Spread before costs (cost unknown: a leg has no order-book sample)+0.075%
7d average—if it closes, per $10,000$7funding while held, a day+$3.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX HBAR-USD | 0.09127 | 0 | get 0.0000% / 1h | 40m 15s | $29K | $4K | 5x |
| Short | Backpack HBAR_USDC_PERP | 0.09134 | 0.0100 | get 0.0013% / 1h | 40m 15s | $28K | $144K | 15x |
dYdX HBAR-USD
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
- $7.47
- Funding while held
- $3
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$9.53
- Spread needed to break even
- 0.200%
Slippage unknown: dYdX: no order-book sample; Backpack: live order book, 59 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0100%
- Per $10,000 a day
- +$3.00
- 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Backpack live order book, 59 min ago | 1.65 bp | 7.0 bp −$7 | 220.2 bp −$2,202 | doesn't fit | doesn't fit |
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
HBAR price on every exchange
against the cheapest. Click to use as the short leg.BloFin0.09123cheapestAster0.09125+0.023%KuCoin0.09126+0.033%Gate0.09127+0.044%MEXC0.09127+0.044%
BloFin
Aster
KuCoin
Gate
MEXCdYdX0.09127+0.046%
Binance0.09128+0.055%Lighter0.09128+0.055%OKX0.09128+0.055%BingX0.09128+0.055%Extended0.09128+0.055%Bybit0.09129+0.066%SoDEX0.09129+0.066%Orderly0.09130+0.077%Bitget0.09132+0.099%Phemex0.09132+0.099%
Binance
Lighter
OKX
BingX
Extended
Bybit
SoDEX
Orderly
Bitget
PhemexBackpack0.09134+0.121%
Coinbase International0.09134+0.121%HTX0.09134+0.121%GMX0.09134+0.124%Variational Omni0.09137+0.152%gTrade (Gains Network)0.09137+0.153%Deribit0.09139+0.175%Hyperliquid0.09140+0.186%Kraken Futures0.09141+0.200%Injective0.09142+0.208%ApeX Omni0.09147+0.263%
Coinbase International
HTX
GMX
Variational Omni
gTrade (Gains Network)
Deribit
Hyperliquid
Kraken Futures
Injective
ApeX OmniHBAR on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin HBAR-USDT | −0.046% | +0.0115% | 8h | $1.5M | $7.4M | 90x | as long as short |
| Aster HBARUSDT | −0.023% | +0.0100% | 8h | $214K | $466K | 50x | as long as short |
| KuCoin HBARUSDTM | −0.013% | +0.0068% | 8h | $7.5M | $8.4M | 75x | as long as short |
| Gate HBAR_USDT | −0.002% | −0.0083% | 8h | $2.4M | $3.7M | 75x | as long as short |
| MEXC HBAR_USDT | −0.002% | −0.0004% | 8h | $33.8M | $23.8M | 200x | as long as short |
| dYdX HBAR-USDlong | 0.000% | 0.0000% | 1h | $29K | $4K | 5x | |
| Binance HBARUSDT | +0.009% | −0.0004% | 8h | $34.9M | $112.0M | 75x | as long as short |
| Lighter HBAR | +0.009% | +0.0096% | 1h | $558K | $590K | 5x | as long as short |
| OKX HBAR-USDT-SWAP | +0.009% | +0.0100% | 8h | $6.8M | $24.5M | 50x | as long as short |
| BingX HBAR-USDC | +0.009% | −0.0008% | 8h | — | $6.7M | — | as long as short |