Funding you earn now, next payment 23:00 UTC−0.0348%/8h= −38.1% APRnext payment −$0.44 per $10,000 · paid last 24h −0.085%
Price spread now: ApeX Omni against GMX−0.041%68s7-day average −0.016% · 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)−0.268%−$27 on $10k
+Price spread, last 3 days (all we have)+0.072%+$7 · spread now −0.041%, 7d avg −0.016%
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and ApeX Omni is 0.024% cheaper against GMX than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.016%). Swap the legs. The two prices were read 68 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 | GMX HBAR/USD [WBTC.b-USDC] | 0.09292 | L +0.0448% / S −0.0478% | pay 0.0056% / 1h | 24m 06s | $104K | — | 100x |
| Short | ApeX Omni HBARUSDT | 0.09288 | 0.0100 | get 0.0013% / 1h | 24m 06s | $149K | $708K | 50x |
GMX HBAR/USD [WBTC.b-USDC]
ApeX Omni HBARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against GMX. 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
- −$73.12
- Price spread: −0.041% → −0.016%
- −$2.44
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$97.56
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; ApeX Omni: live order book, 60 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 GMX no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 60 min ago | 7.03 bp | 14.1 bp −$14 | 95.6 bp −$956 | doesn't fit | doesn't fit |
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 | 0.09267 | −0.267% | $1K | $112K | 12x | as long as short |
| KuCoin HBARUSDTM | −0.0022% | 8h | 0.09282 | −0.105% | $7.4M | $7.8M | 75x | as long as short |
| Gate HBAR_USDT | −0.0004% | 8h | 0.09284 | −0.084% | $2.4M | $3.6M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09298 | +0.069% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09291 | −0.009% | $512K | $151K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09292 | +0.005% | $8K | — | 150x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09296 | +0.045% | $223K | $2.2M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0077% | 8h | 0.09285 | −0.073% | $2K | $17K | 10x | as long as short |
| Variational Omni HBAR | +0.0077% | 8h | 0.09280 | −0.123% | $1.0M | $198K | — | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09284 | −0.084% | $570K | $591K | 5x | as long as short |
Injective HBAR/USDC PERP
KuCoin HBARUSDTM
Gate HBAR_USDT
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Coinbase International HBAR-PERP-INTX
Orderly PERP_HBAR_USDC
Variational Omni HBAR
Lighter HBARShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended HBAR-USD | +0.0096% | 1h | 0.09279 | −0.132% | $51K | $218K | 10x | as long as short |
| MEXC HBAR_USDT | +0.0096% | 8h | 0.09287 | −0.052% | $26.1M | $22.6M | 200x | as long as short |
| Binance HBARUSDT | +0.0097% | 8h | 0.09283 | −0.095% | $34.8M | $110.5M | 75x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09299 | +0.074% | $8.9M | $2.9M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09286 | −0.061% | $212K | $429K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09284 | −0.084% | $33.1M | $37.0M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09283 | −0.095% | $6.8M | $25.2M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09285 | −0.073% | $17.1M | $14.8M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09285 | −0.073% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09285 | −0.073% | $34K | $102K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09285 | −0.068% | $378K | $2.1M | 10x | as long as short |
| ApeX Omni HBARUSDTshort | +0.0100% | 1h | 0.09288 | −0.041% | $149K | $708K | 50x | |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09284 | −0.084% | $431 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09312 | +0.217% | $73K | $53K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09288 | −0.041% | $2.2M | $2.2M | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0193% | 1h | 0.09294 | +0.020% | $1.4M | $2.2M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0217% | 8h | 0.09287 | −0.052% | $1.5M | $5.5M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC]long | L +0.0448% / S −0.0478% | 1h | 0.09292 | long leg | $104K | — | 100x |
Extended HBAR-USD
MEXC HBAR_USDT
Binance HBARUSDT
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
GRVT HBAR_USDT_Perp
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Kraken Futures PF_HBARUSD
BloFin HBAR-USDT