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

HBAR

all HBAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0093%/8h= +10.2% APRnext payment +$0.12 per $10,000 · paid last 24h +0.025%
Price spread now: Backpack against gTrade (Gains Network)−0.083%7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Backpack is 0.083% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.083% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 2.9 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) HBAR/USD0.09212L +0.0007% / S −0.0014%pay 0.0001% / 1h8m 08s$8K150x
ShortBackpack HBAR_USDC_PERP0.092040.0100get 0.0013% / 1h8m 08s$42K$145K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Backpack against gTrade (Gains Network). 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
$19.59
Price spread: −0.083% → 0.000%
−$8.25
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$8.66
Costs to cover
0.200%
Break-even
10.1 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Backpack: live order book, 55 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 gTrade (Gains Network) no order-book sample
Sell Backpack live order book, 55 min ago0.54 bp7.0 bp −$7520.0 bp −$5,200doesn't fitdoesn't fit
gTrade (Gains Network): 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin HBARUSDTM−0.0005%8h0.09205−0.072%$7.2M$7.2M75xas long as short
dYdX HBAR-USD0.0000%1h0.09215+0.039%$30K$4K5xas long as short
gTrade (Gains Network) HBAR/USDlongL +0.0007% / S −0.0014%1h0.09212long leg$8K150x
Gate HBAR_USDT+0.0035%8h0.09208−0.039%$2.4M$2.8M75xas long as short
Coinbase International HBAR-PERP-INTX+0.0064%1h0.09213+0.015%$233K$2.1M50xas long as short
Orderly PERP_HBAR_USDC+0.0080%8h0.09207−0.050%$2K$14K10xas long as short
Variational Omni HBAR+0.0081%8h0.09234+0.240%$1.0M$187Kas long as short
Injective HBAR/USDC PERP+0.0090%1h0.09282+0.764%$1K$106K12xas long as short
Lighter HBAR+0.0096%1h0.09204−0.083%$559K$592K5xas long as short
Hyperliquid HBAR+0.0100%1h0.09216+0.043%$8.7M$2.7M5xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster HBARUSDT+0.0100%8h0.09208−0.043%$210K$318K50xas long as short
Binance HBARUSDT+0.0100%8h0.09196−0.164%$33.9M$104.3M75xas long as short
Bybit HBARUSDT+0.0100%8h0.09196−0.169%$32.6M$33.8M75xas long as short
OKX HBAR-USDT-SWAP+0.0100%8h0.09198−0.148%$6.6M$24.3M50xas long as short
MEXC HBAR_USDT+0.0100%8h0.09205−0.072%$25.9M$19.6M200xas long as short
Bitget HBARUSDT+0.0100%8h0.09196−0.169%$17.0M$14.8M75xas long as short
BingX HBAR-USDT+0.0100%8h0.09201−0.115%$6.1Mas long as short
Backpack HBAR_USDC_PERPshort+0.0100%1h0.09204−0.083%$42K$145K15x
GRVT HBAR_USDT_Perp+0.0100%8h0.09246+0.373%$375K$2.4M10xas long as short
ApeX Omni HBARUSDT+0.0100%1h0.09251+0.428%$148K$713K50xas long as short
SoDEX HBAR-USD+0.0100%1h0.09207−0.050%$427$5K5xas long as short
HTX HBAR-USDT+0.0100%8h0.09224+0.135%$70K$66K20xas long as short
Phemex HBARUSDT+0.0100%8h0.09209−0.028%$2.1M$2.1M50xas long as short
Extended HBAR-USD+0.0104%1h0.09204−0.078%$47K$277K10xas long as short
Deribit HBAR_USDC-PERPETUAL+0.0184%1h0.09213+0.015%$507K$152K50xas long as short
Kraken Futures PF_HBARUSD+0.0205%1h0.09213+0.014%$1.4M$2.5M50xas long as short
BloFin HBAR-USDT+0.0220%8h0.09215+0.037%$1.4M$5.4M90xas long as short
GMX HBAR/USD [WBTC.b-USDC]L +0.0346% / S −0.0242%1h0.09208−0.037%$79K100xas long as short