Spread before costs (cost unknown: a leg has no order-book sample)−0.124%
7d average−0.055%if it closes, per $10,000$12funding while held, a day−$4.70
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack HBAR_USDC_PERP | 0.09128 | 0.0100 | pay 0.0013% / 1h | 15m 26s | $28K | $146K | 15x |
| Short | Variational Omni HBAR | 0.09117 | −0.0057 | pay 0.0057% / 8h | 15m 26s | $1.0M | $232K | — |
Backpack HBAR_USDC_PERP
Variational Omni 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
- −$12.35
- Funding while held
- −$4.7
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$27.05
- Spread needed to break even
- 0.100%
Slippage unknown: Backpack: live order book, 34 min ago; Variational Omni: RFQ quote, just now. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0157%
- Per $10,000 a day
- −$4.70
- 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, 34 min ago | 0.54 bp | 7.3 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, just now | 3.84 bp | doesn't fit | 17.0 bp −$170 | doesn't fit | doesn't fit |
HBAR price on every exchange
against the cheapest. Click to use as the short leg.Injective0.08980cheapest
InjectiveVariational Omni0.09117+1.523%
Lighter0.09118+1.537%BloFin0.09118+1.537%ApeX Omni0.09119+1.548%KuCoin0.09122+1.581%Gate0.09124+1.604%Binance0.09125+1.615%Bybit0.09125+1.615%BingX0.09125+1.615%Extended0.09125+1.616%OKX0.09126+1.626%MEXC0.09126+1.626%Bitget0.09126+1.626%Orderly0.09126+1.626%dYdX0.09127+1.633%Phemex0.09127+1.637%Aster0.09127+1.639%
Lighter
BloFin
ApeX Omni
KuCoin
Gate
Binance
Bybit
BingX
Extended
OKX
MEXC
Bitget
Orderly
dYdX
Phemex
AsterBackpack0.09128+1.648%
SoDEX0.09128+1.648%GMX0.09130+1.665%gTrade (Gains Network)0.09131+1.677%Coinbase International0.09134+1.715%Hyperliquid0.09137+1.753%Kraken Futures0.09140+1.777%Deribit0.09146+1.849%HTX0.09146+1.849%
SoDEX
GMX
gTrade (Gains Network)
Coinbase International
Hyperliquid
Kraken Futures
Deribit
HTXHBAR on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective HBAR/USDC PERP | −1.621% | −0.2844% | 1h | $6K | $128K | 12x | as long as short |
| Variational Omni HBARshort | −0.124% | −0.0057% | 8h | $1.0M | $232K | — | |
| Lighter HBAR | −0.110% | +0.0096% | 1h | $560K | $640K | 5x | as long as short |
| BloFin HBAR-USDT | −0.110% | +0.0101% | 8h | $1.6M | $12.2M | 90x | as long as short |
| ApeX Omni HBARUSDT | −0.099% | −0.0043% | 1h | $167K | $723K | 50x | as long as short |
| KuCoin HBARUSDTM | −0.066% | +0.0079% | 8h | $7.3M | $8.7M | 75x | as long as short |
| Gate HBAR_USDT | −0.044% | +0.0068% | 8h | $2.4M | $3.9M | 75x | as long as short |
| Binance HBARUSDT | −0.033% | −0.0016% | 8h | $35.8M | $121.7M | 75x | as long as short |
| Bybit HBARUSDT | −0.033% | +0.0100% | 8h | $33.0M | $43.3M | 75x | as long as short |
| BingX HBAR-USDT | −0.033% | −0.0023% | 8h | — | $6.5M | — | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended HBAR-USD | −0.031% | −0.0016% | 1h | $51K | $218K | 10x | as long as short |
| OKX HBAR-USDT-SWAP | −0.022% | +0.0100% | 8h | $7.0M | $30.1M | 50x | as long as short |
| MEXC HBAR_USDT | −0.022% | −0.0016% | 8h | $31.6M | $27.1M | 200x | as long as short |
| Bitget HBARUSDT | −0.022% | +0.0100% | 8h | $17.1M | $14.7M | 75x | as long as short |
| Orderly PERP_HBAR_USDC | −0.022% | +0.0046% | 8h | $5K | $20K | 10x | as long as short |
| dYdX HBAR-USD | −0.014% | 0.0000% | 1h | $29K | $10K | 5x | as long as short |
| Phemex HBARUSDT | −0.011% | +0.0100% | 8h | $2.2M | $2.2M | 50x | as long as short |
| Aster HBARUSDT | −0.009% | +0.0100% | 8h | $243K | $659K | 50x | as long as short |
| Backpack HBAR_USDC_PERPlong | 0.000% | +0.0100% | 1h | $28K | $146K | 15x | |
| SoDEX HBAR-USD | 0.000% | +0.0100% | 1h | $424 | $6K | 5x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | +0.016% | L +0.0435% / S −0.0459% | 1h | $99K | — | 100x | as long as short |
| gTrade (Gains Network) HBAR/USD | +0.029% | L +0.0007% / S −0.0008% | 1h | $23K | — | 150x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.066% | +0.0064% | 1h | $192K | $3.3M | 50x | as long as short |
| Hyperliquid HBAR | +0.103% | +0.0100% | 1h | $8.9M | $3.4M | 5x | as long as short |
| Kraken Futures PF_HBARUSD | +0.127% | +0.0516% | 1h | $1.4M | $2.9M | 50x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.197% | +0.0188% | 1h | $504K | $166K | 50x | as long as short |
| HTX HBAR-USDT | +0.197% | +0.0100% | 8h | $73K | $55K | 20x | as long as short |