After costs, if the gap returns to its 7d average, $10k−$54
spread now−0.164%7d average+0.072%fees + slippage, in and out−$30spread needed0.301%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter HBAR | 0.09168 | 0.0096 | pay 0.0012% / 1h | 9m 11s | $563K | $640K | 5x |
| Short | Backpack HBAR_USDC_PERP | 0.09153 | 0.0100 | get 0.0013% / 1h | 9m 11s | $28K | $144K | 15x |
Lighter HBAR
Backpack HBAR_USDC_PERPPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$16.36
- Funding while held
- $0.12
- Slippage, 4 orders
- −$20.11
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$46.35
- Spread needed to break even
- 0.301%
Slippage from Lighter: live order book, 37 min ago; Backpack: live order book, 40 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0004%
- Per $10,000 a day
- +$0.12
- Average in range /8h
- —
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 Lighter live order book, 37 min ago | 2.74 bp | 7.1 bp −$7 | 52.4 bp −$524 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 40 min ago | 0.54 bp | 8.4 bp −$8 | 159.9 bp −$1,599 | doesn't fit | doesn't fit |
HBAR price on every exchange
against the cheapest. Click to use as the short leg.SoDEX0.09147cheapest
SoDEXBackpack0.09153+0.066%
Coinbase International0.09159+0.131%Variational Omni0.09159+0.132%dYdX0.09161+0.148%Gate0.09163+0.175%KuCoin0.09164+0.186%MEXC0.09165+0.197%ApeX Omni0.09166+0.208%Extended0.09168+0.225%Aster0.09168+0.225%
Coinbase International
Variational Omni
dYdX
Gate
KuCoin
MEXC
ApeX Omni
Extended
AsterLighter0.09168+0.230%
OKX0.09168+0.230%Bitget0.09168+0.230%Orderly0.09168+0.230%Phemex0.09168+0.230%BingX0.09169+0.241%BloFin0.09169+0.241%Binance0.09170+0.251%Bybit0.09170+0.251%gTrade (Gains Network)0.09173+0.280%GMX0.09173+0.284%Injective0.09174+0.295%HTX0.09175+0.306%Deribit0.09176+0.317%Hyperliquid0.09176+0.319%Kraken Futures0.09181+0.370%
OKX
Bitget
Orderly
Phemex
BingX
BloFin
Binance
Bybit
gTrade (Gains Network)
GMX
Injective
HTX
Deribit
Hyperliquid
Kraken FuturesHBAR on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX HBAR-USD | −0.229% | +0.0100% | 1h | $425 | $6K | 5x | as long as short |
| Backpack HBAR_USDC_PERPshort | −0.164% | +0.0100% | 1h | $28K | $144K | 15x | |
| Coinbase International HBAR-PERP-INTX | −0.098% | +0.0064% | 1h | $193K | $3.3M | 50x | as long as short |
| Variational Omni HBAR | −0.097% | −0.0050% | 8h | $1.0M | $225K | — | as long as short |
| dYdX HBAR-USD | −0.082% | 0.0000% | 1h | $30K | $10K | 5x | as long as short |
| Gate HBAR_USDT | −0.055% | +0.0070% | 8h | $2.4M | $3.9M | 75x | as long as short |
| KuCoin HBARUSDTM | −0.044% | +0.0084% | 8h | $7.4M | $8.6M | 75x | as long as short |
| MEXC HBAR_USDT | −0.033% | −0.0011% | 8h | $31.9M | $27.2M | 200x | as long as short |
| ApeX Omni HBARUSDT | −0.022% | +0.0043% | 1h | $168K | $718K | 50x | as long as short |
| Extended HBAR-USD | −0.005% | −0.0008% | 1h | $52K | $207K | 10x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster HBARUSDT | −0.004% | +0.0100% | 8h | $244K | $659K | 50x | as long as short |
| Lighter HBARlong | 0.000% | +0.0096% | 1h | $563K | $640K | 5x | |
| OKX HBAR-USDT-SWAP | 0.000% | +0.0100% | 8h | $7.0M | $30.1M | 50x | as long as short |
| Bitget HBARUSDT | 0.000% | +0.0100% | 8h | $17.2M | $14.6M | 75x | as long as short |
| Orderly PERP_HBAR_USDC | 0.000% | +0.0046% | 8h | $5K | $20K | 10x | as long as short |
| Phemex HBARUSDT | 0.000% | +0.0100% | 8h | $2.2M | $2.2M | 50x | as long as short |
| BingX HBAR-USDT | +0.011% | −0.0016% | 8h | — | $6.4M | — | as long as short |
| BloFin HBAR-USDT | +0.011% | +0.0110% | 8h | $1.6M | $11.5M | 90x | as long as short |
| Binance HBARUSDT | +0.022% | −0.0010% | 8h | $36.0M | $120.9M | 75x | as long as short |
| Bybit HBARUSDT | +0.022% | +0.0100% | 8h | $33.1M | $43.0M | 75x | as long as short |
| gTrade (Gains Network) HBAR/USD | +0.051% | L +0.0007% / S −0.0008% | 1h | $23K | — | 150x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | +0.055% | L +0.0436% / S −0.0459% | 1h | $100K | — | 100x | as long as short |
| Injective HBAR/USDC PERP | +0.065% | −0.2844% | 1h | $6K | $128K | 12x | as long as short |
| HTX HBAR-USDT | +0.076% | +0.0100% | 8h | $73K | $55K | 20x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.087% | +0.0077% | 1h | $505K | $166K | 50x | as long as short |
| Hyperliquid HBAR | +0.089% | +0.0100% | 1h | $8.9M | $3.4M | 5x | as long as short |
| Kraken Futures PF_HBARUSD | +0.140% | +0.0514% | 1h | $1.4M | $2.8M | 50x | as long as short |