Spread before costs (cost unknown: a leg has no order-book sample)+0.002%
7d average+0.037%if it closes, per $10,000$0funding while held, a day+$11.55
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate HBAR_USDT | 0.09246 | 0.0074 | pay 0.0074% / 8h | 3m 58s | $2.5M | $4.0M | 75x |
| Short | GMX HBAR/USD [WBTC.b-USDC] | 0.09246 | L +0.0438% / S −0.0459% | get 0.0057% / 1h | 3m 58s | $101K | — | 100x |
Gate HBAR_USDT
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
- $0.22
- Funding while held
- $11.55
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$15.23
- Spread needed to break even
- 0.270%
Slippage unknown: Gate: live order book, 6 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0385%
- Per $10,000 a day
- +$11.55
- 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 Gate live order book, 6 min ago | 2.73 bp | 17.3 bp −$17 | 52.6 bp −$526 | 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.Injective0.09174cheapestApeX Omni0.09201+0.294%Variational Omni0.09211+0.404%Bybit0.09237+0.687%BingX0.09237+0.687%OKX0.09238+0.698%Binance0.09238+0.702%Orderly0.09240+0.719%KuCoin0.09241+0.730%Lighter0.09242+0.741%MEXC0.09242+0.741%SoDEX0.09242+0.741%Extended0.09242+0.746%dYdX0.09243+0.749%Phemex0.09243+0.752%Coinbase International0.09244+0.763%BloFin0.09245+0.774%gTrade (Gains Network)0.09246+0.782%
Injective
ApeX Omni
Variational Omni
Bybit
BingX
OKX
Binance
Orderly
KuCoin
Lighter
MEXC
SoDEX
Extended
dYdX
Phemex
Coinbase International
BloFin
gTrade (Gains Network)Gate0.09246+0.785%
GMX0.09246+0.787%
Bitget0.09247+0.796%Backpack0.09248+0.807%Aster0.09248+0.811%HTX0.09251+0.839%Kraken Futures0.09253+0.861%Deribit0.09253+0.861%Hyperliquid0.09254+0.874%
Bitget
Backpack
Aster
HTX
Kraken Futures
Deribit
HyperliquidHBAR on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective HBAR/USDC PERP | −0.779% | −0.2844% | 1h | $6K | $128K | 12x | as long as short |
| ApeX Omni HBARUSDT | −0.487% | +0.0094% | 1h | $169K | $718K | 50x | as long as short |
| Variational Omni HBAR | −0.378% | −0.0045% | 8h | $1.0M | $225K | — | as long as short |
| Bybit HBARUSDT | −0.097% | +0.0100% | 8h | $33.3M | $42.9M | 75x | as long as short |
| BingX HBAR-USDC | −0.097% | −0.0014% | 8h | — | $6.6M | — | as long as short |
| OKX HBAR-USDT-SWAP | −0.087% | +0.0100% | 8h | $7.1M | $30.2M | 50x | as long as short |
| Binance HBARUSDT | −0.083% | −0.0006% | 8h | $36.4M | $121.2M | 75x | as long as short |
| Orderly PERP_HBAR_USDC | −0.065% | +0.0047% | 8h | $5K | $20K | 10x | as long as short |
| KuCoin HBARUSDTM | −0.054% | +0.0084% | 8h | $7.4M | $8.6M | 75x | as long as short |
| Lighter HBAR | −0.043% | +0.0096% | 1h | $567K | $641K | 5x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC HBAR_USDT | −0.043% | −0.0006% | 8h | $33.0M | $27.5M | 200x | as long as short |
| SoDEX HBAR-USD | −0.043% | +0.0100% | 1h | $429 | $6K | 5x | as long as short |
| Extended HBAR-USD | −0.038% | −0.0008% | 1h | $52K | $207K | 10x | as long as short |
| dYdX HBAR-USD | −0.035% | 0.0000% | 1h | $30K | $10K | 5x | as long as short |
| Phemex HBARUSDT | −0.032% | +0.0100% | 8h | $2.2M | $2.2M | 50x | as long as short |
| Coinbase International HBAR-PERP-INTX | −0.022% | +0.0064% | 1h | $201K | $3.3M | 50x | as long as short |
| BloFin HBAR-USDT | −0.011% | +0.0114% | 8h | $1.6M | $11.6M | 90x | as long as short |
| gTrade (Gains Network) HBAR/USD | −0.003% | L +0.0007% / S −0.0013% | 1h | $8K | — | 150x | as long as short |
| Gate HBAR_USDTlong | 0.000% | +0.0074% | 8h | $2.5M | $4.0M | 75x | |
| GMX HBAR/USD [WBTC.b-USDC]short | +0.002% | L +0.0438% / S −0.0459% | 1h | $101K | — | 100x | |
| Bitget HBARUSDT | +0.011% | +0.0100% | 8h | $17.4M | $14.6M | 75x | as long as short |
| Backpack HBAR_USDC_PERP | +0.022% | +0.0100% | 1h | $29K | $144K | 15x | as long as short |
| Aster HBARUSDT | +0.026% | +0.0100% | 8h | $246K | $643K | 50x | as long as short |
| HTX HBAR-USDT | +0.054% | +0.0100% | 8h | $73K | $55K | 20x | as long as short |
| Kraken Futures PF_HBARUSD | +0.075% | +0.0510% | 1h | $1.4M | $2.7M | 50x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.076% | +0.0182% | 1h | $509K | $166K | 50x | as long as short |
| Hyperliquid HBAR | +0.089% | +0.0100% | 1h | $9.0M | $3.4M | 5x | as long as short |