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

HBAR

all HBAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.005%
Price spread now: ApeX Omni against Bitget−0.054%63s7-day average +0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$460.462% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.005%−$1 on $10k
Price spread, last 4 days (all we have)+0.436%+$44 · spread now −0.054%, 7d avg +0.037%
Together, before fees+0.431%+$43 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.092% cheaper against Bitget than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.037%. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget HBARUSDT0.092030.0100pay 0.0100% / 8h5h 58m$17.0M$14.8M75x
ShortApeX Omni HBARUSDT0.091980.0100get 0.0013% / 1h58m 23s$147K$711K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bitget. 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
$0
Price spread: −0.054% → +0.037%
−$9.17
Slippage, 4 orders
−$24.18
Fee Bitget: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$55.35
Costs to cover
0.462%
Break-even
never at this rate
Slippage from Bitget: live order book, 5 min ago; ApeX Omni: live order book, 5 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 Bitget live order book, 5 min ago0.54 bp10.9 bp −$1122.6 bp −$22662.4 bp −$6,236doesn't fit
Sell ApeX Omni live order book, 5 min ago4.34 bp11.7 bp −$12101.8 bp −$1,018doesn'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−0.0051%8h0.092030.000%$7.1M$7.3M75xas long as short
dYdX HBAR-USD0.0000%1h0.09203−0.001%$30K$4K5xas long as short
Deribit HBAR_USDC-PERPETUAL0.0000%1h0.09202−0.011%$507K$151K50xas long as short
gTrade (Gains Network) HBAR/USDL +0.0007% / S −0.0014%1h0.09200−0.034%$8K150xas long as short
Lighter HBAR+0.0024%1h0.09202−0.011%$560K$591K5xas long as short
Coinbase International HBAR-PERP-INTX+0.0064%1h0.09206+0.033%$223K$2.1M50xas long as short
Variational Omni HBAR+0.0065%8h0.09198−0.056%$1.0M$187Kas long as short
Gate HBAR_USDT+0.0072%8h0.092030.000%$2.4M$2.8M75xas long as short
Orderly PERP_HBAR_USDC+0.0078%8h0.09195−0.087%$2K$17K10xas long as short
MEXC HBAR_USDT+0.0085%8h0.09202−0.011%$25.9M$19.5M200xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance HBARUSDT+0.0085%8h0.09199−0.046%$34.1M$103.9M75xas long as short
Extended HBAR-USD+0.0088%1h0.09201−0.018%$47K$273K10xas long as short
Injective HBAR/USDC PERP+0.0090%1h0.09282+0.858%$1K$106K12xas long as short
Hyperliquid HBAR+0.0100%1h0.09209+0.065%$8.8M$2.6M5xas long as short
Aster HBARUSDT+0.0100%8h0.09202−0.009%$210K$322K50xas long as short
Bybit HBARUSDT+0.0100%8h0.09198−0.054%$32.6M$34.0M75xas long as short
OKX HBAR-USDT-SWAP+0.0100%8h0.09199−0.043%$6.7M$24.2M50xas long as short
Bitget HBARUSDTlong+0.0100%8h0.09203long leg$17.0M$14.8M75x
BingX HBAR-USDC+0.0100%8h0.09200−0.033%$6.7Mas long as short
Backpack HBAR_USDC_PERP+0.0100%1h0.09202−0.011%$32K$120K15xas long as short
GRVT HBAR_USDT_Perp+0.0100%8h0.09210+0.076%$371K$2.3M10xas long as short
ApeX Omni HBARUSDTshort+0.0100%1h0.09198−0.054%$147K$711K50x
SoDEX HBAR-USD+0.0100%1h0.09197−0.065%$427$5K5xas long as short
HTX HBAR-USDT+0.0100%8h0.09208+0.054%$70K$66K20xas long as short
Phemex HBARUSDT+0.0100%8h0.09200−0.033%$2.1M$2.1M50xas long as short
Kraken Futures PF_HBARUSD+0.0206%1h0.09203+0.005%$1.4M$2.5M50xas long as short
GMX HBAR/USD [WBTC.b-USDC]L +0.0486% / S −0.0462%1h0.09200−0.037%$119K100xas long as short