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

HBAR

all HBAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.005%
Price spread now: Phemex against ApeX Omni+0.308%7-day average −0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$680.680% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.008%+$1 on $10k
Price spread, last 4 days (all we have)−0.201%−$20 · spread now +0.308%, 7d avg −0.024%
Together, before fees−0.192%−$19 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: Phemex is 0.332% dearer against ApeX Omni than usual: you sell high and buy low, +$33 on $10k if it goes back to its 7-day average of −0.024%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni HBARUSDT0.094140.0100pay 0.0013% / 1h54m 36s$152K$711K50x
ShortPhemex HBARUSDT0.094430.0100get 0.0100% / 8h3h 54m$2.2M$2.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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: +0.308% → −0.024%
$33.23
Slippage, 4 orders
−$45.96
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$34.73
Costs to cover
0.680%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 64 min ago; Phemex: live order book, 4 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, 64 min ago3.80 bp12.6 bp −$13100.0 bp −$1,000doesn't fitdoesn't fit
Sell Phemex live order book, 4 min ago6.37 bp22.1 bp −$22doesn't fitdoesn'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
dYdX HBAR-USD0.0000%1h0.09445+0.331%$31K$4K5xas long as short
gTrade (Gains Network) HBAR/USDL +0.0007% / S −0.0011%1h0.09445+0.325%$9K150xas long as short
Injective HBAR/USDC PERP+0.0033%1h0.09282−1.402%$1K$105K12xas long as short
KuCoin HBARUSDTM+0.0056%8h0.09440+0.276%$7.2M$7.3M75xas long as short
Deribit HBAR_USDC-PERPETUAL+0.0068%1h0.09444+0.319%$520K$186K50xas long as short
Coinbase International HBAR-PERP-INTX+0.0080%1h0.09443+0.308%$224K$2.3M50xas long as short
Orderly PERP_HBAR_USDC+0.0080%8h0.09436+0.234%$2K$14K10xas long as short
Lighter HBAR+0.0096%1h0.09437+0.244%$570K$602K5xas long as short
Gate HBAR_USDT+0.0099%8h0.09440+0.276%$2.5M$2.7M75xas long as short
Aster HBARUSDT+0.0100%8h0.09442+0.300%$215K$328K50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance HBARUSDT+0.0100%8h0.09439+0.266%$35.0M$108.0M75xas long as short
Bybit HBARUSDT+0.0100%8h0.09438+0.255%$33.3M$34.8M75xas long as short
OKX HBAR-USDT-SWAP+0.0100%8h0.09437+0.244%$6.7M$25.5M50xas long as short
MEXC HBAR_USDT+0.0100%8h0.09437+0.244%$26.3M$19.4M200xas long as short
Bitget HBARUSDT+0.0100%8h0.09436+0.234%$17.2M$15.2M75xas long as short
BingX HBAR-USDT+0.0100%8h0.09436+0.234%$6.4Mas long as short
Backpack HBAR_USDC_PERP+0.0100%1h0.09444+0.319%$39K$201K15xas long as short
Variational Omni HBAR+0.0100%8h0.09437+0.243%$1.0M$187Kas long as short
GRVT HBAR_USDT_Perp+0.0100%8h0.094140.000%$384K$2.6M10xas long as short
ApeX Omni HBARUSDTlong+0.0100%1h0.09414long leg$152K$711K50x
SoDEX HBAR-USD+0.0100%1h0.09442+0.297%$438$5K5xas long as short
HTX HBAR-USDT+0.0100%8h0.09459+0.478%$72K$68K20xas long as short
Phemex HBARUSDTshort+0.0100%8h0.09443+0.308%$2.2M$2.1M50x
Extended HBAR-USD+0.0104%1h0.09436+0.228%$50K$277K10xas long as short
BloFin HBAR-USDT+0.0220%8h0.09439+0.266%$1.5M$5.6M90xas long as short
GMX HBAR/USD [WBTC.b-USDC]L +0.0350% / S −0.0243%1h0.09445+0.335%$82K100xas long as short
Kraken Futures PF_HBARUSD+0.0356%1h0.09446+0.342%$1.4M$2.8M50xas long as short
Hyperliquid HBAR+0.0663%1h0.09458+0.467%$9.6M$3.2M5xas long as short