Funding arb · Price arb /

HBAR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0093%/8h= +10.2% APRpaid last 24h +0.014%

Price spread now: Gate against gTrade (Gains Network)−0.030%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on Gate

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Gate is 0.030% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.030% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 26 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) HBAR/USD	0.09291	L +0.0007% / S −0.0011%	pay 0.0001% / 1h	8m 08s	$9K	—	150x
Short	Gate HBAR_USDT	0.09288	0.0100	get 0.0100% / 8h	3h 08m	$2.4M	$2.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against gTrade (Gains Network). 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

Position, each leg$Hold fordaysFee gTrade (Gains Network)bpFee GatebpOrdersPrice spread, now −0.030%Rate

Funding earned: $19.59
Price spread: −0.030% → 0.000%: −$2.98
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$8.39
Costs to cover: 0.250%
Break-even: 10.0 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Gate: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Gate live order book, 5 min ago	3.74 bp	17.0 bp −$17	47.2 bp −$472	doesn't fit	doesn't fit

gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

HBAR on 28 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX HBAR-USD	0.0000%	1h	0.09301	+0.106%	$30K	$4K	5x	as long as short
gTrade (Gains Network) HBAR/USDlong	L +0.0007% / S −0.0011%	1h	0.09291	long leg	$9K	—	150x
Injective HBAR/USDC PERP	+0.0033%	1h	0.09282	−0.094%	$1K	$105K	12x	as long as short
Coinbase International HBAR-PERP-INTX	+0.0080%	1h	0.09276	−0.159%	$228K	$2.3M	50x	as long as short
Orderly PERP_HBAR_USDC	+0.0080%	8h	0.09289	−0.019%	$2K	$14K	10x	as long as short
Lighter HBAR	+0.0096%	1h	0.09294	+0.035%	$561K	$619K	5x	as long as short
Aster HBARUSDT	+0.0100%	8h	0.09298	+0.075%	$200K	$335K	50x	as long as short
Binance HBARUSDT	+0.0100%	8h	0.09293	+0.024%	$34.3M	$111.1M	75x	as long as short
Bybit HBARUSDT	+0.0100%	8h	0.09293	+0.024%	$32.7M	$35.4M	75x	as long as short
OKX HBAR-USDT-SWAP	+0.0100%	8h	0.09295	+0.046%	$6.6M	$25.7M	50x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate HBAR_USDTshort	+0.0100%	8h	0.09288	−0.030%	$2.4M	$2.7M	75x
MEXC HBAR_USDT	+0.0100%	8h	0.09293	+0.024%	$25.6M	$19.9M	200x	as long as short
KuCoin HBARUSDTM	+0.0100%	8h	0.09295	+0.046%	$7.5M	$7.5M	75x	as long as short
Bitget HBARUSDT	+0.0100%	8h	0.09294	+0.035%	$17.0M	$15.7M	75x	as long as short
BingX HBAR-USDT	+0.0100%	8h	0.09293	+0.024%	—	$6.5M	—	as long as short
Backpack HBAR_USDC_PERP	+0.0100%	1h	0.09295	+0.046%	$36K	$201K	15x	as long as short
Variational Omni HBAR	+0.0100%	8h	0.09341	+0.538%	$1.0M	$188K	—	as long as short
GRVT HBAR_USDT_Perp	+0.0100%	8h	0.09356	+0.705%	$384K	$2.8M	10x	as long as short
ApeX Omni HBARUSDT	+0.0100%	1h	0.09362	+0.767%	$151K	$713K	50x	as long as short
SoDEX HBAR-USD	+0.0100%	1h	0.09294	+0.035%	$431	$5K	5x	as long as short
HTX HBAR-USDT	+0.0100%	8h	0.09289	−0.019%	$70K	$68K	20x	as long as short
Phemex HBARUSDT	+0.0100%	8h	0.09298	+0.078%	$2.1M	$2.2M	50x	as long as short
Extended HBAR-USD	+0.0104%	1h	0.09287	−0.036%	$48K	$235K	10x	as long as short
Deribit HBAR_USDC-PERPETUAL	+0.0180%	1h	0.09299	+0.089%	$512K	$192K	50x	as long as short
BloFin HBAR-USDT	+0.0220%	8h	0.09286	−0.051%	$1.5M	$5.5M	90x	as long as short
Kraken Futures PF_HBARUSD	+0.0361%	1h	0.09299	+0.093%	$1.3M	$3.0M	50x	as long as short
Hyperliquid HBAR	+0.0582%	1h	0.09302	+0.121%	$9.1M	$3.4M	5x	as long as short
GMX HBAR/USD [WBTC.b-USDC]	L +0.0618% / S −0.0663%	1h	0.09290	−0.014%	$157K	—	100x	as long as short