Funding you earn now, next payment 23:00 UTC+0.0519%/8h= +56.8% APRpaid last 24h +0.062%
Price spread now: GMX against Gate+0.063%7-day average +0.038% · 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)+0.207%+$21 on $10k
+Price spread, last 3 days (all we have)−0.059%−$6 · spread now +0.063%, 7d avg +0.038%
=Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and GMX is 0.025% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate HBAR_USDT | 0.09189 | −0.0041 | get 0.0041% / 8h | 1h 58m | $2.4M | $3.5M | 75x |
| Short | GMX HBAR/USD [WBTC.b-USDC] | 0.09195 | L +0.0445% / S −0.0478% | get 0.0060% / 1h | 58m 37s | $103K | — | 100x |
Gate HBAR_USDT
GMX HBAR/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Gate. 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
- $109.01
- Price spread: +0.063% → +0.038%
- $2.55
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $84.55
- Costs to cover
- 0.270%
- Break-even
- 1.6 days
Slippage unknown: Gate: live order book, 4 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 Gate live order book, 4 min ago | 2.72 bp | 19.0 bp −$19 | 55.7 bp −$557 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective HBAR/USDC PERP | −0.0153% | 1h | 0.09234 | +0.490% | $2K | $112K | 12x | as long as short |
| Gate HBAR_USDTlong | −0.0041% | 8h | 0.09189 | long leg | $2.4M | $3.5M | 75x | |
| KuCoin HBARUSDTM | −0.0018% | 8h | 0.09186 | −0.033% | $7.4M | $7.9M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09190 | +0.015% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09197 | +0.087% | $506K | $151K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09194 | +0.053% | $8K | — | 150x | as long as short |
| Variational Omni HBAR | +0.0048% | 8h | 0.09185 | −0.043% | $1.0M | $197K | — | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09185 | −0.044% | $221K | $2.2M | 50x | as long as short |
| Extended HBAR-USD | +0.0072% | 1h | 0.09186 | −0.032% | $51K | $218K | 10x | as long as short |
| MEXC HBAR_USDT | +0.0072% | 8h | 0.09188 | −0.011% | $24.2M | $22.0M | 200x | as long as short |
Injective HBAR/USDC PERP
KuCoin HBARUSDTM
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Variational Omni HBAR
Coinbase International HBAR-PERP-INTX
Extended HBAR-USD
MEXC HBAR_USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance HBARUSDT | +0.0073% | 8h | 0.09188 | −0.011% | $34.5M | $110.5M | 75x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09189 | 0.000% | $2K | $16K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09188 | −0.011% | $564K | $590K | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09188 | −0.015% | $210K | $429K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09187 | −0.022% | $32.7M | $37.1M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09188 | −0.011% | $6.8M | $24.7M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09187 | −0.022% | $16.9M | $14.8M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09189 | 0.000% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09195 | +0.065% | $32K | $103K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09184 | −0.050% | $374K | $2.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09185 | −0.044% | $147K | $709K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09189 | 0.000% | $427 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09207 | +0.196% | $72K | $53K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09192 | +0.033% | $2.2M | $2.1M | 50x | as long as short |
| Hyperliquid HBAR | +0.0177% | 1h | 0.09200 | +0.122% | $8.8M | $2.9M | 5x | as long as short |
| BloFin HBAR-USDT | +0.0193% | 8h | 0.09186 | −0.033% | $1.4M | $5.5M | 90x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0195% | 1h | 0.09199 | +0.107% | $1.4M | $2.3M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC]short | L +0.0445% / S −0.0478% | 1h | 0.09195 | +0.063% | $103K | — | 100x |
Binance HBARUSDT
Orderly PERP_HBAR_USDC
Lighter HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Hyperliquid HBAR
BloFin HBAR-USDT
Kraken Futures PF_HBARUSD