Funding arb · Price arb /

HBAR

all HBAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0093%/8h= +10.2% APRpaid last 24h +0.020%

Price spread now: OKX against gTrade (Gains Network)−0.035%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 OKX

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. OKX is 0.035% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.035% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 30 hours 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	0.09264	L +0.0007% / S −0.0011%	pay 0.0001% / 1h	42m 01s	$9K	—	150x
Short	OKX HBAR-USDT-SWAP	0.09261	0.0100	get 0.0100% / 8h	1h 42m	$6.5M	$25.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.035%Rate

Funding earned: $19.59
Price spread: −0.035% → 0.000%: −$3.5
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$3.91
Costs to cover: 0.200%
Break-even: 8.4 days

Slippage unknown: gTrade (Gains Network): no order-book sample; OKX: live order book, 2 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 OKX live order book, 2 min ago	0.54 bp	9.1 bp −$9	19.3 bp −$193	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
Backpack HBAR_USDC_PERP	−0.0673%	1h	0.09260	−0.046%	$33K	$202K	15x	as long as short
Kraken Futures PF_HBARUSD	−0.0267%	1h	0.09264	−0.005%	$1.3M	$3.0M	50x	as long as short
dYdX HBAR-USD	0.0000%	1h	0.09267	+0.028%	$30K	$4K	5x	as long as short
gTrade (Gains Network) HBAR/USDlong	L +0.0007% / S −0.0011%	1h	0.09264	long leg	$9K	—	150x
Injective HBAR/USDC PERP	+0.0033%	1h	0.09282	+0.192%	$1K	$103K	12x	as long as short
Deribit HBAR_USDC-PERPETUAL	+0.0074%	1h	0.09268	+0.041%	$510K	$178K	50x	as long as short
Orderly PERP_HBAR_USDC	+0.0077%	8h	0.09259	−0.057%	$4K	$16K	10x	as long as short
Coinbase International HBAR-PERP-INTX	+0.0080%	1h	0.09261	−0.035%	$211K	$2.3M	50x	as long as short
Lighter HBAR	+0.0096%	1h	0.09259	−0.057%	$558K	$600K	5x	as long as short
Hyperliquid HBAR	+0.0100%	1h	0.09265	+0.007%	$8.6M	$3.7M	5x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster HBARUSDT	+0.0100%	8h	0.09265	+0.007%	$199K	$333K	50x	as long as short
Binance HBARUSDT	+0.0100%	8h	0.09257	−0.075%	$34.1M	$112.1M	75x	as long as short
Bybit HBARUSDT	+0.0100%	8h	0.09259	−0.057%	$31.7M	$36.0M	75x	as long as short
OKX HBAR-USDT-SWAPshort	+0.0100%	8h	0.09261	−0.035%	$6.5M	$25.4M	50x
Gate HBAR_USDT	+0.0100%	8h	0.09258	−0.067%	$2.4M	$2.7M	75x	as long as short
MEXC HBAR_USDT	+0.0100%	8h	0.09256	−0.089%	$24.9M	$19.7M	200x	as long as short
KuCoin HBARUSDTM	+0.0100%	8h	0.09261	−0.035%	$7.4M	$7.5M	75x	as long as short
Bitget HBARUSDT	+0.0100%	8h	0.09260	−0.046%	$17.2M	$16.0M	75x	as long as short
BingX HBAR-USDC	+0.0100%	8h	0.09259	−0.057%	—	$6.7M	—	as long as short
Variational Omni HBAR	+0.0100%	8h	0.09256	−0.090%	$1.0M	$187K	—	as long as short
GRVT HBAR_USDT_Perp	+0.0100%	8h	0.09264	−0.007%	$373K	$3.0M	10x	as long as short
ApeX Omni HBARUSDT	+0.0100%	1h	0.09267	+0.030%	$150K	$704K	50x	as long as short
SoDEX HBAR-USD	+0.0100%	1h	0.09257	−0.078%	$430	$5K	5x	as long as short
HTX HBAR-USDT	+0.0100%	8h	0.09268	+0.041%	$70K	$70K	20x	as long as short
Phemex HBARUSDT	+0.0100%	8h	0.09261	−0.035%	$2.1M	$2.2M	50x	as long as short
Extended HBAR-USD	+0.0104%	1h	0.09255	−0.099%	$60K	$235K	10x	as long as short
BloFin HBAR-USDT	+0.0220%	8h	0.09264	−0.003%	$1.5M	$5.7M	90x	as long as short
GMX HBAR/USD [WBTC.b-USDC]	L +0.0359% / S −0.0261%	1h	0.09262	−0.030%	$83K	—	100x	as long as short