Spread before costs (cost unknown: a leg has no order-book sample)−0.166%
7d average+0.023%if it closes, per $10,000$17funding while held, a day+$11.85
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International HBAR-PERP-INTX | 0.09265 | 0.0064 | pay 0.0008% / 1h | 59m 44s | $200K | $3.3M | 50x |
| Short | GMX HBAR/USD [WBTC.b-USDC] | 0.09250 | L +0.0439% / S −0.0459% | get 0.0057% / 1h | 59m 44s | $101K | — | 100x |
Coinbase International HBAR-PERP-INTX
GMX HBAR/USD [WBTC.b-USDC]Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$16.62
- Funding while held
- $11.85
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$26.77
- Spread needed to break even
- 0.220%
Slippage unknown: Coinbase International: live order book, 1 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0395%
- Per $10,000 a day
- +$11.85
- Average in range /8h
- —
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 Coinbase International live order book, 1 min ago | 2.16 bp | 13.5 bp −$13 | 18.7 bp −$187 | 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 price on every exchange
against the cheapest. Click to use as the short leg.Phemex0.09241cheapestBloFin0.09241cheapestSoDEX0.09243+0.022%Orderly0.09244+0.032%Backpack0.09245+0.043%Binance0.09247+0.064%Lighter0.09248+0.076%
Phemex
BloFin
SoDEX
Orderly
Backpack
Binance
LighterGMX0.09250+0.093%
Bybit0.09250+0.097%KuCoin0.09250+0.097%BingX0.09250+0.097%gTrade (Gains Network)0.09251+0.105%MEXC0.09251+0.108%Extended0.09252+0.117%Deribit0.09253+0.130%OKX0.09254+0.141%Bitget0.09254+0.141%ApeX Omni0.09254+0.141%Aster0.09255+0.149%Gate0.09256+0.162%Kraken Futures0.09257+0.175%Variational Omni0.09258+0.179%dYdX0.09260+0.205%Hyperliquid0.09265+0.260%
Bybit
KuCoin
BingX
gTrade (Gains Network)
MEXC
Extended
Deribit
OKX
Bitget
ApeX Omni
Aster
Gate
Kraken Futures
Variational Omni
dYdX
HyperliquidCoinbase International0.09265+0.260%
HTX0.09268+0.292%Injective0.09274+0.357%
HTX
InjectiveHBAR on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phemex HBARUSDT | −0.259% | +0.0100% | 8h | $2.2M | $2.2M | 50x | as long as short |
| BloFin HBAR-USDT | −0.259% | +0.0115% | 8h | $1.6M | $11.6M | 90x | as long as short |
| SoDEX HBAR-USD | −0.237% | +0.0100% | 1h | $429 | $6K | 5x | as long as short |
| Orderly PERP_HBAR_USDC | −0.227% | +0.0047% | 8h | $5K | $20K | 10x | as long as short |
| Backpack HBAR_USDC_PERP | −0.216% | +0.0100% | 1h | $28K | $143K | 15x | as long as short |
| Binance HBARUSDT | −0.195% | −0.0005% | 8h | $36.7M | $121.2M | 75x | as long as short |
| Lighter HBAR | −0.183% | +0.0096% | 1h | $567K | $598K | 5x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC]short | −0.166% | L +0.0439% / S −0.0459% | 1h | $101K | — | 100x | |
| Bybit HBARUSDT | −0.162% | +0.0100% | 8h | $33.4M | $42.8M | 75x | as long as short |
| KuCoin HBARUSDTM | −0.162% | +0.0081% | 8h | $7.4M | $8.6M | 75x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX HBAR-USDC | −0.162% | −0.0008% | 8h | — | $6.6M | — | as long as short |
| gTrade (Gains Network) HBAR/USD | −0.154% | L +0.0007% / S −0.0013% | 1h | $8K | — | 150x | as long as short |
| MEXC HBAR_USDT | −0.151% | −0.0005% | 8h | $32.7M | $27.6M | 200x | as long as short |
| Extended HBAR-USD | −0.142% | −0.0008% | 1h | $52K | $207K | 10x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | −0.130% | 0.0000% | 1h | $509K | $166K | 50x | as long as short |
| OKX HBAR-USDT-SWAP | −0.119% | +0.0100% | 8h | $7.1M | $30.2M | 50x | as long as short |
| Bitget HBARUSDT | −0.119% | +0.0100% | 8h | $17.3M | $14.7M | 75x | as long as short |
| ApeX Omni HBARUSDT | −0.119% | +0.0100% | 1h | $170K | $716K | 50x | as long as short |
| Aster HBARUSDT | −0.110% | +0.0100% | 8h | $246K | $643K | 50x | as long as short |
| Gate HBAR_USDT | −0.097% | +0.0083% | 8h | $2.5M | $4.0M | 75x | as long as short |
| Kraken Futures PF_HBARUSD | −0.085% | +0.0509% | 1h | $1.4M | $2.7M | 50x | as long as short |
| Variational Omni HBAR | −0.080% | −0.0047% | 8h | $1.0M | $225K | — | as long as short |
| dYdX HBAR-USD | −0.055% | 0.0000% | 1h | $30K | $10K | 5x | as long as short |
| Hyperliquid HBAR | 0.000% | +0.0100% | 1h | $9.0M | $3.4M | 5x | as long as short |
| Coinbase International HBAR-PERP-INTXlong | 0.000% | +0.0064% | 1h | $200K | $3.3M | 50x | |
| HTX HBAR-USDT | +0.032% | +0.0100% | 8h | $73K | $55K | 20x | as long as short |
| Injective HBAR/USDC PERP | +0.097% | −0.2844% | 1h | $6K | $128K | 12x | as long as short |