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

HBAR

all HBAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0579%/8h= +63.4% APRpaid last 24h +0.023%
Price spread now: Hyperliquid against Aster+0.128%7-day average +0.086% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.048%+$5 on $10k
Price spread, last 4 days (all we have)−0.009%−$1 · spread now +0.128%, 7d avg +0.086%
Together, before fees+0.039%+ Points / potential airdropAster: Stage 5 · Hyperliquid: Season 2 · farm board+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Hyperliquid is 0.042% dearer against Aster than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.086%.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid 0.048% in total (about 3.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster HBARUSDT0.094900.0100pay 0.0100% / 8h3h 34m$216K$336K50x
ShortHyperliquid HBAR0.095020.0679get 0.0085% / 1h34m 28s$9.6M$3.2M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Aster. 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
$121.64
Price spread: +0.128% → +0.086%
$4.17
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$108.82
Costs to cover
0.170%
Break-even
0.7 days
Slippage unknown: Aster: live order book, 18 min ago; Hyperliquid: live order book, 8 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 18 min ago12.14 bp33.5 bp −$33146.8 bp −$1,468doesn't fitdoesn't fit
Sell Hyperliquid live order book, 8 min ago0.10 bp7.3 bp −$7doesn'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%1h0.09483−0.072%$31K$4K5xas long as short
gTrade (Gains Network) HBAR/USDL +0.0007% / S −0.0011%1h0.09486−0.033%$9K150xas long as short
Injective HBAR/USDC PERP+0.0033%1h0.09282−2.187%$1K$105K12xas long as short
Deribit HBAR_USDC-PERPETUAL+0.0066%1h0.09491+0.015%$523K$190K50xas long as short
Orderly PERP_HBAR_USDC+0.0080%8h0.09483−0.069%$3K$14K10xas long as short
Coinbase International HBAR-PERP-INTX+0.0080%1h0.09479−0.112%$233K$2.3M50xas long as short
KuCoin HBARUSDTM+0.0085%8h0.09486−0.038%$7.5M$7.4M75xas long as short
Lighter HBAR+0.0096%1h0.09488−0.017%$572K$614K5xas long as short
Aster HBARUSDTlong+0.0100%8h0.09490long leg$216K$336K50x
Binance HBARUSDT+0.0100%8h0.09480−0.101%$35.2M$109.0M75xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit HBARUSDT+0.0100%8h0.09480−0.101%$33.5M$35.0M75xas long as short
OKX HBAR-USDT-SWAP+0.0100%8h0.09482−0.080%$6.7M$25.8M50xas long as short
Gate HBAR_USDT+0.0100%8h0.09485−0.048%$2.5M$2.7M75xas long as short
MEXC HBAR_USDT+0.0100%8h0.09487−0.027%$26.4M$19.6M200xas long as short
Bitget HBARUSDT+0.0100%8h0.09484−0.059%$17.5M$15.3M75xas long as short
BingX HBAR-USDT+0.0100%8h0.09486−0.038%$6.5Mas long as short
Backpack HBAR_USDC_PERP+0.0100%1h0.09487−0.027%$39K$201K15xas long as short
Variational Omni HBAR+0.0100%8h0.09483−0.071%$1.1M$187Kas long as short
GRVT HBAR_USDT_Perp+0.0100%8h0.09462−0.287%$386K$2.7M10xas long as short
ApeX Omni HBARUSDT+0.0100%1h0.09480−0.101%$154K$710K50xas long as short
SoDEX HBAR-USD+0.0100%1h0.09484−0.059%$440$5K5xas long as short
HTX HBAR-USDT+0.0100%8h0.09496+0.068%$72K$68K20xas long as short
Phemex HBARUSDT+0.0100%8h0.09485−0.048%$2.2M$2.2M50xas long as short
Extended HBAR-USD+0.0104%1h0.09481−0.095%$50K$277K10xas long as short
BloFin HBAR-USDT+0.0220%8h0.09488−0.017%$1.5M$5.6M90xas long as short
Kraken Futures PF_HBARUSD+0.0354%1h0.09490+0.009%$1.4M$2.9M50xas long as short
GMX HBAR/USD [WBTC.b-USDC]L +0.0356% / S −0.0250%1h0.09486−0.034%$83K100xas long as short
Hyperliquid HBARshort+0.0679%1h0.09502+0.128%$9.6M$3.2M5x