Funding you earn now, next payment 00:00 UTC+0.0097%/8h= +10.6% APRpaid last 24h −0.035%
Price spread now: Lighter against Gate+0.022%7-day average −0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$520.518% of the position
Funding, last 7 days−0.199%−$20 on $10k
+Price spread, last 4 days (all we have)−0.127%−$13 · spread now +0.022%, 7d avg −0.054%
=Together, before fees−0.326%+ Points / potential airdropLighter: Season 3 · farm board−$33 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Lighter is 0.075% dearer against Gate than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.054%. Mind the row above: over the last 7 days funding on this pair cost −0.199%, 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 | Gate HBAR_USDT | 0.09294 | −0.0001 | get 0.0001% / 8h | 57m 21s | $2.4M | $3.6M | 75x |
| Short | Lighter HBAR | 0.09296 | 0.0096 | get 0.0012% / 1h | 57m 21s | $570K | $591K | 5x |
Gate HBAR_USDT
Lighter HBARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Gate. 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
- $20.37
- Price spread: +0.022% → −0.054%
- $7.5
- Slippage, 4 orders
- −$36.82
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$23.95
- Costs to cover
- 0.518%
- Break-even
- 15.2 days
Slippage from Gate: live order book, 6 min ago; Lighter: live order book, 13 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 Gate live order book, 6 min ago | 1.62 bp | 16.1 bp −$16 | 59.1 bp −$591 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 13 min ago | 2.71 bp | 9.3 bp −$9 | 58.9 bp −$589 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HBARUSDTM | −0.0029% | 8h | 0.09294 | 0.000% | $7.4M | $7.8M | 75x | as long as short |
| Gate HBAR_USDTlong | −0.0001% | 8h | 0.09294 | long leg | $2.4M | $3.6M | 75x | |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09303 | +0.093% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09304 | +0.108% | $512K | $166K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09301 | +0.080% | $8K | — | 150x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09301 | +0.075% | $222K | $2.2M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0077% | 8h | 0.09294 | 0.000% | $2K | $17K | 10x | as long as short |
| Variational Omni HBAR | +0.0086% | 8h | 0.09276 | −0.191% | $1.0M | $198K | — | as long as short |
| Lighter HBARshort | +0.0096% | 1h | 0.09296 | +0.022% | $570K | $591K | 5x | |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09307 | +0.141% | $8.9M | $2.9M | 5x | as long as short |
KuCoin HBARUSDTM
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Coinbase International HBAR-PERP-INTX
Orderly PERP_HBAR_USDC
Variational Omni 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 | 0.09301 | +0.071% | $212K | $429K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09297 | +0.028% | $34.8M | $110.1M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09297 | +0.032% | $33.1M | $37.0M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09296 | +0.022% | $6.8M | $25.2M | 50x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09299 | +0.054% | $25.7M | $22.0M | 200x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09299 | +0.054% | $17.2M | $15.0M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09296 | +0.022% | — | $5.9M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09299 | +0.054% | $34K | $102K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09280 | −0.155% | $377K | $2.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09292 | −0.022% | $149K | $707K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09297 | +0.032% | $432 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09309 | +0.161% | $73K | $54K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09295 | +0.011% | $2.2M | $2.2M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09293 | −0.006% | $51K | $218K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09299 | +0.054% | $1.5M | $5.6M | 90x | as long as short |
| Injective HBAR/USDC PERP | +0.0242% | 1h | 0.09267 | −0.291% | $1K | $112K | 12x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0412% | 1h | 0.09305 | +0.118% | $1.4M | $2.2M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0448% / S −0.0478% | 1h | 0.09301 | +0.079% | $104K | — | 100x | as long as short |
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
MEXC HBAR_USDT
Bitget HBARUSDT
BingX HBAR-USDT
Backpack HBAR_USDC_PERP
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
BloFin HBAR-USDT
Injective HBAR/USDC PERP
Kraken Futures PF_HBARUSD
GMX HBAR/USD [WBTC.b-USDC]