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

HBAR

all HBAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.556%
Price spread now: BingX against Injective−0.808%87s7-day average +0.096% · 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+0.865%+$86 on $10k
Price spread, last 3 days (all we have)+1.213%+$121 · spread now −0.808%, 7d avg +0.096%
Together, before fees+2.078%+$208 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.904% cheaper against Injective than usual: you would sell low and buy high (spread −0.808% now, against its 7-day average of +0.096%). If the spread goes back, that is −$90 on $10k: about 45 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.865% in total) that is about 7.3 days. The two prices were read 87 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective HBAR/USDC PERP0.092820.0033pay 0.0004% / 1h5m 56s$1K$106K12x
ShortBingX HBAR-USDC0.092070.0100get 0.0100% / 8h6h 05m$6.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Injective. 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
$14
Price spread: −0.808% → +0.096%
−$90.39
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee BingX: 5 bp × 2 orders
−$10
Net
−$86.41
Costs to cover
0.100%
Break-even
50.2 days
Slippage unknown: Injective: live order book, 58 min ago; BingX: live order book, 17 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 Injective live order book, 58 min ago76.02 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 17 min ago1.08 bp16.7 bp −$1770.1 bp −$701789.9 bp −$79.0K1266.1 bp −$633.0K

HBAR on 27 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−0.0059%8h0.09209−0.786%$7.1M$7.4M75xas long as short
dYdX HBAR-USD0.0000%1h0.09248−0.364%$30K$4K5xas long as short
Deribit HBAR_USDC-PERPETUAL0.0000%1h0.09239−0.463%$509K$151K50xas long as short
gTrade (Gains Network) HBAR/USDL +0.0007% / S −0.0014%1h0.09237−0.486%$8K150xas long as short
Injective HBAR/USDC PERPlong+0.0033%1h0.09282long leg$1K$106K12x
Variational Omni HBAR+0.0063%8h0.09230−0.561%$1.0M$187Kas long as short
Gate HBAR_USDT+0.0064%8h0.09207−0.808%$2.4M$3.0M75xas long as short
Coinbase International HBAR-PERP-INTX+0.0064%1h0.09242−0.431%$223K$2.1M50xas long as short
Kraken Futures PF_HBARUSD+0.0069%1h0.09239−0.467%$1.4M$2.5M50xas long as short
Orderly PERP_HBAR_USDC+0.0078%8h0.09233−0.528%$2K$17K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended HBAR-USD+0.0080%1h0.09207−0.811%$47K$273K10xas long as short
MEXC HBAR_USDT+0.0081%8h0.09207−0.808%$26.0M$22.0M200xas long as short
Binance HBARUSDT+0.0081%8h0.09208−0.797%$34.1M$104.5M75xas long as short
ApeX Omni HBARUSDT+0.0092%1h0.09201−0.873%$147K$712K50xas long as short
Lighter HBAR+0.0096%1h0.09230−0.560%$561K$596K5xas long as short
Hyperliquid HBAR+0.0100%1h0.09234−0.520%$8.8M$2.6M5xas long as short
Aster HBARUSDT+0.0100%8h0.09223−0.639%$210K$322K50xas long as short
Bybit HBARUSDT+0.0100%8h0.09209−0.786%$32.7M$34.3M75xas long as short
OKX HBAR-USDT-SWAP+0.0100%8h0.09209−0.786%$6.7M$24.3M50xas long as short
Bitget HBARUSDT+0.0100%8h0.09208−0.797%$17.0M$14.9M75xas long as short
BingX HBAR-USDCshort+0.0100%8h0.09207−0.808%$6.7M
Backpack HBAR_USDC_PERP+0.0100%1h0.09228−0.582%$32K$120K15xas long as short
GRVT HBAR_USDT_Perp+0.0100%8h0.09205−0.830%$376K$2.3M10xas long as short
SoDEX HBAR-USD+0.0100%1h0.09231−0.549%$429$5K5xas long as short
HTX HBAR-USDT+0.0100%8h0.09255−0.291%$71K$66K20xas long as short
Phemex HBARUSDT+0.0100%8h0.09231−0.549%$2.1M$2.2M50xas long as short
GMX HBAR/USD [WBTC.b-USDC]L +0.0487% / S −0.0462%1h0.09235−0.506%$120K100xas long as short