Spread before costs (cost unknown: a leg has no order-book sample)−0.157%
7d average—if it closes, per $10,000$16funding while held, a day+$1.57
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_HBAR_USDC | 0.09303 | 0.0048 | pay 0.0048% / 8h | 7h 26m | $5K | $19K | 10x |
| Short | Hyperliquid HBAR | 0.09288 | 0.0100 | get 0.0013% / 1h | 26m 38s | $9.0M | $3.2M | 5x |
Orderly PERP_HBAR_USDC
Hyperliquid HBARPrice 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
- −$15.69
- Funding while held
- $1.57
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$29.13
- Spread needed to break even
- 0.150%
Slippage unknown: Orderly: no order-book sample; Hyperliquid: live order book, 7 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0052%
- Per $10,000 a day
- +$1.57
- 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 Hyperliquid live order book, 7 min ago | 0.91 bp | doesn't fit | doesn't fit | doesn't fit | 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.BingX0.09267cheapestBitget0.09269+0.022%Extended0.09269+0.023%Bybit0.09270+0.032%OKX0.09270+0.032%MEXC0.09270+0.032%Injective0.09270+0.032%Lighter0.09273+0.065%Gate0.09275+0.086%Binance0.09276+0.093%Aster0.09279+0.126%KuCoin0.09286+0.205%Variational Omni0.09286+0.205%ApeX Omni0.09287+0.216%
BingX
Bitget
Extended
Bybit
OKX
MEXC
Injective
Lighter
Gate
Binance
Aster
KuCoin
Variational Omni
ApeX OmniHyperliquid0.09288+0.231%
dYdX0.09289+0.238%Phemex0.09295+0.302%BloFin0.09296+0.313%Backpack0.09297+0.324%SoDEX0.09302+0.378%
dYdX
Phemex
BloFin
Backpack
SoDEXOrderly0.09303+0.388%
Kraken Futures0.09310+0.461%GMX0.09312+0.480%gTrade (Gains Network)0.09312+0.486%Deribit0.09314+0.507%Coinbase International0.09316+0.529%HTX0.09325+0.626%
Kraken Futures
GMX
gTrade (Gains Network)
Deribit
Coinbase International
HTXHBAR on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX HBAR-USDT | −0.387% | 0.0000% | 8h | — | $6.3M | — | as long as short |
| Bitget HBARUSDT | −0.365% | +0.0100% | 8h | $17.2M | $14.9M | 75x | as long as short |
| Extended HBAR-USD | −0.364% | 0.0000% | 1h | $52K | $207K | 10x | as long as short |
| Bybit HBARUSDT | −0.355% | +0.0100% | 8h | $33.9M | $41.4M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | −0.355% | +0.0100% | 8h | $7.1M | $27.9M | 50x | as long as short |
| MEXC HBAR_USDT | −0.355% | −0.0001% | 8h | $32.6M | $26.1M | 200x | as long as short |
| Injective HBAR/USDC PERP | −0.355% | −0.0549% | 1h | $5K | $101K | 12x | as long as short |
| Lighter HBAR | −0.322% | +0.0096% | 1h | $569K | $599K | 5x | as long as short |
| Gate HBAR_USDT | −0.301% | +0.0100% | 8h | $2.5M | $3.7M | 75x | as long as short |
| Binance HBARUSDT | −0.294% | −0.0002% | 8h | $36.6M | $117.8M | 75x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster HBARUSDT | −0.261% | +0.0100% | 8h | $217K | $683K | 50x | as long as short |
| KuCoin HBARUSDTM | −0.183% | +0.0096% | 8h | $7.5M | $8.5M | 75x | as long as short |
| Variational Omni HBAR | −0.183% | −0.0034% | 8h | $1.0M | $228K | — | as long as short |
| ApeX Omni HBARUSDT | −0.172% | +0.0100% | 1h | $170K | $711K | 50x | as long as short |
| Hyperliquid HBARshort | −0.157% | +0.0100% | 1h | $9.0M | $3.2M | 5x | |
| dYdX HBAR-USD | −0.149% | 0.0000% | 1h | $30K | $4K | 5x | as long as short |
| Phemex HBARUSDT | −0.086% | −0.0116% | 8h | $2.2M | $2.2M | 50x | as long as short |
| BloFin HBAR-USDT | −0.075% | +0.0041% | 8h | $1.6M | $10.9M | 90x | as long as short |
| Backpack HBAR_USDC_PERP | −0.064% | +0.0100% | 1h | $31K | $149K | 15x | as long as short |
| SoDEX HBAR-USD | −0.011% | +0.0100% | 1h | $432 | $6K | 5x | as long as short |
| Orderly PERP_HBAR_USDClong | 0.000% | +0.0048% | 8h | $5K | $19K | 10x | |
| Kraken Futures PF_HBARUSD | +0.072% | +0.0270% | 1h | $1.4M | $2.6M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | +0.091% | L +0.0436% / S −0.0286% | 1h | $118K | — | 100x | as long as short |
| gTrade (Gains Network) HBAR/USD | +0.097% | L +0.0007% / S −0.0013% | 1h | $9K | — | 150x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.118% | +0.0610% | 1h | $513K | $154K | 50x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.140% | +0.0048% | 1h | $225K | $3.0M | 50x | as long as short |
| HTX HBAR-USDT | +0.236% | +0.0100% | 8h | $74K | $54K | 20x | as long as short |