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−0.0252%/8h= −27.6% APRpaid last 24h +0.555%
Price spread now: MEXC against Injective+0.380%115s7-day average · you sell dearer than you buy
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+0.888%+$89 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. MEXC is 0.380% dearer against Injective than usual: you sell high and buy low (spread +0.380% now, against zero (this spread has no 7-day history yet)): +$38 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 5.0 days. Mind the row above: over the last 7 days funding on this pair paid +0.888%, so the current rate has only just turned against you. The two prices were read 115 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective HBAR/USDC PERP0.092110.0311pay 0.0039% / 1h25m 28s$1K$84K12x
ShortMEXC HBAR_USDT0.092460.0059get 0.0059% / 8h2h 25m$24.1M$22.7M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$52.84
Price spread: +0.380% → 0.000%
$38
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee MEXC: 0 bp × 2 orders
$0
Net
−$14.86
Costs to cover
0.000%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; MEXC: live order book, 3 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 no order-book sample
Sell MEXC live order book, 3 min ago0.54 bp3.2 bp −$36.6 bp −$6634.0 bp −$3,401120.3 bp −$60.1K
Injective: 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%8h0.09249+0.413%$7.4M$7.9M75xas long as short
Gate HBAR_USDT−0.0023%8h0.09245+0.369%$2.4M$3.5M75xas long as short
Deribit HBAR_USDC-PERPETUAL0.0000%1h0.09255+0.478%$510K$150K50xas long as short
gTrade (Gains Network) HBAR/USDL +0.0007% / S −0.0014%1h0.09243+0.347%$8K150xas long as short
Variational Omni HBAR+0.0050%8h0.09187−0.260%$1.0M$197Kas long as short
Extended HBAR-USD+0.0056%1h0.09248+0.400%$51K$210K10xas long as short
MEXC HBAR_USDTshort+0.0059%8h0.09246+0.380%$24.1M$22.7M200x
Binance HBARUSDT+0.0062%8h0.09241+0.328%$34.8M$110.7M75xas long as short
Coinbase International HBAR-PERP-INTX+0.0072%1h0.09244+0.358%$221K$2.2M50xas long as short
Backpack HBAR_USDC_PERP+0.0072%1h0.09250+0.423%$31K$102K15xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_HBAR_USDC+0.0076%8h0.09239+0.304%$2K$18K10xas long as short
Lighter HBAR+0.0096%1h0.09247+0.391%$568K$590K5xas long as short
Hyperliquid HBAR+0.0100%1h0.09261+0.537%$8.8M$2.9M5xas long as short
Aster HBARUSDT+0.0100%8h0.09252+0.445%$211K$429K50xas long as short
Bybit HBARUSDT+0.0100%8h0.09239+0.304%$33.1M$37.0M75xas long as short
OKX HBAR-USDT-SWAP+0.0100%8h0.09237+0.282%$6.9M$24.8M50xas long as short
Bitget HBARUSDT+0.0100%8h0.09251+0.434%$17.0M$14.9M75xas long as short
BingX HBAR-USDC+0.0100%8h0.09240+0.315%$6.7Mas long as short
GRVT HBAR_USDT_Perp+0.0100%8h0.09226+0.163%$376K$2.1M10xas long as short
ApeX Omni HBARUSDT+0.0100%1h0.09230+0.206%$148K$707K50xas long as short
SoDEX HBAR-USD+0.0100%1h0.09249+0.413%$429$6K5xas long as short
HTX HBAR-USDT+0.0100%8h0.09251+0.434%$73K$53K20xas long as short
Phemex HBARUSDT+0.0100%8h0.09248+0.402%$2.2M$2.2M50xas long as short
BloFin HBAR-USDT+0.0179%8h0.09226+0.163%$1.5M$5.6M90xas long as short
Injective HBAR/USDC PERPlong+0.0311%1h0.09211long leg$1K$84K12x
Kraken Futures PF_HBARUSD+0.0381%1h0.09255+0.481%$1.4M$2.4M50xas long as short
GMX HBAR/USD [WBTC.b-USDC]L +0.0446% / S −0.0478%1h0.09241+0.330%$104K100xas long as short
dYdX HBAR-USD+0.3806%1h0.09249+0.416%$30K$4K5xas long as short