Funding you earn now, next payment 00:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.18 per $10,000 · paid last 24h +0.016%
Price spread now: GRVT against Variational Omni+0.040%7-day average −0.020% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.086%+$9 on $10k
+Price spread, last 3 days (all we have)−0.037%−$4 · spread now +0.040%, 7d avg −0.020%
=Together, before fees+0.049%+ Points / potential airdropVariational Omni: Active · GRVT: Active · farm board+$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and GRVT is 0.060% dearer against Variational Omni than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni HBAR | 0.09262 | 0.0082 | pay 0.0082% / 8h | 31m 18s | $1.0M | $198K | — |
| Short | GRVT HBAR_USDT_Perp | 0.09266 | 0.0100 | get 0.0100% / 8h | 31m 18s | $377K | $2.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $3.8
- Price spread: +0.040% → −0.020%
- $5.98
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $0.78
- Costs to cover
- 0.090%
- Break-even
- 5.6 days
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; GRVT: live order book, 2 min ago. 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, 3 min ago | 3.79 bp | doesn't fit | 20.0 bp −$200 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 2 min ago | 1.62 bp | 7.9 bp −$8 | 31.3 bp −$313 | doesn't fit | doesn't fit |
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 | −0.0042% | 8h | 0.09261 | −0.015% | $7.4M | $7.8M | 75x | as long as short |
| Gate HBAR_USDT | −0.0020% | 8h | 0.09262 | −0.005% | $2.4M | $3.6M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09270 | +0.085% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09269 | +0.071% | $510K | $166K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09270 | +0.076% | $8K | — | 150x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09269 | +0.071% | $222K | $2.2M | 50x | as long as short |
| Variational Omni HBARlong | +0.0082% | 8h | 0.09262 | long leg | $1.0M | $198K | — | |
| Orderly PERP_HBAR_USDC | +0.0082% | 8h | 0.09261 | −0.015% | $2K | $17K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09260 | −0.026% | $568K | $591K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09280 | +0.191% | $8.8M | $2.8M | 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 | 0.09267 | +0.045% | $211K | $429K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09263 | +0.011% | $34.8M | $109.9M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09263 | +0.006% | $33.0M | $36.7M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09263 | +0.006% | $6.8M | $25.0M | 50x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09263 | +0.006% | $26.0M | $22.5M | 200x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09264 | +0.017% | $17.1M | $14.9M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09264 | +0.017% | — | $6.0M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09266 | +0.038% | $34K | $102K | 15x | as long as short |
| GRVT HBAR_USDT_Perpshort | +0.0100% | 8h | 0.09266 | +0.040% | $377K | $2.2M | 10x | |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09272 | +0.103% | $148K | $707K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09260 | −0.026% | $430 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09281 | +0.200% | $73K | $53K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09261 | −0.015% | $2.2M | $2.2M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09262 | −0.008% | $51K | $218K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09261 | −0.015% | $1.5M | $5.8M | 90x | as long as short |
| Injective HBAR/USDC PERP | +0.0242% | 1h | 0.09267 | +0.049% | $1K | $112K | 12x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0413% | 1h | 0.09269 | +0.066% | $1.4M | $2.3M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0447% / S −0.0478% | 1h | 0.09269 | +0.070% | $104K | — | 100x | as long as short |
Variational Omni HBAR
GRVT HBAR_USDT_Perp
KuCoin HBARUSDTM
Gate HBAR_USDT
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Coinbase International HBAR-PERP-INTX
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
MEXC HBAR_USDT
Bitget HBARUSDT
BingX HBAR-USDT
Backpack HBAR_USDC_PERP
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
BloFin HBAR-USDT
Injective HBAR/USDC PERP
Kraken Futures PF_HBARUSD
GMX HBAR/USD [WBTC.b-USDC]