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

HBAR

all HBAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0178%/8h= +19.5% APRpaid last 24h +0.042%
Price spread now: Hyperliquid against KuCoin+0.159%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$510.508% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.114%+$11 on $10k
Price spread, last 7 days−0.131%−$13 · spread now +0.159%, 7d avg +0.069%
Together, before fees−0.018%+ Points / potential airdropHyperliquid: Season 2 · farm board−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Hyperliquid is 0.089% dearer against KuCoin than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.069%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin HBARUSDTM0.09252−0.0078get 0.0078% / 8h6h 43m$7.3M$7.4M75x
ShortHyperliquid HBAR0.092670.0100get 0.0013% / 1h43m 54s$8.9M$2.7M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against KuCoin. 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
$37.38
Price spread: +0.159% → +0.069%
$8.94
Slippage, 4 orders
−$29.83
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$4.51
Costs to cover
0.508%
Break-even
7.8 days
Slippage from KuCoin: live order book, 9 min ago; Hyperliquid: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 9 min ago2.70 bp12.5 bp −$1242.7 bp −$427doesn't fitdoesn't fit
Sell Hyperliquid live order book, 8 min ago0.86 bp8.9 bp −$9doesn't fitdoesn't fitdoesn't fit

HBAR on 28 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni HBARUSDT−0.0091%1h0.09264+0.130%$148K$724K50xas long as short
KuCoin HBARUSDTMlong−0.0078%8h0.09252long leg$7.3M$7.4M75x
Lighter HBAR0.0000%1h0.09248−0.043%$560K$583K5xas long as short
dYdX HBAR-USD0.0000%1h0.09234−0.199%$30K$4K5xas long as short
gTrade (Gains Network) HBAR/USDL +0.0007% / S −0.0014%1h0.09247−0.056%$8K150xas long as short
Injective HBAR/USDC PERP+0.0033%1h0.09282+0.324%$1K$106K12xas long as short
Coinbase International HBAR-PERP-INTX+0.0064%1h0.09250−0.022%$226K$2.1M50xas long as short
Gate HBAR_USDT+0.0065%8h0.09256+0.043%$2.4M$3.0M75xas long as short
Kraken Futures PF_HBARUSD+0.0069%1h0.09259+0.070%$1.4M$2.4M50xas long as short
Binance HBARUSDT+0.0071%8h0.09253+0.016%$34.5M$104.4M75xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC HBAR_USDT+0.0071%8h0.09253+0.011%$26.5M$21.7M200xas long as short
Extended HBAR-USD+0.0072%1h0.09251−0.011%$47K$278K10xas long as short
GRVT HBAR_USDT_Perp+0.0072%8h0.09270+0.190%$377K$2.2M10xas long as short
Orderly PERP_HBAR_USDC+0.0074%8h0.09249−0.032%$2K$17K10xas long as short
Variational Omni HBAR+0.0075%8h0.09246−0.064%$1.0M$186Kas long as short
Hyperliquid HBARshort+0.0100%1h0.09267+0.159%$8.9M$2.7M5x
Aster HBARUSDT+0.0100%8h0.09251−0.008%$211K$346K50xas long as short
Bybit HBARUSDT+0.0100%8h0.092520.000%$32.9M$34.9M75xas long as short
OKX HBAR-USDT-SWAP+0.0100%8h0.09255+0.032%$6.8M$24.7M50xas long as short
Bitget HBARUSDT+0.0100%8h0.09256+0.043%$17.2M$14.8M75xas long as short
BingX HBAR-USDC+0.0100%8h0.092520.000%$6.7Mas long as short
Backpack HBAR_USDC_PERP+0.0100%1h0.09258+0.065%$34K$120K15xas long as short
SoDEX HBAR-USD+0.0100%1h0.09254+0.022%$430$5K5xas long as short
HTX HBAR-USDT+0.0100%8h0.09249−0.032%$71K$66K20xas long as short
Phemex HBARUSDT+0.0100%8h0.09254+0.022%$2.2M$2.1M50xas long as short
BloFin HBAR-USDT+0.0191%8h0.09272+0.216%$1.5M$5.5M90xas long as short
Deribit HBAR_USDC-PERPETUAL+0.0398%1h0.09261+0.097%$510K$154K50xas long as short
GMX HBAR/USD [WBTC.b-USDC]L +0.0487% / S −0.0549%1h0.09245−0.071%$115K100xas long as short