Funding you earn now, next payment 11:00 UTC−0.0268%/8h= −29.3% APRpaid last 24h −0.098%
Price spread now: Bitget against GMX−0.049%64s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Bitget is 0.049% cheaper against GMX than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 64 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] | 0.09482 | L +0.0368% / S −0.0371% | pay 0.0046% / 1h | 54m 15s | $77K | — | 100x |
| Short | Bitget HBARUSDT | 0.09477 | 0.0100 | get 0.0100% / 8h | 5h 54m | $17.9M | $18.9M | 75x |
GMX HBAR/USD [WBTC.b-USDC]
Bitget HBARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$56.26
- Price spread: −0.049% → 0.000%
- −$4.85
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$85.12
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Bitget: live order book, 3 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 Bitget live order book, 3 min ago | 0.53 bp | 9.9 bp −$10 | 19.2 bp −$192 | 57.6 bp −$5,759 | 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 exchanges
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 | −0.0072% | 1h | 0.09663 | +1.913% | $5K | $101K | 12x | as long as short |
| ApeX Omni HBARUSDT | −0.0062% | 1h | 0.09481 | −0.006% | $153K | $701K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0008% | 1h | 0.09473 | −0.093% | $11K | — | 150x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0092% | 8h | 0.09469 | −0.133% | $1K | $9K | 10x | as long as short |
| Gate HBAR_USDT | +0.0094% | 8h | 0.09473 | −0.091% | $2.5M | $2.9M | 75x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09475 | −0.070% | $576K | $545K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09481 | −0.008% | $8.6M | $4.3M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09478 | −0.037% | $202K | $375K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09468 | −0.145% | $35.8M | $114.7M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09470 | −0.122% | $33.5M | $37.8M | 75x | as long as short |
Injective HBAR/USDC PERP
ApeX Omni HBARUSDT
gTrade (Gains Network) HBAR/USD
Orderly PERP_HBAR_USDC
Gate HBAR_USDT
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDTShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09475 | −0.070% | $6.6M | $27.1M | 50x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09472 | −0.101% | $27.3M | $20.0M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09471 | −0.112% | $7.2M | $7.2M | 75x | as long as short |
| Bitget HBARUSDTshort | +0.0100% | 8h | 0.09477 | −0.049% | $17.9M | $18.9M | 75x | |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09469 | −0.133% | — | $6.8M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09487 | +0.057% | $36K | $201K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09459 | −0.237% | $1.0M | $100K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09466 | −0.167% | $389K | $3.7M | 10x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09471 | −0.112% | $440 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09485 | +0.036% | $72K | $64K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09471 | −0.112% | $2.5M | $3.3M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09469 | −0.133% | $50K | $307K | 10x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0172% | 1h | 0.09481 | −0.006% | $533K | $224K | 50x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0192% | 1h | 0.09476 | −0.059% | $226K | $2.9M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09473 | −0.091% | $1.6M | $5.8M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC]long | L +0.0368% / S −0.0371% | 1h | 0.09482 | long leg | $77K | — | 100x | |
| Kraken Futures PF_HBARUSD | +0.0422% | 1h | 0.09480 | −0.022% | $1.4M | $3.7M | 50x | as long as short |
| dYdX HBAR-USD | +0.1008% | 1h | 0.09474 | −0.085% | $40K | $21K | 5x | as long as short |
OKX HBAR-USDT-SWAP
MEXC HBAR_USDT
KuCoin HBARUSDTM
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
Variational Omni HBAR
GRVT HBAR_USDT_Perp
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
Deribit HBAR_USDC-PERPETUAL
Coinbase International HBAR-PERP-INTX
BloFin HBAR-USDT
Kraken Futures PF_HBARUSD
dYdX HBAR-USD