Funding you earn now, next payment 10:00 UTC−0.0405%/8h= −44.3% APRnext payment −$0.51 per $10,000 · paid last 24h −0.133%
Price spread now: Lighter against GMX−0.023%7-day average −0.068% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)−0.638%−$64 on $10k
+Price spread, last 5 days (all we have)−0.088%−$9 · spread now −0.023%, 7d avg −0.068%
=Together, before fees−0.727%+ Points / potential airdropLighter: Season 3 · farm board−$73 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.045% dearer against GMX than usual: you sell high and buy low (spread −0.023% now, against its 7-day average of −0.068%): +$5 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 9 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX HBAR/USD [WBTC.b-USDC] | 0.09733 | L +0.0501% / S −0.0430% | pay 0.0063% / 1h | 8m 11s | $128K | — | 100x |
| Short | Lighter HBAR | 0.09731 | 0.0096 | get 0.0012% / 1h | 8m 11s | $587K | $266K | 5x |
GMX HBAR/USD [WBTC.b-USDC]
Lighter HBARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against GMX. 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
- −$85.02
- Price spread: −0.023% → −0.068%
- $4.55
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$92.48
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Lighter: live order book, 45 min ago. 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 GMX no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 45 min ago | 3.08 bp | 11.1 bp −$11 | 41.7 bp −$417 | doesn't fit | doesn't fit |
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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0008% | 1h | 0.09751 | +0.181% | $11K | — | 150x | as long as short |
| Variational Omni HBAR | +0.0008% | 8h | 0.09747 | +0.144% | $1.0M | $128K | — | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09895 | +1.662% | $2K | $80K | 12x | as long as short |
| Lighter HBARshort | +0.0096% | 1h | 0.09731 | −0.023% | $587K | $266K | 5x | |
| Orderly PERP_HBAR_USDC | +0.0099% | 8h | 0.09735 | +0.018% | $6K | $25K | 10x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09743 | +0.104% | $7.4M | $3.7M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09742 | +0.092% | $214K | $152K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09733 | −0.003% | $35.3M | $98.7M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09726 | −0.074% | $32.0M | $42.4M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09732 | −0.012% | $6.6M | $24.3M | 50x | as long as short |
gTrade (Gains Network) HBAR/USD
Variational Omni HBAR
Injective HBAR/USDC PERP
Orderly PERP_HBAR_USDC
Hyperliquid HBAR
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAPShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate HBAR_USDT | +0.0100% | 8h | 0.09736 | +0.029% | $2.7M | $5.5M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09733 | −0.002% | $29.2M | $18.0M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09732 | −0.012% | $7.1M | $5.5M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09735 | +0.018% | $18.7M | $20.1M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09732 | −0.012% | — | $5.8M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09733 | −0.002% | $40K | $154K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09747 | +0.139% | $398K | $899K | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09745 | +0.121% | $150K | $683K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09748 | +0.152% | $453 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09747 | +0.142% | $72K | $109K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09735 | +0.018% | $2.2M | $3.2M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09735 | +0.015% | $56K | $612K | 10x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0161% | 1h | 0.09741 | +0.080% | $537K | $603K | 50x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09751 | +0.183% | $1.6M | $3.7M | 90x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0240% | 1h | 0.09745 | +0.121% | $228K | $4.4M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC]long | L +0.0501% / S −0.0430% | 1h | 0.09733 | long leg | $128K | — | 100x | |
| Kraken Futures PF_HBARUSD | +0.0629% | 1h | 0.09744 | +0.111% | $1.8M | $4.5M | 50x | as long as short |
| dYdX HBAR-USD | +0.2922% | 1h | 0.09750 | +0.167% | $43K | $21K | 5x | as long as short |
Gate HBAR_USDT
MEXC HBAR_USDT
KuCoin HBARUSDTM
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
Deribit HBAR_USDC-PERPETUAL
BloFin HBAR-USDT
Coinbase International HBAR-PERP-INTX
Kraken Futures PF_HBARUSD
dYdX HBAR-USD