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+0.0024%/8h= +2.6% APRnext payment +$0.03 per $10,000 · paid last 24h −0.008%
Price spread now: Extended against Coinbase International+0.510%7-day average −0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs+$13as in the Price arb table
costs, in and out, $10k−$440.445% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.014%−$1 on $10k
Price spread, last 3 days (all we have)−0.515%−$52 · spread now +0.510%, 7d avg −0.062%
Together, before fees−0.529%+ Points / potential airdropExtended: Active · farm board−$53 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Extended is 0.572% dearer against Coinbase International than usual: you sell high and buy low: +$57 more if the spread goes back to its 7-day average of −0.062%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International HBAR-PERP-INTX0.092670.0064pay 0.0008% / 1h4m 20s$221K$2.2M50x
ShortExtended HBAR-USD0.093140.0088get 0.0011% / 1h4m 20s$51K$218K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Coinbase International. 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
$5.04
Price spread: +0.510% → −0.062%
$57.17
Slippage, 4 orders
−$29.49
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$17.72
Costs to cover
0.445%
Break-even
from the start
Slippage from Coinbase International: live order book, 4 min ago; Extended: live order book, 8 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 Coinbase International live order book, 4 min ago2.15 bp11.9 bp −$1216.6 bp −$166doesn't fitdoesn't fit
Sell Extended live order book, 8 min ago1.67 bp9.3 bp −$968.5 bp −$685doesn'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
KuCoin HBARUSDTM−0.0072%8h0.09323+0.604%$7.4M$7.8M75xas long as short
Gate HBAR_USDT−0.0030%8h0.09323+0.604%$2.4M$3.6M75xas long as short
dYdX HBAR-USD0.0000%1h0.09312+0.483%$30K$4K5xas long as short
gTrade (Gains Network) HBAR/USDL +0.0007% / S −0.0014%1h0.09330+0.683%$8K150xas long as short
Coinbase International HBAR-PERP-INTXlong+0.0064%1h0.09267long leg$221K$2.2M50x
Deribit HBAR_USDC-PERPETUAL+0.0073%1h0.09291+0.259%$512K$166K50xas long as short
Variational Omni HBAR+0.0076%8h0.09262−0.051%$1.0M$202Kas long as short
Orderly PERP_HBAR_USDC+0.0081%8h0.09323+0.604%$2K$17K10xas long as short
MEXC HBAR_USDT+0.0086%8h0.09322+0.594%$26.0M$22.5M200xas long as short
Binance HBARUSDT+0.0087%8h0.09326+0.631%$35.1M$109.6M75xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended HBAR-USDshort+0.0088%1h0.09314+0.510%$51K$218K10x
Lighter HBAR+0.0096%1h0.09315+0.518%$571K$592K5xas long as short
Hyperliquid HBAR+0.0100%1h0.09341+0.793%$8.9M$2.9M5xas long as short
Aster HBARUSDT+0.0100%8h0.09329+0.670%$213K$429K50xas long as short
Bybit HBARUSDT+0.0100%8h0.09324+0.615%$33.2M$36.6M75xas long as short
OKX HBAR-USDT-SWAP+0.0100%8h0.09329+0.669%$6.9M$25.3M50xas long as short
Bitget HBARUSDT+0.0100%8h0.09327+0.647%$17.3M$14.9M75xas long as short
BingX HBAR-USDC+0.0100%8h0.09326+0.637%$6.7Mas long as short
Backpack HBAR_USDC_PERP+0.0100%1h0.09290+0.248%$34K$101K15xas long as short
GRVT HBAR_USDT_Perp+0.0100%8h0.09273+0.065%$374K$2.2M10xas long as short
ApeX Omni HBARUSDT+0.0100%1h0.09277+0.108%$149K$708K50xas long as short
SoDEX HBAR-USD+0.0100%1h0.09283+0.173%$431$6K5xas long as short
HTX HBAR-USDT+0.0100%8h0.09284+0.183%$74K$55K20xas long as short
Phemex HBARUSDT+0.0100%8h0.09282+0.162%$2.2M$2.2M50xas long as short
BloFin HBAR-USDT+0.0207%8h0.09280+0.140%$1.5M$5.8M90xas long as short
Injective HBAR/USDC PERP+0.0242%1h0.092670.000%$1K$112K12xas long as short
Kraken Futures PF_HBARUSD+0.0412%1h0.09288+0.229%$1.4M$2.3M50xas long as short
GMX HBAR/USD [WBTC.b-USDC]L +0.0448% / S −0.0245%1h0.09280+0.135%$132K100xas long as short