Funding you earn now, next payment 07:00 UTC+0.0161%/8h= +17.6% APRpaid last 24h +0.111%
Price spread now: GMX against KuCoin+0.072%7-day average +0.030% · 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)+0.280%+$28 on $10k
+Price spread, last 4 days (all we have)−0.045%−$4 · spread now +0.072%, 7d avg +0.030%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and GMX is 0.042% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin HBARUSDTM | 0.09259 | 0.0100 | pay 0.0100% / 8h | 1h 38m | $7.4M | $7.5M | 75x |
| Short | GMX HBAR/USD [WBTC.b-USDC] | 0.09266 | L +0.0359% / S −0.0261% | get 0.0033% / 1h | 38m 40s | $83K | — | 100x |
KuCoin HBARUSDTM
GMX HBAR/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against KuCoin. 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
- $33.75
- Price spread: +0.072% → +0.030%
- $4.21
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $13.97
- Costs to cover
- 0.240%
- Break-even
- 4.1 days
Slippage unknown: KuCoin: 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 KuCoin live order book, 9 min ago | 2.69 bp | 15.2 bp −$15 | 45.4 bp −$454 | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack HBAR_USDC_PERP | −0.0677% | 1h | 0.09261 | +0.022% | $33K | $202K | 15x | as long as short |
| Kraken Futures PF_HBARUSD | −0.0267% | 1h | 0.09269 | +0.113% | $1.3M | $3.0M | 50x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09256 | −0.031% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0011% | 1h | 0.09262 | +0.030% | $9K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | +0.248% | $1K | $103K | 12x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0074% | 1h | 0.09268 | +0.097% | $510K | $178K | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0077% | 8h | 0.09257 | −0.022% | $4K | $16K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0080% | 1h | 0.09262 | +0.032% | $211K | $2.3M | 50x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09250 | −0.097% | $557K | $600K | 5x | as long as short |
| Gate HBAR_USDT | +0.0099% | 8h | 0.09251 | −0.086% | $2.4M | $2.7M | 75x | as long as short |
Backpack HBAR_USDC_PERP
Kraken Futures PF_HBARUSD
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Deribit HBAR_USDC-PERPETUAL
Orderly PERP_HBAR_USDC
Coinbase International HBAR-PERP-INTX
Lighter HBAR
Gate HBAR_USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid HBAR | +0.0100% | 1h | 0.09263 | +0.049% | $8.6M | $3.7M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09257 | −0.024% | $199K | $333K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09248 | −0.118% | $34.0M | $111.8M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09250 | −0.097% | $31.7M | $35.9M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09247 | −0.130% | $6.5M | $25.0M | 50x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09246 | −0.140% | $24.8M | $19.7M | 200x | as long as short |
| KuCoin HBARUSDTMlong | +0.0100% | 8h | 0.09259 | long leg | $7.4M | $7.5M | 75x | |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09256 | −0.032% | $17.2M | $16.0M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09247 | −0.130% | — | $6.9M | — | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09269 | +0.107% | $1.0M | $187K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09269 | +0.108% | $373K | $3.0M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09273 | +0.151% | $151K | $705K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09262 | +0.032% | $430 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09262 | +0.032% | $70K | $70K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09264 | +0.054% | $2.1M | $2.1M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09245 | −0.154% | $60K | $227K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09258 | −0.011% | $1.5M | $5.6M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC]short | L +0.0359% / S −0.0261% | 1h | 0.09266 | +0.072% | $83K | — | 100x |
Hyperliquid HBAR
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
MEXC HBAR_USDT
Bitget HBARUSDT
BingX HBAR-USDT
Variational Omni HBAR
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
BloFin HBAR-USDT