Spread before costs (cost unknown: a leg has no order-book sample)−0.066%
7d average—if it closes, per $10,000$7funding while held, a day−$1.24
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex HBARUSDT | 0.09071 | 0.0100 | pay 0.0100% / 8h | 5h 23m | $2.2M | $2.2M | 50x |
| Short | Orderly PERP_HBAR_USDC | 0.09065 | 0.0059 | get 0.0059% / 8h | 5h 23m | $3K | $18K | 10x |
Phemex HBARUSDT
Orderly PERP_HBAR_USDCPrice 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
- −$6.61
- Funding while held
- −$1.24
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$25.85
- Spread needed to break even
- 0.180%
Slippage unknown: Phemex: live order book, 2 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0041%
- Per $10,000 a day
- −$1.24
- 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 Phemex live order book, 2 min ago | 1.10 bp | 15.8 bp −$16 | 32.1 bp −$321 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
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.Injective0.09058cheapestBloFin0.09058cheapestCoinbase International0.09059+0.011%dYdX0.09060+0.018%OKX0.09063+0.055%Gate0.09064+0.066%Extended0.09064+0.068%gTrade (Gains Network)0.09065+0.072%Bybit0.09065+0.077%ApeX Omni0.09065+0.077%
Injective
BloFin
Coinbase International
dYdX
OKX
Gate
Extended
gTrade (Gains Network)
Bybit
ApeX OmniOrderly0.09065+0.077%
GMX0.09066+0.084%KuCoin0.09066+0.088%MEXC0.09068+0.110%Aster0.09069+0.121%SoDEX0.09069+0.121%Binance0.09069+0.125%Lighter0.09070+0.132%BingX0.09070+0.132%
GMX
KuCoin
MEXC
Aster
SoDEX
Binance
Lighter
BingXPhemex0.09071+0.144%
Bitget0.09073+0.166%HTX0.09073+0.166%Backpack0.09074+0.177%Deribit0.09077+0.210%Kraken Futures0.09079+0.237%Hyperliquid0.09086+0.304%Variational Omni0.09091+0.363%
Bitget
HTX
Backpack
Deribit
Kraken Futures
Hyperliquid
Variational OmniHBAR on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective HBAR/USDC PERP | −0.143% | −0.0374% | 1h | $5K | $65K | 12x | as long as short |
| BloFin HBAR-USDT | −0.143% | +0.0120% | 8h | $1.5M | $6.6M | 90x | as long as short |
| Coinbase International HBAR-PERP-INTX | −0.132% | +0.0104% | 1h | $209K | $2.3M | 50x | as long as short |
| dYdX HBAR-USD | −0.125% | 0.0000% | 1h | $29K | $4K | 5x | as long as short |
| OKX HBAR-USDT-SWAP | −0.088% | +0.0100% | 8h | $6.8M | $24.5M | 50x | as long as short |
| Gate HBAR_USDT | −0.077% | −0.0123% | 8h | $2.4M | $3.7M | 75x | as long as short |
| Extended HBAR-USD | −0.076% | 0.0000% | 1h | $46K | $208K | 10x | as long as short |
| gTrade (Gains Network) HBAR/USD | −0.071% | L +0.0007% / S −0.0014% | 1h | $8K | — | 150x | as long as short |
| Bybit HBARUSDT | −0.066% | +0.0100% | 8h | $32.6M | $38.0M | 75x | as long as short |
| ApeX Omni HBARUSDT | −0.066% | +0.0100% | 1h | $146K | $705K | 50x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_HBAR_USDCshort | −0.066% | +0.0059% | 8h | $3K | $18K | 10x | |
| GMX HBAR/USD [WBTC.b-USDC] | −0.060% | L +0.0440% / S −0.0472% | 1h | $101K | — | 100x | as long as short |
| KuCoin HBARUSDTM | −0.055% | +0.0060% | 8h | $7.4M | $8.4M | 75x | as long as short |
| MEXC HBAR_USDT | −0.033% | 0.0000% | 8h | $23.0M | $24.1M | 200x | as long as short |
| Aster HBARUSDT | −0.023% | +0.0100% | 8h | $212K | $466K | 50x | as long as short |
| SoDEX HBAR-USD | −0.022% | +0.0100% | 1h | $421 | $6K | 5x | as long as short |
| Binance HBARUSDT | −0.019% | 0.0000% | 8h | $34.6M | $111.8M | 75x | as long as short |
| Lighter HBAR | −0.011% | +0.0096% | 1h | $556K | $592K | 5x | as long as short |
| BingX HBAR-USDT | −0.011% | −0.0001% | 8h | — | $5.9M | — | as long as short |
| Phemex HBARUSDTlong | 0.000% | +0.0100% | 8h | $2.2M | $2.2M | 50x | |
| Bitget HBARUSDT | +0.022% | +0.0100% | 8h | $16.8M | $14.4M | 75x | as long as short |
| HTX HBAR-USDT | +0.022% | +0.0100% | 8h | $71K | $53K | 20x | as long as short |
| Backpack HBAR_USDC_PERP | +0.033% | +0.0100% | 1h | $29K | $146K | 15x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.066% | +0.0191% | 1h | $500K | $152K | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.094% | +0.0214% | 1h | $1.4M | $2.4M | 50x | as long as short |
| Hyperliquid HBAR | +0.160% | +0.0100% | 1h | $8.7M | $3.0M | 5x | as long as short |
| Variational Omni HBAR | +0.219% | +0.0018% | 8h | $1.0M | $201K | — | as long as short |