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

HBAR

all HBAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: GRVT against Bybit−0.035%50s7-day average +0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$420.422% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.044%+$4 on $10k
Price spread, last 7 days+0.008%+$1 · spread now −0.035%, 7d avg +0.026%
Together, before fees+0.051%+ Points / potential airdropGRVT: Active · farm board+$5 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: GRVT is 0.061% cheaper against Bybit than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.026%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit HBARUSDT0.094670.0100pay 0.0100% / 8h5h 58m$33.5M$37.9M75x
ShortGRVT HBAR_USDT_Perp0.094640.0100get 0.0100% / 8h5h 58m$379K$3.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$0
Price spread: −0.035% → +0.026%
−$6.1
Slippage, 4 orders
−$22.19
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$48.29
Costs to cover
0.422%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; GRVT: 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 ago0.53 bp9.1 bp −$920.2 bp −$20272.0 bp −$7,197doesn't fit
Sell GRVT live order book, 3 min ago1.06 bp10.7 bp −$1132.1 bp −$321doesn't fitdoesn't fit

HBAR on 28 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni HBARUSDT−0.0072%1h0.09462−0.053%$153K$702K50xas long as short
Injective HBAR/USDC PERP−0.0072%1h0.09663+2.070%$5K$101K12xas long as short
gTrade (Gains Network) HBAR/USDL +0.0007% / S −0.0008%1h0.09460−0.074%$11K150xas long as short
Gate HBAR_USDT+0.0081%8h0.09482+0.158%$2.5M$2.9M75xas long as short
Orderly PERP_HBAR_USDC+0.0092%8h0.09476+0.095%$1K$9K10xas long as short
Lighter HBAR+0.0096%1h0.09482+0.158%$576K$545K5xas long as short
Hyperliquid HBAR+0.0100%1h0.09487+0.213%$8.7M$4.3M5xas long as short
Aster HBARUSDT+0.0100%8h0.09482+0.163%$203K$375K50xas long as short
Binance HBARUSDT+0.0100%8h0.09476+0.095%$35.8M$114.7M75xas long as short
Bybit HBARUSDTlong+0.0100%8h0.09467long leg$33.5M$37.9M75x
Show all 28 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX HBAR-USDT-SWAP+0.0100%8h0.09472+0.053%$6.7M$27.0M50xas long as short
MEXC HBAR_USDT+0.0100%8h0.09470+0.032%$27.3M$20.0M200xas long as short
KuCoin HBARUSDTM+0.0100%8h0.09485+0.190%$7.3M$7.2M75xas long as short
Bitget HBARUSDT+0.0100%8h0.09486+0.201%$17.9M$18.9M75xas long as short
BingX HBAR-USDT+0.0100%8h0.09481+0.148%$7.8Mas long as short
Backpack HBAR_USDC_PERP+0.0100%1h0.09483+0.169%$36K$201K15xas long as short
Variational Omni HBAR+0.0100%8h0.09449−0.187%$1.0M$137Kas long as short
GRVT HBAR_USDT_Perpshort+0.0100%8h0.09464−0.035%$379K$3.7M10x
SoDEX HBAR-USD+0.0100%1h0.09476+0.095%$440$5K5xas long as short
HTX HBAR-USDT+0.0100%8h0.09485+0.190%$72K$64K20xas long as short
Phemex HBARUSDT+0.0100%8h0.09482+0.158%$2.5M$3.3M50xas long as short
Extended HBAR-USD+0.0104%1h0.09476+0.096%$50K$307K10xas long as short
Coinbase International HBAR-PERP-INTX+0.0192%1h0.09489+0.232%$222K$2.9M50xas long as short
BloFin HBAR-USDT+0.0220%8h0.09482+0.158%$1.6M$5.8M90xas long as short
Deribit HBAR_USDC-PERPETUAL+0.0277%1h0.09486+0.201%$522K$209K50xas long as short
GMX HBAR/USD [WBTC.b-USDC]L +0.0368% / S −0.0371%1h0.09482+0.154%$77K100xas long as short
Kraken Futures PF_HBARUSD+0.0421%1h0.09489+0.234%$1.4M$3.6M50xas long as short
dYdX HBAR-USD+0.2420%1h0.09474+0.071%$40K$21K5xas long as short