Settings8H · net · $10k
Funding arb · Price arb /

HBAR

all HBAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.031%
Price spread now: Lighter against Aster−0.001%7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$510.514% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.207%−$21 on $10k
Price spread, last 4 days (all we have)−0.013%−$1 · spread now −0.001%, 7d avg −0.072%
Together, before fees−0.220%+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm board−$22 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.071% dearer against Aster than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.072%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster HBARUSDT0.091880.0100pay 0.0100% / 8h2h 47m$215K$451K50x
ShortLighter HBAR0.091880.0096get 0.0012% / 1h47m 42s$564K$590K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$0.84
Price spread: −0.001% → −0.072%
$7.1
Slippage, 4 orders
−$43.37
Fee Aster: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$45.11
Costs to cover
0.514%
Break-even
never at this rate
Slippage from Aster: live order book, 39 min ago; Lighter: live order book, 36 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 39 min ago8.17 bp14.6 bp −$15114.3 bp −$1,143doesn't fitdoesn't fit
Sell Lighter live order book, 36 min ago2.73 bp10.2 bp −$1054.0 bp −$540doesn't fitdoesn't fit

HBAR on 28 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni HBARUSDT−0.0098%1h0.09182−0.066%$147K$704K50xas long as short
KuCoin HBARUSDTM−0.0033%8h0.09186−0.023%$7.3M$7.9M75xas long as short
Gate HBAR_USDT−0.0027%8h0.09185−0.034%$2.4M$3.5M75xas long as short
Deribit HBAR_USDC-PERPETUAL0.0000%1h0.09202+0.151%$507K$151K50xas long as short
gTrade (Gains Network) HBAR/USDL +0.0007% / S −0.0014%1h0.09198+0.105%$8K150xas long as short
Extended HBAR-USD+0.0048%1h0.09189+0.011%$51K$210K10xas long as short
MEXC HBAR_USDT+0.0051%8h0.09188−0.001%$24.0M$22.6M200xas long as short
Binance HBARUSDT+0.0051%8h0.09188−0.001%$34.6M$111.5M75xas long as short
Variational Omni HBAR+0.0052%8h0.09176−0.136%$1.0M$200Kas long as short
Coinbase International HBAR-PERP-INTX+0.0072%1h0.09197+0.097%$220K$2.2M50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack HBAR_USDC_PERP+0.0073%1h0.09195+0.075%$31K$101K15xas long as short
Orderly PERP_HBAR_USDC+0.0076%8h0.09192+0.043%$2K$18K10xas long as short
Lighter HBARshort+0.0096%1h0.09188−0.001%$564K$590K5x
Hyperliquid HBAR+0.0100%1h0.09204+0.170%$8.8M$2.9M5xas long as short
Aster HBARUSDTlong+0.0100%8h0.09188long leg$215K$451K50x
Bybit HBARUSDT+0.0100%8h0.09188−0.001%$32.9M$37.0M75xas long as short
OKX HBAR-USDT-SWAP+0.0100%8h0.09187−0.012%$6.9M$24.6M50xas long as short
Bitget HBARUSDT+0.0100%8h0.09191+0.032%$16.9M$14.9M75xas long as short
BingX HBAR-USDT+0.0100%8h0.09189+0.010%$5.9Mas long as short
GRVT HBAR_USDT_Perp+0.0100%8h0.09178−0.113%$371K$2.1M10xas long as short
SoDEX HBAR-USD+0.0100%1h0.09193+0.053%$427$6K5xas long as short
HTX HBAR-USDT+0.0100%8h0.09202+0.151%$72K$53K20xas long as short
Phemex HBARUSDT+0.0100%8h0.09188−0.001%$2.2M$2.2M50xas long as short
BloFin HBAR-USDT+0.0172%8h0.09180−0.088%$1.5M$5.6M90xas long as short
Injective HBAR/USDC PERP+0.0311%1h0.09211+0.249%$1K$84K12xas long as short
Kraken Futures PF_HBARUSD+0.0383%1h0.09202+0.152%$1.4M$2.4M50xas long as short
GMX HBAR/USD [WBTC.b-USDC]L +0.0445% / S −0.0331%1h0.09198+0.104%$116K100xas long as short
dYdX HBAR-USD+0.3546%1h0.09191+0.026%$30K$4K5xas long as short