After costs, if the gap returns to its 7d average, $10k−$39
spread now+0.040%7d average+0.007%fees + slippage, in and out−$42spread needed0.422%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit HBAR_USDC-PERPETUAL | 0.09084 | 0.0191 | pay 0.0024% / 1h | 19m 47s | $500K | $152K | 50x |
| Short | Kraken Futures PF_HBARUSD | 0.09088 | 0.0213 | get 0.0027% / 1h | 19m 47s | $1.4M | $2.5M | 50x |
Deribit HBAR_USDC-PERPETUAL
Kraken Futures PF_HBARUSDPrice 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
- $4.01
- Funding while held
- $0.67
- Slippage, 4 orders
- −$25.16
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$37.48
- Spread needed to break even
- 0.422%
Slippage from Deribit: live order book, 15 min ago; Kraken Futures: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0022%
- Per $10,000 a day
- +$0.67
- 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 Deribit live order book, 15 min ago | 6.03 bp | 9.5 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 5 min ago | 4.96 bp | 12.3 bp −$12 | 28.0 bp −$280 | doesn't fit | doesn't fit |
HBAR price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni0.09047cheapestInjective0.09052+0.057%BloFin0.09060+0.146%ApeX Omni0.09061+0.157%KuCoin0.09069+0.245%Gate0.09071+0.267%BingX0.09071+0.267%OKX0.09072+0.278%Aster0.09072+0.281%Bybit0.09074+0.300%Extended0.09074+0.304%MEXC0.09075+0.312%SoDEX0.09075+0.312%Lighter0.09076+0.323%Binance0.09076+0.323%dYdX0.09076+0.326%Bitget0.09077+0.334%HTX0.09078+0.345%Orderly0.09079+0.356%Phemex0.09079+0.356%Backpack0.09080+0.367%Hyperliquid0.09081+0.380%gTrade (Gains Network)0.09084+0.409%
Variational Omni
Injective
BloFin
ApeX Omni
KuCoin
Gate
BingX
OKX
Aster
Bybit
Extended
MEXC
SoDEX
Lighter
Binance
dYdX
Bitget
HTX
Orderly
Phemex
Backpack
Hyperliquid
gTrade (Gains Network)Deribit0.09084+0.411%
Coinbase International0.09084+0.411%GMX0.09085+0.418%
Coinbase International
GMXKraken Futures0.09088+0.451%
HBAR on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni HBAR | −0.409% | +0.0016% | 8h | $1.0M | $201K | — | as long as short |
| Injective HBAR/USDC PERP | −0.352% | −0.0374% | 1h | $5K | $65K | 12x | as long as short |
| BloFin HBAR-USDT | −0.264% | +0.0082% | 8h | $1.5M | $6.6M | 90x | as long as short |
| ApeX Omni HBARUSDT | −0.253% | +0.0100% | 1h | $146K | $704K | 50x | as long as short |
| KuCoin HBARUSDTM | −0.165% | +0.0063% | 8h | $7.4M | $8.4M | 75x | as long as short |
| Gate HBAR_USDT | −0.143% | −0.0112% | 8h | $2.4M | $3.7M | 75x | as long as short |
| BingX HBAR-USDC | −0.143% | −0.0001% | 8h | — | $6.7M | — | as long as short |
| OKX HBAR-USDT-SWAP | −0.132% | +0.0100% | 8h | $6.8M | $24.5M | 50x | as long as short |
| Aster HBARUSDT | −0.129% | +0.0100% | 8h | $212K | $442K | 50x | as long as short |
| Bybit HBARUSDT | −0.110% | +0.0100% | 8h | $32.6M | $38.0M | 75x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended HBAR-USD | −0.107% | 0.0000% | 1h | $46K | $208K | 10x | as long as short |
| MEXC HBAR_USDT | −0.099% | +0.0001% | 8h | $23.0M | $24.2M | 200x | as long as short |
| SoDEX HBAR-USD | −0.099% | +0.0100% | 1h | $421 | $6K | 5x | as long as short |
| Lighter HBAR | −0.088% | +0.0096% | 1h | $556K | $592K | 5x | as long as short |
| Binance HBARUSDT | −0.088% | +0.0003% | 8h | $34.6M | $111.8M | 75x | as long as short |
| dYdX HBAR-USD | −0.085% | 0.0000% | 1h | $29K | $4K | 5x | as long as short |
| Bitget HBARUSDT | −0.077% | +0.0100% | 8h | $16.8M | $14.4M | 75x | as long as short |
| HTX HBAR-USDT | −0.066% | +0.0100% | 8h | $71K | $53K | 20x | as long as short |
| Orderly PERP_HBAR_USDC | −0.055% | +0.0060% | 8h | $3K | $18K | 10x | as long as short |
| Phemex HBARUSDT | −0.055% | +0.0100% | 8h | $2.2M | $2.2M | 50x | as long as short |
| Backpack HBAR_USDC_PERP | −0.044% | +0.0100% | 1h | $29K | $146K | 15x | as long as short |
| Hyperliquid HBAR | −0.031% | +0.0100% | 1h | $8.7M | $3.0M | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | −0.002% | L +0.0007% / S −0.0014% | 1h | $8K | — | 150x | as long as short |
| Deribit HBAR_USDC-PERPETUALlong | 0.000% | +0.0191% | 1h | $500K | $152K | 50x | |
| Coinbase International HBAR-PERP-INTX | 0.000% | +0.0104% | 1h | $210K | $2.3M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | +0.007% | L +0.0441% / S −0.0472% | 1h | $101K | — | 100x | as long as short |
| Kraken Futures PF_HBARUSDshort | +0.040% | +0.0213% | 1h | $1.4M | $2.5M | 50x |