Funding you earn now, next payment 09:00 UTC−0.0092%/8h= −10.1% APRpaid last 24h −0.027%
Price spread now: gTrade (Gains Network) against Phemex−0.091%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.091% cheaper against Phemex than usual: you would sell low and buy high (−$9 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 | Phemex HBARUSDT | 0.09575 | 0.0100 | pay 0.0100% / 8h | 7h 45m | $2.3M | $2.6M | 50x |
| Short | gTrade (Gains Network) HBAR/USD | 0.09566 | L +0.0007% / S −0.0008% | get 0.0001% / 1h | 45m 04s | $11K | — | 150x |
Phemex HBARUSDT
gTrade (Gains Network) HBAR/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Phemex. 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
- −$19.37
- Price spread: −0.091% → 0.000%
- −$9.07
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$50.44
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Phemex: live order book, 3 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 Phemex live order book, 3 min ago | 1.57 bp | 19.3 bp −$19 | 41.8 bp −$418 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) HBAR/USDshort | L +0.0007% / S −0.0008% | 1h | 0.09566 | −0.091% | $11K | — | 150x | |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | −3.060% | $1K | $96K | 12x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0064% | 1h | 0.09572 | −0.031% | $527K | $177K | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0085% | 8h | 0.09562 | −0.136% | $2K | $12K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0088% | 1h | 0.09571 | −0.042% | $231K | $2.7M | 50x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09566 | −0.094% | $574K | $600K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09592 | +0.174% | $8.9M | $3.8M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09584 | +0.090% | $223K | $348K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09582 | +0.073% | $36.0M | $114.3M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09580 | +0.052% | $33.4M | $37.4M | 75x | as long as short |
Injective HBAR/USDC PERP
Deribit HBAR_USDC-PERPETUAL
Orderly PERP_HBAR_USDC
Coinbase International HBAR-PERP-INTX
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09582 | +0.073% | $6.8M | $26.8M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09573 | −0.021% | $2.5M | $2.8M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09576 | +0.010% | $26.6M | $20.3M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09569 | −0.063% | $7.6M | $7.5M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09581 | +0.063% | $17.3M | $17.2M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09578 | +0.031% | — | $7.5M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09584 | +0.094% | $36K | $200K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09549 | −0.272% | $1.1M | $179K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09539 | −0.376% | $385K | $3.3M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09540 | −0.366% | $155K | $700K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09566 | −0.094% | $444 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09570 | −0.052% | $73K | $74K | 20x | as long as short |
| Phemex HBARUSDTlong | +0.0100% | 8h | 0.09575 | long leg | $2.3M | $2.6M | 50x | |
| Extended HBAR-USD | +0.0104% | 1h | 0.09562 | −0.132% | $50K | $308K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09566 | −0.094% | $1.5M | $5.9M | 90x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0283% | 1h | 0.09574 | −0.015% | $1.4M | $3.1M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0366% / S −0.0286% | 1h | 0.09566 | −0.093% | $83K | — | 100x | as long as short |
| dYdX HBAR-USD | +0.0413% | 1h | 0.09557 | −0.184% | $31K | $11K | 5x | as long as short |
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
MEXC HBAR_USDT
KuCoin HBARUSDTM
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
Extended HBAR-USD
BloFin HBAR-USDT
Kraken Futures PF_HBARUSD
GMX HBAR/USD [WBTC.b-USDC]
dYdX HBAR-USD