Funding you earn now, next payment 03:00 UTC−0.0086%/8h= −9.4% APRpaid last 24h −0.027%
Price spread now: gTrade (Gains Network) against Phemex+0.062%50s7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. gTrade (Gains Network) is 0.062% dearer against Phemex than usual: you sell high and buy low (spread +0.062% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.4 days. The two prices were read 50 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 | Phemex HBARUSDT | 0.09194 | 0.0100 | pay 0.0100% / 8h | 5h 02m | $2.1M | $2.1M | 50x |
| Short | gTrade (Gains Network) HBAR/USD | 0.09200 | L +0.0007% / S −0.0014% | get 0.0002% / 1h | 2m 25s | $8K | — | 150x |
Phemex HBARUSDT
gTrade (Gains Network) HBAR/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Phemex. 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
- −$18.04
- Price spread: +0.062% → 0.000%
- $6.19
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$33.85
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Phemex: live order book, 1 min ago; gTrade (Gains Network): 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 Phemex live order book, 1 min ago | 1.63 bp | 18.5 bp −$18 | 34.9 bp −$349 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX HBAR-USD | 0.0000% | 1h | 0.09207 | +0.143% | $30K | $4K | 5x | as long as short |
| KuCoin HBARUSDTM | +0.0002% | 8h | 0.09197 | +0.033% | $7.1M | $7.2M | 75x | as long as short |
| gTrade (Gains Network) HBAR/USDshort | L +0.0007% / S −0.0014% | 1h | 0.09200 | +0.062% | $8K | — | 150x | |
| Gate HBAR_USDT | +0.0023% | 8h | 0.09198 | +0.044% | $2.4M | $2.8M | 75x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09194 | 0.000% | $232K | $2.0M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0080% | 8h | 0.09195 | +0.011% | $2K | $14K | 10x | as long as short |
| Variational Omni HBAR | +0.0084% | 8h | 0.09175 | −0.210% | $1.0M | $187K | — | as long as short |
| Injective HBAR/USDC PERP | +0.0090% | 1h | 0.09282 | +0.957% | $1K | $106K | 12x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09196 | +0.022% | $559K | $592K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09210 | +0.178% | $8.7M | $2.7M | 5x | as long as short |
dYdX HBAR-USD
KuCoin HBARUSDTM
Gate HBAR_USDT
Coinbase International HBAR-PERP-INTX
Orderly PERP_HBAR_USDC
Variational Omni HBAR
Injective HBAR/USDC PERP
Lighter HBAR
Hyperliquid HBARShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HBARUSDT | +0.0100% | 8h | 0.09205 | +0.123% | $210K | $318K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09197 | +0.035% | $33.9M | $104.3M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09196 | +0.022% | $32.5M | $33.7M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09197 | +0.033% | $6.6M | $24.3M | 50x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09199 | +0.054% | $25.9M | $19.6M | 200x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09198 | +0.044% | $16.9M | $14.8M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09197 | +0.033% | — | $6.1M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09195 | +0.011% | $42K | $165K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09176 | −0.196% | $369K | $2.4M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09181 | −0.141% | $146K | $713K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09192 | −0.022% | $427 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09201 | +0.076% | $70K | $66K | 20x | as long as short |
| Phemex HBARUSDTlong | +0.0100% | 8h | 0.09194 | long leg | $2.1M | $2.1M | 50x | |
| Extended HBAR-USD | +0.0104% | 1h | 0.09200 | +0.061% | $47K | $277K | 10x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0185% | 1h | 0.09204 | +0.109% | $507K | $152K | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0206% | 1h | 0.09198 | +0.044% | $1.4M | $2.5M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09194 | 0.000% | $1.5M | $5.4M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0346% / S −0.0242% | 1h | 0.09199 | +0.059% | $79K | — | 100x | as long as short |
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
MEXC HBAR_USDT
Bitget HBARUSDT
BingX HBAR-USDT
Backpack HBAR_USDC_PERP
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Extended HBAR-USD
Deribit HBAR_USDC-PERPETUAL
Kraken Futures PF_HBARUSD
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]