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

HBAR

all HBAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.296%
Price spread now: OKX against Injective−0.776%7-day average +0.062% · 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+0.842%+$84 on $10k
Price spread, last 4 days (all we have)+1.214%+$121 · spread now −0.776%, 7d avg +0.062%
Together, before fees+2.056%+$206 on $10k · with fees, hour by hour
Funding pays, the price is against you. OKX is 0.838% cheaper against Injective than usual: you would sell low and buy high (spread −0.776% now, against its 7-day average of +0.062%). If the spread goes back, that is −$84 on $10k: about 42 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.842% in total) that is about 7.0 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective HBAR/USDC PERP0.092820.0033pay 0.0004% / 1h36m 43s$1K$103K12x
ShortOKX HBAR-USDT-SWAP0.092100.0100get 0.0100% / 8h2h 36m$6.5M$25.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.776% → +0.062%
−$83.82
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee OKX: 5 bp × 2 orders
−$10
Net
−$79.84
Costs to cover
0.100%
Break-even
46.9 days
Slippage unknown: Injective: no order-book sample; OKX: live order book, 2 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 OKX live order book, 2 min ago0.54 bp10.6 bp −$1122.6 bp −$226doesn't fitdoesn't fit
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
Backpack HBAR_USDC_PERP−0.0147%1h0.09206−0.819%$33K$203K15xas long as short
dYdX HBAR-USD0.0000%1h0.09215−0.722%$30K$4K5xas long as short
Deribit HBAR_USDC-PERPETUAL0.0000%1h0.09210−0.776%$507K$192K50xas long as short
gTrade (Gains Network) HBAR/USDL +0.0007% / S −0.0011%1h0.09207−0.809%$9K150xas long as short
Injective HBAR/USDC PERPlong+0.0033%1h0.09282long leg$1K$103K12x
ApeX Omni HBARUSDT+0.0034%1h0.09194−0.948%$149K$708K50xas long as short
Orderly PERP_HBAR_USDC+0.0079%8h0.09201−0.873%$2K$14K10xas long as short
Coinbase International HBAR-PERP-INTX+0.0088%1h0.09207−0.808%$220K$2.3M50xas long as short
Lighter HBAR+0.0096%1h0.09211−0.765%$556K$611K5xas long as short
Hyperliquid HBAR+0.0100%1h0.09220−0.669%$8.6M$3.6M5xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster HBARUSDT+0.0100%8h0.09215−0.719%$198K$335K50xas long as short
Binance HBARUSDT+0.0100%8h0.09209−0.792%$33.8M$111.1M75xas long as short
Bybit HBARUSDT+0.0100%8h0.09210−0.776%$32.1M$35.4M75xas long as short
OKX HBAR-USDT-SWAPshort+0.0100%8h0.09210−0.776%$6.5M$25.3M50x
Gate HBAR_USDT+0.0100%8h0.09208−0.797%$2.4M$2.7M75xas long as short
MEXC HBAR_USDT+0.0100%8h0.09206−0.819%$25.1M$19.4M200xas long as short
KuCoin HBARUSDTM+0.0100%8h0.09208−0.797%$7.3M$7.5M75xas long as short
Bitget HBARUSDT+0.0100%8h0.09208−0.797%$17.0M$15.8M75xas long as short
BingX HBAR-USDC+0.0100%8h0.09205−0.830%$6.7Mas long as short
Variational Omni HBAR+0.0100%8h0.09206−0.819%$1.0M$188Kas long as short
GRVT HBAR_USDT_Perp+0.0100%8h0.09197−0.916%$371K$2.8M10xas long as short
SoDEX HBAR-USD+0.0100%1h0.09207−0.808%$427$5K5xas long as short
HTX HBAR-USDT+0.0100%8h0.09219−0.679%$70K$69K20xas long as short
Phemex HBARUSDT+0.0100%8h0.09206−0.819%$2.1M$2.2M50xas long as short
Extended HBAR-USD+0.0104%1h0.09204−0.837%$47K$230K10xas long as short
BloFin HBAR-USDT+0.0220%8h0.09205−0.830%$1.5M$5.6M90xas long as short
Kraken Futures PF_HBARUSD+0.0247%1h0.09209−0.791%$1.3M$3.0M50xas long as short
GMX HBAR/USD [WBTC.b-USDC]L +0.0616% / S −0.0663%1h0.09206−0.816%$156K100xas long as short