Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.011%
Price spread now: BingX against Phemex+0.076%7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$690.693% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 3 days (all we have)−0.081%−$8 · spread now +0.076%, 7d avg −0.017%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.094% dearer against Phemex than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.017%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex HBARUSDT | 0.09178 | 0.0100 | pay 0.0100% / 8h | 5h 53m | $2.1M | $2.1M | 50x |
| Short | BingX HBAR-USDC | 0.09185 | 0.0100 | get 0.0100% / 8h | 5h 53m | — | $6.7M | — |
Phemex HBARUSDT
BingX HBAR-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Phemex. 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: +0.076% → −0.017%
- $9.36
- Slippage, 4 orders
- −$47.25
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$59.89
- Costs to cover
- 0.693%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 5 min ago; BingX: live order book, 14 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 Phemex live order book, 5 min ago | 1.09 bp | 18.7 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 14 min ago | 1.08 bp | 20.0 bp −$20 | 72.1 bp −$721 | 774.3 bp −$77.4K | 1269.9 bp −$635.0K |
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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni HBARUSDT | −0.0670% | 1h | 0.09177 | −0.011% | $146K | $712K | 50x | as long as short |
| KuCoin HBARUSDTM | −0.0047% | 8h | 0.09175 | −0.033% | $7.1M | $7.3M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09176 | −0.026% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09177 | −0.013% | $8K | — | 150x | as long as short |
| Lighter HBAR | +0.0048% | 1h | 0.09176 | −0.022% | $558K | $591K | 5x | as long as short |
| Gate HBAR_USDT | +0.0051% | 8h | 0.09172 | −0.065% | $2.4M | $2.8M | 75x | as long as short |
| Variational Omni HBAR | +0.0064% | 8h | 0.09219 | +0.446% | $1.0M | $187K | — | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09183 | +0.054% | $224K | $2.1M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0078% | 8h | 0.09174 | −0.044% | $2K | $17K | 10x | as long as short |
| MEXC HBAR_USDT | +0.0087% | 8h | 0.09177 | −0.011% | $25.8M | $19.5M | 200x | as long as short |
ApeX Omni HBARUSDT
KuCoin HBARUSDTM
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Lighter HBAR
Gate HBAR_USDT
Variational Omni HBAR
Coinbase International HBAR-PERP-INTX
Orderly PERP_HBAR_USDC
MEXC HBAR_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended HBAR-USD | +0.0088% | 1h | 0.09173 | −0.049% | $51K | $277K | 10x | as long as short |
| Binance HBARUSDT | +0.0088% | 8h | 0.09176 | −0.017% | $33.9M | $103.9M | 75x | as long as short |
| Injective HBAR/USDC PERP | +0.0090% | 1h | 0.09282 | +1.133% | $1K | $106K | 12x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09178 | −0.004% | $8.8M | $2.6M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09171 | −0.071% | $209K | $322K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09176 | −0.022% | $32.5M | $33.9M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09177 | −0.011% | $6.7M | $24.1M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09184 | +0.065% | $17.0M | $14.8M | 75x | as long as short |
| BingX HBAR-USDCshort | +0.0100% | 8h | 0.09185 | +0.076% | — | $6.7M | — | |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09179 | +0.011% | $32K | $120K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09181 | +0.030% | $372K | $2.3M | 10x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09175 | −0.033% | $426 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09187 | +0.098% | $70K | $66K | 20x | as long as short |
| Phemex HBARUSDTlong | +0.0100% | 8h | 0.09178 | long leg | $2.1M | $2.1M | 50x | |
| Deribit HBAR_USDC-PERPETUAL | +0.0186% | 1h | 0.09184 | +0.065% | $506K | $151K | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0206% | 1h | 0.09183 | +0.050% | $1.4M | $2.4M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0346% / S −0.0242% | 1h | 0.09178 | −0.002% | $79K | — | 100x | as long as short |
Extended HBAR-USD
Binance HBARUSDT
Injective HBAR/USDC PERP
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
Backpack HBAR_USDC_PERP
GRVT HBAR_USDT_Perp
SoDEX HBAR-USD
HTX HBAR-USDT
Deribit HBAR_USDC-PERPETUAL
Kraken Futures PF_HBARUSD
GMX HBAR/USD [WBTC.b-USDC]