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+0.0067%/8h= +7.3% APRpaid last 24h +0.145%
Price spread now: BingX against Injective+2.736%72s7-day average +0.080% · 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+0.823%+$82 on $10k
Price spread, last 4 days (all we have)−2.331%−$233 · spread now +2.736%, 7d avg +0.080%
Together, before fees−1.508%−$151 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BingX is 2.656% dearer against Injective than usual: you sell high and buy low: +$266 more if the spread goes back to its 7-day average of +0.080%. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective HBAR/USDC PERP0.092820.0033pay 0.0004% / 1h30m 00s$1K$96K12x
ShortBingX HBAR-USDC0.095360.0100get 0.0100% / 8h7h 30m$6.8M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Injective. 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
$14
Price spread: +2.736% → +0.080%
$265.64
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee BingX: 5 bp × 2 orders
−$10
Net
$269.62
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; BingX: live order book, 7 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 Injective no order-book sample
Sell BingX live order book, 7 min ago1.04 bp16.2 bp −$1665.7 bp −$657415.6 bp −$41.6K1045.8 bp −$522.9K
Injective: 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
Gate HBAR_USDT−0.0062%8h0.09531+2.683%$2.5M$2.8M75xas long as short
gTrade (Gains Network) HBAR/USDL +0.0007% / S −0.0008%1h0.09538+2.755%$11K150xas long as short
Injective HBAR/USDC PERPlong+0.0033%1h0.09282long leg$1K$96K12x
Deribit HBAR_USDC-PERPETUAL+0.0065%1h0.09540+2.780%$525K$177K50xas long as short
Orderly PERP_HBAR_USDC+0.0087%8h0.09534+2.715%$2K$11K10xas long as short
Coinbase International HBAR-PERP-INTX+0.0088%1h0.09539+2.769%$226K$2.7M50xas long as short
Lighter HBAR+0.0096%1h0.09538+2.758%$572K$603K5xas long as short
Hyperliquid HBAR+0.0100%1h0.09550+2.885%$8.9M$3.8M5xas long as short
Aster HBARUSDT+0.0100%8h0.09543+2.807%$228K$350K50xas long as short
Binance HBARUSDT+0.0100%8h0.09540+2.780%$36.0M$115.0M75xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit HBARUSDT+0.0100%8h0.09539+2.769%$33.3M$37.7M75xas long as short
OKX HBAR-USDT-SWAP+0.0100%8h0.09540+2.780%$6.7M$26.9M50xas long as short
MEXC HBAR_USDT+0.0100%8h0.09536+2.736%$26.6M$20.5M200xas long as short
KuCoin HBARUSDTM+0.0100%8h0.09541+2.790%$7.4M$7.4M75xas long as short
Bitget HBARUSDT+0.0100%8h0.09539+2.769%$17.6M$17.5M75xas long as short
BingX HBAR-USDCshort+0.0100%8h0.09536+2.736%$6.8M
Backpack HBAR_USDC_PERP+0.0100%1h0.09538+2.758%$34K$202K15xas long as short
Variational Omni HBAR+0.0100%8h0.09558+2.973%$1.1M$179Kas long as short
GRVT HBAR_USDT_Perp+0.0100%8h0.09591+3.333%$384K$3.3M10xas long as short
ApeX Omni HBARUSDT+0.0100%1h0.09577+3.178%$155K$698K50xas long as short
SoDEX HBAR-USD+0.0100%1h0.09539+2.769%$443$5K5xas long as short
HTX HBAR-USDT+0.0100%8h0.09551+2.898%$73K$74K20xas long as short
Phemex HBARUSDT+0.0100%8h0.09538+2.758%$2.2M$2.6M50xas long as short
Extended HBAR-USD+0.0104%1h0.09530+2.676%$50K$305K10xas long as short
BloFin HBAR-USDT+0.0220%8h0.09542+2.801%$1.6M$5.9M90xas long as short
Kraken Futures PF_HBARUSD+0.0284%1h0.09546+2.846%$1.4M$3.2M50xas long as short
GMX HBAR/USD [WBTC.b-USDC]L +0.0366% / S −0.0286%1h0.09537+2.752%$83K100xas long as short
dYdX HBAR-USD+0.1672%1h0.09538+2.760%$33K$14K5xas long as short