Funding you earn now, next payment 07:00 UTC+0.0161%/8h= +17.6% APRpaid last 24h +0.092%
Price spread now: GMX against OKX−0.069%7-day average +0.066% · 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)+0.253%+$25 on $10k
+Price spread, last 4 days (all we have)+0.143%+$14 · spread now −0.069%, 7d avg +0.066%
=Funding pays, the price is against you. GMX is 0.135% cheaper against OKX than usual: you would sell low and buy high (spread −0.069% now, against its 7-day average of +0.066%). If the spread goes back, that is −$13 on $10k: about 2.8 days of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX HBAR-USDT-SWAP | 0.09342 | 0.0100 | pay 0.0100% / 8h | 1h 06m | $6.6M | $25.1M | 50x |
| Short | GMX HBAR/USD [WBTC.b-USDC] | 0.09336 | L +0.0360% / S −0.0261% | get 0.0033% / 1h | 6m 59s | $84K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against OKX. 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: −0.069% → +0.066%
- −$13.5
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$1.75
- Costs to cover
- 0.220%
- Break-even
- 7.4 days
Slippage unknown: OKX: live order book, 2 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 OKX live order book, 2 min ago | 0.54 bp | 10.2 bp −$10 | 21.1 bp −$211 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_HBARUSD | −0.0265% | 1h | 0.09341 | −0.011% | $1.3M | $3.0M | 50x | as long as short |
| Backpack HBAR_USDC_PERP | −0.0257% | 1h | 0.09338 | −0.043% | $35K | $201K | 15x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09317 | −0.264% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0011% | 1h | 0.09335 | −0.070% | $9K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | −0.642% | $1K | $103K | 12x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0071% | 1h | 0.09341 | −0.011% | $514K | $178K | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0078% | 8h | 0.09332 | −0.107% | $4K | $10K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0080% | 1h | 0.09324 | −0.193% | $206K | $2.3M | 50x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09334 | −0.086% | $562K | $600K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09347 | +0.054% | $8.7M | $3.7M | 5x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HBARUSDT | +0.0100% | 8h | 0.09341 | −0.013% | $201K | $329K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09337 | −0.053% | $34.3M | $111.6M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09342 | 0.000% | $32.0M | $35.9M | 75x | as long as short |
| OKX HBAR-USDT-SWAPlong | +0.0100% | 8h | 0.09342 | long leg | $6.6M | $25.1M | 50x | |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09337 | −0.054% | $2.4M | $2.7M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09339 | −0.032% | $25.5M | $20.1M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09336 | −0.064% | $7.4M | $7.5M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09340 | −0.021% | $17.3M | $15.9M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09337 | −0.054% | — | $6.7M | — | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09310 | −0.345% | $1.0M | $183K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09317 | −0.272% | $378K | $3.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09320 | −0.235% | $151K | $704K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09333 | −0.096% | $433 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09336 | −0.064% | $71K | $70K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09335 | −0.075% | $2.2M | $2.1M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09330 | −0.125% | $53K | $233K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09327 | −0.161% | $1.5M | $5.7M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC]short | L +0.0360% / S −0.0261% | 1h | 0.09336 | −0.069% | $84K | — | 100x |
OKX HBAR-USDT-SWAP
GMX HBAR/USD [WBTC.b-USDC]
Kraken Futures PF_HBARUSD
Backpack HBAR_USDC_PERP
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Deribit HBAR_USDC-PERPETUAL
Coinbase International HBAR-PERP-INTX
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
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