Funding you earn now, next payment 00:00 UTC−0.0228%/8h= −24.9% APRpaid last 24h −0.085%
Price spread now: BloFin against GMX+0.072%51s7-day average −0.029% · 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)−0.206%−$21 on $10k
+Price spread, last 3 days (all we have)−0.090%−$9 · spread now +0.072%, 7d avg −0.029%
=The price spread pays, funding is against you. BloFin is 0.101% dearer against GMX than usual: you sell high and buy low (spread +0.072% now, against its 7-day average of −0.029%): +$10 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 35 hours. The two prices were read 51 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] | 0.09284 | L +0.0448% / S −0.0478% | pay 0.0056% / 1h | 41m 54s | $104K | — | 100x |
| Short | BloFin HBAR-USDT | 0.09291 | 0.0220 | get 0.0220% / 8h | 41m 54s | $1.5M | $5.8M | 90x |
GMX HBAR/USD [WBTC.b-USDC]
BloFin HBAR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$47.81
- Price spread: +0.072% → −0.029%
- $10.09
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$61.72
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; BloFin: live order book, 7 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 BloFin live order book, 7 min ago | 3.22 bp | 11.7 bp −$12 | 15.6 bp −$156 | 39.4 bp −$3,944 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HBARUSDTM | −0.0030% | 8h | 0.09281 | −0.036% | $7.4M | $7.8M | 75x | as long as short |
| Gate HBAR_USDT | −0.0013% | 8h | 0.09285 | +0.008% | $2.4M | $3.6M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09292 | +0.086% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09287 | +0.029% | $511K | $166K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09285 | +0.012% | $8K | — | 150x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09297 | +0.137% | $223K | $2.2M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0081% | 8h | 0.09280 | −0.046% | $2K | $17K | 10x | as long as short |
| Variational Omni HBAR | +0.0088% | 8h | 0.09305 | +0.227% | $1.0M | $198K | — | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09280 | −0.046% | $569K | $591K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09296 | +0.126% | $8.9M | $2.8M | 5x | as long as short |
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 HBAR
Hyperliquid HBARShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HBARUSDT | +0.0100% | 8h | 0.09286 | +0.014% | $212K | $429K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09283 | −0.014% | $34.9M | $110.1M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09282 | −0.025% | $33.0M | $36.8M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09282 | −0.025% | $6.8M | $25.1M | 50x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09284 | −0.003% | $26.3M | $22.3M | 200x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09283 | −0.014% | $17.1M | $14.9M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09284 | −0.003% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09286 | +0.018% | $34K | $102K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09294 | +0.105% | $378K | $2.2M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09302 | +0.191% | $149K | $708K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09280 | −0.046% | $431 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09305 | +0.223% | $73K | $53K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09279 | −0.057% | $2.2M | $2.2M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09281 | −0.033% | $51K | $218K | 10x | as long as short |
| BloFin HBAR-USDTshort | +0.0220% | 8h | 0.09291 | +0.072% | $1.5M | $5.8M | 90x | |
| Injective HBAR/USDC PERP | +0.0242% | 1h | 0.09267 | −0.186% | $1K | $112K | 12x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0412% | 1h | 0.09286 | +0.021% | $1.4M | $2.2M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC]long | L +0.0448% / S −0.0478% | 1h | 0.09284 | long leg | $104K | — | 100x |
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
MEXC HBAR_USDT
Bitget HBARUSDT
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
Injective HBAR/USDC PERP
Kraken Futures PF_HBARUSD