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: Bybit against Phemex−0.105%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$610.615% of the position
Funding, last 7 days−0.090%−$9 on $10k
+Price spread, last 4 days (all we have)+0.231%+$23 · spread now −0.105%, 7d avg −0.023%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.082% cheaper against Phemex than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex HBARUSDT | 0.09548 | 0.0100 | pay 0.0100% / 8h | 7h 30m | $2.2M | $2.6M | 50x |
| Short | Bybit HBARUSDT | 0.09538 | 0.0100 | get 0.0100% / 8h | 7h 30m | $33.3M | $37.7M | 75x |
Phemex HBARUSDT
Bybit HBARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.105% → −0.023%
- −$8.2
- Slippage, 4 orders
- −$38.47
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$69.67
- Costs to cover
- 0.615%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 3 min ago; Bybit: live order book, 3 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, 3 min ago | 1.04 bp | 17.4 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 0.52 bp | 10.3 bp −$10 | 22.1 bp −$221 | 111.1 bp −$11.1K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate HBAR_USDT | −0.0044% | 8h | 0.09548 | 0.000% | $2.5M | $2.8M | 75x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0008% | 1h | 0.09561 | +0.132% | $11K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | −2.786% | $1K | $96K | 12x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0064% | 1h | 0.09557 | +0.094% | $526K | $177K | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0087% | 8h | 0.09552 | +0.042% | $2K | $11K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0088% | 1h | 0.09615 | +0.702% | $228K | $2.7M | 50x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09551 | +0.031% | $572K | $603K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09562 | +0.142% | $8.9M | $3.8M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09551 | +0.034% | $228K | $350K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09540 | −0.082% | $36.0M | $114.9M | 75x | as long as short |
Gate HBAR_USDT
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Deribit HBAR_USDC-PERPETUAL
Orderly PERP_HBAR_USDC
Coinbase International HBAR-PERP-INTX
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Binance HBARUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit HBARUSDTshort | +0.0100% | 8h | 0.09538 | −0.105% | $33.3M | $37.7M | 75x | |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09541 | −0.073% | $6.8M | $26.8M | 50x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09544 | −0.042% | $26.6M | $20.5M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09542 | −0.063% | $7.4M | $7.4M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09540 | −0.084% | $17.6M | $17.5M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09543 | −0.052% | — | $6.8M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09549 | +0.010% | $34K | $202K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09617 | +0.722% | $1.1M | $179K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09591 | +0.454% | $384K | $3.3M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09577 | +0.304% | $155K | $698K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09548 | 0.000% | $443 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09584 | +0.377% | $73K | $74K | 20x | as long as short |
| Phemex HBARUSDTlong | +0.0100% | 8h | 0.09548 | long leg | $2.2M | $2.6M | 50x | |
| Extended HBAR-USD | +0.0104% | 1h | 0.09535 | −0.132% | $50K | $305K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09542 | −0.063% | $1.6M | $5.9M | 90x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0284% | 1h | 0.09557 | +0.099% | $1.4M | $3.1M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0366% / S −0.0286% | 1h | 0.09549 | +0.014% | $83K | — | 100x | as long as short |
| dYdX HBAR-USD | +0.1556% | 1h | 0.09568 | +0.214% | $33K | $13K | 5x | as long as short |
OKX HBAR-USDT-SWAP
MEXC HBAR_USDT
KuCoin HBARUSDTM
Bitget HBARUSDT
BingX HBAR-USDC
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]
dYdX HBAR-USD