Funding you earn now, next payment 23:00 UTC−0.0385%/8h= −42.2% APRnext payment −$0.48 per $10,000 · paid last 24h −0.103%
Price spread now: Coinbase International against GMX−0.040%7-day average −0.021% · 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)−0.321%−$32 on $10k
+Price spread, last 3 days (all we have)−0.016%−$2 · spread now −0.040%, 7d avg −0.021%
=The price spread sits at its 7-day average of −0.021%, so right now this pair is about funding alone: −$12 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX HBAR/USD [WBTC.b-USDC] | 0.09343 | L +0.0449% / S −0.0478% | pay 0.0056% / 1h | 0m 36s | $105K | — | 100x |
| Short | Coinbase International HBAR-PERP-INTX | 0.09339 | 0.0064 | get 0.0008% / 1h | 0m 36s | $221K | $2.2M | 50x |
GMX HBAR/USD [WBTC.b-USDC]
Coinbase International HBAR-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$80.89
- Price spread: −0.040% → −0.021%
- −$1.87
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$104.77
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Coinbase International: live order book, 3 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 Coinbase International live order book, 3 min ago | 1.61 bp | 13.8 bp −$14 | 19.2 bp −$192 | doesn't fit | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HBARUSDTM | −0.0073% | 8h | 0.09347 | +0.046% | $7.4M | $7.9M | 75x | as long as short |
| Gate HBAR_USDT | −0.0028% | 8h | 0.09351 | +0.089% | $2.4M | $3.6M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09348 | +0.053% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09346 | +0.035% | $515K | $166K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09343 | +0.008% | $8K | — | 150x | as long as short |
| Coinbase International HBAR-PERP-INTXshort | +0.0064% | 1h | 0.09339 | −0.040% | $221K | $2.2M | 50x | |
| Variational Omni HBAR | +0.0075% | 8h | 0.09336 | −0.069% | $1.0M | $202K | — | as long as short |
| Orderly PERP_HBAR_USDC | +0.0080% | 8h | 0.09337 | −0.061% | $2K | $17K | 10x | as long as short |
| MEXC HBAR_USDT | +0.0087% | 8h | 0.09349 | +0.067% | $26.1M | $22.5M | 200x | as long as short |
| Binance HBARUSDT | +0.0087% | 8h | 0.09349 | +0.070% | $35.2M | $109.7M | 75x | as long as short |
KuCoin HBARUSDTM
Gate HBAR_USDT
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Variational Omni HBAR
Orderly PERP_HBAR_USDC
MEXC HBAR_USDT
Binance HBARUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended HBAR-USD | +0.0088% | 1h | 0.09347 | +0.046% | $52K | $218K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09346 | +0.035% | $573K | $592K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09357 | +0.149% | $8.9M | $2.9M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09354 | +0.124% | $213K | $429K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09351 | +0.089% | $33.3M | $36.6M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09352 | +0.100% | $6.9M | $25.4M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09353 | +0.110% | $17.3M | $14.9M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09350 | +0.078% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09346 | +0.035% | $34K | $101K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09274 | −0.735% | $381K | $2.2M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09327 | −0.168% | $149K | $710K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09340 | −0.029% | $434 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09346 | +0.035% | $74K | $55K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09342 | −0.007% | $2.2M | $2.2M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0207% | 8h | 0.09338 | −0.050% | $1.5M | $5.8M | 90x | as long as short |
| Injective HBAR/USDC PERP | +0.0242% | 1h | 0.09267 | −0.810% | $1K | $112K | 12x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0410% | 1h | 0.09347 | +0.043% | $1.4M | $2.3M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC]long | L +0.0449% / S −0.0478% | 1h | 0.09343 | long leg | $105K | — | 100x |
Extended HBAR-USD
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
BloFin HBAR-USDT
Injective HBAR/USDC PERP
Kraken Futures PF_HBARUSD