257% | $210K | $346K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09201 | −0.357% | $32.7M | $35.0M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09205 | −0.314% | $6.7M | $24.6M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09206 | −0.303% | $17.1M | $14.9M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09202 | −0.347% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09227 | −0.076% | $34K | $120K | 15x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09235 | +0.011% | $429 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09256 | +0.238% | $71K | $66K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09235 | +0.011% | $2.2M | $2.1M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0191% | 8h | 0.09272 | +0.412% | $1.5M | $5.5M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0487% / S −0.0549% | 1h | 0.09244 | +0.112% | $115K | — | 100x | as long as short |
Binance HBARUSDT
Extended HBAR-USD
Variational Omni HBAR
Gate HBAR_USDT
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]