Funding you earn now, next payment 02:00 UTC−0.0412%/8h= −45.1% APRpaid last 24h −0.105%
Price spread now: MEXC against GMX−0.147%7-day average −0.046% · 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)−0.304%−$30 on $10k
+Price spread, last 3 days (all we have)+0.102%+$10 · spread now −0.147%, 7d avg −0.046%
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and MEXC is 0.101% cheaper against GMX than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.046%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX HBAR/USD [WBTC.b-USDC] | 0.09250 | L +0.0487% / S −0.0549% | pay 0.0061% / 1h | 18m 00s | $115K | — | 100x |
| Short | MEXC HBAR_USDT | 0.09236 | 0.0075 | get 0.0075% / 8h | 6h 18m | $26.1M | $22.0M | 200x |
GMX HBAR/USD [WBTC.b-USDC]
MEXC HBAR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$86.59
- Price spread: −0.147% → −0.046%
- −$10.14
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$108.73
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; MEXC: live order book, 1 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 MEXC live order book, 1 min ago | 0.54 bp | 1.7 bp −$2 | 7.0 bp −$70 | 37.1 bp −$3,710 | 105.2 bp −$52.6K |
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 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 | −0.0065% | 8h | 0.09239 | −0.115% | $7.2M | $7.4M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09247 | −0.027% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09250 | 0.000% | $8K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | +0.350% | $1K | $106K | 12x | as long as short |
| ApeX Omni HBARUSDT | +0.0036% | 1h | 0.09243 | −0.071% | $147K | $714K | 50x | as long as short |
| Gate HBAR_USDT | +0.0044% | 8h | 0.09233 | −0.179% | $2.4M | $3.0M | 75x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09219 | −0.331% | $218K | $2.1M | 50x | as long as short |
| Variational Omni HBAR | +0.0066% | 8h | 0.09240 | −0.106% | $1.0M | $187K | — | as long as short |
| Kraken Futures PF_HBARUSD | +0.0069% | 1h | 0.09249 | −0.005% | $1.4M | $2.4M | 50x | as long as short |
| Extended HBAR-USD | +0.0072% | 1h | 0.09223 | −0.292% | $47K | $278K | 10x | as long as short |
KuCoin HBARUSDTM
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
ApeX Omni HBARUSDT
Gate HBAR_USDT
Coinbase International HBAR-PERP-INTX
Variational Omni HBAR
Kraken Futures PF_HBARUSD
Extended HBAR-USDShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance HBARUSDT | +0.0075% | 8h | 0.09225 | −0.265% | $34.2M | $104.6M | 75x | as long as short |
| MEXC HBAR_USDTshort | +0.0075% | 8h | 0.09236 | −0.147% | $26.1M | $22.0M | 200x | |
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09243 | −0.071% | $2K | $17K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09242 | −0.082% | $562K | $596K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09241 | −0.098% | $8.8M | $2.7M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09242 | −0.079% | $211K | $322K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09225 | −0.266% | $32.7M | $34.6M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09227 | −0.244% | $6.7M | $24.5M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09232 | −0.190% | $17.0M | $14.9M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09232 | −0.190% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09233 | −0.179% | $32K | $120K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09248 | −0.017% | $379K | $2.2M | 10x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09245 | −0.050% | $429 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09253 | +0.037% | $71K | $66K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09238 | −0.125% | $2.1M | $2.2M | 50x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0291% | 1h | 0.09252 | +0.026% | $509K | $151K | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC]long | L +0.0487% / S −0.0549% | 1h | 0.09250 | long leg | $115K | — | 100x |
Binance HBARUSDT
Orderly PERP_HBAR_USDC
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
GRVT HBAR_USDT_Perp
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Deribit HBAR_USDC-PERPETUAL