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+0.0163%/8h= +17.8% APRpaid last 24h −0.574%
Price spread now: Injective against Variational Omni+0.255%46s7-day average −0.075% · 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 3 days (all we have)−0.476%−$48 on $10k
Price spread, last 3 days (all we have)−0.702%−$70 · spread now +0.255%, 7d avg −0.075%
Together, before fees−1.178%+ Points / potential airdropVariational Omni: Active · farm board−$118 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Injective is 0.330% dearer against Variational Omni than usual: you sell high and buy low: +$33 more if the spread goes back to its 7-day average of −0.075%. Mind the row above: over the last 3 days funding on this pair cost −0.476%, so the current rate has only just turned in your favour. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni HBAR0.092430.0079pay 0.0079% / 8h24m 27s$1.0M$198K
ShortInjective HBAR/USDC PERP0.092670.0242get 0.0030% / 1h24m 27s$1K$112K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Variational Omni. 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
$34.23
Price spread: +0.255% → −0.075%
$32.97
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$67.17
Costs to cover
0.000%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Injective: live order book, 50 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 Variational Omni RFQ quote, 5 min ago3.78 bpdoesn't fit16.8 bp −$168doesn't fitdoesn't fit
Sell Injective live order book, 50 min ago54.85 bpdoesn't fitdoesn't fitdoesn'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−0.0053%8h0.09232−0.124%$7.4M$7.8M75xas long as short
Gate HBAR_USDT−0.0033%8h0.09238−0.059%$2.4M$3.6M75xas long as short
dYdX HBAR-USD0.0000%1h0.092430.000%$30K$4K5xas long as short
gTrade (Gains Network) HBAR/USDL +0.0007% / S −0.0014%1h0.09238−0.054%$8K150xas long as short
Coinbase International HBAR-PERP-INTX+0.0064%1h0.09243−0.005%$221K$2.2M50xas long as short
Deribit HBAR_USDC-PERPETUAL+0.0075%1h0.09247+0.039%$509K$166K50xas long as short
Variational Omni HBARlong+0.0079%8h0.09243long leg$1.0M$198K
Orderly PERP_HBAR_USDC+0.0082%8h0.09236−0.080%$2K$17K10xas long as short
Lighter HBAR+0.0096%1h0.09238−0.059%$567K$591K5xas long as short
Extended HBAR-USD+0.0096%1h0.09232−0.123%$51K$218K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance HBARUSDT+0.0097%8h0.09236−0.080%$34.7M$109.8M75xas long as short
MEXC HBAR_USDT+0.0097%8h0.09237−0.070%$25.9M$22.5M200xas long as short
Hyperliquid HBAR+0.0100%1h0.09252+0.090%$8.8M$2.9M5xas long as short
Aster HBARUSDT+0.0100%8h0.09238−0.060%$211K$429K50xas long as short
Bybit HBARUSDT+0.0100%8h0.09235−0.091%$32.9M$36.7M75xas long as short
OKX HBAR-USDT-SWAP+0.0100%8h0.09236−0.080%$6.8M$25.0M50xas long as short
Bitget HBARUSDT+0.0100%8h0.09238−0.059%$17.1M$14.8M75xas long as short
BingX HBAR-USDT+0.0100%8h0.09233−0.113%$6.0Mas long as short
Backpack HBAR_USDC_PERP+0.0100%1h0.09242−0.016%$34K$102K15xas long as short
GRVT HBAR_USDT_Perp+0.0100%8h0.09246+0.030%$376K$2.2M10xas long as short
ApeX Omni HBARUSDT+0.0100%1h0.09249+0.060%$148K$707K50xas long as short
SoDEX HBAR-USD+0.0100%1h0.09239−0.048%$429$6K5xas long as short
HTX HBAR-USDT+0.0100%8h0.09252+0.093%$73K$53K20xas long as short
Phemex HBARUSDT+0.0100%8h0.09239−0.048%$2.2M$2.2M50xas long as short
BloFin HBAR-USDT+0.0217%8h0.09239−0.048%$1.5M$5.8M90xas long as short
Injective HBAR/USDC PERPshort+0.0242%1h0.09267+0.255%$1K$112K12x
Kraken Futures PF_HBARUSD+0.0414%1h0.09244+0.007%$1.4M$2.3M50xas long as short
GMX HBAR/USD [WBTC.b-USDC]L +0.0447% / S −0.0478%1h0.09238−0.059%$104K100xas long as short