Funding you earn now, next payment 12:00 UTC+0.0278%/8h= +30.5% APRnext payment +$0.35 per $10,000 · paid last 24h +0.094%
Price spread now: GMX against SoDEX−0.172%55s7-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
Funding pays, the price is against you. GMX is 0.172% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.172% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 2.1 days of funding at the current rate (+$8 a day). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX HBAR-USD | 0.09315 | 0.0100 | pay 0.0013% / 1h | 49m 29s | $432 | $5K | 5x |
| Short | GMX HBAR/USD [WBTC.b-USDC] | 0.09299 | L +0.0369% / S −0.0378% | get 0.0047% / 1h | 49m 29s | $77K | — | 100x |
SoDEX HBAR-USD
GMX HBAR/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against SoDEX. 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
- $58.48
- Price spread: −0.172% → 0.000%
- −$17.18
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $21.3
- Costs to cover
- 0.200%
- Break-even
- 4.5 days
Slippage unknown: SoDEX: no order-book sample; 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
SoDEX and 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective HBAR/USDC PERP | −0.5000% | 1h | 0.08783 | −5.711% | $4K | $101K | 12x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0008% | 1h | 0.09294 | −0.224% | $10K | — | 150x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0070% | 1h | 0.09317 | +0.017% | $1.5M | $4.0M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0090% | 8h | 0.09311 | −0.043% | $4K | $11K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09299 | −0.172% | $569K | $514K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09323 | +0.086% | $8.4M | $4.3M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09314 | −0.009% | $199K | $370K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09310 | −0.054% | $34.7M | $114.6M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09316 | +0.011% | $32.3M | $38.8M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09317 | +0.021% | $6.4M | $25.8M | 50x | as long as short |
Injective HBAR/USDC PERP
gTrade (Gains Network) HBAR/USD
Kraken Futures PF_HBARUSD
Orderly PERP_HBAR_USDC
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAPShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate HBAR_USDT | +0.0100% | 8h | 0.09306 | −0.097% | $2.6M | $3.7M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09307 | −0.086% | $27.3M | $20.4M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09308 | −0.075% | $6.9M | $7.1M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09313 | −0.021% | $17.5M | $19.7M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09293 | −0.236% | — | $6.8M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09306 | −0.097% | $36K | $203K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09307 | −0.086% | $1.0M | $99K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09297 | −0.189% | $375K | $3.9M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09302 | −0.140% | $151K | $694K | 50x | as long as short |
| SoDEX HBAR-USDlong | +0.0100% | 1h | 0.09315 | long leg | $432 | $5K | 5x | |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09344 | +0.311% | $71K | $69K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09303 | −0.129% | $2.4M | $3.3M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09302 | −0.140% | $53K | $330K | 10x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0179% | 1h | 0.09324 | +0.097% | $524K | $223K | 50x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0184% | 1h | 0.09323 | +0.086% | $215K | $3.0M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09303 | −0.129% | $1.5M | $5.9M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC]short | L +0.0369% / S −0.0378% | 1h | 0.09299 | −0.172% | $77K | — | 100x | |
| dYdX HBAR-USD | +0.0854% | 1h | 0.09301 | −0.155% | $40K | $21K | 5x | as long as short |
Gate HBAR_USDT
MEXC HBAR_USDT
KuCoin HBARUSDTM
Bitget HBARUSDT
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
Variational Omni HBAR
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
Deribit HBAR_USDC-PERPETUAL
Coinbase International HBAR-PERP-INTX
BloFin HBAR-USDT
dYdX HBAR-USD