Settings8H · net · $10k
Funding arb · Price arb /

HBAR

all HBAR markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0205%/8h= +22.4% APRnext payment +$0.26 per $10,000 · paid last 24h +0.087%
Price spread now: GMX against Deribit−0.091%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. GMX is 0.091% cheaper against Deribit than usual: you would sell low and buy high (spread −0.091% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 36 hours of funding at the current rate (+$6 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit HBAR_USDC-PERPETUAL0.096630.0164pay 0.0021% / 1h14m 33s$532K$177K50x
ShortGMX HBAR/USD [WBTC.b-USDC]0.09654L +0.0371% / S −0.0369%get 0.0046% / 1h14m 33s$78K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Deribit. 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

Funding earned
$43.04
Price spread: −0.091% → 0.000%
−$9.11
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee GMX: 6 bp × 2 orders
−$12
Net
$14.94
Costs to cover
0.190%
Break-even
4.6 days
Slippage unknown: Deribit: live order book, 19 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
LegHalf-spread$10k$100k$1M$5M
Buy Deribit live order book, 19 min ago6.26 bp9.8 bp −$1016.4 bp −$164doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) HBAR/USDL +0.0007% / S −0.0008%1h0.09657−0.058%$11K150xas long as short
Injective HBAR/USDC PERP+0.0033%1h0.09282−3.943%$1K$96K12xas long as short
Orderly PERP_HBAR_USDC+0.0088%8h0.09656−0.072%$1K$13K10xas long as short
Coinbase International HBAR-PERP-INTX+0.0088%1h0.09660−0.031%$231K$2.7M50xas long as short
Lighter HBAR+0.0096%1h0.09683+0.207%$584K$611K5xas long as short
Aster HBARUSDT+0.0100%8h0.09686+0.235%$231K$350K50xas long as short
Binance HBARUSDT+0.0100%8h0.09680+0.171%$36.7M$114.7M75xas long as short
Bybit HBARUSDT+0.0100%8h0.09678+0.155%$33.9M$37.3M75xas long as short
OKX HBAR-USDT-SWAP+0.0100%8h0.09678+0.155%$6.8M$27.3M50xas long as short
Gate HBAR_USDT+0.0100%8h0.09680+0.176%$2.5M$2.9M75xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC HBAR_USDT+0.0100%8h0.09669+0.062%$27.3M$20.8M200xas long as short
KuCoin HBARUSDTM+0.0100%8h0.09686+0.238%$7.5M$7.4M75xas long as short
Bitget HBARUSDT+0.0100%8h0.09675+0.124%$18.2M$17.6M75xas long as short
BingX HBAR-USDC+0.0100%8h0.09682+0.197%$6.8Mas long as short
Backpack HBAR_USDC_PERP+0.0100%1h0.09654−0.093%$38K$200K15xas long as short
Variational Omni HBAR+0.0100%8h0.09679+0.167%$1.1M$174Kas long as short
GRVT HBAR_USDT_Perp+0.0100%8h0.09598−0.672%$390K$3.4M10xas long as short
ApeX Omni HBARUSDT+0.0100%1h0.09649−0.145%$156K$699K50xas long as short
SoDEX HBAR-USD+0.0100%1h0.09658−0.052%$448$5K5xas long as short
HTX HBAR-USDT+0.0100%8h0.09673+0.103%$74K$74K20xas long as short
Phemex HBARUSDT+0.0100%8h0.09656−0.072%$2.5M$2.9M50xas long as short
Extended HBAR-USD+0.0104%1h0.09681+0.191%$50K$305K10xas long as short
Hyperliquid HBAR+0.0126%1h0.09685+0.228%$9.1M$4.0M5xas long as short
Deribit HBAR_USDC-PERPETUALlong+0.0164%1h0.09663long leg$532K$177K50x
BloFin HBAR-USDT+0.0220%8h0.09668+0.052%$1.6M$6.0M90xas long as short
Kraken Futures PF_HBARUSD+0.0281%1h0.09668+0.050%$1.4M$3.3M50xas long as short
GMX HBAR/USD [WBTC.b-USDC]shortL +0.0371% / S −0.0369%1h0.09654−0.091%$78K100x
dYdX HBAR-USD+0.2125%1h0.09681+0.189%$38K$18K5xas long as short