Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h −0.055%
Price spread now: Lighter against Hyperliquid−0.158%7-day average −0.154% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$410.414% of the position
Funding, last 7 days−0.257%−$26 on $10k
+Price spread, last 4 days (all we have)+0.017%+$2 · spread now −0.158%, 7d avg −0.154%
=Together, before fees−0.241%+ Points / potential airdropHyperliquid: Season 2 · Lighter: Season 3 · farm board−$24 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid HBAR | 0.09194 | 0.0100 | pay 0.0013% / 1h | 39m 35s | $8.8M | $2.9M | 5x |
| Short | Lighter HBAR | 0.09179 | 0.0096 | get 0.0012% / 1h | 39m 35s | $564K | $590K | 5x |
Hyperliquid HBAR
Lighter HBARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Hyperliquid. 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
- −$0.84
- Price spread: −0.158% → −0.154%
- −$0.36
- Slippage, 4 orders
- −$32.42
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$42.63
- Costs to cover
- 0.414%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 3 min ago; Lighter: live order book, 44 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 Hyperliquid live order book, 3 min ago | 0.11 bp | 8.5 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 44 min ago | 2.73 bp | 10.2 bp −$10 | 54.0 bp −$540 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate HBAR_USDT | −0.0040% | 8h | 0.09174 | −0.212% | $2.4M | $3.5M | 75x | as long as short |
| KuCoin HBARUSDTM | −0.0038% | 8h | 0.09176 | −0.190% | $7.3M | $7.9M | 75x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09201 | +0.082% | $507K | $150K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09197 | +0.040% | $8K | — | 150x | as long as short |
| Backpack HBAR_USDC_PERP | +0.0040% | 1h | 0.09199 | +0.060% | $31K | $101K | 15x | as long as short |
| Variational Omni HBAR | +0.0046% | 8h | 0.09187 | −0.076% | $1.0M | $198K | — | as long as short |
| Extended HBAR-USD | +0.0048% | 1h | 0.09169 | −0.265% | $51K | $210K | 10x | as long as short |
| MEXC HBAR_USDT | +0.0051% | 8h | 0.09170 | −0.256% | $24.0M | $22.7M | 200x | as long as short |
| Binance HBARUSDT | +0.0052% | 8h | 0.09170 | −0.251% | $34.5M | $110.5M | 75x | as long as short |
| ApeX Omni HBARUSDT | +0.0060% | 1h | 0.09182 | −0.125% | $147K | $705K | 50x | as long as short |
Gate HBAR_USDT
KuCoin HBARUSDTM
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Backpack HBAR_USDC_PERP
Variational Omni HBAR
Extended HBAR-USD
MEXC HBAR_USDT
Binance HBARUSDT
ApeX Omni HBARUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International HBAR-PERP-INTX | +0.0072% | 1h | 0.09197 | +0.038% | $221K | $2.2M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09192 | −0.016% | $2K | $18K | 10x | as long as short |
| Lighter HBARshort | +0.0096% | 1h | 0.09179 | −0.158% | $564K | $590K | 5x | |
| Hyperliquid HBARlong | +0.0100% | 1h | 0.09194 | long leg | $8.8M | $2.9M | 5x | |
| Aster HBARUSDT | +0.0100% | 8h | 0.09191 | −0.029% | $215K | $428K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09169 | −0.266% | $32.8M | $37.0M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09165 | −0.310% | $6.9M | $24.5M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09173 | −0.223% | $16.9M | $14.9M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09167 | −0.288% | — | $6.7M | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09178 | −0.170% | $373K | $2.1M | 10x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09192 | −0.016% | $427 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09206 | +0.136% | $72K | $53K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09195 | +0.016% | $2.2M | $2.2M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0172% | 8h | 0.09187 | −0.071% | $1.5M | $5.6M | 90x | as long as short |
| Injective HBAR/USDC PERP | +0.0311% | 1h | 0.09211 | +0.190% | $1K | $84K | 12x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0383% | 1h | 0.09202 | +0.091% | $1.4M | $2.4M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0445% / S −0.0366% | 1h | 0.09199 | +0.061% | $112K | — | 100x | as long as short |
| dYdX HBAR-USD | +0.2927% | 1h | 0.09181 | −0.136% | $30K | $4K | 5x | as long as short |
Coinbase International HBAR-PERP-INTX
Orderly PERP_HBAR_USDC
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDC
GRVT HBAR_USDT_Perp
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
BloFin HBAR-USDT
Injective HBAR/USDC PERP
Kraken Futures PF_HBARUSD
GMX HBAR/USD [WBTC.b-USDC]
dYdX HBAR-USD