Spread before costs (cost unknown: a leg has no order-book sample)−0.054%
7d average—if it closes, per $10,000$5funding while held, a day+$1.56
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_HBAR_USDC | 0.09240 | 0.0048 | pay 0.0048% / 8h | 7h 18m | $5K | $19K | 10x |
| Short | Bybit HBARUSDT | 0.09235 | 0.0100 | get 0.0100% / 8h | 7h 18m | $33.5M | $40.6M | 75x |
Orderly PERP_HBAR_USDC
Bybit HBARUSDTPrice 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
- −$5.41
- Funding while held
- $1.56
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$20.85
- Spread needed to break even
- 0.170%
Slippage unknown: Orderly: no order-book sample; Bybit: live order book, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0052%
- Per $10,000 a day
- +$1.56
- 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 2 min ago | 0.54 bp | 9.7 bp −$10 | 21.5 bp −$215 | 110.1 bp −$11.0K | doesn't fit |
Orderly: 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 price on every exchange
against the cheapest. Click to use as the short leg.Injective0.09206cheapestBloFin0.09214+0.087%Backpack0.09216+0.109%ApeX Omni0.09217+0.119%Variational Omni0.09226+0.215%KuCoin0.09229+0.250%MEXC0.09230+0.261%SoDEX0.09230+0.261%Binance0.09231+0.272%Lighter0.09232+0.282%HTX0.09233+0.293%Phemex0.09234+0.304%
Injective
BloFin
Backpack
ApeX Omni
Variational Omni
KuCoin
MEXC
SoDEX
Binance
Lighter
HTX
PhemexBybit0.09235+0.315%
Bitget0.09235+0.315%BingX0.09235+0.315%Extended0.09236+0.323%OKX0.09237+0.337%Aster0.09237+0.337%Hyperliquid0.09238+0.353%Gate0.09239+0.358%
Bitget
BingX
Extended
OKX
Aster
Hyperliquid
GateOrderly0.09240+0.369%
dYdX0.09241+0.380%Kraken Futures0.09243+0.398%Coinbase International0.09244+0.413%gTrade (Gains Network)0.09244+0.417%Deribit0.09245+0.424%GMX0.09245+0.426%
dYdX
Kraken Futures
Coinbase International
gTrade (Gains Network)
Deribit
GMXHBAR on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective HBAR/USDC PERP | −0.368% | −0.0549% | 1h | $5K | $101K | 12x | as long as short |
| BloFin HBAR-USDT | −0.281% | +0.0115% | 8h | $1.6M | $10.9M | 90x | as long as short |
| Backpack HBAR_USDC_PERP | −0.260% | +0.0100% | 1h | $31K | $146K | 15x | as long as short |
| ApeX Omni HBARUSDT | −0.249% | +0.0100% | 1h | $169K | $711K | 50x | as long as short |
| Variational Omni HBAR | −0.153% | −0.0025% | 8h | $1.0M | $223K | — | as long as short |
| KuCoin HBARUSDTM | −0.119% | +0.0100% | 8h | $7.4M | $8.6M | 75x | as long as short |
| MEXC HBAR_USDT | −0.108% | −0.0004% | 8h | $31.8M | $26.3M | 200x | as long as short |
| SoDEX HBAR-USD | −0.108% | +0.0100% | 1h | $428 | $6K | 5x | as long as short |
| Binance HBARUSDT | −0.097% | −0.0005% | 8h | $36.3M | $115.5M | 75x | as long as short |
| Lighter HBAR | −0.087% | +0.0096% | 1h | $566K | $600K | 5x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| HTX HBAR-USDT | −0.076% | +0.0100% | 8h | $73K | $53K | 20x | as long as short |
| Phemex HBARUSDT | −0.065% | +0.0082% | 8h | $2.2M | $2.2M | 50x | as long as short |
| Bybit HBARUSDTshort | −0.054% | +0.0100% | 8h | $33.5M | $40.6M | 75x | |
| Bitget HBARUSDT | −0.054% | +0.0100% | 8h | $17.2M | $14.8M | 75x | as long as short |
| BingX HBAR-USDT | −0.054% | −0.0004% | 8h | — | $6.3M | — | as long as short |
| Extended HBAR-USD | −0.046% | −0.0008% | 1h | $52K | $207K | 10x | as long as short |
| OKX HBAR-USDT-SWAP | −0.032% | +0.0100% | 8h | $7.0M | $27.6M | 50x | as long as short |
| Aster HBARUSDT | −0.032% | +0.0100% | 8h | $216K | $681K | 50x | as long as short |
| Hyperliquid HBAR | −0.016% | +0.0100% | 1h | $8.9M | $3.2M | 5x | as long as short |
| Gate HBAR_USDT | −0.011% | +0.0100% | 8h | $2.5M | $3.7M | 75x | as long as short |
| Orderly PERP_HBAR_USDClong | 0.000% | +0.0048% | 8h | $5K | $19K | 10x | |
| dYdX HBAR-USD | +0.010% | 0.0000% | 1h | $30K | $4K | 5x | as long as short |
| Kraken Futures PF_HBARUSD | +0.029% | +0.0272% | 1h | $1.4M | $2.5M | 50x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.043% | +0.0048% | 1h | $219K | $2.9M | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | +0.047% | L +0.0007% / S −0.0013% | 1h | $8K | — | 150x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.054% | +0.0291% | 1h | $509K | $153K | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | +0.056% | L +0.0431% / S −0.0249% | 1h | $122K | — | 100x | as long as short |