hilarbeans
people who use abbrevs say it as a combination of hilarious and coolbeans
Person 1: Yo, I was falling down a flight of stairs and there was a guy at the bottom and I reached out hoping he would catch me but instead he stepped back and I grabbed his junk instead!
Person 2: OMG, that's hilarbeans!! LOL!
Person 1: ...
Person 2: OMG, that's hilarbeans!! LOL!
Person 1: ...