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

HBAR

all HBAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.005%
Price spread now: Bybit against ApeX Omni−0.851%79s7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$480.478% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.083%−$8 on $10k
Price spread, last 4 days (all we have)+0.693%+$69 · spread now −0.851%, 7d avg −0.055%
Together, before fees+0.610%+$61 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: Bybit is 0.796% cheaper against ApeX Omni than usual: you would sell low and buy high, −$80 on $10k if it goes back to its 7-day average of −0.055%. The two prices were read 79 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni HBARUSDT0.095130.0100pay 0.0013% / 1h26m 13s$155K$711K50x
ShortBybit HBARUSDT0.094320.0100get 0.0100% / 8h3h 26m$33.4M$35.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: −0.851% → −0.055%
−$79.62
Slippage, 4 orders
−$26.76
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$127.38
Costs to cover
0.478%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 27 min ago; Bybit: 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 ApeX Omni live order book, 27 min ago4.76 bp15.4 bp −$1598.9 bp −$989doesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago0.53 bp11.0 bp −$1120.4 bp −$20469.1 bp −$6,908doesn'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
dYdX HBAR-USD0.0000%1h0.09454−0.619%$31K$4K5xas long as short
Deribit HBAR_USDC-PERPETUAL0.0000%1h0.09448−0.683%$520K$190K50xas long as short
gTrade (Gains Network) HBAR/USDL +0.0007% / S −0.0011%1h0.09446−0.701%$9K150xas long as short
Injective HBAR/USDC PERP+0.0033%1h0.09282−2.428%$1K$105K12xas long as short
Orderly PERP_HBAR_USDC+0.0080%8h0.09440−0.767%$2K$14K10xas long as short
Coinbase International HBAR-PERP-INTX+0.0080%1h0.09449−0.673%$230K$2.3M50xas long as short
Lighter HBAR+0.0096%1h0.09444−0.725%$569K$616K5xas long as short
KuCoin HBARUSDTM+0.0099%8h0.09432−0.851%$7.6M$7.4M75xas long as short
Aster HBARUSDT+0.0100%8h0.09448−0.681%$203K$336K50xas long as short
Binance HBARUSDT+0.0100%8h0.09446−0.704%$35.1M$109.5M75xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit HBARUSDTshort+0.0100%8h0.09432−0.851%$33.4M$35.1M75x
OKX HBAR-USDT-SWAP+0.0100%8h0.09431−0.862%$6.7M$25.8M50xas long as short
Gate HBAR_USDT+0.0100%8h0.09431−0.862%$2.4M$2.7M75xas long as short
MEXC HBAR_USDT+0.0100%8h0.09434−0.830%$26.3M$19.7M200xas long as short
Bitget HBARUSDT+0.0100%8h0.09431−0.862%$17.2M$15.5M75xas long as short
BingX HBAR-USDT+0.0100%8h0.09433−0.841%$6.5Mas long as short
Backpack HBAR_USDC_PERP+0.0100%1h0.09446−0.704%$38K$200K15xas long as short
Variational Omni HBAR+0.0100%8h0.09510−0.033%$1.1M$187Kas long as short
GRVT HBAR_USDT_Perp+0.0100%8h0.09478−0.363%$386K$2.7M10xas long as short
ApeX Omni HBARUSDTlong+0.0100%1h0.09513long leg$155K$711K50x
SoDEX HBAR-USD+0.0100%1h0.09443−0.736%$438$5K5xas long as short
HTX HBAR-USDT+0.0100%8h0.09468−0.473%$72K$68K20xas long as short
Phemex HBARUSDT+0.0100%8h0.09444−0.725%$2.2M$2.2M50xas long as short
Extended HBAR-USD+0.0104%1h0.09440−0.765%$50K$273K10xas long as short
BloFin HBAR-USDT+0.0220%8h0.09447−0.694%$1.5M$5.6M90xas long as short
Kraken Futures PF_HBARUSD+0.0356%1h0.09448−0.678%$1.4M$2.9M50xas long as short
GMX HBAR/USD [WBTC.b-USDC]L +0.0579% / S −0.0590%1h0.09444−0.726%$147K100xas long as short
Hyperliquid HBAR+0.0628%1h0.09451−0.654%$9.5M$3.3M5xas long as short