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+0.0314%/8h= +34.4% APRpaid last 24h +0.145%
Price spread now: Kraken Futures against MEXC+0.147%7-day average +0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$3as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$290.289% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.262%+$26 on $10k
Price spread, last 3 days (all we have)−0.105%−$10 · spread now +0.147%, 7d avg +0.090%
Together, before fees+0.157%+$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Kraken Futures is 0.057% dearer against MEXC than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.090%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC HBAR_USDT0.092440.0100pay 0.0100% / 8h35m 38s$25.9M$22.4M200x
ShortKraken Futures PF_HBARUSD0.092580.0414get 0.0052% / 1h35m 38s$1.4M$2.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against MEXC. 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
$65.89
Price spread: +0.147% → +0.090%
$5.75
Slippage, 4 orders
−$18.89
Fee MEXC: 0 bp × 2 orders
$0
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$42.75
Costs to cover
0.289%
Break-even
2.5 days
Slippage from MEXC: live order book, 3 min ago; Kraken Futures: 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 MEXC live order book, 3 min ago0.54 bp2.7 bp −$37.0 bp −$7034.6 bp −$3,464119.5 bp −$59.7K
Sell Kraken Futures live order book, 3 min ago3.77 bp9.6 bp −$1016.3 bp −$163doesn'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
KuCoin HBARUSDTM−0.0038%8h0.092440.000%$7.4M$7.8M75xas long as short
Gate HBAR_USDT−0.0018%8h0.09252+0.087%$2.4M$3.6M75xas long as short
dYdX HBAR-USD0.0000%1h0.09251+0.071%$30K$4K5xas long as short
Deribit HBAR_USDC-PERPETUAL0.0000%1h0.09256+0.130%$510K$166K50xas long as short
gTrade (Gains Network) HBAR/USDL +0.0007% / S −0.0014%1h0.09255+0.114%$8K150xas long as short
Coinbase International HBAR-PERP-INTX+0.0064%1h0.09260+0.173%$222K$2.2M50xas long as short
Orderly PERP_HBAR_USDC+0.0082%8h0.09249+0.054%$2K$17K10xas long as short
Variational Omni HBAR+0.0083%8h0.09255+0.124%$1.0M$198Kas long as short
Lighter HBAR+0.0096%1h0.09245+0.011%$567K$591K5xas long as short
Hyperliquid HBAR+0.0100%1h0.09259+0.164%$8.8M$2.8M5xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster HBARUSDT+0.0100%8h0.09249+0.052%$211K$429K50xas long as short
Binance HBARUSDT+0.0100%8h0.09247+0.032%$34.7M$109.9M75xas long as short
Bybit HBARUSDT+0.0100%8h0.092440.000%$32.9M$36.8M75xas long as short
OKX HBAR-USDT-SWAP+0.0100%8h0.09250+0.065%$6.8M$25.0M50xas long as short
MEXC HBAR_USDTlong+0.0100%8h0.09244long leg$25.9M$22.4M200x
Bitget HBARUSDT+0.0100%8h0.09250+0.065%$17.1M$15.0M75xas long as short
BingX HBAR-USDT+0.0100%8h0.09252+0.087%$6.0Mas long as short
Backpack HBAR_USDC_PERP+0.0100%1h0.09252+0.087%$34K$102K15xas long as short
GRVT HBAR_USDT_Perp+0.0100%8h0.09286+0.450%$378K$2.2M10xas long as short
ApeX Omni HBARUSDT+0.0100%1h0.09275+0.335%$148K$707K50xas long as short
SoDEX HBAR-USD+0.0100%1h0.09250+0.065%$429$6K5xas long as short
HTX HBAR-USDT+0.0100%8h0.09272+0.303%$73K$53K20xas long as short
Phemex HBARUSDT+0.0100%8h0.09254+0.108%$2.2M$2.2M50xas long as short
Extended HBAR-USD+0.0104%1h0.09250+0.067%$51K$218K10xas long as short
BloFin HBAR-USDT+0.0220%8h0.09259+0.162%$1.5M$5.8M90xas long as short
Injective HBAR/USDC PERP+0.0242%1h0.09267+0.249%$1K$112K12xas long as short
Kraken Futures PF_HBARUSDshort+0.0414%1h0.09258+0.147%$1.4M$2.3M50x
GMX HBAR/USD [WBTC.b-USDC]L +0.0447% / S −0.0478%1h0.09253+0.102%$104K100xas long as short