Funding you earn now, next payment 01:00 UTC+0.0487%/8h= +53.3% APRpaid last 24h +0.091%
Price spread now: GMX against MEXC+0.012%7-day average +0.047% · 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)+0.250%+$25 on $10k
+Price spread, last 3 days (all we have)+0.030%+$3 · spread now +0.012%, 7d avg +0.047%
=Funding pays, the price is against you. GMX is 0.035% cheaper against MEXC than usual: you would sell low and buy high (spread +0.012% now, against its 7-day average of +0.047%). If the spread goes back, that is −$3 on $10k: about 6 hours of funding at the current rate (+$15 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC HBAR_USDT | 0.09243 | 0.0075 | pay 0.0075% / 8h | 7h 01m | $26.8M | $22.6M | 200x |
| Short | GMX HBAR/USD [WBTC.b-USDC] | 0.09244 | L +0.0494% / S −0.0562% | get 0.0070% / 1h | 1m 20s | $117K | — | 100x |
MEXC HBAR_USDT
GMX HBAR/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against MEXC. 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
- $102.24
- Price spread: +0.012% → +0.047%
- −$3.48
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $86.76
- Costs to cover
- 0.120%
- Break-even
- 1.1 days
Slippage unknown: MEXC: live order book, 2 min ago; GMX: no order-book sample. 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 MEXC live order book, 2 min ago | 0.54 bp | 3.2 bp −$3 | 11.4 bp −$114 | 33.9 bp −$3,389 | 113.5 bp −$56.7K |
| 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 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 | −0.0075% | 8h | 0.09246 | +0.032% | $7.3M | $7.5M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09261 | +0.194% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09245 | +0.022% | $509K | $152K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09245 | +0.020% | $8K | — | 150x | as long as short |
| ApeX Omni HBARUSDT | +0.0023% | 1h | 0.09277 | +0.368% | $148K | $723K | 50x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09267 | +0.260% | $1K | $106K | 12x | as long as short |
| Gate HBAR_USDT | +0.0047% | 8h | 0.09240 | −0.032% | $2.4M | $3.4M | 75x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0056% | 1h | 0.09247 | +0.043% | $225K | $2.1M | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0058% | 1h | 0.09241 | −0.024% | $1.4M | $2.3M | 50x | as long as short |
| Variational Omni HBAR | +0.0061% | 8h | 0.09237 | −0.066% | $1.0M | $187K | — | as long as short |
KuCoin HBARUSDTM
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
ApeX Omni HBARUSDT
Injective HBAR/USDC PERP
Gate HBAR_USDT
Coinbase International HBAR-PERP-INTX
Kraken Futures PF_HBARUSD
Variational Omni HBARShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended HBAR-USD | +0.0072% | 1h | 0.09236 | −0.079% | $53K | $275K | 10x | as long as short |
| Binance HBARUSDT | +0.0074% | 8h | 0.09235 | −0.091% | $34.7M | $104.6M | 75x | as long as short |
| MEXC HBAR_USDTlong | +0.0075% | 8h | 0.09243 | long leg | $26.8M | $22.6M | 200x | |
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09239 | −0.043% | $2K | $17K | 10x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0079% | 8h | 0.09308 | +0.703% | $374K | $2.2M | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09234 | −0.097% | $566K | $554K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09258 | +0.157% | $8.9M | $2.7M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09251 | +0.087% | $211K | $358K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09231 | −0.130% | $33.0M | $35.0M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09233 | −0.108% | $6.8M | $24.6M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09237 | −0.065% | $17.1M | $14.7M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09240 | −0.032% | — | $6.2M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09246 | +0.032% | $34K | $110K | 15x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09235 | −0.087% | $429 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09260 | +0.184% | $73K | $61K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09241 | −0.022% | $2.2M | $2.1M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0194% | 8h | 0.09235 | −0.087% | $1.5M | $5.4M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC]short | L +0.0494% / S −0.0562% | 1h | 0.09244 | +0.012% | $117K | — | 100x |
Extended HBAR-USD
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