Funding you earn now, next payment 01:00 UTC+0.0388%/8h= +42.5% APRpaid last 24h +0.113%
Price spread now: GMX against Variational Omni+0.054%7-day average +0.072% · 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)+0.327%+$33 on $10k
+Price spread, last 3 days (all we have)+0.035%+$3 · spread now +0.054%, 7d avg +0.072%
=Together, before fees+0.362%+ Points / potential airdropVariational Omni: Active · farm board+$36 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.072%, so right now this pair is about funding alone: +$12 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni HBAR | 0.09309 | 0.0075 | pay 0.0075% / 8h | 7h 28m | $1.0M | $197K | — |
| Short | GMX HBAR/USD [WBTC.b-USDC] | 0.09314 | L +0.0494% / S −0.0463% | get 0.0058% / 1h | 28m 18s | $124K | — | 100x |
Variational Omni HBAR
GMX HBAR/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Variational Omni. 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
- $81.56
- Price spread: +0.054% → +0.072%
- −$1.78
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $67.78
- Costs to cover
- 0.120%
- Break-even
- 1.2 days
Slippage unknown: Variational Omni: RFQ quote, 1 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 Variational Omni RFQ quote, 1 min ago | 3.76 bp | doesn't fit | 19.9 bp −$199 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HBARUSDTM | −0.0077% | 8h | 0.09308 | −0.011% | $7.4M | $7.7M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09299 | −0.105% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09315 | +0.066% | $8K | — | 150x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0028% | 8h | 0.09312 | +0.028% | $379K | $2.2M | 10x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09267 | −0.452% | $1K | $106K | 12x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0056% | 1h | 0.09301 | −0.087% | $223K | $2.2M | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0057% | 1h | 0.09321 | +0.126% | $1.4M | $2.3M | 50x | as long as short |
| ApeX Omni HBARUSDT | +0.0068% | 1h | 0.09290 | −0.205% | $149K | $718K | 50x | as long as short |
| Extended HBAR-USD | +0.0072% | 1h | 0.09312 | +0.030% | $53K | $332K | 10x | as long as short |
| MEXC HBAR_USDT | +0.0073% | 8h | 0.09307 | −0.022% | $26.2M | $22.3M | 200x | as long as short |
KuCoin HBARUSDTM
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
GRVT HBAR_USDT_Perp
Injective HBAR/USDC PERP
Coinbase International HBAR-PERP-INTX
Kraken Futures PF_HBARUSD
ApeX Omni HBARUSDT
Extended HBAR-USD
MEXC HBAR_USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance HBARUSDT | +0.0074% | 8h | 0.09314 | +0.053% | $35.0M | $108.6M | 75x | as long as short |
| Variational Omni HBARlong | +0.0075% | 8h | 0.09309 | long leg | $1.0M | $197K | — | |
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09313 | +0.042% | $2K | $17K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09299 | −0.108% | $570K | $553K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09321 | +0.125% | $8.9M | $2.8M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09308 | −0.011% | $212K | $407K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09312 | +0.032% | $33.0M | $35.9M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09316 | +0.075% | $6.9M | $25.1M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09306 | −0.033% | $2.4M | $3.4M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09315 | +0.064% | $17.3M | $15.0M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09308 | −0.011% | — | $5.9M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09292 | −0.183% | $32K | $106K | 15x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09314 | +0.053% | $432 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09313 | +0.042% | $74K | $60K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09289 | −0.215% | $2.2M | $2.1M | 50x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0179% | 1h | 0.09323 | +0.150% | $513K | $166K | 50x | as long as short |
| BloFin HBAR-USDT | +0.0193% | 8h | 0.09286 | −0.248% | $1.5M | $5.7M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC]short | L +0.0494% / S −0.0463% | 1h | 0.09314 | +0.054% | $124K | — | 100x |
Binance HBARUSDT
Orderly PERP_HBAR_USDC
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
Bitget HBARUSDT
BingX HBAR-USDT
Backpack HBAR_USDC_PERP
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Deribit HBAR_USDC-PERPETUAL
BloFin HBAR-USDT