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

HBAR

all HBAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.005%
Price spread now: Bitget against ApeX Omni+0.280%7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$470.470% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.004%$0 on $10k
Price spread, last 3 days (all we have)−0.316%−$32 · spread now +0.280%, 7d avg −0.033%
Together, before fees−0.312%−$31 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.313% dearer against ApeX Omni than usual: you sell high and buy low: +$31 more if the spread goes back to its 7-day average of −0.033%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni HBARUSDT0.092900.0068pay 0.0008% / 1h31m 01s$149K$718K50x
ShortBitget HBARUSDT0.093160.0100get 0.0100% / 8h7h 31m$17.4M$14.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against ApeX Omni. 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
$6.79
Price spread: +0.280% → −0.033%
$31.33
Slippage, 4 orders
−$25.03
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$8.92
Costs to cover
0.470%
Break-even
16.2 days
Slippage from ApeX Omni: live order book, 43 min ago; Bitget: live order book, 3 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 ApeX Omni live order book, 43 min ago4.32 bp11.9 bp −$12104.9 bp −$1,049doesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago0.54 bp13.0 bp −$1321.9 bp −$21952.9 bp −$5,290doesn'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 HBARUSDTM−0.0078%8h0.09312+0.237%$7.4M$7.7M75xas long as short
GRVT HBAR_USDT_Perp−0.0038%8h0.09283−0.075%$378K$2.2M10xas long as short
dYdX HBAR-USD0.0000%1h0.09310+0.211%$30K$4K5xas long as short
gTrade (Gains Network) HBAR/USDL +0.0007% / S −0.0014%1h0.09318+0.304%$8K150xas long as short
Injective HBAR/USDC PERP+0.0033%1h0.09267−0.248%$1K$106K12xas long as short
Coinbase International HBAR-PERP-INTX+0.0056%1h0.09321+0.334%$230K$2.2M50xas long as short
Kraken Futures PF_HBARUSD+0.0057%1h0.09320+0.327%$1.4M$2.3M50xas long as short
ApeX Omni HBARUSDTlong+0.0068%1h0.09290long leg$149K$718K50x
MEXC HBAR_USDT+0.0071%8h0.09312+0.237%$26.2M$22.3M200xas long as short
Extended HBAR-USD+0.0072%1h0.09312+0.242%$53K$332K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit HBAR_USDC-PERPETUAL+0.0072%1h0.09320+0.323%$513K$166K50xas long as short
Binance HBARUSDT+0.0073%8h0.09313+0.248%$34.9M$108.6M75xas long as short
Variational Omni HBAR+0.0075%8h0.09309+0.205%$1.0M$197Kas long as short
Orderly PERP_HBAR_USDC+0.0076%8h0.09312+0.237%$2K$17K10xas long as short
Phemex HBARUSDT+0.0092%8h0.09313+0.248%$2.2M$2.1M50xas long as short
Lighter HBAR+0.0096%1h0.09312+0.237%$570K$553K5xas long as short
Hyperliquid HBAR+0.0100%1h0.09327+0.395%$8.9M$2.8M5xas long as short
Aster HBARUSDT+0.0100%8h0.09320+0.325%$213K$407K50xas long as short
Bybit HBARUSDT+0.0100%8h0.09310+0.215%$33.1M$35.9M75xas long as short
OKX HBAR-USDT-SWAP+0.0100%8h0.09312+0.237%$6.9M$25.0M50xas long as short
Gate HBAR_USDT+0.0100%8h0.09313+0.248%$2.4M$3.4M75xas long as short
Bitget HBARUSDTshort+0.0100%8h0.09316+0.280%$17.4M$14.9M75x
BingX HBAR-USDT+0.0100%8h0.09313+0.248%$5.9Mas long as short
Backpack HBAR_USDC_PERP+0.0100%1h0.09315+0.269%$34K$105K15xas long as short
SoDEX HBAR-USD+0.0100%1h0.09313+0.248%$432$6K5xas long as short
HTX HBAR-USDT+0.0100%8h0.09337+0.506%$74K$60K20xas long as short
BloFin HBAR-USDT+0.0193%8h0.09315+0.269%$1.5M$5.7M90xas long as short
GMX HBAR/USD [WBTC.b-USDC]L +0.0494% / S −0.0529%1h0.09316+0.285%$119K100xas long as short