HBAR

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0093%/8h= +10.2% APRnext payment +$0.12 per $10,000 · paid last 24h +0.025%

Price spread now: Backpack against gTrade (Gains Network)−0.180%7-day average — · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on Backpack

What this pair did over the last

the charts below follow

Funding, last 3 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. Backpack is 0.180% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.180% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$18 on $10k: about 6.4 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	gTrade (Gains Network) HBAR/USD	0.09244	L +0.0007% / S −0.0014%	pay 0.0001% / 1h	42m 54s	$8K	—	150x
Short	Backpack HBAR_USDC_PERP	0.09227	0.0100	get 0.0013% / 1h	42m 54s	$34K	$120K	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee BackpackbpOrdersPrice spread, now −0.180%Rate

Funding earned: $19.59
Price spread: −0.180% → 0.000%: −$18.04
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$18.45
Costs to cover: 0.200%
Break-even: 13.6 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Backpack: live order book, 25 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Backpack live order book, 25 min ago	1.07 bp	9.1 bp −$9	639.3 bp −$6,393	doesn't fit	doesn't fit

gTrade (Gains Network): 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
ApeX Omni HBARUSDT	−0.0091%	1h	0.09264	+0.220%	$148K	$724K	50x	as long as short
KuCoin HBARUSDTM	−0.0079%	8h	0.09198	−0.494%	$7.2M	$7.4M	75x	as long as short
Lighter HBAR	0.0000%	1h	0.09234	−0.105%	$561K	$595K	5x	as long as short
dYdX HBAR-USD	0.0000%	1h	0.09252	+0.090%	$30K	$4K	5x	as long as short
gTrade (Gains Network) HBAR/USDlong	L +0.0007% / S −0.0014%	1h	0.09244	long leg	$8K	—	150x
Injective HBAR/USDC PERP	+0.0033%	1h	0.09282	+0.415%	$1K	$106K	12x	as long as short
Coinbase International HBAR-PERP-INTX	+0.0064%	1h	0.09258	+0.155%	$226K	$2.1M	50x	as long as short
Gate HBAR_USDT	+0.0068%	8h	0.09193	−0.548%	$2.4M	$3.0M	75x	as long as short
GRVT HBAR_USDT_Perp	+0.0068%	8h	0.09231	−0.135%	$376K	$2.2M	10x	as long as short
Kraken Futures PF_HBARUSD	+0.0069%	1h	0.09241	−0.026%	$1.4M	$2.4M	50x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC HBAR_USDT	+0.0070%	8h	0.09197	−0.505%	$26.3M	$21.7M	200x	as long as short
Binance HBARUSDT	+0.0071%	8h	0.09202	−0.451%	$34.3M	$104.7M	75x	as long as short
Extended HBAR-USD	+0.0072%	1h	0.09194	−0.543%	$47K	$278K	10x	as long as short
Orderly PERP_HBAR_USDC	+0.0074%	8h	0.09234	−0.105%	$2K	$17K	10x	as long as short
Deribit HBAR_USDC-PERPETUAL	+0.0075%	1h	0.09243	−0.007%	$509K	$154K	50x	as long as short
Variational Omni HBAR	+0.0075%	8h	0.09246	+0.026%	$1.0M	$186K	—	as long as short
Hyperliquid HBAR	+0.0100%	1h	0.09233	−0.111%	$8.8M	$2.7M	5x	as long as short
Aster HBARUSDT	+0.0100%	8h	0.09229	−0.159%	$211K	$346K	50x	as long as short
Bybit HBARUSDT	+0.0100%	8h	0.09203	−0.440%	$32.7M	$35.0M	75x	as long as short
OKX HBAR-USDT-SWAP	+0.0100%	8h	0.09206	−0.408%	$6.7M	$24.6M	50x	as long as short
Bitget HBARUSDT	+0.0100%	8h	0.09194	−0.537%	$17.1M	$14.8M	75x	as long as short
BingX HBAR-USDT	+0.0100%	8h	0.09201	−0.462%	—	$6.2M	—	as long as short
Backpack HBAR_USDC_PERPshort	+0.0100%	1h	0.09227	−0.180%	$34K	$120K	15x
SoDEX HBAR-USD	+0.0100%	1h	0.09235	−0.094%	$429	$5K	5x	as long as short
HTX HBAR-USDT	+0.0100%	8h	0.09256	+0.133%	$71K	$66K	20x	as long as short
Phemex HBARUSDT	+0.0100%	8h	0.09235	−0.094%	$2.2M	$2.1M	50x	as long as short
BloFin HBAR-USDT	+0.0191%	8h	0.09272	+0.306%	$1.5M	$5.5M	90x	as long as short
GMX HBAR/USD [WBTC.b-USDC]	L +0.0487% / S −0.0549%	1h	0.09244	+0.007%	$115K	—	100x	as long as short