Funding you earn now, next payment 23:00 UTC−0.0371%/8h= −40.6% APRpaid last 24h −0.093%
Price spread now: Orderly against GMX−0.309%59s7-day average — · 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)—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 −$11 a day on $10k at the current rate, and Orderly is 0.309% cheaper against GMX than usual: you would sell low and buy high (−$31 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 59 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] | 0.09293 | L +0.0448% / S −0.0478% | pay 0.0056% / 1h | 46m 22s | $104K | — | 100x |
| Short | Orderly PERP_HBAR_USDC | 0.09264 | 0.0077 | get 0.0077% / 8h | 1h 46m | $2K | $16K | 10x |
GMX HBAR/USD [WBTC.b-USDC]
Orderly PERP_HBAR_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$77.94
- Price spread: −0.309% → 0.000%
- −$30.88
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$126.83
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Orderly: no order-book sample. 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 Orderly no order-book sample | — | — | — | — | — |
GMX and Orderly: 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 | −0.277% | $1K | $112K | 12x | as long as short |
| Gate HBAR_USDT | −0.0027% | 8h | 0.09288 | −0.051% | $2.4M | $3.5M | 75x | as long as short |
| KuCoin HBARUSDTM | −0.0008% | 8h | 0.09282 | −0.115% | $7.5M | $7.9M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09284 | −0.097% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09271 | −0.234% | $510K | $151K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09291 | −0.024% | $8K | — | 150x | as long as short |
| Variational Omni HBAR | +0.0055% | 8h | 0.09261 | −0.344% | $1.0M | $197K | — | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09272 | −0.223% | $223K | $2.2M | 50x | as long as short |
| Orderly PERP_HBAR_USDCshort | +0.0077% | 8h | 0.09264 | −0.309% | $2K | $16K | 10x | |
| Extended HBAR-USD | +0.0080% | 1h | 0.09277 | −0.168% | $51K | $218K | 10x | as long as short |
Injective HBAR/USDC PERP
Gate HBAR_USDT
KuCoin HBARUSDTM
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Variational Omni HBAR
Coinbase International HBAR-PERP-INTX
Extended HBAR-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC HBAR_USDT | +0.0080% | 8h | 0.09286 | −0.072% | $25.6M | $22.3M | 200x | as long as short |
| Binance HBARUSDT | +0.0080% | 8h | 0.09292 | −0.008% | $34.9M | $110.3M | 75x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09278 | −0.158% | $569K | $591K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09296 | +0.037% | $8.9M | $2.9M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09279 | −0.150% | $212K | $429K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09284 | −0.094% | $33.1M | $37.0M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09283 | −0.104% | $6.8M | $25.0M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09284 | −0.094% | $17.1M | $14.8M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09290 | −0.029% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09271 | −0.234% | $32K | $103K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09261 | −0.337% | $377K | $2.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09246 | −0.503% | $148K | $707K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09262 | −0.330% | $430 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09295 | +0.025% | $73K | $53K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09258 | −0.373% | $2.2M | $2.1M | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0193% | 1h | 0.09271 | −0.229% | $1.4M | $2.3M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0200% | 8h | 0.09268 | −0.266% | $1.4M | $5.5M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC]long | L +0.0448% / S −0.0478% | 1h | 0.09293 | long leg | $104K | — | 100x |
MEXC HBAR_USDT
Binance HBARUSDT
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Kraken Futures PF_HBARUSD
BloFin HBAR-USDT