Funding you earn now, next payment 01:00 UTC+0.0459%/8h= +50.2% APRnext payment +$0.57 per $10,000 · paid last 24h +0.100%
Price spread now: GMX against Lighter−0.142%7-day average +0.092% · 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)+0.416%+$42 on $10k
+Price spread, last 3 days (all we have)+0.268%+$27 · spread now −0.142%, 7d avg +0.092%
=Together, before fees+0.684%+ Points / potential airdropLighter: Season 3 · farm board+$68 on $10k · with fees, hour by hour
Funding pays, the price is against you. GMX is 0.235% cheaper against Lighter than usual: you would sell low and buy high (spread −0.142% now, against its 7-day average of +0.092%). If the spread goes back, that is −$23 on $10k: about 41 hours of funding at the current rate (+$14 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter HBAR | 0.09344 | 0.0096 | pay 0.0012% / 1h | 59m 16s | $572K | $546K | 5x |
| Short | GMX HBAR/USD [WBTC.b-USDC] | 0.09331 | L +0.0490% / S −0.0555% | get 0.0069% / 1h | 59m 16s | $117K | — | 100x |
Lighter HBAR
GMX HBAR/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Lighter. 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
- $96.31
- Price spread: −0.142% → +0.092%
- −$23.47
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $60.84
- Costs to cover
- 0.120%
- Break-even
- 2.6 days
Slippage unknown: Lighter: live order book, 6 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 Lighter live order book, 6 min ago | 2.69 bp | 3.7 bp −$4 | 68.8 bp −$688 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HBARUSDTM | −0.0071% | 8h | 0.09336 | −0.086% | $7.4M | $7.9M | 75x | as long as short |
| Gate HBAR_USDT | −0.0029% | 8h | 0.09335 | −0.096% | $2.4M | $3.3M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09338 | −0.062% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09332 | −0.124% | $8K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09267 | −0.824% | $1K | $106K | 12x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0056% | 1h | 0.09332 | −0.128% | $221K | $2.2M | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0057% | 1h | 0.09341 | −0.033% | $1.4M | $2.3M | 50x | as long as short |
| Variational Omni HBAR | +0.0075% | 8h | 0.09336 | −0.083% | $1.0M | $202K | — | as long as short |
| Orderly PERP_HBAR_USDC | +0.0080% | 8h | 0.09329 | −0.161% | $2K | $17K | 10x | as long as short |
| MEXC HBAR_USDT | +0.0087% | 8h | 0.09330 | −0.150% | $26.0M | $22.1M | 200x | as long as short |
KuCoin HBARUSDTM
Gate HBAR_USDT
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Coinbase International HBAR-PERP-INTX
Kraken Futures PF_HBARUSD
Variational Omni HBAR
Orderly PERP_HBAR_USDC
MEXC HBAR_USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance HBARUSDT | +0.0087% | 8h | 0.09330 | −0.146% | $35.1M | $109.8M | 75x | as long as short |
| Extended HBAR-USD | +0.0088% | 1h | 0.09329 | −0.160% | $52K | $218K | 10x | as long as short |
| Lighter HBARlong | +0.0096% | 1h | 0.09344 | long leg | $572K | $546K | 5x | |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09347 | +0.031% | $8.9M | $2.9M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09342 | −0.025% | $213K | $429K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09330 | −0.150% | $33.2M | $36.6M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09333 | −0.118% | $6.9M | $25.4M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09333 | −0.118% | $17.3M | $14.8M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09332 | −0.128% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09352 | +0.086% | $34K | $101K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09337 | −0.075% | $383K | $2.2M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09335 | −0.096% | $149K | $710K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09333 | −0.118% | $433 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09367 | +0.246% | $74K | $55K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09344 | 0.000% | $2.2M | $2.2M | 50x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0178% | 1h | 0.09341 | −0.032% | $514K | $166K | 50x | as long as short |
| BloFin HBAR-USDT | +0.0207% | 8h | 0.09338 | −0.064% | $1.5M | $5.8M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC]short | L +0.0490% / S −0.0555% | 1h | 0.09331 | −0.142% | $117K | — | 100x |
Binance HBARUSDT
Extended HBAR-USD
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Deribit HBAR_USDC-PERPETUAL
BloFin HBAR-USDT