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

HBAR

all HBAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0281%/8h= +30.8% APRpaid last 24h +0.126%
Price spread now: Kraken Futures against HTX−0.049%7-day average · 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+0.138%+$14 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Kraken Futures is 0.049% cheaper against HTX than usual: you would sell low and buy high (spread −0.049% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 14 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.138% in total) that is about 2.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.138% in total (about 7.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX HBAR-USDT0.092530.0100pay 0.0100% / 8h2h 23m$73K$53K20x
ShortKraken Futures PF_HBARUSD0.092480.0381get 0.0048% / 1h23m 15s$1.4M$2.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against HTX. 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
$59.09
Price spread: −0.049% → 0.000%
−$4.9
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$32.19
Costs to cover
0.220%
Break-even
3.2 days
Slippage unknown: HTX: no order-book sample; Kraken Futures: 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
LegHalf-spread$10k$100k$1M$5M
Buy HTX no order-book sample
Sell Kraken Futures live order book, 5 min ago5.43 bp12.8 bp −$1319.4 bp −$194doesn't fitdoesn't fit
HTX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin HBARUSDTM−0.0031%8h0.09238−0.162%$7.4M$7.9M75xas long as short
Gate HBAR_USDT−0.0021%8h0.09239−0.151%$2.4M$3.5M75xas long as short
Deribit HBAR_USDC-PERPETUAL0.0000%1h0.09247−0.065%$509K$150K50xas long as short
gTrade (Gains Network) HBAR/USDL +0.0007% / S −0.0014%1h0.09244−0.098%$8K150xas long as short
Variational Omni HBAR+0.0052%8h0.09240−0.144%$1.0M$197Kas long as short
MEXC HBAR_USDT+0.0063%8h0.09240−0.140%$24.0M$22.7M200xas long as short
Binance HBARUSDT+0.0063%8h0.09240−0.140%$34.8M$110.7M75xas long as short
Extended HBAR-USD+0.0064%1h0.09240−0.143%$51K$210K10xas long as short
Coinbase International HBAR-PERP-INTX+0.0072%1h0.09238−0.162%$221K$2.2M50xas long as short
Orderly PERP_HBAR_USDC+0.0076%8h0.09240−0.140%$2K$18K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack HBAR_USDC_PERP+0.0078%1h0.09238−0.162%$31K$102K15xas long as short
Lighter HBAR+0.0096%1h0.09240−0.140%$567K$590K5xas long as short
Hyperliquid HBAR+0.0100%1h0.09255+0.026%$8.8M$2.9M5xas long as short
Aster HBARUSDT+0.0100%8h0.09242−0.116%$211K$429K50xas long as short
Bybit HBARUSDT+0.0100%8h0.09240−0.140%$33.1M$37.0M75xas long as short
OKX HBAR-USDT-SWAP+0.0100%8h0.09238−0.162%$6.9M$24.8M50xas long as short
Bitget HBARUSDT+0.0100%8h0.09241−0.130%$17.0M$14.9M75xas long as short
BingX HBAR-USDC+0.0100%8h0.09241−0.130%$6.7Mas long as short
GRVT HBAR_USDT_Perp+0.0100%8h0.09226−0.292%$376K$2.1M10xas long as short
ApeX Omni HBARUSDT+0.0100%1h0.09230−0.249%$148K$707K50xas long as short
SoDEX HBAR-USD+0.0100%1h0.09240−0.140%$429$6K5xas long as short
HTX HBAR-USDTlong+0.0100%8h0.09253long leg$73K$53K20x
Phemex HBARUSDT+0.0100%8h0.09241−0.130%$2.2M$2.2M50xas long as short
BloFin HBAR-USDT+0.0183%8h0.09236−0.184%$1.4M$5.6M90xas long as short
Injective HBAR/USDC PERP+0.0311%1h0.09234−0.205%$2K$112K12xas long as short
Kraken Futures PF_HBARUSDshort+0.0381%1h0.09248−0.049%$1.4M$2.4M50x
GMX HBAR/USD [WBTC.b-USDC]L +0.0446% / S −0.0478%1h0.09243−0.107%$104K100xas long as short
dYdX HBAR-USD+0.3595%1h0.09240−0.140%$30K$4K5xas long as short