Settings8H · net · $10k
Funding arb · Price arb /

HBAR

all HBAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0268%/8h= −29.3% APRnext payment $0.33 per $10,000 · paid last 24h −0.098%
Price spread now: SoDEX against GMX−0.037%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and SoDEX is 0.037% cheaper against GMX than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX HBAR/USD [WBTC.b-USDC]0.09449L +0.0368% / S −0.0371%pay 0.0046% / 1h46m 40s$77K100x
ShortSoDEX HBAR-USD0.094460.0100get 0.0013% / 1h46m 40s$495$5K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against GMX. 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

Funding earned
−$56.2
Price spread: −0.037% → 0.000%
−$3.7
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$79.9
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; SoDEX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell SoDEX no order-book sample
GMX and SoDEX: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective HBAR/USDC PERP−0.0072%1h0.09663+2.259%$5K$101K12xas long as short
gTrade (Gains Network) HBAR/USDL +0.0007% / S −0.0008%1h0.09449−0.007%$11K150xas long as short
ApeX Omni HBARUSDT+0.0064%1h0.09447−0.026%$153K$702K50xas long as short
Deribit HBAR_USDC-PERPETUAL+0.0067%1h0.09455+0.058%$531K$224K50xas long as short
Orderly PERP_HBAR_USDC+0.0092%8h0.09445−0.048%$1K$9K10xas long as short
Gate HBAR_USDT+0.0093%8h0.09449−0.005%$2.5M$2.9M75xas long as short
Lighter HBAR+0.0096%1h0.09450+0.005%$574K$545K5xas long as short
Hyperliquid HBAR+0.0100%1h0.09455+0.061%$8.6M$4.3M5xas long as short
Aster HBARUSDT+0.0100%8h0.09449−0.002%$202K$375K50xas long as short
Binance HBARUSDT+0.0100%8h0.09448−0.016%$35.7M$114.4M75xas long as short
Show all 28 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit HBARUSDT+0.0100%8h0.09447−0.026%$33.4M$37.8M75xas long as short
OKX HBAR-USDT-SWAP+0.0100%8h0.09452+0.026%$6.6M$27.0M50xas long as short
MEXC HBAR_USDT+0.0100%8h0.09449−0.005%$27.4M$20.1M200xas long as short
KuCoin HBARUSDTM+0.0100%8h0.09447−0.026%$7.0M$7.3M75xas long as short
Bitget HBARUSDT+0.0100%8h0.09452+0.026%$17.9M$18.9M75xas long as short
BingX HBAR-USDT+0.0100%8h0.09451+0.016%$7.7Mas long as short
Backpack HBAR_USDC_PERP+0.0100%1h0.09448−0.016%$34K$203K15xas long as short
Variational Omni HBAR+0.0100%8h0.09437−0.131%$1.0M$100Kas long as short
GRVT HBAR_USDT_Perp+0.0100%8h0.09451+0.011%$385K$3.7M10xas long as short
SoDEX HBAR-USDshort+0.0100%1h0.09446−0.037%$495$5K5x
HTX HBAR-USDT+0.0100%8h0.09459+0.101%$72K$57K20xas long as short
Phemex HBARUSDT+0.0100%8h0.09446−0.037%$2.5M$3.3M50xas long as short
Extended HBAR-USD+0.0104%1h0.09447−0.027%$50K$307K10xas long as short
Coinbase International HBAR-PERP-INTX+0.0192%1h0.09451+0.016%$224K$2.9M50xas long as short
BloFin HBAR-USDT+0.0220%8h0.09443−0.069%$1.6M$5.8M90xas long as short
GMX HBAR/USD [WBTC.b-USDC]longL +0.0368% / S −0.0371%1h0.09449long leg$77K100x
Kraken Futures PF_HBARUSD+0.0423%1h0.09453+0.042%$1.4M$3.7M50xas long as short
dYdX HBAR-USD+0.1058%1h0.09459+0.100%$40K$21K5xas long as short