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

HBAR

all HBAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0264%/8h= +28.9% APRnext payment +$0.33 per $10,000 · paid last 24h +0.089%
Price spread now: Coinbase International against Injective−1.801%7-day average +0.130% · 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 7 days+0.729%+$73 on $10k
Price spread, last 4 days (all we have)+2.305%+$230 · spread now −1.801%, 7d avg +0.130%
Together, before fees+3.034%+$303 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 1.931% cheaper against Injective than usual: you would sell low and buy high (spread −1.801% now, against its 7-day average of +0.130%). If the spread goes back, that is −$193 on $10k: about 24 days of funding at the current rate (+$8 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective HBAR/USDC PERP0.09663−0.0072get 0.0009% / 1h55m 09s$5K$101K12x
ShortCoinbase International HBAR-PERP-INTX0.094890.0192get 0.0024% / 1h55m 09s$227K$2.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Injective. 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
$55.38
Price spread: −1.801% → +0.130%
−$193.09
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$147.73
Costs to cover
0.100%
Break-even
25.7 days
Slippage unknown: Injective: no order-book sample; Coinbase International: 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
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Coinbase International live order book, 2 min ago4.22 bp13.1 bp −$1319.0 bp −$190doesn't fitdoesn't fit
Injective: 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 PERPlong−0.0072%1h0.09663long leg$5K$101K12x
ApeX Omni HBARUSDT−0.0062%1h0.09481−1.883%$153K$701K50xas long as short
gTrade (Gains Network) HBAR/USDL +0.0007% / S −0.0008%1h0.09469−2.010%$11K150xas long as short
Orderly PERP_HBAR_USDC+0.0092%8h0.09480−1.894%$1K$9K10xas long as short
Gate HBAR_USDT+0.0094%8h0.09484−1.852%$2.5M$2.9M75xas long as short
Lighter HBAR+0.0096%1h0.09485−1.842%$576K$545K5xas long as short
Hyperliquid HBAR+0.0100%1h0.09487−1.819%$8.7M$4.3M5xas long as short
Aster HBARUSDT+0.0100%8h0.09480−1.894%$203K$375K50xas long as short
Binance HBARUSDT+0.0100%8h0.09477−1.926%$35.8M$114.7M75xas long as short
Bybit HBARUSDT+0.0100%8h0.09477−1.925%$33.5M$37.9M75xas long as short
Show all 28 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX HBAR-USDT-SWAP+0.0100%8h0.09482−1.873%$6.7M$27.1M50xas long as short
MEXC HBAR_USDT+0.0100%8h0.09481−1.883%$27.4M$20.0M200xas long as short
KuCoin HBARUSDTM+0.0100%8h0.09480−1.894%$7.3M$7.2M75xas long as short
Bitget HBARUSDT+0.0100%8h0.09486−1.832%$17.9M$18.9M75xas long as short
BingX HBAR-USDT+0.0100%8h0.09482−1.873%$7.8Mas long as short
Backpack HBAR_USDC_PERP+0.0100%1h0.09464−2.059%$36K$201K15xas long as short
Variational Omni HBAR+0.0100%8h0.09459−2.110%$1.0M$100Kas long as short
GRVT HBAR_USDT_Perp+0.0100%8h0.09466−2.042%$389K$3.7M10xas long as short
SoDEX HBAR-USD+0.0100%1h0.09480−1.894%$440$5K5xas long as short
HTX HBAR-USDT+0.0100%8h0.09492−1.770%$72K$64K20xas long as short
Phemex HBARUSDT+0.0100%8h0.09477−1.925%$2.5M$3.3M50xas long as short
Extended HBAR-USD+0.0104%1h0.09477−1.923%$50K$307K10xas long as short
Deribit HBAR_USDC-PERPETUAL+0.0172%1h0.09492−1.770%$533K$224K50xas long as short
Coinbase International HBAR-PERP-INTXshort+0.0192%1h0.09489−1.801%$227K$2.9M50x
BloFin HBAR-USDT+0.0220%8h0.09473−1.966%$1.6M$5.8M90xas long as short
GMX HBAR/USD [WBTC.b-USDC]L +0.0368% / S −0.0371%1h0.09482−1.877%$77K100xas long as short
Kraken Futures PF_HBARUSD+0.0421%1h0.09487−1.820%$1.4M$3.7M50xas long as short
dYdX HBAR-USD+0.1017%1h0.09483−1.864%$40K$21K5xas long as short