Funding you earn now, next payment 03:00 UTC−0.0261%/8h= −28.6% APRpaid last 24h −0.128%
Price spread now: Variational Omni against GMX−0.043%7-day average −0.072% · 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)−0.381%−$38 on $10k
+Price spread, last 3 days (all we have)−0.026%−$3 · spread now −0.043%, 7d avg −0.072%
=Together, before fees−0.406%+ Points / potential airdropVariational Omni: Active · farm board−$41 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.028% dearer against GMX than usual: you sell high and buy low (spread −0.043% now, against its 7-day average of −0.072%): +$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 9 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX HBAR/USD [WBTC.b-USDC] | 0.09179 | L +0.0346% / S −0.0242% | pay 0.0043% / 1h | 4m 47s | $79K | — | 100x |
| Short | Variational Omni HBAR | 0.09175 | 0.0084 | get 0.0084% / 8h | 5h 04m | $1.0M | $187K | — |
GMX HBAR/USD [WBTC.b-USDC]
Variational Omni HBARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$54.91
- Price spread: −0.043% → −0.072%
- $2.82
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$64.09
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Variational Omni: RFQ quote, 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 Variational Omni RFQ quote, 4 min ago | 3.80 bp | doesn't fit | 14.7 bp −$147 | 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 | −0.0001% | 8h | 0.09184 | +0.058% | $7.1M | $7.2M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09180 | +0.011% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09182 | +0.036% | $506K | $152K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09180 | +0.011% | $8K | — | 150x | as long as short |
| Gate HBAR_USDT | +0.0030% | 8h | 0.09185 | +0.069% | $2.4M | $2.8M | 75x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09184 | +0.058% | $232K | $2.0M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0080% | 8h | 0.09176 | −0.029% | $2K | $14K | 10x | as long as short |
| Variational Omni HBARshort | +0.0084% | 8h | 0.09175 | −0.043% | $1.0M | $187K | — | |
| Injective HBAR/USDC PERP | +0.0090% | 1h | 0.09282 | +1.125% | $1K | $106K | 12x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09181 | +0.025% | $558K | $592K | 5x | as long as short |
KuCoin HBARUSDTM
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Gate HBAR_USDT
Coinbase International HBAR-PERP-INTX
Orderly PERP_HBAR_USDC
Injective HBAR/USDC PERP
Lighter HBARShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid HBAR | +0.0100% | 1h | 0.09205 | +0.289% | $8.7M | $2.7M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09188 | +0.102% | $210K | $318K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09189 | +0.115% | $33.9M | $104.3M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09186 | +0.080% | $32.5M | $33.8M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09188 | +0.101% | $6.6M | $24.3M | 50x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09189 | +0.112% | $25.8M | $19.6M | 200x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09189 | +0.112% | $16.9M | $14.8M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09190 | +0.123% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09186 | +0.080% | $42K | $165K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09220 | +0.450% | $374K | $2.4M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09224 | +0.494% | $147K | $713K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09177 | −0.019% | $426 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09198 | +0.210% | $70K | $66K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09186 | +0.080% | $2.1M | $2.1M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09184 | +0.055% | $47K | $277K | 10x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0206% | 1h | 0.09183 | +0.050% | $1.4M | $2.5M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09179 | +0.003% | $1.4M | $5.4M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC]long | L +0.0346% / S −0.0242% | 1h | 0.09179 | long leg | $79K | — | 100x |
Hyperliquid HBAR
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
Kraken Futures PF_HBARUSD
BloFin HBAR-USDT