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

HBAR

all HBAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0036%/8h= +3.9% APRpaid last 24h +0.020%
Price spread now: Bitget against Coinbase International−0.022%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$490.490% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.053%+$5 on $10k
Price spread, last 3 days (all we have)+0.041%+$4 · spread now −0.022%, 7d avg −0.024%
Together, before fees+0.094%+$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.024%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International HBAR-PERP-INTX0.092060.0064pay 0.0008% / 1h58m 58s$223K$2.1M50x
ShortBitget HBARUSDT0.092040.0100get 0.0100% / 8h5h 58m$17.0M$14.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Coinbase International. 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
$7.56
Price spread: −0.022% → −0.024%
$0.24
Slippage, 4 orders
−$26.96
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$41.16
Costs to cover
0.490%
Break-even
45.1 days
Slippage from Coinbase International: live order book, 5 min ago; Bitget: live order book, 5 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 Coinbase International live order book, 5 min ago1.63 bp13.1 bp −$1319.2 bp −$192doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago0.54 bp11.7 bp −$1213.6 bp −$13637.8 bp −$3,785doesn't fit

HBAR on 27 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−0.0051%8h0.09201−0.054%$7.1M$7.3M75xas long as short
dYdX HBAR-USD0.0000%1h0.09203−0.033%$30K$4K5xas long as short
Deribit HBAR_USDC-PERPETUAL0.0000%1h0.09202−0.043%$507K$151K50xas long as short
gTrade (Gains Network) HBAR/USDL +0.0007% / S −0.0014%1h0.09197−0.099%$8K150xas long as short
Lighter HBAR+0.0024%1h0.09198−0.087%$559K$591K5xas long as short
Coinbase International HBAR-PERP-INTXlong+0.0064%1h0.09206long leg$223K$2.1M50x
Variational Omni HBAR+0.0065%8h0.09198−0.088%$1.0M$187Kas long as short
Gate HBAR_USDT+0.0066%8h0.09197−0.098%$2.4M$2.8M75xas long as short
Orderly PERP_HBAR_USDC+0.0078%8h0.09196−0.109%$2K$17K10xas long as short
MEXC HBAR_USDT+0.0084%8h0.09205−0.011%$25.9M$19.5M200xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance HBARUSDT+0.0085%8h0.09204−0.023%$34.1M$104.0M75xas long as short
Extended HBAR-USD+0.0088%1h0.09200−0.070%$47K$273K10xas long as short
Injective HBAR/USDC PERP+0.0090%1h0.09282+0.826%$1K$106K12xas long as short
Hyperliquid HBAR+0.0100%1h0.09211+0.059%$8.8M$2.6M5xas long as short
Aster HBARUSDT+0.0100%8h0.09195−0.121%$210K$322K50xas long as short
Bybit HBARUSDT+0.0100%8h0.09202−0.043%$32.6M$34.0M75xas long as short
OKX HBAR-USDT-SWAP+0.0100%8h0.09205−0.011%$6.7M$24.2M50xas long as short
Bitget HBARUSDTshort+0.0100%8h0.09204−0.022%$17.0M$14.8M75x
BingX HBAR-USDT+0.0100%8h0.092060.000%$6.2Mas long as short
Backpack HBAR_USDC_PERP+0.0100%1h0.09202−0.043%$32K$120K15xas long as short
GRVT HBAR_USDT_Perp+0.0100%8h0.09210+0.043%$371K$2.3M10xas long as short
ApeX Omni HBARUSDT+0.0100%1h0.09198−0.087%$147K$711K50xas long as short
SoDEX HBAR-USD+0.0100%1h0.09197−0.098%$427$5K5xas long as short
HTX HBAR-USDT+0.0100%8h0.09208+0.022%$70K$66K20xas long as short
Phemex HBARUSDT+0.0100%8h0.09200−0.065%$2.1M$2.1M50xas long as short
Kraken Futures PF_HBARUSD+0.0206%1h0.09203−0.028%$1.4M$2.5M50xas long as short
GMX HBAR/USD [WBTC.b-USDC]L +0.0486% / S −0.0462%1h0.09197−0.098%$119K100xas long as short