Funding arb · Price arb /

HBAR

all HBAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0043%/8h= +4.7% APRpaid last 24h −0.112%

Price spread now: HTX against Kraken Futures−0.095%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.148%−$15 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. HTX is 0.095% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.095% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 7.4 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.148%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_HBARUSD	0.09321	0.0057	pay 0.0007% / 1h	27m 35s	$1.4M	$2.3M	50x
Short	HTX HBAR-USDT	0.09312	0.0100	get 0.0100% / 8h	7h 27m	$74K	$60K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Kraken Futures. 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

Position, each leg$Hold fordaysFee Kraken FuturesbpFee HTXbpOrdersPrice spread, now −0.095%Rate

Funding earned: $8.99
Price spread: −0.095% → 0.000%: −$9.47
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$22.48
Costs to cover: 0.220%
Break-even: 24.5 days

Slippage unknown: Kraken Futures: live order book, 1 min ago; HTX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Kraken Futures live order book, 1 min ago	4.83 bp	13.8 bp −$14	24.1 bp −$241	doesn't fit	doesn't fit
Sell HTX no order-book sample	—	—	—	—	—

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin HBARUSDTM	−0.0077%	8h	0.09310	−0.116%	$7.4M	$7.7M	75x	as long as short
dYdX HBAR-USD	0.0000%	1h	0.09310	−0.115%	$30K	$4K	5x	as long as short
gTrade (Gains Network) HBAR/USD	L +0.0007% / S −0.0014%	1h	0.09315	−0.060%	$8K	—	150x	as long as short
GRVT HBAR_USDT_Perp	+0.0028%	8h	0.09312	−0.098%	$379K	$2.2M	10x	as long as short
Injective HBAR/USDC PERP	+0.0033%	1h	0.09267	−0.577%	$1K	$106K	12x	as long as short
Coinbase International HBAR-PERP-INTX	+0.0056%	1h	0.09306	−0.159%	$227K	$2.2M	50x	as long as short
Kraken Futures PF_HBARUSDlong	+0.0057%	1h	0.09321	long leg	$1.4M	$2.3M	50x
ApeX Omni HBARUSDT	+0.0068%	1h	0.09290	−0.331%	$149K	$718K	50x	as long as short
Extended HBAR-USD	+0.0072%	1h	0.09307	−0.147%	$53K	$332K	10x	as long as short
MEXC HBAR_USDT	+0.0073%	8h	0.09312	−0.095%	$26.2M	$22.3M	200x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni HBAR	+0.0075%	8h	0.09309	−0.126%	$1.0M	$197K	—	as long as short
Binance HBARUSDT	+0.0075%	8h	0.09310	−0.116%	$34.9M	$108.6M	75x	as long as short
Orderly PERP_HBAR_USDC	+0.0076%	8h	0.09313	−0.084%	$2K	$17K	10x	as long as short
Lighter HBAR	+0.0096%	1h	0.09308	−0.138%	$570K	$553K	5x	as long as short
Hyperliquid HBAR	+0.0100%	1h	0.09328	+0.080%	$8.9M	$2.8M	5x	as long as short
Aster HBARUSDT	+0.0100%	8h	0.09319	−0.015%	$213K	$407K	50x	as long as short
Bybit HBARUSDT	+0.0100%	8h	0.09306	−0.159%	$33.0M	$35.9M	75x	as long as short
OKX HBAR-USDT-SWAP	+0.0100%	8h	0.09310	−0.116%	$6.9M	$25.1M	50x	as long as short
Gate HBAR_USDT	+0.0100%	8h	0.09309	−0.127%	$2.4M	$3.4M	75x	as long as short
Bitget HBARUSDT	+0.0100%	8h	0.09312	−0.095%	$17.3M	$15.0M	75x	as long as short
BingX HBAR-USDT	+0.0100%	8h	0.09310	−0.116%	—	$5.9M	—	as long as short
Backpack HBAR_USDC_PERP	+0.0100%	1h	0.09317	−0.041%	$32K	$106K	15x	as long as short
SoDEX HBAR-USD	+0.0100%	1h	0.09314	−0.073%	$432	$6K	5x	as long as short
HTX HBAR-USDTshort	+0.0100%	8h	0.09312	−0.095%	$74K	$60K	20x
Phemex HBARUSDT	+0.0100%	8h	0.09312	−0.095%	$2.2M	$2.1M	50x	as long as short
Deribit HBAR_USDC-PERPETUAL	+0.0179%	1h	0.09323	+0.023%	$513K	$166K	50x	as long as short
BloFin HBAR-USDT	+0.0193%	8h	0.09286	−0.374%	$1.5M	$5.7M	90x	as long as short
GMX HBAR/USD [WBTC.b-USDC]	L +0.0494% / S −0.0463%	1h	0.09314	−0.072%	$124K	—	100x	as long as short