Funding you earn now, next payment 08:00 UTC−0.0264%/8h= −29.0% APRpaid last 24h −0.113%
Price spread now: Binance against GMX−0.017%7-day average −0.050% · 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)−0.326%−$33 on $10k
+Price spread, last 4 days (all we have)−0.012%−$1 · spread now −0.017%, 7d avg −0.050%
=The price spread pays, funding is against you. Binance is 0.033% dearer against GMX than usual: you sell high and buy low (spread −0.017% now, against its 7-day average of −0.050%): +$3 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 10 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX HBAR/USD [WBTC.b-USDC] | 0.09489 | L +0.0364% / S −0.0262% | pay 0.0046% / 1h | 12m 15s | $86K | — | 100x |
| Short | Binance HBARUSDT | 0.09487 | 0.0100 | get 0.0100% / 8h | 12m 15s | $35.4M | $112.7M | 75x |
GMX HBAR/USD [WBTC.b-USDC]
Binance HBARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$55.54
- Price spread: −0.017% → −0.050%
- $3.34
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$74.2
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Binance: live order book, 1 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 Binance live order book, 1 min ago | 0.53 bp | 8.2 bp −$8 | 20.0 bp −$200 | 63.9 bp −$6,387 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_HBARUSD | −0.0143% | 1h | 0.09487 | −0.014% | $1.3M | $3.0M | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0008% | 1h | 0.09490 | +0.015% | $11K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | −2.177% | $1K | $103K | 12x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0066% | 1h | 0.09492 | +0.036% | $523K | $178K | 50x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0080% | 1h | 0.09492 | +0.036% | $215K | $2.5M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0080% | 8h | 0.09486 | −0.027% | $2K | $12K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09486 | −0.027% | $570K | $601K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09506 | +0.180% | $8.8M | $3.6M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09491 | +0.026% | $204K | $323K | 50x | as long as short |
| Binance HBARUSDTshort | +0.0100% | 8h | 0.09487 | −0.017% | $35.4M | $112.7M | 75x |
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 HBARUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit HBARUSDT | +0.0100% | 8h | 0.09487 | −0.017% | $32.8M | $36.5M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09487 | −0.017% | $6.7M | $25.7M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09488 | −0.006% | $2.5M | $2.8M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09490 | +0.015% | $26.4M | $20.2M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09492 | +0.036% | $7.6M | $7.5M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09483 | −0.059% | $17.2M | $16.7M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09486 | −0.027% | — | $7.3M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09469 | −0.207% | $36K | $199K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09473 | −0.164% | $1.0M | $178K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09494 | +0.060% | $388K | $3.2M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09493 | +0.046% | $154K | $701K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09482 | −0.070% | $440 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09498 | +0.099% | $72K | $72K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09482 | −0.070% | $2.4M | $2.4M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09483 | −0.062% | $49K | $305K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09464 | −0.259% | $1.5M | $5.8M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC]long | L +0.0364% / S −0.0262% | 1h | 0.09489 | long leg | $86K | — | 100x | |
| dYdX HBAR-USD | +0.1904% | 1h | 0.09489 | +0.006% | $31K | $7K | 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
Variational Omni HBAR
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
BloFin HBAR-USDT
dYdX HBAR-USD