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

HBAR

all HBAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0054%/8h= +5.9% APRpaid last 24h +0.010%
Price spread now: ApeX Omni against Gate+0.711%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs+$7as in the Price arb table
costs, in and out, $10k−$610.612% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.022%+$2 on $10k
Price spread, last 4 days (all we have)−0.680%−$68 · spread now +0.711%, 7d avg +0.032%
Together, before fees−0.658%−$66 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and ApeX Omni is 0.679% dearer against Gate than usual: you sell high and buy low: +$68 more if the spread goes back to its 7-day average of +0.032%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate HBAR_USDT0.091430.0046pay 0.0046% / 8h4h 51m$2.4M$2.8M75x
ShortApeX Omni HBARUSDT0.092080.0100get 0.0013% / 1h51m 00s$147K$715K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Gate. 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
$11.34
Price spread: +0.711% → +0.032%
$67.93
Slippage, 4 orders
−$36.18
Fee Gate: 7.5 bp × 2 orders
−$15
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$18.09
Costs to cover
0.612%
Break-even
from the start
Slippage from Gate: live order book, 2 min ago; ApeX Omni: 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 Gate live order book, 2 min ago2.72 bp20.0 bp −$2064.0 bp −$640doesn't fitdoesn't fit
Sell ApeX Omni live order book, 8 min ago3.80 bp11.4 bp −$11104.3 bp −$1,043doesn'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
dYdX HBAR-USD0.0000%1h0.09161+0.195%$30K$4K5xas long as short
Deribit HBAR_USDC-PERPETUAL0.0000%1h0.09149+0.066%$504K$168K50xas long as short
KuCoin HBARUSDTM+0.0002%8h0.09153+0.109%$7.1M$7.2M75xas long as short
gTrade (Gains Network) HBAR/USDL +0.0007% / S −0.0014%1h0.09146+0.029%$8K150xas long as short
Injective HBAR/USDC PERP+0.0033%1h0.09282+1.520%$1K$105K12xas long as short
Gate HBAR_USDTlong+0.0046%8h0.09143long leg$2.4M$2.8M75x
Coinbase International HBAR-PERP-INTX+0.0064%1h0.09154+0.120%$215K$2.1M50xas long as short
Variational Omni HBAR+0.0079%8h0.09143−0.001%$1.0M$187Kas long as short
Orderly PERP_HBAR_USDC+0.0080%8h0.09142−0.011%$2K$14K10xas long as short
Lighter HBAR+0.0096%1h0.09142−0.011%$555K$593K5xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack HBAR_USDC_PERP+0.0099%1h0.09148+0.055%$36K$168K15xas long as short
Hyperliquid HBAR+0.0100%1h0.09158+0.168%$8.6M$2.7M5xas long as short
Aster HBARUSDT+0.0100%8h0.09152+0.095%$209K$318K50xas long as short
Binance HBARUSDT+0.0100%8h0.09155+0.127%$33.7M$104.8M75xas long as short
Bybit HBARUSDT+0.0100%8h0.09152+0.098%$32.4M$33.9M75xas long as short
OKX HBAR-USDT-SWAP+0.0100%8h0.09158+0.164%$6.6M$24.4M50xas long as short
MEXC HBAR_USDT+0.0100%8h0.09155+0.131%$25.5M$19.5M200xas long as short
Bitget HBARUSDT+0.0100%8h0.09156+0.142%$16.9M$15.1M75xas long as short
BingX HBAR-USDT+0.0100%8h0.09154+0.120%$6.1Mas long as short
GRVT HBAR_USDT_Perp+0.0100%8h0.09208+0.714%$369K$2.4M10xas long as short
ApeX Omni HBARUSDTshort+0.0100%1h0.09208+0.711%$147K$715K50x
SoDEX HBAR-USD+0.0100%1h0.09144+0.011%$424$5K5xas long as short
HTX HBAR-USDT+0.0100%8h0.09165+0.241%$70K$66K20xas long as short
Phemex HBARUSDT+0.0100%8h0.09149+0.066%$2.1M$2.1M50xas long as short
Extended HBAR-USD+0.0104%1h0.09153+0.115%$47K$273K10xas long as short
BloFin HBAR-USDT+0.0220%8h0.09145+0.022%$1.4M$5.4M90xas long as short
GMX HBAR/USD [WBTC.b-USDC]L +0.0345% / S −0.0242%1h0.09146+0.034%$79K100xas long as short
Kraken Futures PF_HBARUSD+0.0396%1h0.09151+0.086%$1.4M$2.5M50xas long as short