Funding you earn now, next payment 07:00 UTC−0.0089%/8h= −9.7% APRnext payment −$0.11 per $10,000 · paid last 24h −0.047%
Price spread now: gTrade (Gains Network) against Hyperliquid+0.106%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
The price spread pays, funding is against you. gTrade (Gains Network) is 0.106% dearer against Hyperliquid than usual: you sell high and buy low (spread +0.106% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid HBAR | 0.09265 | 0.0100 | pay 0.0013% / 1h | 42m 47s | $8.6M | $3.7M | 5x |
| Short | gTrade (Gains Network) HBAR/USD | 0.09275 | L +0.0007% / S −0.0011% | get 0.0001% / 1h | 42m 47s | $9K | — | 150x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Hyperliquid. 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
- −$18.67
- Price spread: +0.106% → 0.000%
- $10.62
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$27.05
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 10 min ago; gTrade (Gains Network): 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 Hyperliquid live order book, 10 min ago | 0.43 bp | 6.8 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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 | −0.0667% | 1h | 0.09266 | +0.008% | $33K | $202K | 15x | as long as short |
| Kraken Futures PF_HBARUSD | −0.0267% | 1h | 0.09270 | +0.046% | $1.3M | $3.0M | 50x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09267 | +0.017% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09275 | +0.105% | $511K | $178K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USDshort | L +0.0007% / S −0.0011% | 1h | 0.09275 | +0.106% | $9K | — | 150x | |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | +0.180% | $1K | $103K | 12x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0077% | 8h | 0.09269 | +0.040% | $4K | $16K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0080% | 1h | 0.09268 | +0.029% | $211K | $2.3M | 50x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09255 | −0.111% | $557K | $600K | 5x | as long as short |
| Hyperliquid HBARlong | +0.0100% | 1h | 0.09265 | long leg | $8.6M | $3.7M | 5x |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HBARUSDT | +0.0100% | 8h | 0.09263 | −0.021% | $199K | $333K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09254 | −0.121% | $34.1M | $112.1M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09256 | −0.100% | $31.7M | $36.0M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09254 | −0.122% | $6.5M | $25.4M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09261 | −0.046% | $2.4M | $2.7M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09253 | −0.133% | $24.9M | $19.7M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09262 | −0.036% | $7.4M | $7.5M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09256 | −0.100% | $17.2M | $16.0M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09258 | −0.079% | — | $6.7M | — | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09256 | −0.102% | $1.0M | $187K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09264 | −0.019% | $373K | $3.0M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09267 | +0.018% | $150K | $704K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09266 | +0.008% | $430 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09273 | +0.083% | $70K | $70K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09270 | +0.051% | $2.1M | $2.2M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09258 | −0.078% | $60K | $238K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09264 | −0.014% | $1.5M | $5.7M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0360% / S −0.0261% | 1h | 0.09275 | +0.105% | $83K | — | 100x | as long as short |
Hyperliquid HBAR
gTrade (Gains Network) HBAR/USD
Backpack HBAR_USDC_PERP
Kraken Futures PF_HBARUSD
Deribit HBAR_USDC-PERPETUAL
Injective HBAR/USDC PERP
Coinbase International HBAR-PERP-INTX
Lighter HBAR
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
MEXC HBAR_USDT
KuCoin HBARUSDTM
Bitget HBARUSDT
BingX HBAR-USDC
Variational Omni HBAR
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]