Funding you earn now, next payment 08:00 UTC+0.0165%/8h= +18.1% APRpaid last 24h +0.129%
Price spread now: GMX against Variational Omni−0.272%7-day average +0.064% · 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)+0.354%+$35 on $10k
+Price spread, last 4 days (all we have)+0.338%+$34 · spread now −0.272%, 7d avg +0.064%
=Together, before fees+0.692%+ Points / potential airdropVariational Omni: Active · farm board+$69 on $10k · with fees, hour by hour
Funding pays, the price is against you. GMX is 0.336% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.272% now, against its 7-day average of +0.064%). If the spread goes back, that is −$34 on $10k: about 6.8 days of funding at the current rate (+$5 a day). At the pace of the last 3 days (+0.354% in total) that is about 3.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni HBAR | 0.09492 | 0.0100 | pay 0.0100% / 8h | 1m 48s | $1.1M | $179K | — |
| Short | GMX HBAR/USD [WBTC.b-USDC] | 0.09466 | L +0.0366% / S −0.0265% | get 0.0033% / 1h | 1m 48s | $86K | — | 100x |
Variational Omni HBAR
GMX HBAR/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Variational Omni. 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
- $34.63
- Price spread: −0.272% → +0.064%
- −$33.63
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$11
- Costs to cover
- 0.120%
- Break-even
- 9.2 days
Slippage unknown: Variational Omni: RFQ quote, 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 Variational Omni RFQ quote, 2 min ago | 3.69 bp | doesn't fit | 19.5 bp −$195 | 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 | −0.0144% | 1h | 0.09474 | −0.195% | $1.3M | $3.0M | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0008% | 1h | 0.09467 | −0.265% | $11K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | −2.215% | $1K | $103K | 12x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0067% | 1h | 0.09471 | −0.224% | $522K | $178K | 50x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0080% | 1h | 0.09473 | −0.202% | $214K | $2.6M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0082% | 8h | 0.09462 | −0.318% | $2K | $12K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09464 | −0.297% | $568K | $601K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09470 | −0.234% | $8.8M | $3.7M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09469 | −0.241% | $204K | $323K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09468 | −0.255% | $35.4M | $113.1M | 75x | as long as short |
Kraken Futures PF_HBARUSD
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Deribit HBAR_USDC-PERPETUAL
Coinbase International HBAR-PERP-INTX
Orderly PERP_HBAR_USDC
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Binance HBARUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit HBARUSDT | +0.0100% | 8h | 0.09468 | −0.255% | $32.7M | $36.6M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09463 | −0.308% | $6.7M | $25.7M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09466 | −0.276% | $2.5M | $2.8M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09461 | −0.329% | $26.2M | $20.3M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09466 | −0.276% | $7.5M | $7.5M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09465 | −0.287% | $17.3M | $16.8M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09466 | −0.276% | — | $7.3M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09465 | −0.287% | $40K | $200K | 15x | as long as short |
| Variational Omni HBARlong | +0.0100% | 8h | 0.09492 | long leg | $1.1M | $179K | — | |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09476 | −0.172% | $384K | $3.3M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09480 | −0.129% | $154K | $700K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09463 | −0.308% | $439 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09478 | −0.150% | $73K | $74K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09466 | −0.276% | $2.2M | $2.6M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09460 | −0.336% | $49K | $308K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09471 | −0.224% | $1.5M | $5.8M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC]short | L +0.0366% / S −0.0265% | 1h | 0.09466 | −0.272% | $86K | — | 100x | |
| dYdX HBAR-USD | +0.1672% | 1h | 0.09472 | −0.209% | $31K | $11K | 5x | as long as short |
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
MEXC HBAR_USDT
KuCoin HBARUSDTM
Bitget HBARUSDT
BingX HBAR-USDT
Backpack HBAR_USDC_PERP
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
BloFin HBAR-USDT
dYdX HBAR-USD