Spread before costs (cost unknown: a leg has no order-book sample)+0.126%
7d average—if it closes, per $10,000$13funding while held, a day+$13.88
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_HBAR_USDC | 0.09240 | 0.0047 | pay 0.0047% / 8h | 1m 00s | $5K | $20K | 10x |
| Short | Kraken Futures PF_HBARUSD | 0.09252 | 0.0510 | get 0.0064% / 1h | 1m 00s | $1.4M | $2.7M | 50x |
Orderly PERP_HBAR_USDC
Kraken Futures PF_HBARUSDPrice 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
- $12.59
- Funding while held
- $13.88
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $10.46
- Spread needed to break even
- 0.160%
Slippage unknown: Orderly: no order-book sample; Kraken Futures: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0463%
- Per $10,000 a day
- +$13.88
- 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 Kraken Futures live order book, 4 min ago | 7.57 bp | 15.9 bp −$16 | 23.1 bp −$231 | 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.Variational Omni0.09211cheapestBybit0.09235+0.260%Binance0.09236+0.270%OKX0.09236+0.270%Extended0.09238+0.288%MEXC0.09238+0.292%Bitget0.09238+0.292%BingX0.09238+0.292%Backpack0.09238+0.292%Lighter0.09239+0.303%SoDEX0.09239+0.303%Aster0.09240+0.314%KuCoin0.09240+0.314%
Variational Omni
Bybit
Binance
OKX
Extended
MEXC
Bitget
BingX
Backpack
Lighter
SoDEX
Aster
KuCoinOrderly0.09240+0.314%
Gate0.09241+0.325%Phemex0.09241+0.325%BloFin0.09241+0.325%Coinbase International0.09245+0.368%gTrade (Gains Network)0.09247+0.387%GMX0.09247+0.392%Deribit0.09248+0.401%Hyperliquid0.09248+0.404%dYdX0.09250+0.422%
Gate
Phemex
BloFin
Coinbase International
gTrade (Gains Network)
GMX
Deribit
Hyperliquid
dYdXKraken Futures0.09252+0.440%
ApeX Omni0.09254+0.466%Injective0.09274+0.683%HTX0.09279+0.737%
ApeX Omni
Injective
HTXHBAR on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni HBAR | −0.313% | −0.0045% | 8h | $1.0M | $225K | — | as long as short |
| Bybit HBARUSDT | −0.054% | +0.0100% | 8h | $33.3M | $42.9M | 75x | as long as short |
| Binance HBARUSDT | −0.043% | −0.0005% | 8h | $36.6M | $121.4M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | −0.043% | +0.0100% | 8h | $7.1M | $30.2M | 50x | as long as short |
| Extended HBAR-USD | −0.026% | −0.0008% | 1h | $52K | $207K | 10x | as long as short |
| MEXC HBAR_USDT | −0.022% | −0.0005% | 8h | $32.6M | $27.6M | 200x | as long as short |
| Bitget HBARUSDT | −0.022% | +0.0100% | 8h | $17.3M | $14.7M | 75x | as long as short |
| BingX HBAR-USDC | −0.022% | −0.0014% | 8h | — | $6.6M | — | as long as short |
| Backpack HBAR_USDC_PERP | −0.022% | +0.0100% | 1h | $28K | $143K | 15x | as long as short |
| Lighter HBAR | −0.011% | +0.0096% | 1h | $566K | $642K | 5x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX HBAR-USD | −0.011% | +0.0100% | 1h | $429 | $6K | 5x | as long as short |
| Aster HBARUSDT | 0.000% | +0.0100% | 8h | $246K | $643K | 50x | as long as short |
| KuCoin HBARUSDTM | 0.000% | +0.0081% | 8h | $7.4M | $8.6M | 75x | as long as short |
| Orderly PERP_HBAR_USDClong | 0.000% | +0.0047% | 8h | $5K | $20K | 10x | |
| Gate HBAR_USDT | +0.011% | +0.0081% | 8h | $2.5M | $4.0M | 75x | as long as short |
| Phemex HBARUSDT | +0.011% | +0.0100% | 8h | $2.2M | $2.2M | 50x | as long as short |
| BloFin HBAR-USDT | +0.011% | +0.0115% | 8h | $1.6M | $11.6M | 90x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.054% | +0.0064% | 1h | $199K | $3.3M | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | +0.073% | L +0.0007% / S −0.0013% | 1h | $8K | — | 150x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | +0.078% | L +0.0438% / S −0.0459% | 1h | $101K | — | 100x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.087% | 0.0000% | 1h | $509K | $166K | 50x | as long as short |
| Hyperliquid HBAR | +0.090% | +0.0100% | 1h | $9.0M | $3.4M | 5x | as long as short |
| dYdX HBAR-USD | +0.108% | 0.0000% | 1h | $30K | $10K | 5x | as long as short |
| Kraken Futures PF_HBARUSDshort | +0.126% | +0.0510% | 1h | $1.4M | $2.7M | 50x | |
| ApeX Omni HBARUSDT | +0.152% | +0.0100% | 1h | $170K | $716K | 50x | as long as short |
| Injective HBAR/USDC PERP | +0.368% | −0.2844% | 1h | $6K | $128K | 12x | as long as short |
| HTX HBAR-USDT | +0.422% | +0.0100% | 8h | $74K | $55K | 20x | as long as short |