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

HBAR

all HBAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0005%/8h= +0.6% APRpaid last 24h +0.026%
Price spread now: Hyperliquid against BingX+0.162%7-day average +0.083% · 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 7 days+0.034%+$3 on $10k
Price spread, last 7 days−0.120%−$12 · spread now +0.162%, 7d avg +0.083%
Together, before fees−0.086%+ Points / potential airdropHyperliquid: Season 2 · farm board−$9 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: Hyperliquid is 0.078% dearer against BingX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.083%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX HBAR-USDT0.092240.0100pay 0.0100% / 8h1h 55m$5.9M
ShortHyperliquid HBAR0.092390.0105get 0.0013% / 1h55m 53s$8.8M$2.9M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against BingX. 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
$1.11
Price spread: +0.162% → +0.083%
$7.82
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$10.07
Costs to cover
0.190%
Break-even
70.6 days
Slippage unknown: BingX: live order book, 9 min ago; Hyperliquid: live order book, 6 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 BingX live order book, 9 min ago2.73 bp10.3 bp −$1018.0 bp −$18056.7 bp −$5,672324.2 bp −$162.1K
Sell Hyperliquid live order book, 6 min ago0.49 bpdoesn't fitdoesn'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
Injective HBAR/USDC PERP−0.0153%1h0.09234+0.108%$2K$112K12xas long as short
Gate HBAR_USDT−0.0037%8h0.09219−0.054%$2.4M$3.5M75xas long as short
KuCoin HBARUSDTM−0.0014%8h0.09220−0.043%$7.4M$7.9M75xas long as short
dYdX HBAR-USD0.0000%1h0.09217−0.074%$30K$4K5xas long as short
Deribit HBAR_USDC-PERPETUAL0.0000%1h0.09223−0.011%$508K$151K50xas long as short
gTrade (Gains Network) HBAR/USDL +0.0007% / S −0.0014%1h0.09221−0.037%$8K150xas long as short
Variational Omni HBAR+0.0048%8h0.09185−0.422%$1.0M$197Kas long as short
Coinbase International HBAR-PERP-INTX+0.0064%1h0.09220−0.043%$231K$2.2M50xas long as short
Extended HBAR-USD+0.0072%1h0.09218−0.060%$51K$218K10xas long as short
MEXC HBAR_USDT+0.0074%8h0.09222−0.022%$24.3M$22.0M200xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance HBARUSDT+0.0074%8h0.092240.000%$34.7M$110.4M75xas long as short
Orderly PERP_HBAR_USDC+0.0076%8h0.09214−0.108%$2K$16K10xas long as short
Lighter HBAR+0.0096%1h0.09215−0.098%$566K$590K5xas long as short
Aster HBARUSDT+0.0100%8h0.09220−0.047%$210K$429K50xas long as short
Bybit HBARUSDT+0.0100%8h0.09226+0.022%$32.9M$37.0M75xas long as short
OKX HBAR-USDT-SWAP+0.0100%8h0.09226+0.022%$6.8M$24.8M50xas long as short
Bitget HBARUSDT+0.0100%8h0.09228+0.043%$17.0M$14.8M75xas long as short
BingX HBAR-USDTlong+0.0100%8h0.09224long leg$5.9M
Backpack HBAR_USDC_PERP+0.0100%1h0.09223−0.011%$32K$103K15xas long as short
GRVT HBAR_USDT_Perp+0.0100%8h0.09184−0.429%$374K$2.1M10xas long as short
ApeX Omni HBARUSDT+0.0100%1h0.09185−0.423%$147K$709K50xas long as short
SoDEX HBAR-USD+0.0100%1h0.09215−0.098%$428$6K5xas long as short
HTX HBAR-USDT+0.0100%8h0.09232+0.087%$73K$53K20xas long as short
Phemex HBARUSDT+0.0100%8h0.09218−0.065%$2.2M$2.1M50xas long as short
Hyperliquid HBARshort+0.0105%1h0.09239+0.162%$8.8M$2.9M5x
Kraken Futures PF_HBARUSD+0.0194%1h0.09228+0.043%$1.4M$2.3M50xas long as short
BloFin HBAR-USDT+0.0194%8h0.09203−0.228%$1.4M$5.5M90xas long as short
GMX HBAR/USD [WBTC.b-USDC]L +0.0446% / S −0.0478%1h0.09220−0.040%$103K100xas long as short