Funding you earn now, next payment 05:00 UTC−0.0270%/8h= −29.5% APRpaid last 24h −0.096%
Price spread now: Orderly against GMX−0.050%7-day average — · 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)—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 −$8 a day on $10k at the current rate, and Orderly is 0.050% cheaper against GMX than usual: you would sell low and buy high (−$5 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] | 0.09416 | L +0.0350% / S −0.0243% | pay 0.0044% / 1h | 56m 39s | $81K | — | 100x |
| Short | Orderly PERP_HBAR_USDC | 0.09411 | 0.0080 | get 0.0080% / 8h | 3h 56m | $2K | $14K | 10x |
GMX HBAR/USD [WBTC.b-USDC]
Orderly PERP_HBAR_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$56.6
- Price spread: −0.050% → 0.000%
- −$4.99
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$79.59
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Orderly: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy GMX no order-book sample | — | — | — | — | — |
| Sell Orderly no order-book sample | — | — | — | — | — |
GMX and Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX HBAR-USD | 0.0000% | 1h | 0.09434 | +0.195% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0011% | 1h | 0.09415 | −0.004% | $9K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | −1.420% | $1K | $105K | 12x | as long as short |
| KuCoin HBARUSDTM | +0.0054% | 8h | 0.09433 | +0.184% | $7.2M | $7.3M | 75x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0080% | 1h | 0.09419 | +0.035% | $234K | $2.2M | 50x | as long as short |
| Orderly PERP_HBAR_USDCshort | +0.0080% | 8h | 0.09411 | −0.050% | $2K | $14K | 10x | |
| Lighter HBAR | +0.0096% | 1h | 0.09426 | +0.109% | $569K | $599K | 5x | as long as short |
| Gate HBAR_USDT | +0.0097% | 8h | 0.09430 | +0.152% | $2.4M | $2.7M | 75x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09434 | +0.189% | $215K | $328K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09428 | +0.131% | $35.0M | $107.9M | 75x | as long as short |
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
KuCoin HBARUSDTM
Coinbase International HBAR-PERP-INTX
Lighter HBAR
Gate HBAR_USDT
Aster HBARUSDT
Binance HBARUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit HBARUSDT | +0.0100% | 8h | 0.09430 | +0.152% | $33.3M | $34.8M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09432 | +0.173% | $6.7M | $25.5M | 50x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09429 | +0.141% | $26.3M | $19.4M | 200x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09431 | +0.162% | $17.2M | $15.2M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09431 | +0.162% | — | $6.4M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09422 | +0.067% | $39K | $201K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09412 | −0.041% | $1.0M | $187K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09399 | −0.176% | $383K | $2.6M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09400 | −0.167% | $152K | $711K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09419 | +0.035% | $437 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09420 | +0.046% | $71K | $68K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09421 | +0.056% | $2.2M | $2.1M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09430 | +0.155% | $50K | $277K | 10x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0175% | 1h | 0.09425 | +0.099% | $519K | $186K | 50x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09422 | +0.067% | $1.5M | $5.5M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC]long | L +0.0350% / S −0.0243% | 1h | 0.09416 | long leg | $81K | — | 100x | |
| Kraken Futures PF_HBARUSD | +0.0356% | 1h | 0.09426 | +0.114% | $1.3M | $2.8M | 50x | as long as short |
| Hyperliquid HBAR | +0.0645% | 1h | 0.09448 | +0.347% | $9.5M | $3.2M | 5x | as long as short |
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
MEXC HBAR_USDT
Bitget HBARUSDT
BingX HBAR-USDT
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
Deribit HBAR_USDC-PERPETUAL
BloFin HBAR-USDT
Kraken Futures PF_HBARUSD
Hyperliquid HBAR