Funding you earn now, next payment 06:00 UTC−0.0020%/8h= −2.2% APRpaid last 24h +0.028%
Price spread now: Coinbase International against Variational Omni+0.218%7-day average +0.043% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.056%+$6 on $10k
+Price spread, last 4 days (all we have)−0.208%−$21 · spread now +0.218%, 7d avg +0.043%
=Together, before fees−0.152%+ Points / potential airdropVariational Omni: Active · farm board−$15 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Coinbase International is 0.175% dearer against Variational Omni than usual: you sell high and buy low (spread +0.218% now, against its 7-day average of +0.043%): +$17 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 29 days. Mind the row above: over the last 4 days funding on this pair paid +0.056%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni HBAR | 0.09269 | 0.0100 | pay 0.0100% / 8h | 1h 57m | $1.0M | $187K | — |
| Short | Coinbase International HBAR-PERP-INTX | 0.09289 | 0.0080 | get 0.0010% / 1h | 57m 54s | $215K | $2.3M | 50x |
Variational Omni HBAR
Coinbase International HBAR-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Variational Omni. 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
- −$4.2
- Price spread: +0.218% → +0.043%
- $17.49
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $3.29
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Coinbase International: live order book, 1 min ago. 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 Variational Omni RFQ quote, 1 min ago | 3.78 bp | doesn't fit | 18.9 bp −$189 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 1 min ago | 2.15 bp | 14.0 bp −$14 | 16.9 bp −$169 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack HBAR_USDC_PERP | −0.0532% | 1h | 0.09290 | +0.229% | $31K | $201K | 15x | as long as short |
| Kraken Futures PF_HBARUSD | −0.0266% | 1h | 0.09290 | +0.226% | $1.3M | $3.0M | 50x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09290 | +0.230% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0011% | 1h | 0.09291 | +0.241% | $9K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | +0.143% | $1K | $103K | 12x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0073% | 1h | 0.09295 | +0.283% | $512K | $179K | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0077% | 8h | 0.09285 | +0.175% | $4K | $16K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTXshort | +0.0080% | 1h | 0.09289 | +0.218% | $215K | $2.3M | 50x | |
| Lighter HBAR | +0.0096% | 1h | 0.09283 | +0.153% | $561K | $597K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09299 | +0.325% | $8.7M | $3.7M | 5x | as long as short |
Backpack HBAR_USDC_PERP
Kraken Futures PF_HBARUSD
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Deribit HBAR_USDC-PERPETUAL
Orderly PERP_HBAR_USDC
Lighter HBAR
Hyperliquid HBARShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HBARUSDT | +0.0100% | 8h | 0.09294 | +0.271% | $199K | $335K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09288 | +0.207% | $34.0M | $111.9M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09292 | +0.250% | $32.0M | $35.8M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09291 | +0.240% | $6.6M | $25.5M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09288 | +0.207% | $2.4M | $2.7M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09291 | +0.240% | $25.0M | $19.6M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09293 | +0.261% | $7.4M | $7.5M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09290 | +0.229% | $17.2M | $16.0M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09291 | +0.240% | — | $6.7M | — | as long as short |
| Variational Omni HBARlong | +0.0100% | 8h | 0.09269 | long leg | $1.0M | $187K | — | |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09270 | +0.011% | $381K | $3.0M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09276 | +0.078% | $151K | $707K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09285 | +0.175% | $431 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09314 | +0.488% | $71K | $70K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09286 | +0.186% | $2.1M | $2.3M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09286 | +0.190% | $48K | $226K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09270 | +0.013% | $1.5M | $5.7M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0360% / S −0.0261% | 1h | 0.09294 | +0.269% | $84K | — | 100x | as long as short |
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
MEXC HBAR_USDT
KuCoin HBARUSDTM
Bitget HBARUSDT
BingX HBAR-USDC
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]