Funding you earn now, next payment 02:00 UTC+0.0025%/8h= +2.7% APRpaid last 24h −0.006%
Price spread now: Lighter against Binance−0.098%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$460.457% of the position
Funding, last 7 days−0.162%−$16 on $10k
+Price spread, last 4 days (all we have)+0.045%+$4 · spread now −0.098%, 7d avg −0.034%
=Together, before fees−0.117%+ Points / potential airdropLighter: Season 3 · farm board−$12 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.064% cheaper against Binance than usual: you would sell low and buy high (spread −0.098% now, against its 7-day average of −0.034%). If the spread goes back, that is −$6 on $10k: about 8.5 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.162%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HBARUSDT | 0.09276 | 0.0071 | pay 0.0071% / 8h | 6h 50m | $34.6M | $104.4M | 75x |
| Short | Lighter HBAR | 0.09267 | 0.0096 | get 0.0012% / 1h | 50m 00s | $561K | $582K | 5x |
Binance HBARUSDT
Lighter HBARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Binance. 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
- $5.25
- Price spread: −0.098% → −0.034%
- −$6.39
- Slippage, 4 orders
- −$35.65
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$46.79
- Costs to cover
- 0.457%
- Break-even
- 69.4 days
Slippage from Binance: live order book, 8 min ago; Lighter: live order book, 10 min ago.
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 Binance live order book, 8 min ago | 0.54 bp | 9.2 bp −$9 | 15.8 bp −$158 | 56.7 bp −$5,672 | doesn't fit |
| Sell Lighter live order book, 10 min ago | 2.71 bp | 10.3 bp −$10 | 69.0 bp −$690 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni HBARUSDT | −0.0366% | 1h | 0.09243 | −0.356% | $147K | $724K | 50x | as long as short |
| KuCoin HBARUSDTM | −0.0076% | 8h | 0.09274 | −0.022% | $7.3M | $7.4M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09262 | −0.150% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09267 | −0.094% | $8K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09182 | −1.014% | $1K | $106K | 12x | as long as short |
| Gate HBAR_USDT | +0.0050% | 8h | 0.09276 | −0.001% | $2.4M | $3.0M | 75x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09277 | +0.010% | $227K | $2.1M | 50x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0067% | 8h | 0.09243 | −0.356% | $371K | $2.2M | 10x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0069% | 1h | 0.09278 | +0.020% | $1.4M | $2.3M | 50x | as long as short |
| MEXC HBAR_USDT | +0.0071% | 8h | 0.09275 | −0.011% | $26.5M | $21.7M | 200x | as long as short |
ApeX Omni HBARUSDT
KuCoin HBARUSDTM
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Gate HBAR_USDT
Coinbase International HBAR-PERP-INTX
GRVT HBAR_USDT_Perp
Kraken Futures PF_HBARUSD
MEXC HBAR_USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance HBARUSDTlong | +0.0071% | 8h | 0.09276 | long leg | $34.6M | $104.4M | 75x | |
| Extended HBAR-USD | +0.0072% | 1h | 0.09275 | −0.011% | $47K | $278K | 10x | as long as short |
| Variational Omni HBAR | +0.0072% | 8h | 0.09252 | −0.259% | $1.0M | $186K | — | as long as short |
| Orderly PERP_HBAR_USDC | +0.0074% | 8h | 0.09265 | −0.119% | $2K | $17K | 10x | as long as short |
| Lighter HBARshort | +0.0096% | 1h | 0.09267 | −0.098% | $561K | $582K | 5x | |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09286 | +0.111% | $8.9M | $2.7M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09273 | −0.035% | $212K | $346K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09277 | +0.010% | $33.0M | $35.0M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09276 | −0.001% | $6.8M | $24.7M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09276 | −0.001% | $17.2M | $14.7M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09277 | +0.010% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09278 | +0.021% | $37K | $118K | 15x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09272 | −0.044% | $430 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09281 | +0.053% | $71K | $66K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09272 | −0.044% | $2.2M | $2.1M | 50x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0181% | 1h | 0.09278 | +0.021% | $511K | $154K | 50x | as long as short |
| BloFin HBAR-USDT | +0.0191% | 8h | 0.09254 | −0.238% | $1.5M | $5.4M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0487% / S −0.0549% | 1h | 0.09266 | −0.106% | $115K | — | 100x | as long as short |
Extended HBAR-USD
Variational Omni HBAR
Orderly PERP_HBAR_USDC
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Deribit HBAR_USDC-PERPETUAL
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]