Funding you earn now, next payment 23:00 UTC−0.0355%/8h= −38.9% APRpaid last 24h −0.107%
Price spread now: MEXC against GMX+0.005%7-day average −0.049% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.295%−$29 on $10k
+Price spread, last 3 days (all we have)−0.049%−$5 · spread now +0.005%, 7d avg −0.049%
=The price spread pays, funding is against you. MEXC is 0.054% dearer against GMX than usual: you sell high and buy low (spread +0.005% now, against its 7-day average of −0.049%): +$5 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 12 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX HBAR/USD [WBTC.b-USDC] | 0.09290 | L +0.0448% / S −0.0478% | pay 0.0056% / 1h | 28m 44s | $104K | — | 100x |
| Short | MEXC HBAR_USDT | 0.09290 | 0.0093 | get 0.0093% / 8h | 1h 28m | $26.0M | $22.6M | 200x |
GMX HBAR/USD [WBTC.b-USDC]
MEXC HBAR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$74.59
- Price spread: +0.005% → −0.049%
- $5.42
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$81.17
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; MEXC: 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 MEXC live order book, 5 min ago | 0.54 bp | 3.0 bp −$3 | 9.8 bp −$98 | 34.3 bp −$3,427 | 111.6 bp −$55.8K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective HBAR/USDC PERP | −0.0153% | 1h | 0.09267 | −0.242% | $1K | $112K | 12x | as long as short |
| KuCoin HBARUSDTM | −0.0017% | 8h | 0.09288 | −0.016% | $7.4M | $7.9M | 75x | as long as short |
| Gate HBAR_USDT | −0.0012% | 8h | 0.09291 | +0.016% | $2.4M | $3.6M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09293 | +0.035% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09289 | −0.002% | $8K | — | 150x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09284 | −0.059% | $223K | $2.2M | 50x | as long as short |
| Variational Omni HBAR | +0.0072% | 8h | 0.09264 | −0.271% | $1.0M | $197K | — | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0073% | 1h | 0.09295 | +0.059% | $512K | $151K | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0077% | 8h | 0.09284 | −0.059% | $2K | $17K | 10x | as long as short |
| MEXC HBAR_USDTshort | +0.0093% | 8h | 0.09290 | +0.005% | $26.0M | $22.6M | 200x |
Injective HBAR/USDC PERP
KuCoin HBARUSDTM
Gate HBAR_USDT
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Coinbase International HBAR-PERP-INTX
Variational Omni HBAR
Deribit HBAR_USDC-PERPETUAL
Orderly PERP_HBAR_USDCShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance HBARUSDT | +0.0094% | 8h | 0.09293 | +0.038% | $34.9M | $110.6M | 75x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09295 | +0.059% | $570K | $591K | 5x | as long as short |
| Extended HBAR-USD | +0.0096% | 1h | 0.09289 | −0.003% | $51K | $218K | 10x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09306 | +0.183% | $8.9M | $2.9M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09294 | +0.045% | $212K | $429K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09296 | +0.070% | $33.1M | $37.1M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09292 | +0.027% | $6.8M | $25.2M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09296 | +0.070% | $17.1M | $14.8M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09293 | +0.038% | — | $5.9M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09295 | +0.059% | $34K | $102K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09259 | −0.329% | $374K | $2.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09286 | −0.038% | $149K | $708K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09289 | −0.005% | $431 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09294 | +0.048% | $73K | $53K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09291 | +0.016% | $2.2M | $2.2M | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0193% | 1h | 0.09297 | +0.081% | $1.4M | $2.2M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0214% | 8h | 0.09290 | +0.005% | $1.5M | $5.6M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC]long | L +0.0448% / S −0.0478% | 1h | 0.09290 | long leg | $104K | — | 100x |
Binance HBARUSDT
Lighter HBAR
Extended HBAR-USD
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDT
Backpack HBAR_USDC_PERP
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Kraken Futures PF_HBARUSD
BloFin HBAR-USDT