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

HBAR

all HBAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0088%/8h= −9.7% APRpaid last 24h −0.004%
Price spread now: Hyperliquid against BloFin+0.437%47s7-day average +0.104% · 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−0.124%−$12 on $10k
Price spread, last 4 days (all we have)−0.348%−$35 · spread now +0.437%, 7d avg +0.104%
Together, before fees−0.472%+ Points / potential airdropHyperliquid: Season 2 · farm board−$47 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Hyperliquid is 0.333% dearer against BloFin than usual: you sell high and buy low (spread +0.437% now, against its 7-day average of +0.104%): +$33 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 13 days. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin HBAR-USDT0.097010.0220pay 0.0220% / 8h7h 00m$1.6M$6.0M90x
ShortHyperliquid HBAR0.097430.0132get 0.0016% / 1h0m 29s$9.2M$4.0M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against BloFin. 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
−$18.56
Price spread: +0.437% → +0.104%
$33.32
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$6.24
Costs to cover
0.210%
Break-even
from the start
Slippage unknown: BloFin: live order book, 3 min ago; Hyperliquid: 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 BloFin live order book, 3 min ago4.61 bp12.9 bp −$1319.0 bp −$19046.8 bp −$4,682doesn't fit
Sell Hyperliquid live order book, 2 min ago0.82 bpdoesn't fitdoesn't fitdoesn't fitdoesn'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
gTrade (Gains Network) HBAR/USDL +0.0007% / S −0.0008%1h0.09730+0.302%$11K150xas long as short
Injective HBAR/USDC PERP+0.0033%1h0.09716+0.155%$1K$98K12xas long as short
Coinbase International HBAR-PERP-INTX+0.0088%1h0.09736+0.361%$241K$2.9M50xas long as short
Orderly PERP_HBAR_USDC+0.0089%8h0.09723+0.227%$1K$11K10xas long as short
Lighter HBAR+0.0096%1h0.09740+0.402%$588K$617K5xas long as short
Aster HBARUSDT+0.0100%8h0.09736+0.358%$233K$350K50xas long as short
Binance HBARUSDT+0.0100%8h0.09729+0.289%$37.0M$115.1M75xas long as short
Bybit HBARUSDT+0.0100%8h0.09727+0.268%$34.4M$37.9M75xas long as short
OKX HBAR-USDT-SWAP+0.0100%8h0.09724+0.237%$6.9M$27.8M50xas long as short
Gate HBAR_USDT+0.0100%8h0.09733+0.330%$2.5M$3.0M75xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC HBAR_USDT+0.0100%8h0.09732+0.320%$27.8M$21.1M200xas long as short
KuCoin HBARUSDTM+0.0100%8h0.09736+0.361%$7.6M$7.4M75xas long as short
Bitget HBARUSDT+0.0100%8h0.09734+0.340%$18.5M$17.9M75xas long as short
BingX HBAR-USDC+0.0100%8h0.09732+0.320%$6.8Mas long as short
Backpack HBAR_USDC_PERP+0.0100%1h0.09704+0.031%$38K$199K15xas long as short
Variational Omni HBAR+0.0100%8h0.09695−0.065%$1.1M$171Kas long as short
GRVT HBAR_USDT_Perp+0.0100%8h0.09727+0.264%$400K$3.5M10xas long as short
ApeX Omni HBARUSDT+0.0100%1h0.09673−0.289%$156K$698K50xas long as short
SoDEX HBAR-USD+0.0100%1h0.09711+0.103%$451$5K5xas long as short
HTX HBAR-USDT+0.0100%8h0.09738+0.381%$75K$74K20xas long as short
Phemex HBARUSDT+0.0100%8h0.09708+0.072%$2.6M$3.4M50xas long as short
Extended HBAR-USD+0.0104%1h0.09747+0.471%$53K$303K10xas long as short
Hyperliquid HBARshort+0.0132%1h0.09743+0.437%$9.2M$4.0M5x
Deribit HBAR_USDC-PERPETUAL+0.0162%1h0.09718+0.175%$535K$191K50xas long as short
BloFin HBAR-USDTlong+0.0220%8h0.09701long leg$1.6M$6.0M90x
Kraken Futures PF_HBARUSD+0.0279%1h0.09718+0.173%$1.4M$3.4M50xas long as short
GMX HBAR/USD [WBTC.b-USDC]L +0.0375% / S −0.0376%1h0.09718+0.173%$80K100xas long as short
dYdX HBAR-USD+0.1746%1h0.09746+0.460%$39K$18K5xas long as short