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

HBAR

all HBAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0117%/8h= +12.8% APRpaid last 24h +0.005%
Price spread now: Bitget against ApeX Omni+0.097%83s7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$470.469% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.004%$0 on $10k
Price spread, last 3 days (all we have)−0.133%−$13 · spread now +0.097%, 7d avg −0.033%
Together, before fees−0.129%−$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bitget is 0.130% dearer against ApeX Omni than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.033%. The two prices were read 83 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni HBARUSDT0.09282−0.0017get 0.0002% / 1h34m 06s$149K$717K50x
ShortBitget HBARUSDT0.092910.0100get 0.0100% / 8h7h 34m$17.3M$14.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against ApeX 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
$24.53
Price spread: +0.097% → −0.033%
$13.04
Slippage, 4 orders
−$24.93
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$9.37
Costs to cover
0.469%
Break-even
9.7 days
Slippage from ApeX Omni: live order book, 40 min ago; Bitget: live order book, 5 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 ApeX Omni live order book, 40 min ago4.32 bp11.9 bp −$12104.9 bp −$1,049doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago0.54 bp12.0 bp −$1229.0 bp −$29069.7 bp −$6,967doesn'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
GRVT HBAR_USDT_Perp−0.0099%8h0.09264−0.198%$377K$2.2M10xas long as short
KuCoin HBARUSDTM−0.0078%8h0.09285+0.032%$7.3M$7.8M75xas long as short
ApeX Omni HBARUSDTlong−0.0017%1h0.09282long leg$149K$717K50x
dYdX HBAR-USD0.0000%1h0.09301+0.207%$30K$4K5xas long as short
Deribit HBAR_USDC-PERPETUAL0.0000%1h0.09298+0.172%$512K$166K50xas long as short
gTrade (Gains Network) HBAR/USDL +0.0007% / S −0.0014%1h0.09295+0.144%$8K150xas long as short
Injective HBAR/USDC PERP+0.0033%1h0.09267−0.162%$1K$106K12xas long as short
Coinbase International HBAR-PERP-INTX+0.0056%1h0.09304+0.237%$229K$2.2M50xas long as short
Kraken Futures PF_HBARUSD+0.0057%1h0.09298+0.175%$1.4M$2.3M50xas long as short
MEXC HBAR_USDT+0.0069%8h0.09289+0.075%$26.2M$22.3M200xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance HBARUSDT+0.0071%8h0.09283+0.011%$34.8M$109.2M75xas long as short
Extended HBAR-USD+0.0072%1h0.09291+0.097%$51K$318K10xas long as short
Variational Omni HBAR+0.0075%8h0.09274−0.086%$1.0M$197Kas long as short
Orderly PERP_HBAR_USDC+0.0076%8h0.09290+0.086%$2K$17K10xas long as short
Lighter HBAR+0.0096%1h0.09288+0.065%$569K$552K5xas long as short
Hyperliquid HBAR+0.0100%1h0.09298+0.169%$8.9M$2.8M5xas long as short
Aster HBARUSDT+0.0100%8h0.09295+0.143%$212K$429K50xas long as short
Bybit HBARUSDT+0.0100%8h0.09281−0.011%$32.9M$35.9M75xas long as short
OKX HBAR-USDT-SWAP+0.0100%8h0.09285+0.032%$6.9M$25.1M50xas long as short
Gate HBAR_USDT+0.0100%8h0.09289+0.075%$2.4M$3.4M75xas long as short
Bitget HBARUSDTshort+0.0100%8h0.09291+0.097%$17.3M$14.9M75x
BingX HBAR-USDC+0.0100%8h0.09287+0.054%$6.7Mas long as short
Backpack HBAR_USDC_PERP+0.0100%1h0.09288+0.065%$36K$102K15xas long as short
SoDEX HBAR-USD+0.0100%1h0.09292+0.108%$431$6K5xas long as short
HTX HBAR-USDT+0.0100%8h0.09318+0.388%$74K$60K20xas long as short
Phemex HBARUSDT+0.0100%8h0.09293+0.119%$2.2M$2.1M50xas long as short
BloFin HBAR-USDT+0.0190%8h0.09289+0.075%$1.5M$5.7M90xas long as short
GMX HBAR/USD [WBTC.b-USDC]L +0.0494% / S −0.0529%1h0.09296+0.149%$119K100xas long as short