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

HBAR

all HBAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.017%
Price spread now: BloFin against Bybit+0.054%92s7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$380.378% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.245%+$25 on $10k
Price spread, last 4 days (all we have)−0.046%−$5 · spread now +0.054%, 7d avg +0.026%
Together, before fees+0.200%+$20 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.029% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.026%. The two prices were read 92 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit HBARUSDT0.092410.0100pay 0.0100% / 8h2h 55m$32.3M$35.7M75x
ShortBloFin HBAR-USDT0.092460.0220get 0.0220% / 8h2h 55m$1.5M$5.6M90x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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
$25.2
Price spread: +0.054% → +0.026%
$2.86
Slippage, 4 orders
−$14.84
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$9.78
Costs to cover
0.378%
Break-even
9.7 days
Slippage from Bybit: live order book, 3 min ago; BloFin: 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 Bybit live order book, 3 min ago0.54 bp9.1 bp −$920.5 bp −$205doesn't fitdoesn't fit
Sell BloFin live order book, 3 min ago2.71 bp10.4 bp −$1017.2 bp −$17235.4 bp −$3,542doesn'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%1h0.09250+0.098%$30K$4K5xas long as short
Deribit HBAR_USDC-PERPETUAL0.0000%1h0.09264+0.249%$510K$192K50xas long as short
gTrade (Gains Network) HBAR/USDL +0.0007% / S −0.0011%1h0.09253+0.125%$9K150xas long as short
Injective HBAR/USDC PERP+0.0033%1h0.09282+0.444%$1K$103K12xas long as short
Orderly PERP_HBAR_USDC+0.0080%8h0.09256+0.162%$2K$14K10xas long as short
Coinbase International HBAR-PERP-INTX+0.0088%1h0.09260+0.206%$218K$2.4M50xas long as short
Lighter HBAR+0.0096%1h0.092410.000%$557K$611K5xas long as short
Hyperliquid HBAR+0.0100%1h0.09257+0.169%$8.6M$3.7M5xas long as short
Aster HBARUSDT+0.0100%8h0.09249+0.087%$198K$335K50xas long as short
Binance HBARUSDT+0.0100%8h0.09238−0.035%$34.0M$111.4M75xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit HBARUSDTlong+0.0100%8h0.09241long leg$32.3M$35.7M75x
OKX HBAR-USDT-SWAP+0.0100%8h0.09239−0.022%$6.5M$25.6M50xas long as short
Gate HBAR_USDT+0.0100%8h0.09242+0.011%$2.4M$2.7M75xas long as short
MEXC HBAR_USDT+0.0100%8h0.09242+0.011%$25.4M$19.3M200xas long as short
KuCoin HBARUSDTM+0.0100%8h0.09246+0.054%$7.3M$7.5M75xas long as short
Bitget HBARUSDT+0.0100%8h0.09239−0.022%$17.0M$15.9M75xas long as short
BingX HBAR-USDT+0.0100%8h0.09243+0.022%$6.6Mas long as short
Backpack HBAR_USDC_PERP+0.0100%1h0.09251+0.108%$33K$202K15xas long as short
Variational Omni HBAR+0.0100%8h0.09250+0.096%$1.0M$188Kas long as short
GRVT HBAR_USDT_Perp+0.0100%8h0.09241+0.003%$373K$2.8M10xas long as short
ApeX Omni HBARUSDT+0.0100%1h0.09239−0.022%$150K$709K50xas long as short
SoDEX HBAR-USD+0.0100%1h0.09258+0.184%$430$5K5xas long as short
HTX HBAR-USDT+0.0100%8h0.09262+0.227%$70K$68K20xas long as short
Phemex HBARUSDT+0.0100%8h0.09261+0.216%$2.1M$2.2M50xas long as short
Extended HBAR-USD+0.0104%1h0.09235−0.066%$47K$231K10xas long as short
BloFin HBAR-USDTshort+0.0220%8h0.09246+0.054%$1.5M$5.6M90x
Kraken Futures PF_HBARUSD+0.0245%1h0.09260+0.204%$1.3M$3.0M50xas long as short
GMX HBAR/USD [WBTC.b-USDC]L +0.0617% / S −0.0663%1h0.09254+0.135%$157K100xas long as short