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+0.0257%/8h= +28.2% APRpaid last 24h +0.098%
Price spread now: Kraken Futures against Aster−0.020%7-day average +0.056% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$760.758% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.129%+$13 on $10k
Price spread, last 4 days (all we have)+0.019%+$2 · spread now −0.020%, 7d avg +0.056%
Together, before fees+0.148%+ Points / potential airdropAster: Stage 5 · farm board+$15 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.076% cheaper against Aster than usual: you would sell low and buy high (spread −0.020% now, against its 7-day average of +0.056%). If the spread goes back, that is −$8 on $10k: about 24 hours of funding at the current rate (+$8 a day). At the pace of the last 6 days (+0.129% in total) that is about 3.2 days.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid 0.129% in total (about 8.5% 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 HBARUSDT0.094050.0100pay 0.0100% / 8h3h 58m$215K$328K50x
ShortKraken Futures PF_HBARUSD0.094040.0357get 0.0045% / 1h58m 52s$1.3M$2.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$54.04
Price spread: −0.020% → +0.056%
−$7.57
Slippage, 4 orders
−$57.75
Fee Aster: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$29.29
Costs to cover
0.758%
Break-even
10.8 days
Slippage from Aster: live order book, 58 min ago; Kraken Futures: live order book, 5 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 Aster live order book, 58 min ago11.94 bp27.7 bp −$28131.4 bp −$1,314doesn't fitdoesn't fit
Sell Kraken Futures live order book, 5 min ago6.91 bp15.2 bp −$1525.6 bp −$256doesn'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%1h0.09403−0.031%$30K$4K5xas long as short
gTrade (Gains Network) HBAR/USDL +0.0007% / S −0.0011%1h0.09400−0.053%$9K150xas long as short
Injective HBAR/USDC PERP+0.0033%1h0.09282−1.312%$1K$105K12xas long as short
KuCoin HBARUSDTM+0.0049%8h0.09406+0.006%$7.2M$7.3M75xas long as short
Deribit HBAR_USDC-PERPETUAL+0.0069%1h0.09405−0.005%$518K$186K50xas long as short
Coinbase International HBAR-PERP-INTX+0.0080%1h0.09385−0.217%$233K$2.2M50xas long as short
Orderly PERP_HBAR_USDC+0.0080%8h0.09399−0.068%$2K$14K10xas long as short
Gate HBAR_USDT+0.0091%8h0.09398−0.079%$2.4M$2.7M75xas long as short
Lighter HBAR+0.0096%1h0.09399−0.068%$568K$599K5xas long as short
Aster HBARUSDTlong+0.0100%8h0.09405long leg$215K$328K50x
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance HBARUSDT+0.0100%8h0.09404−0.020%$34.9M$108.6M75xas long as short
Bybit HBARUSDT+0.0100%8h0.09404−0.015%$33.2M$34.8M75xas long as short
OKX HBAR-USDT-SWAP+0.0100%8h0.09404−0.015%$6.7M$25.5M50xas long as short
MEXC HBAR_USDT+0.0100%8h0.09405−0.005%$26.2M$19.3M200xas long as short
Bitget HBARUSDT+0.0100%8h0.09404−0.015%$17.2M$15.2M75xas long as short
BingX HBAR-USDT+0.0100%8h0.09403−0.026%$6.4Mas long as short
Backpack HBAR_USDC_PERP+0.0100%1h0.09406+0.006%$39K$201K15xas long as short
Variational Omni HBAR+0.0100%8h0.09412+0.068%$1.0M$187Kas long as short
GRVT HBAR_USDT_Perp+0.0100%8h0.09415+0.098%$378K$2.6M10xas long as short
ApeX Omni HBARUSDT+0.0100%1h0.09415+0.102%$152K$712K50xas long as short
SoDEX HBAR-USD+0.0100%1h0.09398−0.079%$436$5K5xas long as short
HTX HBAR-USDT+0.0100%8h0.09405−0.005%$71K$67K20xas long as short
Phemex HBARUSDT+0.0100%8h0.09401−0.047%$2.2M$2.1M50xas long as short
Extended HBAR-USD+0.0104%1h0.09400−0.061%$50K$277K10xas long as short
BloFin HBAR-USDT+0.0220%8h0.09400−0.058%$1.5M$5.5M90xas long as short
GMX HBAR/USD [WBTC.b-USDC]L +0.0349% / S −0.0242%1h0.09400−0.057%$81K100xas long as short
Kraken Futures PF_HBARUSDshort+0.0357%1h0.09404−0.020%$1.3M$2.8M50x
Hyperliquid HBAR+0.0671%1h0.09420+0.159%$9.5M$3.2M5xas long as short