Funding you earn now, next payment 02:00 UTC+0.0491%/8h= +53.7% APRpaid last 24h +0.095%
Price spread now: GMX against Binance−0.068%50s7-day average +0.057% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.250%+$25 on $10k
+Price spread, last 3 days (all we have)+0.106%+$11 · spread now −0.068%, 7d avg +0.057%
=Funding pays, the price is against you. GMX is 0.125% cheaper against Binance than usual: you would sell low and buy high (spread −0.068% now, against its 7-day average of +0.057%). If the spread goes back, that is −$12 on $10k: about 20 hours of funding at the current rate (+$15 a day). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HBARUSDT | 0.09262 | 0.0071 | pay 0.0071% / 8h | 6h 50m | $34.6M | $104.3M | 75x |
| Short | GMX HBAR/USD [WBTC.b-USDC] | 0.09256 | L +0.0494% / S −0.0562% | get 0.0070% / 1h | 50m 27s | $117K | — | 100x |
Binance HBARUSDT
GMX HBAR/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $103.08
- Price spread: −0.068% → +0.057%
- −$12.49
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $68.59
- Costs to cover
- 0.220%
- Break-even
- 2.3 days
Slippage unknown: Binance: live order book, 7 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 Binance live order book, 7 min ago | 0.54 bp | 9.2 bp −$9 | 15.8 bp −$158 | 56.7 bp −$5,672 | 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni HBARUSDT | −0.0366% | 1h | 0.09243 | −0.205% | $147K | $724K | 50x | as long as short |
| KuCoin HBARUSDTM | −0.0076% | 8h | 0.09263 | +0.011% | $7.3M | $7.4M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09262 | +0.001% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09256 | −0.065% | $8K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09182 | −0.864% | $1K | $106K | 12x | as long as short |
| Gate HBAR_USDT | +0.0050% | 8h | 0.09264 | +0.022% | $2.4M | $3.0M | 75x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09258 | −0.043% | $226K | $2.1M | 50x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0067% | 8h | 0.09243 | −0.205% | $371K | $2.2M | 10x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0069% | 1h | 0.09262 | 0.000% | $1.4M | $2.3M | 50x | as long as short |
| MEXC HBAR_USDT | +0.0071% | 8h | 0.09264 | +0.022% | $26.5M | $21.7M | 200x | as long as short |
ApeX Omni HBARUSDT
KuCoin HBARUSDTM
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Gate HBAR_USDT
Coinbase International HBAR-PERP-INTX
GRVT HBAR_USDT_Perp
Kraken Futures PF_HBARUSD
MEXC HBAR_USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance HBARUSDTlong | +0.0071% | 8h | 0.09262 | long leg | $34.6M | $104.3M | 75x | |
| Extended HBAR-USD | +0.0072% | 1h | 0.09260 | −0.022% | $47K | $278K | 10x | as long as short |
| Variational Omni HBAR | +0.0072% | 8h | 0.09252 | −0.107% | $1.0M | $186K | — | as long as short |
| Orderly PERP_HBAR_USDC | +0.0074% | 8h | 0.09251 | −0.119% | $2K | $17K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09258 | −0.043% | $561K | $582K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09273 | +0.124% | $8.9M | $2.7M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09265 | +0.036% | $211K | $346K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09264 | +0.022% | $32.9M | $35.0M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09262 | 0.000% | $6.8M | $24.6M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09261 | −0.011% | $17.1M | $14.7M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09263 | +0.011% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09261 | −0.011% | $37K | $118K | 15x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09253 | −0.097% | $430 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09267 | +0.054% | $71K | $66K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09257 | −0.054% | $2.2M | $2.1M | 50x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0182% | 1h | 0.09263 | +0.011% | $510K | $154K | 50x | as long as short |
| BloFin HBAR-USDT | +0.0191% | 8h | 0.09254 | −0.086% | $1.5M | $5.4M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC]short | L +0.0494% / S −0.0562% | 1h | 0.09256 | −0.068% | $117K | — | 100x |
Extended HBAR-USD
Variational Omni HBAR
Orderly PERP_HBAR_USDC
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Deribit HBAR_USDC-PERPETUAL
BloFin HBAR-USDT