Funding arb · Price arb /

HBAR

all HBAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.424%

Price spread now: Binance against dYdX−0.086%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on dYdX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Binance is 0.086% cheaper against dYdX than usual: you would sell low and buy high (spread −0.086% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 2.9 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX HBAR-USD	0.09422	0	get 0.0000% / 1h	23m 37s	$30K	$4K	5x
Short	Binance HBARUSDT	0.09414	0.0100	get 0.0100% / 8h	3h 23m	$35.0M	$109.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against dYdX. 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

Position, each leg$Hold fordaysFee dYdXbpFee BinancebpOrdersPrice spread, now −0.086%Rate

Funding earned: $21
Price spread: −0.086% → 0.000%: −$8.55
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$7.55
Costs to cover: 0.200%
Break-even: 9.5 days

Slippage unknown: dYdX: no order-book sample; Binance: live order book, 4 min ago. Net counts fees only.

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 Binance live order book, 4 min ago	0.53 bp	7.8 bp −$8	19.8 bp −$198	53.9 bp −$5,394	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 on 28 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX HBAR-USDlong	0.0000%	1h	0.09422	long leg	$30K	$4K	5x
Deribit HBAR_USDC-PERPETUAL	0.0000%	1h	0.09401	−0.223%	$518K	$190K	50x	as long as short
gTrade (Gains Network) HBAR/USD	L +0.0007% / S −0.0011%	1h	0.09399	−0.240%	$9K	—	150x	as long as short
Injective HBAR/USDC PERP	+0.0033%	1h	0.09282	−1.486%	$1K	$105K	12x	as long as short
Orderly PERP_HBAR_USDC	+0.0080%	8h	0.09395	−0.287%	$2K	$14K	10x	as long as short
Coinbase International HBAR-PERP-INTX	+0.0080%	1h	0.09401	−0.223%	$222K	$2.3M	50x	as long as short
Lighter HBAR	+0.0096%	1h	0.09418	−0.043%	$568K	$616K	5x	as long as short
Aster HBARUSDT	+0.0100%	8h	0.09420	−0.023%	$202K	$336K	50x	as long as short
Binance HBARUSDTshort	+0.0100%	8h	0.09414	−0.086%	$35.0M	$109.9M	75x
Bybit HBARUSDT	+0.0100%	8h	0.09417	−0.054%	$33.3M	$35.2M	75x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX HBAR-USDT-SWAP	+0.0100%	8h	0.09416	−0.064%	$6.7M	$25.8M	50x	as long as short
Gate HBAR_USDT	+0.0100%	8h	0.09416	−0.064%	$2.4M	$2.7M	75x	as long as short
MEXC HBAR_USDT	+0.0100%	8h	0.09416	−0.064%	$26.1M	$19.7M	200x	as long as short
KuCoin HBARUSDTM	+0.0100%	8h	0.09417	−0.054%	$7.6M	$7.4M	75x	as long as short
Bitget HBARUSDT	+0.0100%	8h	0.09417	−0.054%	$17.2M	$15.5M	75x	as long as short
BingX HBAR-USDT	+0.0100%	8h	0.09415	−0.075%	—	$6.5M	—	as long as short
Backpack HBAR_USDC_PERP	+0.0100%	1h	0.09395	−0.287%	$38K	$199K	15x	as long as short
Variational Omni HBAR	+0.0100%	8h	0.09440	+0.188%	$1.0M	$188K	—	as long as short
GRVT HBAR_USDT_Perp	+0.0100%	8h	0.09478	+0.599%	$386K	$2.7M	10x	as long as short
ApeX Omni HBARUSDT	+0.0100%	1h	0.09452	+0.318%	$154K	$712K	50x	as long as short
SoDEX HBAR-USD	+0.0100%	1h	0.09393	−0.308%	$436	$5K	5x	as long as short
HTX HBAR-USDT	+0.0100%	8h	0.09429	+0.074%	$71K	$68K	20x	as long as short
Phemex HBARUSDT	+0.0100%	8h	0.09396	−0.277%	$2.2M	$2.2M	50x	as long as short
Extended HBAR-USD	+0.0104%	1h	0.09414	−0.087%	$50K	$273K	10x	as long as short
BloFin HBAR-USDT	+0.0220%	8h	0.09436	+0.148%	$1.5M	$5.6M	90x	as long as short
Kraken Futures PF_HBARUSD	+0.0358%	1h	0.09399	−0.248%	$1.3M	$2.9M	50x	as long as short
GMX HBAR/USD [WBTC.b-USDC]	L +0.0593% / S −0.0614%	1h	0.09399	−0.243%	$151K	—	100x	as long as short
Hyperliquid HBAR	+0.0619%	1h	0.09431	+0.097%	$9.5M	$3.3M	5x	as long as short