Funding you earn now, next payment 01:00 UTC−0.0394%/8h= −43.1% APRpaid last 24h −0.097%
Price spread now: Gate against GMX−0.010%7-day average −0.038% · 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)−0.276%−$28 on $10k
+Price spread, last 3 days (all we have)−0.030%−$3 · spread now −0.010%, 7d avg −0.038%
=The price spread pays, funding is against you. Gate is 0.029% dearer against GMX than usual: you sell high and buy low (spread −0.010% now, against its 7-day average of −0.038%): +$3 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 6 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX HBAR/USD [WBTC.b-USDC] | 0.09294 | L +0.0494% / S −0.0463% | pay 0.0062% / 1h | 29m 14s | $124K | — | 100x |
| Short | Gate HBAR_USDT | 0.09293 | 0.0100 | get 0.0100% / 8h | 7h 29m | $2.4M | $3.4M | 75x |
GMX HBAR/USD [WBTC.b-USDC]
Gate HBAR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$82.64
- Price spread: −0.010% → −0.038%
- $2.87
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$106.77
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Gate: live order book, 4 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 Gate live order book, 4 min ago | 2.15 bp | 17.9 bp −$18 | 53.4 bp −$534 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HBARUSDTM | −0.0080% | 8h | 0.09288 | −0.063% | $7.3M | $7.7M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09307 | +0.143% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09294 | +0.003% | $8K | — | 150x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0028% | 8h | 0.09312 | +0.192% | $379K | $2.2M | 10x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09267 | −0.289% | $1K | $106K | 12x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0056% | 1h | 0.09301 | +0.076% | $223K | $2.2M | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0057% | 1h | 0.09297 | +0.033% | $1.4M | $2.3M | 50x | as long as short |
| ApeX Omni HBARUSDT | +0.0068% | 1h | 0.09290 | −0.042% | $149K | $718K | 50x | as long as short |
| Extended HBAR-USD | +0.0072% | 1h | 0.09289 | −0.053% | $53K | $332K | 10x | as long as short |
| MEXC HBAR_USDT | +0.0072% | 8h | 0.09293 | −0.010% | $26.2M | $22.3M | 200x | as long as short |
KuCoin HBARUSDTM
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
GRVT HBAR_USDT_Perp
Injective HBAR/USDC PERP
Coinbase International HBAR-PERP-INTX
Kraken Futures PF_HBARUSD
ApeX Omni HBARUSDT
Extended HBAR-USD
MEXC HBAR_USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit HBAR_USDC-PERPETUAL | +0.0073% | 1h | 0.09300 | +0.066% | $512K | $166K | 50x | as long as short |
| Binance HBARUSDT | +0.0073% | 8h | 0.09290 | −0.039% | $34.9M | $108.5M | 75x | as long as short |
| Variational Omni HBAR | +0.0075% | 8h | 0.09309 | +0.163% | $1.0M | $197K | — | as long as short |
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09290 | −0.042% | $2K | $17K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09290 | −0.042% | $569K | $553K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09305 | +0.125% | $8.9M | $2.8M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09296 | +0.022% | $212K | $407K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09290 | −0.042% | $33.0M | $35.9M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09292 | −0.020% | $6.9M | $25.0M | 50x | as long as short |
| Gate HBAR_USDTshort | +0.0100% | 8h | 0.09293 | −0.010% | $2.4M | $3.4M | 75x | |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09290 | −0.042% | $17.3M | $14.9M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09290 | −0.042% | — | $5.9M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09308 | +0.152% | $32K | $106K | 15x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09291 | −0.031% | $431 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09313 | +0.206% | $74K | $60K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09289 | −0.053% | $2.2M | $2.1M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0193% | 8h | 0.09286 | −0.085% | $1.5M | $5.7M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC]long | L +0.0494% / S −0.0463% | 1h | 0.09294 | long leg | $124K | — | 100x |
Deribit HBAR_USDC-PERPETUAL
Binance HBARUSDT
Variational Omni HBAR
Orderly PERP_HBAR_USDC
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDT
Backpack HBAR_USDC_PERP
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
BloFin HBAR-USDT