After costs, if the gap returns to its 7d average, $10k−$33
spread now+0.077%7d average+0.006%fees + slippage, in and out−$41spread needed0.405%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International HBAR-PERP-INTX | 0.09138 | 0.0064 | pay 0.0008% / 1h | 12m 58s | $192K | $3.3M | 50x |
| Short | Backpack HBAR_USDC_PERP | 0.09145 | 0.0100 | get 0.0013% / 1h | 12m 58s | $28K | $146K | 15x |
Coinbase International HBAR-PERP-INTX
Backpack HBAR_USDC_PERPPrice 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
- $7.66
- Funding while held
- $1.08
- Slippage, 4 orders
- −$20.53
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$31.79
- Spread needed to break even
- 0.405%
Slippage from Coinbase International: live order book, 2 min ago; Backpack: live order book, 37 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0036%
- Per $10,000 a day
- +$1.08
- 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 Coinbase International live order book, 2 min ago | 3.83 bp | 11.8 bp −$12 | 17.9 bp −$179 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 37 min ago | 0.54 bp | 8.4 bp −$8 | 159.9 bp −$1,599 | doesn't fit | doesn't fit |
HBAR price on every exchange
against the cheapest. Click to use as the short leg.Injective0.08980cheapestVariational Omni0.09117+1.523%ApeX Omni0.09127+1.637%BloFin0.09133+1.704%KuCoin0.09137+1.748%
Injective
Variational Omni
ApeX Omni
BloFin
KuCoinCoinbase International0.09138+1.759%
Gate0.09139+1.771%OKX0.09140+1.782%MEXC0.09140+1.782%BingX0.09140+1.782%SoDEX0.09140+1.782%Extended0.09141+1.788%Lighter0.09141+1.793%Bybit0.09141+1.793%Binance0.09142+1.799%Orderly0.09142+1.804%Aster0.09142+1.809%Phemex0.09143+1.815%Bitget0.09144+1.826%dYdX0.09144+1.830%
Gate
OKX
MEXC
BingX
SoDEX
Extended
Lighter
Bybit
Binance
Orderly
Aster
Phemex
Bitget
dYdXBackpack0.09145+1.837%
GMX0.09146+1.844%gTrade (Gains Network)0.09146+1.845%Deribit0.09146+1.849%HTX0.09149+1.882%Kraken Futures0.09151+1.907%Hyperliquid0.09152+1.915%
GMX
gTrade (Gains Network)
Deribit
HTX
Kraken Futures
HyperliquidHBAR on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective HBAR/USDC PERP | −1.729% | −0.2844% | 1h | $6K | $128K | 12x | as long as short |
| Variational Omni HBAR | −0.233% | −0.0057% | 8h | $1.0M | $232K | — | as long as short |
| ApeX Omni HBARUSDT | −0.120% | +0.0002% | 1h | $168K | $718K | 50x | as long as short |
| BloFin HBAR-USDT | −0.055% | +0.0105% | 8h | $1.6M | $12.2M | 90x | as long as short |
| KuCoin HBARUSDTM | −0.011% | +0.0080% | 8h | $7.3M | $8.7M | 75x | as long as short |
| Coinbase International HBAR-PERP-INTXlong | 0.000% | +0.0064% | 1h | $192K | $3.3M | 50x | |
| Gate HBAR_USDT | +0.011% | +0.0070% | 8h | $2.4M | $3.9M | 75x | 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 | $31.7M | $27.2M | 200x | as long as short |
| BingX HBAR-USDT | +0.022% | −0.0021% | 8h | — | $6.4M | — | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX HBAR-USD | +0.022% | +0.0100% | 1h | $424 | $6K | 5x | as long as short |
| Extended HBAR-USD | +0.028% | −0.0016% | 1h | $51K | $207K | 10x | as long as short |
| Lighter HBAR | +0.033% | +0.0096% | 1h | $562K | $640K | 5x | as long as short |
| Bybit HBARUSDT | +0.033% | +0.0100% | 8h | $33.0M | $43.2M | 75x | as long as short |
| Binance HBARUSDT | +0.039% | −0.0015% | 8h | $35.9M | $121.3M | 75x | as long as short |
| Orderly PERP_HBAR_USDC | +0.044% | +0.0046% | 8h | $5K | $20K | 10x | as long as short |
| Aster HBARUSDT | +0.049% | +0.0100% | 8h | $243K | $659K | 50x | as long as short |
| Phemex HBARUSDT | +0.055% | +0.0100% | 8h | $2.2M | $2.2M | 50x | as long as short |
| Bitget HBARUSDT | +0.066% | +0.0100% | 8h | $17.2M | $14.6M | 75x | as long as short |
| dYdX HBAR-USD | +0.069% | 0.0000% | 1h | $30K | $10K | 5x | as long as short |
| Backpack HBAR_USDC_PERPshort | +0.077% | +0.0100% | 1h | $28K | $146K | 15x | |
| GMX HBAR/USD [WBTC.b-USDC] | +0.083% | L +0.0435% / S −0.0459% | 1h | $100K | — | 100x | as long as short |
| gTrade (Gains Network) HBAR/USD | +0.084% | L +0.0007% / S −0.0008% | 1h | $23K | — | 150x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.088% | 0.0000% | 1h | $504K | $166K | 50x | as long as short |
| HTX HBAR-USDT | +0.120% | +0.0100% | 8h | $73K | $55K | 20x | as long as short |
| Kraken Futures PF_HBARUSD | +0.145% | +0.0515% | 1h | $1.4M | $2.8M | 50x | as long as short |
| Hyperliquid HBAR | +0.153% | +0.0100% | 1h | $8.9M | $3.4M | 5x | as long as short |