Funding you earn now, next payment 02:00 UTC+0.0362%/8h= +39.7% APRnext payment +$0.45 per $10,000 · paid last 24h +0.060%
Price spread now: GMX against Hyperliquid−0.080%7-day average −0.066% · 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)+0.203%+$20 on $10k
+Price spread, last 3 days (all we have)+0.034%+$3 · spread now −0.080%, 7d avg −0.066%
=Together, before fees+0.237%+ Points / potential airdropHyperliquid: Season 2 · farm board+$24 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.066%, so right now this pair is about funding alone: +$11 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid HBAR | 0.09242 | 0.0100 | pay 0.0013% / 1h | 3m 43s | $8.8M | $2.6M | 5x |
| Short | GMX HBAR/USD [WBTC.b-USDC] | 0.09234 | L +0.0487% / S −0.0462% | get 0.0058% / 1h | 3m 43s | $120K | — | 100x |
Hyperliquid HBAR
GMX HBAR/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Hyperliquid. 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
- $76.06
- Price spread: −0.080% → −0.066%
- −$1.44
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $53.62
- Costs to cover
- 0.210%
- Break-even
- 2.1 days
Slippage unknown: Hyperliquid: live order book, 9 min ago; GMX: 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 Hyperliquid live order book, 9 min ago | 0.54 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
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 27 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 | −0.0054% | 8h | 0.09231 | −0.118% | $7.2M | $7.3M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09231 | −0.116% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09234 | −0.086% | $8K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | +0.434% | $1K | $106K | 12x | as long as short |
| Variational Omni HBAR | +0.0063% | 8h | 0.09230 | −0.130% | $1.0M | $187K | — | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09236 | −0.064% | $223K | $2.1M | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0069% | 1h | 0.09236 | −0.062% | $1.4M | $2.5M | 50x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0075% | 1h | 0.09236 | −0.064% | $509K | $151K | 50x | as long as short |
| Gate HBAR_USDT | +0.0077% | 8h | 0.09230 | −0.129% | $2.4M | $3.0M | 75x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0078% | 8h | 0.09230 | −0.129% | $2K | $17K | 10x | as long as short |
KuCoin HBARUSDTM
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Variational Omni HBAR
Coinbase International HBAR-PERP-INTX
Kraken Futures PF_HBARUSD
Deribit HBAR_USDC-PERPETUAL
Gate HBAR_USDT
Orderly PERP_HBAR_USDCShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended HBAR-USD | +0.0080% | 1h | 0.09230 | −0.130% | $47K | $273K | 10x | as long as short |
| MEXC HBAR_USDT | +0.0081% | 8h | 0.09232 | −0.107% | $26.0M | $22.0M | 200x | as long as short |
| Binance HBARUSDT | +0.0083% | 8h | 0.09225 | −0.180% | $34.2M | $104.3M | 75x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09224 | −0.194% | $561K | $596K | 5x | as long as short |
| ApeX Omni HBARUSDT | +0.0099% | 1h | 0.09229 | −0.140% | $147K | $712K | 50x | as long as short |
| Hyperliquid HBARlong | +0.0100% | 1h | 0.09242 | long leg | $8.8M | $2.6M | 5x | |
| Aster HBARUSDT | +0.0100% | 8h | 0.09233 | −0.092% | $211K | $322K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09223 | −0.205% | $32.7M | $34.3M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09221 | −0.226% | $6.7M | $24.3M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09231 | −0.118% | $17.0M | $14.8M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09233 | −0.096% | — | $6.2M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09230 | −0.129% | $32K | $120K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09205 | −0.400% | $376K | $2.3M | 10x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09229 | −0.140% | $428 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09240 | −0.021% | $71K | $66K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09230 | −0.129% | $2.1M | $2.2M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC]short | L +0.0487% / S −0.0462% | 1h | 0.09234 | −0.080% | $120K | — | 100x |
Extended HBAR-USD
MEXC HBAR_USDT
Binance HBARUSDT
Lighter HBAR
ApeX Omni HBARUSDT
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDT
Backpack HBAR_USDC_PERP
GRVT HBAR_USDT_Perp
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT