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

HBAR

all HBAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0376%/8h= −41.2% APRpaid last 24h +0.021%
Price spread now: Gate against Coinbase International−0.011%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$610.608% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.024%+$2 on $10k
Price spread, last 3 days (all we have)+0.036%+$4 · spread now −0.011%, 7d avg −0.019%
Together, before fees+0.060%+$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.019%, so right now this pair is about funding alone: −$11 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.024% in total (about 1.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International HBAR-PERP-INTX0.093000.0056pay 0.0007% / 1h54m 46s$222K$2.2M50x
ShortGate HBAR_USDT0.09299−0.0320pay 0.0320% / 8h7h 54m$2.4M$3.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$78.96
Price spread: −0.011% → −0.019%
$0.81
Slippage, 4 orders
−$35.77
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$138.92
Costs to cover
0.608%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 4 min ago; Gate: 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 Coinbase International live order book, 4 min ago3.21 bp15.2 bp −$1523.7 bp −$237doesn't fitdoesn't fit
Sell Gate live order book, 3 min ago2.68 bp13.9 bp −$1454.0 bp −$540doesn'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
Gate HBAR_USDTshort−0.0320%8h0.09299−0.011%$2.4M$3.3M75x
KuCoin HBARUSDTM−0.0073%8h0.09294−0.065%$7.4M$7.9M75xas long as short
GRVT HBAR_USDT_Perp−0.0037%8h0.09349+0.527%$384K$2.2M10xas long as short
dYdX HBAR-USD0.0000%1h0.09310+0.105%$30K$4K5xas long as short
gTrade (Gains Network) HBAR/USDL +0.0007% / S −0.0014%1h0.09304+0.047%$8K150xas long as short
Injective HBAR/USDC PERP+0.0033%1h0.09267−0.355%$1K$106K12xas long as short
Coinbase International HBAR-PERP-INTXlong+0.0056%1h0.09300long leg$222K$2.2M50x
Kraken Futures PF_HBARUSD+0.0057%1h0.09302+0.023%$1.4M$2.3M50xas long as short
Variational Omni HBAR+0.0077%8h0.09324+0.261%$1.0M$202Kas long as short
Orderly PERP_HBAR_USDC+0.0079%8h0.09297−0.032%$2K$17K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance HBARUSDT+0.0084%8h0.09296−0.038%$35.0M$109.9M75xas long as short
MEXC HBAR_USDT+0.0085%8h0.09295−0.054%$25.9M$22.1M200xas long as short
Extended HBAR-USD+0.0088%1h0.09295−0.052%$51K$213K10xas long as short
Lighter HBAR+0.0096%1h0.09297−0.032%$570K$547K5xas long as short
Hyperliquid HBAR+0.0100%1h0.09309+0.101%$8.9M$2.8M5xas long as short
Aster HBARUSDT+0.0100%8h0.09304+0.048%$212K$429K50xas long as short
Bybit HBARUSDT+0.0100%8h0.09295−0.054%$33.1M$36.3M75xas long as short
OKX HBAR-USDT-SWAP+0.0100%8h0.09297−0.032%$6.9M$25.3M50xas long as short
Bitget HBARUSDT+0.0100%8h0.09298−0.022%$17.3M$14.9M75xas long as short
BingX HBAR-USDC+0.0100%8h0.09298−0.022%$6.7Mas long as short
Backpack HBAR_USDC_PERP+0.0100%1h0.09298−0.022%$37K$103K15xas long as short
ApeX Omni HBARUSDT+0.0100%1h0.09356+0.602%$150K$709K50xas long as short
SoDEX HBAR-USD+0.0100%1h0.09295−0.054%$431$6K5xas long as short
HTX HBAR-USDT+0.0100%8h0.09335+0.376%$74K$59K20xas long as short
Phemex HBARUSDT+0.0100%8h0.09299−0.011%$2.2M$2.2M50xas long as short
Deribit HBAR_USDC-PERPETUAL+0.0180%1h0.09306+0.065%$512K$166K50xas long as short
BloFin HBAR-USDT+0.0204%8h0.09297−0.032%$1.5M$5.8M90xas long as short
GMX HBAR/USD [WBTC.b-USDC]L +0.0490% / S −0.0555%1h0.09303+0.031%$116K100xas long as short