Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Phemex+0.237%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$730.734% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.136%−$14 · spread now +0.237%, 7d avg −0.009%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.246% dearer against Phemex than usual: you sell high and buy low, +$25 on $10k if it goes back to its 7-day average of −0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex HBARUSDT | 0.09710 | 0.0100 | pay 0.0100% / 8h | 6h 57m | $2.6M | $3.3M | 50x |
| Short | Bitget HBARUSDT | 0.09733 | 0.0100 | get 0.0100% / 8h | 6h 57m | $18.5M | $18.0M | 75x |
Phemex HBARUSDT
Bitget HBARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: +0.237% → −0.009%
- $24.62
- Slippage, 4 orders
- −$49.41
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$48.78
- Costs to cover
- 0.734%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 6 min ago; Bitget: live order book, 1 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, 6 min ago | 8.20 bp | 24.3 bp −$24 | 49.7 bp −$497 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 1.54 bp | 10.8 bp −$11 | 23.4 bp −$234 | 78.3 bp −$7,834 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0008% | 1h | 0.09730 | +0.209% | $11K | — | 150x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0089% | 8h | 0.09699 | −0.113% | $1K | $11K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09698 | −0.124% | $585K | $585K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09721 | +0.111% | $9.1M | $4.0M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09737 | +0.281% | $233K | $351K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09732 | +0.229% | $37.5M | $114.7M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09728 | +0.185% | $34.4M | $38.0M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09729 | +0.196% | $6.9M | $27.8M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09736 | +0.268% | $2.5M | $2.8M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09733 | +0.237% | $27.8M | $20.0M | 200x | as long as short |
gTrade (Gains Network) HBAR/USD
Orderly PERP_HBAR_USDC
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
MEXC HBAR_USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09737 | +0.278% | $7.5M | $7.4M | 75x | as long as short |
| Bitget HBARUSDTshort | +0.0100% | 8h | 0.09733 | +0.237% | $18.5M | $18.0M | 75x | |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09732 | +0.227% | — | $7.6M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09708 | −0.021% | $38K | $199K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09695 | −0.158% | $1.1M | $171K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09713 | +0.027% | $390K | $3.5M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09721 | +0.113% | $157K | $698K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09692 | −0.185% | $450 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09708 | −0.021% | $75K | $75K | 20x | as long as short |
| Phemex HBARUSDTlong | +0.0100% | 8h | 0.09710 | long leg | $2.6M | $3.3M | 50x | |
| Extended HBAR-USD | +0.0104% | 1h | 0.09717 | +0.075% | $53K | $303K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0144% | 1h | 0.09704 | −0.062% | $241K | $2.9M | 50x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0162% | 1h | 0.09702 | −0.082% | $534K | $176K | 50x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09704 | −0.062% | $1.6M | $6.0M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0375% / S −0.0376% | 1h | 0.09718 | +0.080% | $80K | — | 100x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0881% | 1h | 0.09702 | −0.079% | $1.4M | $3.4M | 50x | as long as short |
| dYdX HBAR-USD | +0.1322% | 1h | 0.09702 | −0.082% | $38K | $18K | 5x | as long as short |
| Injective HBAR/USDC PERP | +0.1373% | 1h | 0.09716 | +0.062% | $1K | $98K | 12x | as long as short |
KuCoin HBARUSDTM
BingX HBAR-USDT
Backpack HBAR_USDC_PERP
Variational Omni HBAR
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Extended HBAR-USD
Coinbase International HBAR-PERP-INTX
Deribit HBAR_USDC-PERPETUAL
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]
Kraken Futures PF_HBARUSD
dYdX HBAR-USD
Injective HBAR/USDC PERP