Funding you earn now, next payment 01:00 UTC−0.0402%/8h= −44.1% APRnext payment −$0.50 per $10,000 · paid last 24h −0.087%
Price spread now: ApeX Omni against GMX+0.424%7-day average −0.018% · 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)−0.278%−$28 on $10k
+Price spread, last 3 days (all we have)−0.484%−$48 · spread now +0.424%, 7d avg −0.018%
=The price spread pays, funding is against you. ApeX Omni is 0.442% dearer against GMX than usual: you sell high and buy low (spread +0.424% now, against its 7-day average of −0.018%): +$44 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 3.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX HBAR/USD [WBTC.b-USDC] | 0.09275 | L +0.0494% / S −0.0562% | pay 0.0062% / 1h | 2m 52s | $117K | — | 100x |
| Short | ApeX Omni HBARUSDT | 0.09314 | 0.0092 | get 0.0011% / 1h | 2m 52s | $149K | $723K | 50x |
GMX HBAR/USD [WBTC.b-USDC]
ApeX Omni HBARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against GMX. 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
- −$84.52
- Price spread: +0.424% → −0.018%
- $44.15
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$62.37
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: GMX: no order-book sample; ApeX Omni: live order book, 6 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 GMX no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 6 min ago | 4.28 bp | 12.2 bp −$12 | 92.9 bp −$929 | doesn't fit | doesn't fit |
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 | −0.0079% | 8h | 0.09264 | −0.115% | $7.3M | $7.5M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09274 | −0.008% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09276 | +0.013% | $8K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09267 | −0.083% | $1K | $106K | 12x | as long as short |
| Gate HBAR_USDT | +0.0055% | 8h | 0.09273 | −0.018% | $2.4M | $3.4M | 75x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0056% | 1h | 0.09270 | −0.051% | $226K | $2.1M | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0057% | 1h | 0.09272 | −0.029% | $1.4M | $2.3M | 50x | as long as short |
| Variational Omni HBAR | +0.0065% | 8h | 0.09307 | +0.346% | $1.0M | $191K | — | as long as short |
| Extended HBAR-USD | +0.0072% | 1h | 0.09264 | −0.115% | $53K | $275K | 10x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0073% | 1h | 0.09282 | +0.079% | $511K | $152K | 50x | as long as short |
KuCoin HBARUSDTM
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Gate HBAR_USDT
Coinbase International HBAR-PERP-INTX
Kraken Futures PF_HBARUSD
Variational Omni HBAR
Extended HBAR-USD
Deribit HBAR_USDC-PERPETUALShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC HBAR_USDT | +0.0075% | 8h | 0.09276 | +0.014% | $27.0M | $22.6M | 200x | as long as short |
| Binance HBARUSDT | +0.0076% | 8h | 0.09272 | −0.024% | $34.9M | $105.0M | 75x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09270 | −0.051% | $2K | $17K | 10x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0079% | 8h | 0.09308 | +0.359% | $374K | $2.2M | 10x | as long as short |
| ApeX Omni HBARUSDTshort | +0.0092% | 1h | 0.09314 | +0.424% | $149K | $723K | 50x | |
| Lighter HBAR | +0.0096% | 1h | 0.09266 | −0.094% | $567K | $553K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09281 | +0.066% | $8.9M | $2.7M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09272 | −0.034% | $212K | $358K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09266 | −0.094% | $33.1M | $35.0M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09268 | −0.072% | $6.8M | $24.7M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09266 | −0.094% | $17.2M | $14.7M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09275 | +0.003% | — | $6.2M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09264 | −0.115% | $34K | $109K | 15x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09270 | −0.051% | $430 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09293 | +0.197% | $73K | $60K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09268 | −0.072% | $2.2M | $2.1M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0196% | 8h | 0.09267 | −0.083% | $1.5M | $5.4M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC]long | L +0.0494% / S −0.0562% | 1h | 0.09275 | long leg | $117K | — | 100x |
MEXC HBAR_USDT
Binance HBARUSDT
Orderly PERP_HBAR_USDC
GRVT HBAR_USDT_Perp
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDT
Backpack HBAR_USDC_PERP
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
BloFin HBAR-USDT