Funding you earn now, next payment 01:00 UTC+0.0389%/8h= +42.6% APRpaid last 24h +0.091%
Price spread now: GMX against Binance−0.010%7-day average +0.057% · 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)+0.250%+$25 on $10k
+Price spread, last 3 days (all we have)+0.047%+$5 · spread now −0.010%, 7d avg +0.057%
=Funding pays, the price is against you. GMX is 0.067% cheaper against Binance than usual: you would sell low and buy high (spread −0.010% now, against its 7-day average of +0.057%). If the spread goes back, that is −$7 on $10k: about 14 hours of funding at the current rate (+$12 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HBARUSDT | 0.09315 | 0.0074 | pay 0.0074% / 8h | 7h 28m | $35.0M | $108.6M | 75x |
| Short | GMX HBAR/USD [WBTC.b-USDC] | 0.09314 | L +0.0494% / S −0.0463% | get 0.0058% / 1h | 28m 01s | $124K | — | 100x |
Binance HBARUSDT
GMX HBAR/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Binance. 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
- $81.77
- Price spread: −0.010% → +0.057%
- −$6.65
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $53.12
- Costs to cover
- 0.220%
- Break-even
- 2.5 days
Slippage unknown: Binance: live order book, 15 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 Binance live order book, 15 min ago | 0.54 bp | 8.5 bp −$8 | 17.5 bp −$175 | 61.7 bp −$6,166 | 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 | 0.09310 | −0.054% | $7.4M | $7.7M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09299 | −0.169% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09315 | +0.002% | $8K | — | 150x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0028% | 8h | 0.09312 | −0.035% | $379K | $2.2M | 10x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09267 | −0.515% | $1K | $106K | 12x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0056% | 1h | 0.09306 | −0.097% | $227K | $2.2M | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0057% | 1h | 0.09321 | +0.063% | $1.4M | $2.3M | 50x | as long as short |
| ApeX Omni HBARUSDT | +0.0068% | 1h | 0.09290 | −0.268% | $149K | $718K | 50x | as long as short |
| Extended HBAR-USD | +0.0072% | 1h | 0.09313 | −0.023% | $53K | $332K | 10x | as long as short |
| MEXC HBAR_USDT | +0.0073% | 8h | 0.09314 | −0.011% | $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 HBARUSDTlong | +0.0074% | 8h | 0.09315 | long leg | $35.0M | $108.6M | 75x | |
| Variational Omni HBAR | +0.0075% | 8h | 0.09309 | −0.064% | $1.0M | $197K | — | as long as short |
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09313 | −0.021% | $2K | $17K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09313 | −0.021% | $570K | $553K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09324 | +0.101% | $8.9M | $2.8M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09320 | +0.058% | $213K | $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 | 0.09313 | −0.021% | $6.9M | $25.1M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09317 | +0.021% | $2.4M | $3.4M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09315 | 0.000% | $17.3M | $15.0M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09314 | −0.011% | — | $5.9M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09317 | +0.021% | $32K | $106K | 15x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09314 | −0.011% | $432 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09312 | −0.032% | $74K | $60K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09312 | −0.032% | $2.2M | $2.1M | 50x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0179% | 1h | 0.09323 | +0.086% | $513K | $166K | 50x | as long as short |
| BloFin HBAR-USDT | +0.0193% | 8h | 0.09286 | −0.311% | $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 | −0.010% | $124K | — | 100x |
Variational Omni HBAR
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