Funding you earn now, next payment 02:00 UTC+0.0093%/8h= +10.2% APRnext payment +$0.12 per $10,000 · paid last 24h +0.043%
Price spread now: Hyperliquid against gTrade (Gains Network)+0.059%7-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—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Hyperliquid is 0.059% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) HBAR/USD | 0.09193 | L +0.0007% / S −0.0014% | pay 0.0001% / 1h | 59m 57s | $8K | — | 150x |
| Short | Hyperliquid HBAR | 0.09198 | 0.0100 | get 0.0013% / 1h | 59m 57s | $8.8M | $2.6M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against gTrade (Gains Network). 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
- $19.59
- Price spread: +0.059% → 0.000%
- $5.89
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $6.48
- Costs to cover
- 0.190%
- Break-even
- 4.7 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Hyperliquid: live order book, 2 min ago. 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 2 min ago | 0.11 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
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 27 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 | −0.0054% | 8h | 0.09188 | −0.052% | $7.1M | $7.3M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09195 | +0.025% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USDlong | L +0.0007% / S −0.0014% | 1h | 0.09193 | long leg | $8K | — | 150x | |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | +0.970% | $1K | $106K | 12x | as long as short |
| Gate HBAR_USDT | +0.0056% | 8h | 0.09185 | −0.085% | $2.4M | $3.0M | 75x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09197 | +0.046% | $223K | $2.1M | 50x | as long as short |
| Variational Omni HBAR | +0.0065% | 8h | 0.09198 | +0.055% | $1.0M | $187K | — | as long as short |
| Kraken Futures PF_HBARUSD | +0.0069% | 1h | 0.09193 | +0.007% | $1.4M | $2.5M | 50x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0076% | 1h | 0.09195 | +0.024% | $506K | $151K | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0078% | 8h | 0.09188 | −0.052% | $2K | $17K | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC HBAR_USDT | +0.0083% | 8h | 0.09185 | −0.085% | $25.9M | $22.0M | 200x | as long as short |
| Binance HBARUSDT | +0.0085% | 8h | 0.09189 | −0.041% | $34.1M | $104.0M | 75x | as long as short |
| Extended HBAR-USD | +0.0088% | 1h | 0.09189 | −0.046% | $47K | $273K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09183 | −0.106% | $558K | $596K | 5x | as long as short |
| Hyperliquid HBARshort | +0.0100% | 1h | 0.09198 | +0.059% | $8.8M | $2.6M | 5x | |
| Aster HBARUSDT | +0.0100% | 8h | 0.09188 | −0.051% | $210K | $322K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09190 | −0.030% | $32.6M | $34.0M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09190 | −0.030% | $6.7M | $24.2M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09190 | −0.030% | $17.0M | $14.8M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09186 | −0.074% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09186 | −0.074% | $32K | $120K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09210 | +0.187% | $371K | $2.3M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09219 | +0.285% | $147K | $711K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09189 | −0.041% | $427 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09214 | +0.231% | $70K | $66K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09189 | −0.041% | $2.1M | $2.1M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0486% / S −0.0462% | 1h | 0.09191 | −0.015% | $119K | — | 100x | as long as short |
gTrade (Gains Network) HBAR/USD
Hyperliquid HBAR
KuCoin HBARUSDTM
Injective HBAR/USDC PERP
Gate HBAR_USDT
Coinbase International HBAR-PERP-INTX
Variational Omni HBAR
Kraken Futures PF_HBARUSD
Deribit HBAR_USDC-PERPETUAL
MEXC HBAR_USDT
Binance HBARUSDT
Extended HBAR-USD
Lighter HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
GMX HBAR/USD [WBTC.b-USDC]