Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Phemex+0.021%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$550.549% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.017%+$2 · spread now +0.021%, 7d avg −0.010%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.031% dearer against Phemex than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex HBARUSDT | 0.09452 | 0.0100 | pay 0.0100% / 8h | 3h 27m | $2.2M | $2.2M | 50x |
| Short | Bitget HBARUSDT | 0.09454 | 0.0100 | get 0.0100% / 8h | 3h 27m | $17.3M | $15.5M | 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: +0.021% → −0.010%
- $3.11
- Slippage, 4 orders
- −$30.89
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$51.78
- Costs to cover
- 0.549%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 1 min ago; Bitget: live order book, 2 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, 1 min ago | 2.64 bp | 15.5 bp −$16 | 35.5 bp −$355 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 1.06 bp | 11.8 bp −$12 | 20.9 bp −$209 | 49.3 bp −$4,929 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX HBAR-USD | 0.0000% | 1h | 0.09454 | +0.022% | $31K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0011% | 1h | 0.09454 | +0.025% | $9K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | −1.799% | $1K | $105K | 12x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0067% | 1h | 0.09456 | +0.042% | $521K | $190K | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0080% | 8h | 0.09452 | 0.000% | $2K | $14K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0080% | 1h | 0.09452 | 0.000% | $230K | $2.3M | 50x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09450 | −0.021% | $570K | $616K | 5x | as long as short |
| KuCoin HBARUSDTM | +0.0097% | 8h | 0.09450 | −0.021% | $7.6M | $7.4M | 75x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09456 | +0.038% | $203K | $336K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09450 | −0.026% | $35.1M | $109.5M | 75x | as long as short |
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Deribit HBAR_USDC-PERPETUAL
Orderly PERP_HBAR_USDC
Coinbase International HBAR-PERP-INTX
Lighter HBAR
KuCoin HBARUSDTM
Aster HBARUSDT
Binance HBARUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit HBARUSDT | +0.0100% | 8h | 0.09446 | −0.063% | $33.4M | $35.1M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09446 | −0.063% | $6.7M | $25.9M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09453 | +0.011% | $2.4M | $2.7M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09451 | −0.011% | $26.3M | $19.7M | 200x | as long as short |
| Bitget HBARUSDTshort | +0.0100% | 8h | 0.09454 | +0.021% | $17.3M | $15.5M | 75x | |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09452 | 0.000% | — | $6.5M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09452 | 0.000% | $38K | $201K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09510 | +0.612% | $1.1M | $187K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09478 | +0.280% | $386K | $2.7M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09513 | +0.645% | $155K | $711K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09450 | −0.021% | $439 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09499 | +0.497% | $72K | $68K | 20x | as long as short |
| Phemex HBARUSDTlong | +0.0100% | 8h | 0.09452 | long leg | $2.2M | $2.2M | 50x | |
| Extended HBAR-USD | +0.0104% | 1h | 0.09451 | −0.010% | $50K | $273K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09447 | −0.053% | $1.5M | $5.6M | 90x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0355% | 1h | 0.09456 | +0.045% | $1.3M | $2.9M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0564% / S −0.0568% | 1h | 0.09454 | +0.023% | $143K | — | 100x | as long as short |
| Hyperliquid HBAR | +0.0635% | 1h | 0.09470 | +0.196% | $9.5M | $3.3M | 5x | as long as short |
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
MEXC HBAR_USDT
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
BloFin HBAR-USDT
Kraken Futures PF_HBARUSD
GMX HBAR/USD [WBTC.b-USDC]
Hyperliquid HBAR