After costs, if the gap returns to its 7d average, $10k−$13
spread now+0.121%7d average+0.025%fees + slippage, in and out−$23spread needed0.228%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC HBAR_USDT | 0.09122 | −0.0012 | get 0.0012% / 8h | 6h 23m | $32.9M | $24.4M | 200x |
| Short | Backpack HBAR_USDC_PERP | 0.09133 | −0.0035 | pay 0.0004% / 1h | 23m 45s | $29K | $143K | 15x |
MEXC HBAR_USDT
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
- $12.06
- Funding while held
- −$0.69
- Slippage, 4 orders
- −$12.82
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$11.45
- Spread needed to break even
- 0.228%
Slippage from MEXC: live order book, 2 min ago; Backpack: live order book, 16 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0023%
- Per $10,000 a day
- −$0.69
- 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 MEXC live order book, 2 min ago | 0.55 bp | 0.7 bp −$1 | 7.1 bp −$71 | 36.5 bp −$3,649 | 109.3 bp −$54.6K |
| Sell Backpack live order book, 16 min ago | 1.65 bp | 7.0 bp −$7 | 220.2 bp −$2,202 | doesn't fit | doesn't fit |
HBAR price on every exchange
against the cheapest. Click to use as the short leg.ApeX Omni0.09064cheapestInjective0.09103+0.430%Variational Omni0.09107+0.474%BloFin0.09114+0.552%Extended0.09117+0.585%KuCoin0.09119+0.607%HTX0.09121+0.629%Aster0.09122+0.637%
ApeX Omni
Injective
Variational Omni
BloFin
Extended
KuCoin
HTX
AsterMEXC0.09122+0.640%
Orderly0.09125+0.673%Gate0.09126+0.684%BingX0.09126+0.684%Phemex0.09126+0.684%SoDEX0.09127+0.695%Binance0.09128+0.706%Lighter0.09129+0.717%Bybit0.09130+0.728%Coinbase International0.09130+0.728%GMX0.09130+0.729%gTrade (Gains Network)0.09130+0.730%OKX0.09131+0.739%Bitget0.09131+0.739%dYdX0.09132+0.748%
Orderly
Gate
BingX
Phemex
SoDEX
Binance
Lighter
Bybit
Coinbase International
GMX
gTrade (Gains Network)
OKX
Bitget
dYdXBackpack0.09133+0.761%
Hyperliquid0.09139+0.831%Deribit0.09140+0.838%Kraken Futures0.09141+0.850%
Hyperliquid
Deribit
Kraken FuturesHBAR on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni HBARUSDT | −0.636% | +0.0100% | 1h | $167K | $699K | 50x | as long as short |
| Injective HBAR/USDC PERP | −0.208% | −0.0243% | 1h | $5K | $65K | 12x | as long as short |
| Variational Omni HBAR | −0.164% | −0.0004% | 8h | $1.0M | $201K | — | as long as short |
| BloFin HBAR-USDT | −0.088% | +0.0107% | 8h | $1.5M | $7.4M | 90x | as long as short |
| Extended HBAR-USD | −0.054% | −0.0016% | 1h | $46K | $212K | 10x | as long as short |
| KuCoin HBARUSDTM | −0.033% | +0.0100% | 8h | $7.3M | $8.6M | 75x | as long as short |
| HTX HBAR-USDT | −0.011% | +0.0100% | 8h | $72K | $53K | 20x | as long as short |
| Aster HBARUSDT | −0.003% | +0.0100% | 8h | $214K | $466K | 50x | as long as short |
| MEXC HBAR_USDTlong | 0.000% | −0.0012% | 8h | $32.9M | $24.4M | 200x | |
| Orderly PERP_HBAR_USDC | +0.033% | +0.0054% | 8h | $3K | $18K | 10x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate HBAR_USDT | +0.044% | +0.0100% | 8h | $2.4M | $3.7M | 75x | as long as short |
| BingX HBAR-USDT | +0.044% | −0.0013% | 8h | — | $6.1M | — | as long as short |
| Phemex HBARUSDT | +0.044% | +0.0100% | 8h | $2.2M | $2.2M | 50x | as long as short |
| SoDEX HBAR-USD | +0.055% | +0.0100% | 1h | $424 | $6K | 5x | as long as short |
| Binance HBARUSDT | +0.066% | −0.0013% | 8h | $35.0M | $112.5M | 75x | as long as short |
| Lighter HBAR | +0.077% | +0.0096% | 1h | $559K | $595K | 5x | as long as short |
| Bybit HBARUSDT | +0.088% | +0.0100% | 8h | $33.0M | $38.3M | 75x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.088% | +0.0096% | 1h | $207K | $2.4M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | +0.089% | L +0.0442% / S −0.0464% | 1h | $100K | — | 100x | as long as short |
| gTrade (Gains Network) HBAR/USD | +0.090% | L +0.0007% / S −0.0014% | 1h | $8K | — | 150x | as long as short |
| OKX HBAR-USDT-SWAP | +0.099% | +0.0100% | 8h | $6.9M | $25.1M | 50x | as long as short |
| Bitget HBARUSDT | +0.099% | +0.0100% | 8h | $16.8M | $14.3M | 75x | as long as short |
| dYdX HBAR-USD | +0.107% | 0.0000% | 1h | $29K | $4K | 5x | as long as short |
| Backpack HBAR_USDC_PERPshort | +0.121% | −0.0035% | 1h | $29K | $143K | 15x | |
| Hyperliquid HBAR | +0.190% | +0.0100% | 1h | $8.8M | $3.0M | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.197% | +0.0407% | 1h | $503K | $152K | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.209% | +0.0232% | 1h | $1.4M | $2.4M | 50x | as long as short |