Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.407%
Price spread now: dYdX against Phemex+0.131%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
The price spread pays, funding is against you. dYdX is 0.131% dearer against Phemex than usual: you sell high and buy low (spread +0.131% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex HBARUSDT | 0.09235 | 0.0100 | pay 0.0100% / 8h | 6h 18m | $2.1M | $2.2M | 50x |
| Short | dYdX HBAR-USD | 0.09247 | 0 | get 0.0000% / 1h | 18m 34s | $30K | $4K | 5x |
Phemex HBARUSDT
dYdX HBAR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$21
- Price spread: +0.131% → 0.000%
- $13.13
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$29.87
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Phemex: live order book, 5 min ago; dYdX: no order-book sample. 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 Phemex live order book, 5 min ago | 4.32 bp | 19.7 bp −$20 | 34.2 bp −$342 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HBARUSDTM | −0.0065% | 8h | 0.09251 | +0.173% | $7.2M | $7.4M | 75x | as long as short |
| dYdX HBAR-USDshort | 0.0000% | 1h | 0.09247 | +0.131% | $30K | $4K | 5x | |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09237 | +0.020% | $8K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | +0.509% | $1K | $106K | 12x | as long as short |
| ApeX Omni HBARUSDT | +0.0036% | 1h | 0.09243 | +0.087% | $147K | $714K | 50x | as long as short |
| Gate HBAR_USDT | +0.0044% | 8h | 0.09251 | +0.173% | $2.4M | $3.0M | 75x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09219 | −0.173% | $218K | $2.1M | 50x | as long as short |
| Variational Omni HBAR | +0.0066% | 8h | 0.09240 | +0.052% | $1.0M | $187K | — | as long as short |
| Kraken Futures PF_HBARUSD | +0.0069% | 1h | 0.09241 | +0.069% | $1.4M | $2.4M | 50x | as long as short |
| Extended HBAR-USD | +0.0072% | 1h | 0.09247 | +0.134% | $47K | $278K | 10x | as long as short |
KuCoin HBARUSDTM
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
ApeX Omni HBARUSDT
Gate HBAR_USDT
Coinbase International HBAR-PERP-INTX
Variational Omni HBAR
Kraken Futures PF_HBARUSD
Extended HBAR-USDShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance HBARUSDT | +0.0075% | 8h | 0.09239 | +0.043% | $34.3M | $104.6M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0075% | 8h | 0.09248 | +0.141% | $26.1M | $22.0M | 200x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09233 | −0.022% | $2K | $17K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09249 | +0.152% | $562K | $596K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09259 | +0.259% | $8.9M | $2.7M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09246 | +0.124% | $211K | $322K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09238 | +0.032% | $32.8M | $34.6M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09241 | +0.065% | $6.7M | $24.5M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09241 | +0.065% | $17.1M | $14.9M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09244 | +0.097% | — | $6.2M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09245 | +0.108% | $32K | $120K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09248 | +0.141% | $379K | $2.2M | 10x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09237 | +0.022% | $429 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09256 | +0.227% | $71K | $66K | 20x | as long as short |
| Phemex HBARUSDTlong | +0.0100% | 8h | 0.09235 | long leg | $2.1M | $2.2M | 50x | |
| Deribit HBAR_USDC-PERPETUAL | +0.0291% | 1h | 0.09244 | +0.097% | $509K | $151K | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0487% / S −0.0549% | 1h | 0.09236 | +0.005% | $114K | — | 100x | as long as short |
Binance HBARUSDT
MEXC HBAR_USDT
Orderly PERP_HBAR_USDC
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDT
Backpack HBAR_USDC_PERP
GRVT HBAR_USDT_Perp
SoDEX HBAR-USD
HTX HBAR-USDT
Deribit HBAR_USDC-PERPETUAL
GMX HBAR/USD [WBTC.b-USDC]