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

HBAR

all HBAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0179%/8h= +19.6% APRnext payment +$0.22 per $10,000 · paid last 24h +0.066%
Price spread now: Kraken Futures against ApeX Omni+0.463%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$590.592% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.196%+$20 on $10k
Price spread, last 4 days (all we have)−0.219%−$22 · spread now +0.463%, 7d avg +0.048%
Together, before fees−0.022%−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Kraken Futures is 0.415% dearer against ApeX Omni than usual: you sell high and buy low: +$41 more if the spread goes back to its 7-day average of +0.048%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni HBARUSDT0.096730.0100pay 0.0013% / 1h1m 04s$156K$698K50x
ShortKraken Futures PF_HBARUSD0.097180.0279get 0.0035% / 1h1m 04s$1.4M$3.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$37.61
Price spread: +0.463% → +0.048%
$41.49
Slippage, 4 orders
−$39.17
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$19.93
Costs to cover
0.592%
Break-even
3.3 days
Slippage from ApeX Omni: live order book, 33 min ago; Kraken Futures: live order book, 3 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, 33 min ago6.79 bp15.0 bp −$15108.3 bp −$1,083doesn't fitdoesn't fit
Sell Kraken Futures live order book, 3 min ago7.17 bp14.4 bp −$1425.4 bp −$254doesn't fitdoesn'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
gTrade (Gains Network) HBAR/USDL +0.0007% / S −0.0008%1h0.09715+0.438%$11K150xas long as short
Injective HBAR/USDC PERP+0.0033%1h0.09716+0.445%$1K$98K12xas long as short
Coinbase International HBAR-PERP-INTX+0.0088%1h0.09736+0.651%$241K$2.9M50xas long as short
Orderly PERP_HBAR_USDC+0.0089%8h0.09712+0.403%$1K$11K10xas long as short
Lighter HBAR+0.0096%1h0.09710+0.383%$586K$617K5xas long as short
Aster HBARUSDT+0.0100%8h0.09713+0.411%$232K$350K50xas long as short
Binance HBARUSDT+0.0100%8h0.09704+0.320%$36.9M$115.1M75xas long as short
Bybit HBARUSDT+0.0100%8h0.09699+0.269%$34.2M$37.9M75xas long as short
OKX HBAR-USDT-SWAP+0.0100%8h0.09704+0.320%$6.9M$27.7M50xas long as short
Gate HBAR_USDT+0.0100%8h0.09705+0.331%$2.5M$3.0M75xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC HBAR_USDT+0.0100%8h0.09716+0.445%$27.5M$21.0M200xas long as short
KuCoin HBARUSDTM+0.0100%8h0.09709+0.372%$7.5M$7.4M75xas long as short
Bitget HBARUSDT+0.0100%8h0.09704+0.320%$18.4M$17.9M75xas long as short
BingX HBAR-USDT+0.0100%8h0.09705+0.331%$7.6Mas long as short
Backpack HBAR_USDC_PERP+0.0100%1h0.09704+0.320%$38K$199K15xas long as short
Variational Omni HBAR+0.0100%8h0.09650−0.239%$1.1M$171Kas long as short
GRVT HBAR_USDT_Perp+0.0100%8h0.09727+0.554%$400K$3.5M10xas long as short
ApeX Omni HBARUSDTlong+0.0100%1h0.09673long leg$156K$698K50x
SoDEX HBAR-USD+0.0100%1h0.09711+0.393%$451$5K5xas long as short
HTX HBAR-USDT+0.0100%8h0.09738+0.672%$75K$74K20xas long as short
Phemex HBARUSDT+0.0100%8h0.09708+0.362%$2.6M$3.4M50xas long as short
Extended HBAR-USD+0.0104%1h0.09699+0.273%$53K$307K10xas long as short
Hyperliquid HBAR+0.0131%1h0.09715+0.438%$9.1M$4.0M5xas long as short
Deribit HBAR_USDC-PERPETUAL+0.0162%1h0.09718+0.465%$535K$191K50xas long as short
BloFin HBAR-USDT+0.0220%8h0.09701+0.289%$1.6M$6.0M90xas long as short
Kraken Futures PF_HBARUSDshort+0.0279%1h0.09718+0.463%$1.4M$3.4M50x
GMX HBAR/USD [WBTC.b-USDC]L +0.0375% / S −0.0376%1h0.09718+0.463%$80K100xas long as short
dYdX HBAR-USD+0.1805%1h0.09740+0.696%$39K$18K5xas long as short