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

HBAR

all HBAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.026%
Price spread now: Hyperliquid against GRVT−0.096%7-day average +0.072% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.076%+$8 on $10k
Price spread, last 7 days+0.171%+$17 · spread now −0.096%, 7d avg +0.072%
Together, before fees+0.247%+ Points / potential airdropGRVT: Active · Hyperliquid: Season 2 · farm board+$25 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: Hyperliquid is 0.168% cheaper against GRVT than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.072%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT HBAR_USDT_Perp0.092330.0100pay 0.0100% / 8h2h 43m$375K$2.8M10x
ShortHyperliquid HBAR0.092240.0100get 0.0013% / 1h43m 27s$8.6M$3.6M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against GRVT. 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: −0.096% → +0.072%
−$16.8
Slippage, 4 orders
no order book: not counted
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$34.8
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: GRVT: live order book, 5 min ago; Hyperliquid: live order book, 9 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GRVT live order book, 5 min ago1.63 bp11.0 bp −$1135.5 bp −$355doesn't fitdoesn't fit
Sell Hyperliquid live order book, 9 min ago0.38 bp8.6 bp −$9doesn't fitdoesn'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
Backpack HBAR_USDC_PERP−0.0032%1h0.09230−0.028%$33K$203K15xas long as short
dYdX HBAR-USD0.0000%1h0.09221−0.123%$30K$4K5xas long as short
Deribit HBAR_USDC-PERPETUAL0.0000%1h0.09235+0.027%$509K$192K50xas long as short
gTrade (Gains Network) HBAR/USDL +0.0007% / S −0.0011%1h0.09216−0.178%$9K150xas long as short
Injective HBAR/USDC PERP+0.0033%1h0.09282+0.536%$1K$103K12xas long as short
Orderly PERP_HBAR_USDC+0.0080%8h0.09225−0.082%$2K$14K10xas long as short
Coinbase International HBAR-PERP-INTX+0.0088%1h0.09235+0.027%$221K$2.4M50xas long as short
Lighter HBAR+0.0096%1h0.09221−0.125%$556K$611K5xas long as short
Hyperliquid HBARshort+0.0100%1h0.09224−0.096%$8.6M$3.6M5x
Aster HBARUSDT+0.0100%8h0.09218−0.161%$198K$335K50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance HBARUSDT+0.0100%8h0.09209−0.255%$33.8M$111.3M75xas long as short
Bybit HBARUSDT+0.0100%8h0.09213−0.212%$32.2M$35.5M75xas long as short
OKX HBAR-USDT-SWAP+0.0100%8h0.09215−0.190%$6.5M$25.4M50xas long as short
Gate HBAR_USDT+0.0100%8h0.09218−0.158%$2.4M$2.7M75xas long as short
MEXC HBAR_USDT+0.0100%8h0.09209−0.255%$25.3M$19.4M200xas long as short
KuCoin HBARUSDTM+0.0100%8h0.09216−0.179%$7.3M$7.5M75xas long as short
Bitget HBARUSDT+0.0100%8h0.09222−0.114%$17.0M$15.9M75xas long as short
BingX HBAR-USDC+0.0100%8h0.09212−0.223%$6.7Mas long as short
Variational Omni HBAR+0.0100%8h0.09224−0.094%$1.0M$188Kas long as short
GRVT HBAR_USDT_Perplong+0.0100%8h0.09233long leg$375K$2.8M10x
ApeX Omni HBARUSDT+0.0100%1h0.09240+0.081%$150K$709K50xas long as short
SoDEX HBAR-USD+0.0100%1h0.09228−0.049%$428$5K5xas long as short
HTX HBAR-USDT+0.0100%8h0.09241+0.092%$70K$68K20xas long as short
Phemex HBARUSDT+0.0100%8h0.09224−0.093%$2.1M$2.2M50xas long as short
Extended HBAR-USD+0.0104%1h0.09213−0.215%$47K$230K10xas long as short
BloFin HBAR-USDT+0.0220%8h0.09234+0.016%$1.5M$5.6M90xas long as short
Kraken Futures PF_HBARUSD+0.0246%1h0.09230−0.026%$1.3M$3.0M50xas long as short
GMX HBAR/USD [WBTC.b-USDC]L +0.0616% / S −0.0663%1h0.09215−0.188%$156K100xas long as short