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

HBAR

all HBAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0174%/8h= −19.1% APRpaid last 24h −0.025%
Price spread now: KuCoin against Hyperliquid−0.210%7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$460.456% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.096%−$10 on $10k
Price spread, last 7 days+0.195%+$20 · spread now −0.210%, 7d avg −0.068%
Together, before fees+0.099%+ Points / potential airdropHyperliquid: Season 2 · farm board+$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and KuCoin is 0.141% cheaper against Hyperliquid than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.068%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid HBAR0.093420.0100pay 0.0013% / 1h3m 13s$8.9M$2.9M5x
ShortKuCoin HBARUSDTM0.09322−0.0074pay 0.0074% / 8h3m 13s$7.4M$7.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Hyperliquid. 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
−$36.54
Price spread: −0.210% → −0.068%
−$14.14
Slippage, 4 orders
−$24.64
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$96.32
Costs to cover
0.456%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 9 min ago; KuCoin: live order book, 5 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 Hyperliquid live order book, 9 min ago0.49 bp6.3 bp −$6doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago2.16 bp15.6 bp −$1641.4 bp −$414doesn'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 HBARUSDTMshort−0.0074%8h0.09322−0.210%$7.4M$7.8M75x
Gate HBAR_USDT−0.0031%8h0.09324−0.188%$2.4M$3.6M75xas long as short
dYdX HBAR-USD0.0000%1h0.09328−0.142%$30K$4K5xas long as short
Deribit HBAR_USDC-PERPETUAL0.0000%1h0.09333−0.092%$514K$166K50xas long as short
gTrade (Gains Network) HBAR/USDL +0.0007% / S −0.0014%1h0.09329−0.130%$8K150xas long as short
Coinbase International HBAR-PERP-INTX+0.0064%1h0.09326−0.167%$222K$2.2M50xas long as short
Variational Omni HBAR+0.0076%8h0.09262−0.849%$1.0M$202Kas long as short
Orderly PERP_HBAR_USDC+0.0080%8h0.09323−0.199%$2K$17K10xas long as short
MEXC HBAR_USDT+0.0086%8h0.09324−0.188%$26.0M$22.5M200xas long as short
Binance HBARUSDT+0.0088%8h0.09325−0.178%$35.1M$109.6M75xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended HBAR-USD+0.0088%1h0.09323−0.198%$51K$218K10xas long as short
Lighter HBAR+0.0096%1h0.09321−0.221%$572K$592K5xas long as short
Hyperliquid HBARlong+0.0100%1h0.09342long leg$8.9M$2.9M5x
Aster HBARUSDT+0.0100%8h0.09329−0.139%$213K$429K50xas long as short
Bybit HBARUSDT+0.0100%8h0.09324−0.188%$33.2M$36.6M75xas long as short
OKX HBAR-USDT-SWAP+0.0100%8h0.09328−0.146%$6.9M$25.3M50xas long as short
Bitget HBARUSDT+0.0100%8h0.09327−0.156%$17.3M$14.9M75xas long as short
BingX HBAR-USDT+0.0100%8h0.09324−0.188%$5.9Mas long as short
Backpack HBAR_USDC_PERP+0.0100%1h0.09330−0.124%$34K$101K15xas long as short
GRVT HBAR_USDT_Perp+0.0100%8h0.09274−0.724%$381K$2.2M10xas long as short
ApeX Omni HBARUSDT+0.0100%1h0.09282−0.638%$149K$709K50xas long as short
SoDEX HBAR-USD+0.0100%1h0.09325−0.178%$433$6K5xas long as short
HTX HBAR-USDT+0.0100%8h0.09344+0.026%$74K$55K20xas long as short
Phemex HBARUSDT+0.0100%8h0.09323−0.199%$2.2M$2.2M50xas long as short
BloFin HBAR-USDT+0.0207%8h0.09280−0.659%$1.5M$5.8M90xas long as short
Injective HBAR/USDC PERP+0.0242%1h0.09267−0.799%$1K$112K12xas long as short
Kraken Futures PF_HBARUSD+0.0410%1h0.09333−0.089%$1.4M$2.3M50xas long as short
GMX HBAR/USD [WBTC.b-USDC]L +0.0449% / S −0.0478%1h0.09329−0.133%$105K100xas long as short