After costs, if the gap returns to its 7d average, $10k−$27
spread now−0.044%7d average−0.072%fees + slippage, in and out−$30spread needed0.301%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack HBAR_USDC_PERP | 0.09172 | 0.0100 | pay 0.0013% / 1h | 9m 05s | $28K | $144K | 15x |
| Short | Lighter HBAR | 0.09168 | 0.0096 | get 0.0012% / 1h | 9m 05s | $563K | $640K | 5x |
Backpack HBAR_USDC_PERP
Lighter HBARPrice 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
- −$4.36
- Funding while held
- −$0.12
- Slippage, 4 orders
- −$20.11
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$34.59
- Spread needed to break even
- 0.301%
Slippage from Backpack: live order book, 41 min ago; Lighter: live order book, 37 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0004%
- Per $10,000 a day
- −$0.12
- 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, 41 min ago | 0.54 bp | 7.3 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 37 min ago | 2.74 bp | 7.3 bp −$7 | 50.1 bp −$501 | doesn't fit | doesn't fit |
HBAR price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International0.09159cheapestVariational Omni0.09159+0.001%dYdX0.09161+0.016%OKX0.09166+0.076%MEXC0.09166+0.076%ApeX Omni0.09166+0.076%BingX0.09167+0.087%Extended0.09168+0.093%
Coinbase International
Variational Omni
dYdX
OKX
MEXC
ApeX Omni
BingX
ExtendedLighter0.09168+0.098%
Orderly0.09168+0.098%Phemex0.09168+0.098%Bybit0.09169+0.109%KuCoin0.09169+0.109%Bitget0.09169+0.109%BloFin0.09169+0.109%Gate0.09170+0.120%SoDEX0.09170+0.120%Aster0.09171+0.127%Binance0.09171+0.131%
Orderly
Phemex
Bybit
KuCoin
Bitget
BloFin
Gate
SoDEX
Aster
BinanceBackpack0.09172+0.142%
gTrade (Gains Network)0.09173+0.149%GMX0.09173+0.153%Injective0.09174+0.164%HTX0.09175+0.175%Deribit0.09176+0.186%Kraken Futures0.09181+0.238%Hyperliquid0.09181+0.240%
gTrade (Gains Network)
GMX
Injective
HTX
Deribit
Kraken Futures
HyperliquidHBAR on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International HBAR-PERP-INTX | −0.142% | +0.0064% | 1h | $193K | $3.3M | 50x | as long as short |
| Variational Omni HBAR | −0.141% | −0.0050% | 8h | $1.0M | $225K | — | as long as short |
| dYdX HBAR-USD | −0.125% | 0.0000% | 1h | $30K | $10K | 5x | as long as short |
| OKX HBAR-USDT-SWAP | −0.065% | +0.0100% | 8h | $7.1M | $30.1M | 50x | as long as short |
| MEXC HBAR_USDT | −0.065% | −0.0011% | 8h | $31.9M | $27.2M | 200x | as long as short |
| ApeX Omni HBARUSDT | −0.065% | +0.0043% | 1h | $168K | $718K | 50x | as long as short |
| BingX HBAR-USDC | −0.055% | −0.0021% | 8h | — | $6.6M | — | as long as short |
| Extended HBAR-USD | −0.049% | −0.0008% | 1h | $52K | $207K | 10x | as long as short |
| Lighter HBARshort | −0.044% | +0.0096% | 1h | $563K | $640K | 5x | |
| Orderly PERP_HBAR_USDC | −0.044% | +0.0046% | 8h | $5K | $20K | 10x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phemex HBARUSDT | −0.044% | +0.0100% | 8h | $2.2M | $2.2M | 50x | as long as short |
| Bybit HBARUSDT | −0.033% | +0.0100% | 8h | $33.1M | $43.0M | 75x | as long as short |
| KuCoin HBARUSDTM | −0.033% | +0.0084% | 8h | $7.4M | $8.6M | 75x | as long as short |
| Bitget HBARUSDT | −0.033% | +0.0100% | 8h | $17.2M | $14.6M | 75x | as long as short |
| BloFin HBAR-USDT | −0.033% | +0.0110% | 8h | $1.6M | $11.5M | 90x | as long as short |
| Gate HBAR_USDT | −0.022% | +0.0070% | 8h | $2.4M | $4.0M | 75x | as long as short |
| SoDEX HBAR-USD | −0.022% | +0.0100% | 1h | $426 | $6K | 5x | as long as short |
| Aster HBARUSDT | −0.015% | +0.0100% | 8h | $244K | $659K | 50x | as long as short |
| Binance HBARUSDT | −0.011% | −0.0010% | 8h | $36.0M | $121.0M | 75x | as long as short |
| Backpack HBAR_USDC_PERPlong | 0.000% | +0.0100% | 1h | $28K | $144K | 15x | |
| gTrade (Gains Network) HBAR/USD | +0.007% | L +0.0007% / S −0.0008% | 1h | $23K | — | 150x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | +0.011% | L +0.0436% / S −0.0459% | 1h | $100K | — | 100x | as long as short |
| Injective HBAR/USDC PERP | +0.022% | −0.2844% | 1h | $6K | $128K | 12x | as long as short |
| HTX HBAR-USDT | +0.033% | +0.0100% | 8h | $73K | $55K | 20x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.044% | +0.0077% | 1h | $505K | $166K | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.096% | +0.0514% | 1h | $1.4M | $2.8M | 50x | as long as short |
| Hyperliquid HBAR | +0.098% | +0.0100% | 1h | $8.9M | $3.4M | 5x | as long as short |