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

HBAR

all HBAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.005%
Price spread now: ApeX Omni against Phemex−0.169%7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$650.646% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.008%−$1 on $10k
Price spread, last 4 days (all we have)+0.185%+$19 · spread now −0.169%, 7d avg +0.025%
Together, before fees+0.177%+$18 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.194% cheaper against Phemex than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of +0.025%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex HBARUSDT0.094850.0100pay 0.0100% / 8h7h 59m$2.2M$2.6M50x
ShortApeX Omni HBARUSDT0.094690.0100get 0.0013% / 1h59m 26s$154K$698K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Phemex. 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
$0
Price spread: −0.169% → +0.025%
−$19.37
Slippage, 4 orders
−$42.61
Fee Phemex: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$83.98
Costs to cover
0.646%
Break-even
never at this rate
Slippage from Phemex: live order book, 4 min ago; ApeX Omni: live order book, 39 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 Phemex live order book, 4 min ago1.06 bp16.8 bp −$1734.3 bp −$343doesn't fitdoesn't fit
Sell ApeX Omni live order book, 39 min ago6.95 bp14.7 bp −$15112.9 bp −$1,129doesn'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
Kraken Futures PF_HBARUSD−0.0143%1h0.09494+0.090%$1.3M$3.0M50xas long as short
gTrade (Gains Network) HBAR/USDL +0.0007% / S −0.0008%1h0.09467−0.190%$11K150xas long as short
Injective HBAR/USDC PERP+0.0033%1h0.09282−2.140%$1K$103K12xas long as short
Coinbase International HBAR-PERP-INTX+0.0080%1h0.09469−0.169%$213K$2.6M50xas long as short
Orderly PERP_HBAR_USDC+0.0083%8h0.09480−0.053%$2K$12K10xas long as short
Lighter HBAR+0.0096%1h0.09478−0.074%$569K$600K5xas long as short
Hyperliquid HBAR+0.0100%1h0.09476−0.100%$8.8M$3.7M5xas long as short
Aster HBARUSDT+0.0100%8h0.09473−0.129%$204K$323K50xas long as short
Binance HBARUSDT+0.0100%8h0.09467−0.193%$35.4M$113.0M75xas long as short
Bybit HBARUSDT+0.0100%8h0.09467−0.190%$32.7M$36.6M75xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX HBAR-USDT-SWAP+0.0100%8h0.09469−0.169%$6.7M$25.8M50xas long as short
Gate HBAR_USDT+0.0100%8h0.09476−0.095%$2.5M$2.7M75xas long as short
MEXC HBAR_USDT+0.0100%8h0.09469−0.169%$26.3M$20.1M200xas long as short
KuCoin HBARUSDTM+0.0100%8h0.09469−0.169%$7.5M$7.5M75xas long as short
Bitget HBARUSDT+0.0100%8h0.09467−0.190%$17.3M$16.9M75xas long as short
BingX HBAR-USDC+0.0100%8h0.09480−0.053%$6.7Mas long as short
Backpack HBAR_USDC_PERP+0.0100%1h0.09494+0.095%$40K$200K15xas long as short
Variational Omni HBAR+0.0100%8h0.09462−0.240%$1.0M$179Kas long as short
GRVT HBAR_USDT_Perp+0.0100%8h0.09465−0.213%$384K$3.3M10xas long as short
ApeX Omni HBARUSDTshort+0.0100%1h0.09469−0.169%$154K$698K50x
SoDEX HBAR-USD+0.0100%1h0.09484−0.011%$440$5K5xas long as short
HTX HBAR-USDT+0.0100%8h0.09514+0.306%$73K$74K20xas long as short
Phemex HBARUSDTlong+0.0100%8h0.09485long leg$2.2M$2.6M50x
Extended HBAR-USD+0.0104%1h0.09474−0.112%$49K$308K10xas long as short
BloFin HBAR-USDT+0.0220%8h0.09467−0.190%$1.5M$5.8M90xas long as short
Deribit HBAR_USDC-PERPETUAL+0.0277%1h0.09489+0.042%$523K$178K50xas long as short
GMX HBAR/USD [WBTC.b-USDC]L +0.0366% / S −0.0265%1h0.09474−0.112%$86K100xas long as short
dYdX HBAR-USD+0.1590%1h0.09482−0.029%$31K$11K5xas long as short