Funding you earn now, next payment 07:00 UTC−0.0255%/8h= −28.0% APRnext payment −$0.32 per $10,000 · paid last 24h −0.112%
Price spread now: Extended against GMX−0.179%7-day average −0.074% · 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)−0.323%−$32 on $10k
+Price spread, last 4 days (all we have)+0.117%+$12 · spread now −0.179%, 7d avg −0.074%
=Together, before fees−0.206%+ Points / potential airdropExtended: Active · farm board−$21 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Extended is 0.105% cheaper against GMX than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.074%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX HBAR/USD [WBTC.b-USDC] | 0.09265 | L +0.0359% / S −0.0261% | pay 0.0045% / 1h | 36m 47s | $83K | — | 100x |
| Short | Extended HBAR-USD | 0.09248 | 0.0104 | get 0.0013% / 1h | 36m 47s | $60K | $225K | 10x |
GMX HBAR/USD [WBTC.b-USDC]
Extended HBAR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$53.65
- Price spread: −0.179% → −0.074%
- −$10.48
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$81.13
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Extended: live order book, 5 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 Extended live order book, 5 min ago | 0.86 bp | 8.5 bp −$9 | 150.4 bp −$1,504 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack HBAR_USDC_PERP | −0.0662% | 1h | 0.09255 | −0.103% | $33K | $201K | 15x | as long as short |
| Kraken Futures PF_HBARUSD | −0.0267% | 1h | 0.09267 | +0.030% | $1.3M | $3.0M | 50x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09255 | −0.101% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0011% | 1h | 0.09258 | −0.073% | $9K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | +0.189% | $1K | $103K | 12x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0077% | 8h | 0.09259 | −0.059% | $4K | $16K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0080% | 1h | 0.09265 | +0.005% | $211K | $2.3M | 50x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09249 | −0.167% | $557K | $600K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09259 | −0.065% | $8.6M | $3.7M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09255 | −0.098% | $199K | $333K | 50x | as long as short |
Backpack HBAR_USDC_PERP
Kraken Futures PF_HBARUSD
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Orderly PERP_HBAR_USDC
Coinbase International HBAR-PERP-INTX
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance HBARUSDT | +0.0100% | 8h | 0.09247 | −0.189% | $34.0M | $111.8M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09252 | −0.135% | $31.7M | $35.9M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09248 | −0.178% | $6.5M | $25.0M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09251 | −0.146% | $2.4M | $2.7M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09248 | −0.178% | $24.8M | $19.7M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09254 | −0.113% | $7.4M | $7.5M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09251 | −0.146% | $17.2M | $16.0M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09251 | −0.146% | — | $6.9M | — | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09269 | +0.047% | $1.0M | $187K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09269 | +0.049% | $373K | $3.0M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09273 | +0.092% | $151K | $705K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09262 | −0.027% | $430 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09267 | +0.027% | $70K | $70K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09260 | −0.049% | $2.1M | $2.1M | 50x | as long as short |
| Extended HBAR-USDshort | +0.0104% | 1h | 0.09248 | −0.179% | $60K | $225K | 10x | |
| Deribit HBAR_USDC-PERPETUAL | +0.0182% | 1h | 0.09269 | +0.049% | $510K | $178K | 50x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09252 | −0.135% | $1.5M | $5.6M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC]long | L +0.0359% / S −0.0261% | 1h | 0.09265 | long leg | $83K | — | 100x |
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
MEXC HBAR_USDT
KuCoin HBARUSDTM
Bitget HBARUSDT
BingX HBAR-USDT
Variational Omni HBAR
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Deribit HBAR_USDC-PERPETUAL
BloFin HBAR-USDT