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+0.0324%/8h= +35.4% APRpaid last 24h +0.085%
Price spread now: Kraken Futures against KuCoin+0.198%7-day average +0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$650.647% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.282%+$28 on $10k
Price spread, last 4 days (all we have)−0.175%−$17 · spread now +0.198%, 7d avg +0.070%
Together, before fees+0.107%+$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Kraken Futures is 0.128% dearer against KuCoin than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.070%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin HBARUSDTM0.094150.0100pay 0.0100% / 8h5h 44m$7.0M$7.3M75x
ShortKraken Futures PF_HBARUSD0.094340.0424get 0.0053% / 1h44m 56s$1.4M$3.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$67.97
Price spread: +0.198% → +0.070%
$12.8
Slippage, 4 orders
−$42.73
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$16.03
Costs to cover
0.647%
Break-even
5.3 days
Slippage from KuCoin: live order book, 1 min ago; Kraken Futures: live order book, 2 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, 1 min ago3.71 bp16.8 bp −$1750.4 bp −$504doesn't fitdoesn't fit
Sell Kraken Futures live order book, 2 min ago5.29 bp13.0 bp −$1323.7 bp −$237doesn't fitdoesn't fit

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+2.634%$5K$101K12xas long as short
Deribit HBAR_USDC-PERPETUAL0.0000%1h0.09434+0.202%$530K$224K50xas long as short
gTrade (Gains Network) HBAR/USDL +0.0007% / S −0.0008%1h0.09430+0.159%$11K150xas long as short
Orderly PERP_HBAR_USDC+0.0092%8h0.09425+0.106%$1K$9K10xas long as short
Lighter HBAR+0.0096%1h0.09429+0.149%$573K$546K5xas long as short
Gate HBAR_USDT+0.0099%8h0.09419+0.042%$2.5M$2.9M75xas long as short
Hyperliquid HBAR+0.0100%1h0.09427+0.122%$8.6M$4.3M5xas long as short
Aster HBARUSDT+0.0100%8h0.09425+0.107%$201K$375K50xas long as short
Binance HBARUSDT+0.0100%8h0.09417+0.021%$35.5M$114.5M75xas long as short
Bybit HBARUSDT+0.0100%8h0.094150.000%$33.5M$38.0M75xas long as short
Show all 28 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX HBAR-USDT-SWAP+0.0100%8h0.09420+0.053%$6.6M$26.9M50xas long as short
MEXC HBAR_USDT+0.0100%8h0.09417+0.021%$27.3M$20.1M200xas long as short
KuCoin HBARUSDTMlong+0.0100%8h0.09415long leg$7.0M$7.3M75x
Bitget HBARUSDT+0.0100%8h0.09420+0.053%$17.9M$18.9M75xas long as short
BingX HBAR-USDC+0.0100%8h0.09417+0.021%$6.8Mas long as short
Backpack HBAR_USDC_PERP+0.0100%1h0.09426+0.117%$34K$203K15xas long as short
Variational Omni HBAR+0.0100%8h0.09450+0.373%$1.0M$100Kas long as short
GRVT HBAR_USDT_Perp+0.0100%8h0.09447+0.336%$379K$3.7M10xas long as short
ApeX Omni HBARUSDT+0.0100%1h0.09452+0.393%$153K$701K50xas long as short
SoDEX HBAR-USD+0.0100%1h0.09426+0.117%$438$5K5xas long as short
HTX HBAR-USDT+0.0100%8h0.09458+0.457%$72K$57K20xas long as short
Phemex HBARUSDT+0.0100%8h0.09428+0.138%$2.5M$3.3M50xas long as short
Extended HBAR-USD+0.0104%1h0.09412−0.029%$51K$308K10xas long as short
Coinbase International HBAR-PERP-INTX+0.0192%1h0.09436+0.223%$223K$2.9M50xas long as short
BloFin HBAR-USDT+0.0220%8h0.09428+0.138%$1.6M$5.8M90xas long as short
GMX HBAR/USD [WBTC.b-USDC]L +0.0367% / S −0.0371%1h0.09432+0.183%$77K100xas long as short
Kraken Futures PF_HBARUSDshort+0.0424%1h0.09434+0.198%$1.4M$3.7M50x
dYdX HBAR-USD+0.1092%1h0.09436+0.219%$40K$21K5xas long as short