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

HBAR

all HBAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h −0.023%
Price spread now: KuCoin against ApeX Omni+0.230%7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$620.625% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.081%−$8 on $10k
Price spread, last 4 days (all we have)−0.327%−$33 · spread now +0.230%, 7d avg −0.030%
Together, before fees−0.407%−$41 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.260% dearer against ApeX Omni than usual: you sell high and buy low: +$26 more if the spread goes back to its 7-day average of −0.030%. Mind the row above: over the last 7 days funding on this pair cost −0.081%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni HBARUSDT0.09140−0.0004get 0.0000% / 1h25m 15s$149K$709K50x
ShortKuCoin HBARUSDTM0.091610.0100get 0.0100% / 8h2h 25m$7.3M$7.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$21.77
Price spread: +0.230% → −0.030%
$25.96
Slippage, 4 orders
−$40.46
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$14.73
Costs to cover
0.625%
Break-even
11.7 days
Slippage from ApeX Omni: live order book, 23 min ago; KuCoin: 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, 23 min ago7.05 bp16.4 bp −$16105.5 bp −$1,055doesn't fitdoesn't fit
Sell KuCoin live order book, 3 min ago1.64 bp14.0 bp −$1442.8 bp −$428doesn'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
Backpack HBAR_USDC_PERP−0.0316%1h0.09141+0.011%$32K$203K15xas long as short
ApeX Omni HBARUSDTlong−0.0004%1h0.09140long leg$149K$709K50x
dYdX HBAR-USD0.0000%1h0.09160+0.221%$30K$4K5xas long as short
gTrade (Gains Network) HBAR/USDL +0.0007% / S −0.0011%1h0.09165+0.268%$9K150xas long as short
Injective HBAR/USDC PERP+0.0033%1h0.09282+1.554%$1K$103K12xas long as short
Deribit HBAR_USDC-PERPETUAL+0.0077%1h0.09166+0.284%$505K$177K50xas long as short
Orderly PERP_HBAR_USDC+0.0078%8h0.09161+0.230%$2K$14K10xas long as short
Coinbase International HBAR-PERP-INTX+0.0088%1h0.09169+0.317%$218K$2.3M50xas long as short
Lighter HBAR+0.0096%1h0.09159+0.208%$553K$612K5xas long as short
Gate HBAR_USDT+0.0097%8h0.09161+0.230%$2.4M$2.8M75xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid HBAR+0.0100%1h0.09168+0.305%$8.6M$3.6M5xas long as short
Aster HBARUSDT+0.0100%8h0.09160+0.217%$197K$335K50xas long as short
Binance HBARUSDT+0.0100%8h0.09151+0.119%$33.6M$111.1M75xas long as short
Bybit HBARUSDT+0.0100%8h0.09149+0.098%$31.7M$35.6M75xas long as short
OKX HBAR-USDT-SWAP+0.0100%8h0.09146+0.066%$6.5M$25.0M50xas long as short
MEXC HBAR_USDT+0.0100%8h0.09154+0.153%$24.6M$19.6M200xas long as short
KuCoin HBARUSDTMshort+0.0100%8h0.09161+0.230%$7.3M$7.4M75x
Bitget HBARUSDT+0.0100%8h0.09167+0.295%$16.9M$15.8M75xas long as short
BingX HBAR-USDT+0.0100%8h0.09165+0.274%$6.7Mas long as short
Variational Omni HBAR+0.0100%8h0.091400.000%$1.0M$188Kas long as short
GRVT HBAR_USDT_Perp+0.0100%8h0.09154+0.157%$370K$2.9M10xas long as short
SoDEX HBAR-USD+0.0100%1h0.09158+0.197%$425$5K5xas long as short
HTX HBAR-USDT+0.0100%8h0.09161+0.230%$69K$69K20xas long as short
Phemex HBARUSDT+0.0100%8h0.09160+0.219%$2.1M$2.2M50xas long as short
Extended HBAR-USD+0.0104%1h0.09162+0.237%$47K$230K10xas long as short
BloFin HBAR-USDT+0.0220%8h0.09149+0.098%$1.4M$5.6M90xas long as short
Kraken Futures PF_HBARUSD+0.0248%1h0.09163+0.248%$1.3M$2.9M50xas long as short
GMX HBAR/USD [WBTC.b-USDC]L +0.0353% / S −0.0254%1h0.09166+0.283%$81K100xas long as short