Spread before costs (cost unknown: a leg has no order-book sample)−0.087%
7d average—if it closes, per $10,000$9funding while held, a day−$3.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack HBAR_USDC_PERP | 0.09231 | 0.0100 | pay 0.0013% / 1h | 6m 08s | $29K | $144K | 15x |
| Short | dYdX HBAR-USD | 0.09223 | 0 | get 0.0000% / 1h | 6m 08s | $30K | $10K | 5x |
Backpack HBAR_USDC_PERP
dYdX HBAR-USDPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$8.67
- Funding while held
- −$3
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$31.67
- Spread needed to break even
- 0.200%
Slippage unknown: Backpack: live order book, 43 min ago; dYdX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0100%
- Per $10,000 a day
- −$3.00
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Backpack live order book, 43 min ago | 0.54 bp | 7.3 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
HBAR price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni0.09159cheapestApeX Omni0.09166+0.075%Injective0.09174+0.163%BloFin0.09205+0.501%Extended0.09216+0.627%Aster0.09217+0.629%Phemex0.09218+0.643%Orderly0.09219+0.654%gTrade (Gains Network)0.09220+0.662%GMX0.09220+0.667%Coinbase International0.09221+0.676%Bitget0.09222+0.687%
Variational Omni
ApeX Omni
Injective
BloFin
Extended
Aster
Phemex
Orderly
gTrade (Gains Network)
GMX
Coinbase International
BitgetdYdX0.09223+0.698%
SoDEX0.09223+0.698%OKX0.09226+0.731%KuCoin0.09226+0.731%Bybit0.09227+0.741%MEXC0.09227+0.741%Lighter0.09228+0.752%Binance0.09228+0.752%Deribit0.09228+0.752%HTX0.09228+0.752%Gate0.09230+0.774%BingX0.09230+0.774%
SoDEX
OKX
KuCoin
Bybit
MEXC
Lighter
Binance
Deribit
HTX
Gate
BingXBackpack0.09231+0.785%
Kraken Futures0.09235+0.830%Hyperliquid0.09240+0.882%
Kraken Futures
HyperliquidHBAR on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni HBAR | −0.779% | −0.0050% | 8h | $1.0M | $225K | — | as long as short |
| ApeX Omni HBARUSDT | −0.704% | +0.0043% | 1h | $168K | $718K | 50x | as long as short |
| Injective HBAR/USDC PERP | −0.617% | −0.2844% | 1h | $6K | $128K | 12x | as long as short |
| BloFin HBAR-USDT | −0.282% | +0.0111% | 8h | $1.6M | $11.6M | 90x | as long as short |
| Extended HBAR-USD | −0.157% | −0.0008% | 1h | $52K | $207K | 10x | as long as short |
| Aster HBARUSDT | −0.155% | +0.0100% | 8h | $245K | $659K | 50x | as long as short |
| Phemex HBARUSDT | −0.141% | +0.0100% | 8h | $2.2M | $2.2M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | −0.130% | +0.0047% | 8h | $5K | $20K | 10x | as long as short |
| gTrade (Gains Network) HBAR/USD | −0.122% | L +0.0007% / S −0.0013% | 1h | $8K | — | 150x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | −0.117% | L +0.0437% / S −0.0459% | 1h | $100K | — | 100x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International HBAR-PERP-INTX | −0.108% | +0.0064% | 1h | $202K | $3.3M | 50x | as long as short |
| Bitget HBARUSDT | −0.097% | +0.0100% | 8h | $17.3M | $14.6M | 75x | as long as short |
| dYdX HBAR-USDshort | −0.087% | 0.0000% | 1h | $30K | $10K | 5x | |
| SoDEX HBAR-USD | −0.087% | +0.0100% | 1h | $428 | $6K | 5x | as long as short |
| OKX HBAR-USDT-SWAP | −0.054% | +0.0100% | 8h | $7.1M | $30.2M | 50x | as long as short |
| KuCoin HBARUSDTM | −0.054% | +0.0087% | 8h | $7.4M | $8.6M | 75x | as long as short |
| Bybit HBARUSDT | −0.043% | +0.0100% | 8h | $33.3M | $43.0M | 75x | as long as short |
| MEXC HBAR_USDT | −0.043% | −0.0008% | 8h | $32.0M | $27.3M | 200x | as long as short |
| Lighter HBAR | −0.032% | +0.0096% | 1h | $567K | $640K | 5x | as long as short |
| Binance HBARUSDT | −0.032% | −0.0008% | 8h | $36.4M | $121.0M | 75x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | −0.032% | +0.0184% | 1h | $508K | $166K | 50x | as long as short |
| HTX HBAR-USDT | −0.032% | +0.0100% | 8h | $73K | $55K | 20x | as long as short |
| Gate HBAR_USDT | −0.011% | +0.0074% | 8h | $2.4M | $4.0M | 75x | as long as short |
| BingX HBAR-USDT | −0.011% | −0.0014% | 8h | — | $6.4M | — | as long as short |
| Backpack HBAR_USDC_PERPlong | 0.000% | +0.0100% | 1h | $29K | $144K | 15x | |
| Kraken Futures PF_HBARUSD | +0.045% | +0.0511% | 1h | $1.4M | $2.7M | 50x | as long as short |
| Hyperliquid HBAR | +0.096% | +0.0100% | 1h | $9.0M | $3.4M | 5x | as long as short |