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

HBAR

all HBAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.009%
Price spread now: Gate against ApeX Omni−0.163%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$590.586% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.021%−$2 on $10k
Price spread, last 4 days (all we have)−0.270%−$27 · spread now −0.163%, 7d avg −0.030%
Together, before fees−0.291%−$29 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.133% cheaper against ApeX Omni than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.030%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni HBARUSDT0.091960.0100pay 0.0013% / 1h57m 15s$147K$712K50x
ShortGate HBAR_USDT0.091810.0060get 0.0060% / 8h5h 57m$2.4M$2.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$8.4
Price spread: −0.163% → −0.030%
−$13.29
Slippage, 4 orders
−$33.58
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$80.27
Costs to cover
0.586%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 6 min ago; Gate: live order book, 6 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, 6 min ago4.34 bp11.9 bp −$12104.3 bp −$1,043doesn't fitdoesn't fit
Sell Gate live order book, 6 min ago2.72 bp17.7 bp −$1857.1 bp −$571doesn't fitdoesn't fit

HBAR on 27 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−0.0052%8h0.09174−0.239%$7.1M$7.3M75xas long as short
Lighter HBAR0.0000%1h0.09171−0.272%$558K$591K5xas long as short
dYdX HBAR-USD0.0000%1h0.09186−0.113%$30K$4K5xas long as short
gTrade (Gains Network) HBAR/USDL +0.0007% / S −0.0014%1h0.09184−0.131%$8K150xas long as short
Gate HBAR_USDTshort+0.0060%8h0.09181−0.163%$2.4M$2.8M75x
Coinbase International HBAR-PERP-INTX+0.0064%1h0.09178−0.196%$224K$2.1M50xas long as short
Variational Omni HBAR+0.0065%8h0.09198+0.021%$1.0M$187Kas long as short
Orderly PERP_HBAR_USDC+0.0078%8h0.09179−0.185%$2K$17K10xas long as short
MEXC HBAR_USDT+0.0085%8h0.09183−0.141%$25.8M$19.5M200xas long as short
Binance HBARUSDT+0.0087%8h0.09178−0.196%$34.0M$103.9M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended HBAR-USD+0.0088%1h0.09178−0.196%$51K$277K10xas long as short
Injective HBAR/USDC PERP+0.0090%1h0.09282+0.935%$1K$106K12xas long as short
Hyperliquid HBAR+0.0100%1h0.09187−0.097%$8.8M$2.6M5xas long as short
Aster HBARUSDT+0.0100%8h0.09180−0.174%$209K$322K50xas long as short
Bybit HBARUSDT+0.0100%8h0.09183−0.141%$32.6M$33.9M75xas long as short
OKX HBAR-USDT-SWAP+0.0100%8h0.09185−0.120%$6.7M$24.1M50xas long as short
Bitget HBARUSDT+0.0100%8h0.09186−0.109%$17.0M$14.8M75xas long as short
BingX HBAR-USDC+0.0100%8h0.09185−0.120%$6.7Mas long as short
Backpack HBAR_USDC_PERP+0.0100%1h0.09183−0.141%$32K$120K15xas long as short
GRVT HBAR_USDT_Perp+0.0100%8h0.09197+0.006%$370K$2.3M10xas long as short
ApeX Omni HBARUSDTlong+0.0100%1h0.09196long leg$147K$712K50x
SoDEX HBAR-USD+0.0100%1h0.09173−0.250%$426$5K5xas long as short
HTX HBAR-USDT+0.0100%8h0.09200+0.043%$70K$66K20xas long as short
Phemex HBARUSDT+0.0100%8h0.09177−0.207%$2.1M$2.1M50xas long as short
Deribit HBAR_USDC-PERPETUAL+0.0186%1h0.09180−0.174%$505K$151K50xas long as short
Kraken Futures PF_HBARUSD+0.0206%1h0.09177−0.212%$1.4M$2.5M50xas long as short
GMX HBAR/USD [WBTC.b-USDC]L +0.0486% / S −0.0462%1h0.09185−0.124%$119K100xas long as short