Funding arb · Price arb /

HBAR

all HBAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0093%/8h= +10.2% APRpaid last 24h +0.020%

Price spread now: OKX against gTrade (Gains Network)−0.058%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on OKX

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. OKX is 0.058% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.058% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 2.1 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) HBAR/USD	0.09257	L +0.0007% / S −0.0014%	pay 0.0001% / 1h	48m 01s	$8K	—	150x
Short	OKX HBAR-USDT-SWAP	0.09252	0.0100	get 0.0100% / 8h	7h 48m	$6.8M	$25.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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

Position, each leg$Hold fordaysFee gTrade (Gains Network)bpFee OKXbpOrdersPrice spread, now −0.058%Rate

Funding earned: $19.59
Price spread: −0.058% → 0.000%: −$5.76
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$6.17
Costs to cover: 0.200%
Break-even: 9.2 days

Slippage unknown: gTrade (Gains Network): no order-book sample; OKX: live order book, 1 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell OKX live order book, 1 min ago	0.54 bp	11.0 bp −$11	21.4 bp −$214	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate HBAR_USDT	−0.0108%	8h	0.09251	−0.068%	$2.4M	$3.3M	75x	as long as short
ApeX Omni HBARUSDT	−0.0100%	1h	0.09310	+0.569%	$149K	$711K	50x	as long as short
KuCoin HBARUSDTM	−0.0082%	8h	0.09248	−0.101%	$7.3M	$7.8M	75x	as long as short
GRVT HBAR_USDT_Perp	−0.0021%	8h	0.09338	+0.873%	$376K	$2.2M	10x	as long as short
dYdX HBAR-USD	0.0000%	1h	0.09272	+0.161%	$30K	$4K	5x	as long as short
gTrade (Gains Network) HBAR/USDlong	L +0.0007% / S −0.0014%	1h	0.09257	long leg	$8K	—	150x
Injective HBAR/USDC PERP	+0.0033%	1h	0.09267	+0.104%	$1K	$106K	12x	as long as short
Coinbase International HBAR-PERP-INTX	+0.0056%	1h	0.09260	+0.029%	$228K	$2.3M	50x	as long as short
Kraken Futures PF_HBARUSD	+0.0058%	1h	0.09256	−0.017%	$1.4M	$2.3M	50x	as long as short
Variational Omni HBAR	+0.0071%	8h	0.09304	+0.505%	$1.0M	$202K	—	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance HBARUSDT	+0.0077%	8h	0.09249	−0.090%	$34.8M	$109.8M	75x	as long as short
Orderly PERP_HBAR_USDC	+0.0078%	8h	0.09250	−0.079%	$2K	$17K	10x	as long as short
MEXC HBAR_USDT	+0.0079%	8h	0.09254	−0.036%	$26.1M	$22.3M	200x	as long as short
Extended HBAR-USD	+0.0080%	1h	0.09248	−0.102%	$53K	$237K	10x	as long as short
Lighter HBAR	+0.0096%	1h	0.09248	−0.101%	$565K	$551K	5x	as long as short
Hyperliquid HBAR	+0.0100%	1h	0.09264	+0.075%	$8.8M	$2.8M	5x	as long as short
Aster HBARUSDT	+0.0100%	8h	0.09252	−0.057%	$211K	$429K	50x	as long as short
Bybit HBARUSDT	+0.0100%	8h	0.09248	−0.101%	$32.9M	$36.2M	75x	as long as short
OKX HBAR-USDT-SWAPshort	+0.0100%	8h	0.09252	−0.058%	$6.8M	$25.1M	50x
Bitget HBARUSDT	+0.0100%	8h	0.09253	−0.047%	$17.2M	$14.9M	75x	as long as short
BingX HBAR-USDT	+0.0100%	8h	0.09242	−0.166%	—	$5.9M	—	as long as short
Backpack HBAR_USDC_PERP	+0.0100%	1h	0.09246	−0.122%	$36K	$103K	15x	as long as short
SoDEX HBAR-USD	+0.0100%	1h	0.09246	−0.122%	$429	$6K	5x	as long as short
HTX HBAR-USDT	+0.0100%	8h	0.09275	+0.191%	$73K	$59K	20x	as long as short
Phemex HBARUSDT	+0.0100%	8h	0.09255	−0.025%	$2.2M	$2.1M	50x	as long as short
Deribit HBAR_USDC-PERPETUAL	+0.0182%	1h	0.09261	+0.040%	$510K	$166K	50x	as long as short
BloFin HBAR-USDT	+0.0199%	8h	0.09274	+0.180%	$1.5M	$5.8M	90x	as long as short
GMX HBAR/USD [WBTC.b-USDC]	L +0.0489% / S −0.0522%	1h	0.09255	−0.022%	$118K	—	100x	as long as short