HBAR

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0142%/8h= +15.6% APRnext payment +$0.18 per $10,000 · paid last 24h +0.080%

Price spread now: GMX against Backpack−0.101%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Backpack Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. GMX is 0.101% cheaper against Backpack than usual: you would sell low and buy high (spread −0.101% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 2.4 days of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack HBAR_USDC_PERP	0.09284	0.0100	pay 0.0013% / 1h	30m 01s	$38K	$201K	15x
Short	GMX HBAR/USD [WBTC.b-USDC]	0.09275	L +0.0347% / S −0.0242%	get 0.0030% / 1h	30m 01s	$80K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Backpack. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BackpackbpFee GMXbpOrdersPrice spread, now −0.101%Rate

Funding earned: $29.9
Price spread: −0.101% → 0.000%: −$10.12
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: −$2.23
Costs to cover: 0.220%
Break-even: 7.5 days

Slippage unknown: Backpack: live order book, 28 min ago; GMX: no order-book sample. Net counts fees only.

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 Backpack live order book, 28 min ago	0.54 bp	6.2 bp −$6	doesn't fit	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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 on 28 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX HBAR-USD	0.0000%	1h	0.09276	−0.083%	$30K	$4K	5x	as long as short
gTrade (Gains Network) HBAR/USD	L +0.0007% / S −0.0014%	1h	0.09276	−0.091%	$8K	—	150x	as long as short
KuCoin HBARUSDTM	+0.0014%	8h	0.09280	−0.043%	$7.2M	$7.2M	75x	as long as short
Injective HBAR/USDC PERP	+0.0033%	1h	0.09282	−0.022%	$1K	$105K	12x	as long as short
Gate HBAR_USDT	+0.0054%	8h	0.09281	−0.032%	$2.4M	$2.8M	75x	as long as short
Coinbase International HBAR-PERP-INTX	+0.0064%	1h	0.09282	−0.022%	$223K	$2.1M	50x	as long as short
Orderly PERP_HBAR_USDC	+0.0080%	8h	0.09276	−0.086%	$2K	$14K	10x	as long as short
Variational Omni HBAR	+0.0093%	8h	0.09251	−0.357%	$1.0M	$187K	—	as long as short
Lighter HBAR	+0.0096%	1h	0.09275	−0.097%	$562K	$598K	5x	as long as short
Hyperliquid HBAR	+0.0100%	1h	0.09294	+0.102%	$8.8M	$2.7M	5x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster HBARUSDT	+0.0100%	8h	0.09280	−0.042%	$212K	$318K	50x	as long as short
Binance HBARUSDT	+0.0100%	8h	0.09285	+0.008%	$34.1M	$105.3M	75x	as long as short
Bybit HBARUSDT	+0.0100%	8h	0.09287	+0.032%	$32.8M	$33.9M	75x	as long as short
OKX HBAR-USDT-SWAP	+0.0100%	8h	0.09284	0.000%	$6.6M	$24.7M	50x	as long as short
MEXC HBAR_USDT	+0.0100%	8h	0.09284	0.000%	$25.9M	$19.6M	200x	as long as short
Bitget HBARUSDT	+0.0100%	8h	0.09282	−0.022%	$17.1M	$15.1M	75x	as long as short
BingX HBAR-USDC	+0.0100%	8h	0.09286	+0.022%	—	$6.7M	—	as long as short
Backpack HBAR_USDC_PERPlong	+0.0100%	1h	0.09284	long leg	$38K	$201K	15x
GRVT HBAR_USDT_Perp	+0.0100%	8h	0.09167	−1.265%	$370K	$2.5M	10x	as long as short
ApeX Omni HBARUSDT	+0.0100%	1h	0.09220	−0.689%	$147K	$713K	50x	as long as short
SoDEX HBAR-USD	+0.0100%	1h	0.09277	−0.075%	$431	$5K	5x	as long as short
HTX HBAR-USDT	+0.0100%	8h	0.09286	+0.022%	$71K	$66K	20x	as long as short
Phemex HBARUSDT	+0.0100%	8h	0.09276	−0.086%	$2.2M	$2.1M	50x	as long as short
Extended HBAR-USD	+0.0104%	1h	0.09282	−0.020%	$52K	$278K	10x	as long as short
Deribit HBAR_USDC-PERPETUAL	+0.0181%	1h	0.09281	−0.032%	$511K	$175K	50x	as long as short
BloFin HBAR-USDT	+0.0220%	8h	0.09263	−0.226%	$1.4M	$5.4M	90x	as long as short
GMX HBAR/USD [WBTC.b-USDC]short	L +0.0347% / S −0.0242%	1h	0.09275	−0.101%	$80K	—	100x
Kraken Futures PF_HBARUSD	+0.0391%	1h	0.09282	−0.026%	$1.4M	$2.6M	50x	as long as short