Funding you earn now, next payment 07:00 UTC+0.0161%/8h= +17.6% APRpaid last 24h +0.126%
Price spread now: GMX against Variational Omni−0.156%7-day average +0.064% · 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)+0.354%+$35 on $10k
+Price spread, last 4 days (all we have)+0.222%+$22 · spread now −0.156%, 7d avg +0.064%
=Together, before fees+0.576%+ Points / potential airdropVariational Omni: Active · farm board+$58 on $10k · with fees, hour by hour
Funding pays, the price is against you. GMX is 0.220% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.156% now, against its 7-day average of +0.064%). If the spread goes back, that is −$22 on $10k: about 4.6 days of funding at the current rate (+$5 a day). At the pace of the last 3 days (+0.354% in total) that is about 2.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni HBAR | 0.09336 | 0.0100 | pay 0.0100% / 8h | 1h 03m | $1.0M | $181K | — |
| Short | GMX HBAR/USD [WBTC.b-USDC] | 0.09321 | L +0.0360% / S −0.0261% | get 0.0033% / 1h | 3m 03s | $84K | — | 100x |
Variational Omni HBAR
GMX HBAR/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Variational Omni. 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
- $33.75
- Price spread: −0.156% → +0.064%
- −$22.03
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$0.28
- Costs to cover
- 0.120%
- Break-even
- 7.1 days
Slippage unknown: Variational Omni: RFQ quote, 1 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 Variational Omni RFQ quote, 1 min ago | 3.75 bp | doesn't fit | 18.8 bp −$188 | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_HBARUSD | −0.0265% | 1h | 0.09325 | −0.112% | $1.3M | $3.0M | 50x | as long as short |
| Backpack HBAR_USDC_PERP | −0.0213% | 1h | 0.09322 | −0.149% | $35K | $201K | 15x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09328 | −0.088% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09327 | −0.095% | $514K | $178K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0011% | 1h | 0.09320 | −0.167% | $9K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | −0.577% | $1K | $103K | 12x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0078% | 8h | 0.09320 | −0.170% | $4K | $10K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0080% | 1h | 0.09325 | −0.116% | $206K | $2.3M | 50x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09322 | −0.149% | $561K | $600K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09330 | −0.062% | $8.7M | $3.7M | 5x | as long as short |
Kraken Futures PF_HBARUSD
Backpack HBAR_USDC_PERP
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Orderly PERP_HBAR_USDC
Coinbase International HBAR-PERP-INTX
Lighter HBAR
Hyperliquid HBARShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HBARUSDT | +0.0100% | 8h | 0.09324 | −0.128% | $200K | $329K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09315 | −0.226% | $34.3M | $111.6M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09318 | −0.191% | $31.9M | $35.7M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09315 | −0.224% | $6.6M | $25.0M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09323 | −0.138% | $2.4M | $2.7M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09320 | −0.170% | $25.8M | $20.2M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09322 | −0.149% | $7.4M | $7.5M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09321 | −0.159% | $17.3M | $15.8M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09322 | −0.149% | — | $6.7M | — | as long as short |
| Variational Omni HBARlong | +0.0100% | 8h | 0.09336 | long leg | $1.0M | $181K | — | |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09330 | −0.060% | $379K | $3.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09337 | +0.012% | $152K | $703K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09320 | −0.170% | $433 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09360 | +0.259% | $71K | $70K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09322 | −0.149% | $2.2M | $2.1M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09312 | −0.254% | $53K | $233K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09315 | −0.224% | $1.5M | $5.7M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC]short | L +0.0360% / S −0.0261% | 1h | 0.09321 | −0.156% | $84K | — | 100x |
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
MEXC HBAR_USDT
KuCoin HBARUSDTM
Bitget HBARUSDT
BingX HBAR-USDC
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
BloFin HBAR-USDT