Funding you earn now, next payment 12:00 UTC−0.0151%/8h= −16.5% APRpaid last 24h −0.073%
Price spread now: BloFin against GMX−0.108%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and BloFin is 0.108% cheaper against GMX than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX HBAR/USD [WBTC.b-USDC] | 0.09418 | L +0.0371% / S −0.0379% | pay 0.0046% / 1h | 10m 46s | $78K | — | 100x |
| Short | BloFin HBAR-USDT | 0.09408 | 0.0220 | get 0.0220% / 8h | 4h 10m | $1.5M | $5.9M | 90x |
GMX HBAR/USD [WBTC.b-USDC]
BloFin HBAR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against GMX. 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
- −$31.71
- Price spread: −0.108% → 0.000%
- −$10.83
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$66.54
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; BloFin: live order book, 6 min ago. 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 GMX no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 6 min ago | 1.06 bp | 11.8 bp −$12 | 18.1 bp −$181 | 50.1 bp −$5,012 | doesn't fit |
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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective HBAR/USDC PERP | −0.5000% | 1h | 0.09346 | −0.767% | $2K | $102K | 12x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0008% | 1h | 0.09418 | −0.003% | $10K | — | 150x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0069% | 1h | 0.09422 | +0.040% | $529K | $207K | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0069% | 1h | 0.09422 | +0.043% | $1.5M | $3.9M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0089% | 8h | 0.09411 | −0.076% | $4K | $11K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09413 | −0.055% | $577K | $527K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09422 | +0.036% | $8.5M | $4.1M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09417 | −0.008% | $201K | $273K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09409 | −0.098% | $35.1M | $111.2M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09409 | −0.098% | $32.9M | $38.1M | 75x | as long as short |
Injective HBAR/USDC PERP
gTrade (Gains Network) HBAR/USD
Deribit HBAR_USDC-PERPETUAL
Kraken Futures PF_HBARUSD
Orderly PERP_HBAR_USDC
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDTShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09412 | −0.066% | $6.4M | $25.7M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09416 | −0.023% | $2.6M | $3.8M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09410 | −0.087% | $28.5M | $20.8M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09409 | −0.098% | $6.9M | $6.9M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09413 | −0.055% | $17.9M | $18.4M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09411 | −0.076% | — | $6.8M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09415 | −0.034% | $38K | $204K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09413 | −0.057% | $1.0M | $80K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09424 | +0.062% | $384K | $3.9M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09421 | +0.030% | $153K | $698K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09415 | −0.034% | $437 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09438 | +0.210% | $72K | $68K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09414 | −0.045% | $2.4M | $3.3M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09406 | −0.133% | $49K | $364K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0184% | 1h | 0.09414 | −0.045% | $216K | $2.8M | 50x | as long as short |
| BloFin HBAR-USDTshort | +0.0220% | 8h | 0.09408 | −0.108% | $1.5M | $5.9M | 90x | |
| GMX HBAR/USD [WBTC.b-USDC]long | L +0.0371% / S −0.0379% | 1h | 0.09418 | long leg | $78K | — | 100x | |
| dYdX HBAR-USD | +0.0793% | 1h | 0.09420 | +0.018% | $40K | $20K | 5x | as long as short |
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
MEXC HBAR_USDT
KuCoin HBARUSDTM
Bitget HBARUSDT
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
Variational Omni HBAR
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
Coinbase International HBAR-PERP-INTX
dYdX HBAR-USD