Funding you earn now, next payment 07:00 UTC+0.0161%/8h= +17.6% APRpaid last 24h +0.111%
Price spread now: GMX against KuCoin+0.008%7-day average +0.030% · 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)+0.280%+$28 on $10k
+Price spread, last 4 days (all we have)+0.020%+$2 · spread now +0.008%, 7d avg +0.030%
=Funding pays, the price is against you. GMX is 0.023% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.008% now, against its 7-day average of +0.030%). If the spread goes back, that is −$2 on $10k: about 11 hours of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin HBARUSDTM | 0.09293 | 0.0100 | pay 0.0100% / 8h | 1h 57m | $7.4M | $7.5M | 75x |
| Short | GMX HBAR/USD [WBTC.b-USDC] | 0.09294 | L +0.0360% / S −0.0261% | get 0.0033% / 1h | 57m 36s | $84K | — | 100x |
KuCoin HBARUSDTM
GMX HBAR/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against KuCoin. 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
- $33.75
- Price spread: +0.008% → +0.030%
- −$2.27
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $7.48
- Costs to cover
- 0.240%
- Break-even
- 5.4 days
Slippage unknown: KuCoin: live order book, 10 min ago; GMX: 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 KuCoin live order book, 10 min ago | 1.62 bp | 16.7 bp −$17 | 46.8 bp −$468 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
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 | −0.0532% | 1h | 0.09290 | −0.032% | $31K | $201K | 15x | as long as short |
| Kraken Futures PF_HBARUSD | −0.0266% | 1h | 0.09290 | −0.035% | $1.3M | $3.0M | 50x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09290 | −0.031% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0011% | 1h | 0.09291 | −0.020% | $9K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | −0.118% | $1K | $103K | 12x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0073% | 1h | 0.09295 | +0.022% | $512K | $179K | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0077% | 8h | 0.09285 | −0.086% | $4K | $16K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0080% | 1h | 0.09289 | −0.043% | $215K | $2.3M | 50x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09287 | −0.065% | $561K | $597K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09302 | +0.094% | $8.7M | $3.7M | 5x | as long as short |
Backpack HBAR_USDC_PERP
Kraken Futures PF_HBARUSD
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Deribit HBAR_USDC-PERPETUAL
Orderly PERP_HBAR_USDC
Coinbase International HBAR-PERP-INTX
Lighter HBAR
Hyperliquid HBARShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HBARUSDT | +0.0100% | 8h | 0.09279 | −0.145% | $199K | $333K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09274 | −0.204% | $34.0M | $111.9M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09279 | −0.151% | $32.0M | $35.8M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09279 | −0.151% | $6.5M | $25.5M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09280 | −0.140% | $2.4M | $2.7M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09286 | −0.075% | $25.0M | $19.6M | 200x | as long as short |
| KuCoin HBARUSDTMlong | +0.0100% | 8h | 0.09293 | long leg | $7.4M | $7.5M | 75x | |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09276 | −0.183% | $17.2M | $16.0M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09273 | −0.215% | — | $6.7M | — | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09269 | −0.261% | $1.0M | $187K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09270 | −0.250% | $381K | $3.0M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09276 | −0.183% | $151K | $707K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09285 | −0.086% | $431 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09314 | +0.226% | $71K | $70K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09286 | −0.075% | $2.1M | $2.3M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09271 | −0.235% | $48K | $226K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09270 | −0.247% | $1.5M | $5.7M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC]short | L +0.0360% / S −0.0261% | 1h | 0.09294 | +0.008% | $84K | — | 100x |
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
MEXC HBAR_USDT
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