Settings8H · net · $10k
Funding arb · Price arb /

HBAR

all HBAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.004%
Price spread now: Bybit against ApeX Omni+0.549%49s7-day average −0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$460.458% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.082%−$8 on $10k
Price spread, last 3 days (all we have)−0.646%−$65 · spread now +0.549%, 7d avg −0.051%
Together, before fees−0.729%−$73 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.601% dearer against ApeX Omni than usual: you sell high and buy low, +$60 on $10k if it goes back to its 7-day average of −0.051%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni HBARUSDT0.092820.0100pay 0.0013% / 1h2m 50s$149K$709K50x
ShortBybit HBARUSDT0.093330.0100get 0.0100% / 8h2m 50s$33.2M$36.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against ApeX Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.549% → −0.051%
$60.08
Slippage, 4 orders
−$24.77
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$14.31
Costs to cover
0.458%
Break-even
from the start
Slippage from ApeX Omni: live order book, 11 min ago; Bybit: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 11 min ago4.32 bp11.9 bp −$12104.9 bp −$1,049doesn't fitdoesn't fit
Sell Bybit live order book, 6 min ago0.54 bp11.3 bp −$1122.3 bp −$22374.2 bp −$7,423doesn't fit

HBAR on 28 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin HBARUSDTM−0.0074%8h0.09329+0.506%$7.4M$7.8M75xas long as short
Gate HBAR_USDT−0.0031%8h0.09329+0.506%$2.4M$3.6M75xas long as short
dYdX HBAR-USD0.0000%1h0.09338+0.607%$30K$4K5xas long as short
Deribit HBAR_USDC-PERPETUAL0.0000%1h0.09333+0.549%$514K$166K50xas long as short
gTrade (Gains Network) HBAR/USDL +0.0007% / S −0.0014%1h0.09329+0.511%$8K150xas long as short
Coinbase International HBAR-PERP-INTX+0.0064%1h0.09326+0.474%$222K$2.2M50xas long as short
Variational Omni HBAR+0.0076%8h0.09262−0.213%$1.0M$202Kas long as short
Orderly PERP_HBAR_USDC+0.0080%8h0.09323+0.442%$2K$17K10xas long as short
MEXC HBAR_USDT+0.0087%8h0.09333+0.549%$26.0M$22.5M200xas long as short
Binance HBARUSDT+0.0088%8h0.09332+0.542%$35.1M$109.6M75xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended HBAR-USD+0.0088%1h0.09329+0.503%$51K$218K10xas long as short
Lighter HBAR+0.0096%1h0.09334+0.560%$572K$592K5xas long as short
Hyperliquid HBAR+0.0100%1h0.09346+0.688%$8.9M$2.9M5xas long as short
Aster HBARUSDT+0.0100%8h0.09328+0.498%$213K$429K50xas long as short
Bybit HBARUSDTshort+0.0100%8h0.09333+0.549%$33.2M$36.6M75x
OKX HBAR-USDT-SWAP+0.0100%8h0.09335+0.571%$6.9M$25.3M50xas long as short
Bitget HBARUSDT+0.0100%8h0.09335+0.571%$17.3M$14.9M75xas long as short
BingX HBAR-USDC+0.0100%8h0.09327+0.485%$6.7Mas long as short
Backpack HBAR_USDC_PERP+0.0100%1h0.09336+0.582%$34K$101K15xas long as short
GRVT HBAR_USDT_Perp+0.0100%8h0.09274−0.086%$381K$2.2M10xas long as short
ApeX Omni HBARUSDTlong+0.0100%1h0.09282long leg$149K$709K50x
SoDEX HBAR-USD+0.0100%1h0.09325+0.463%$433$6K5xas long as short
HTX HBAR-USDT+0.0100%8h0.09344+0.668%$74K$55K20xas long as short
Phemex HBARUSDT+0.0100%8h0.09323+0.442%$2.2M$2.2M50xas long as short
BloFin HBAR-USDT+0.0208%8h0.09333+0.549%$1.5M$5.8M90xas long as short
Injective HBAR/USDC PERP+0.0242%1h0.09267−0.162%$1K$112K12xas long as short
Kraken Futures PF_HBARUSD+0.0410%1h0.09333+0.552%$1.4M$2.3M50xas long as short
GMX HBAR/USD [WBTC.b-USDC]L +0.0449% / S −0.0478%1h0.09329+0.509%$105K100xas long as short