Funding you earn now, next payment 01:00 UTC+0.0175%/8h= +19.2% APRpaid last 24h −0.002%
Price spread now: Lighter against KuCoin0.000%7-day average −0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$550.546% of the position
Funding, last 7 days−0.144%−$14 on $10k
+Price spread, last 4 days (all we have)−0.025%−$3 · spread now 0.000%, 7d avg −0.052%
=Together, before fees−0.169%+ Points / potential airdropLighter: Season 3 · farm board−$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Lighter is 0.052% dearer against KuCoin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.052%. Mind the row above: over the last 7 days funding on this pair cost −0.144%, 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 | KuCoin HBARUSDTM | 0.09286 | −0.0079 | get 0.0079% / 8h | 7h 35m | $7.3M | $7.8M | 75x |
| Short | Lighter HBAR | 0.09286 | 0.0096 | get 0.0012% / 1h | 35m 00s | $569K | $552K | 5x |
KuCoin HBARUSDTM
Lighter HBARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against KuCoin. 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
- $36.75
- Price spread: 0.000% → −0.052%
- $5.2
- Slippage, 4 orders
- −$42.63
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$12.68
- Costs to cover
- 0.546%
- Break-even
- 9.4 days
Slippage from KuCoin: live order book, 3 min ago; Lighter: live order book, 31 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 KuCoin live order book, 3 min ago | 3.77 bp | 19.2 bp −$19 | 47.4 bp −$474 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 31 min ago | 2.69 bp | 12.4 bp −$12 | 72.4 bp −$724 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT HBAR_USDT_Perp | −0.0099% | 8h | 0.09264 | −0.241% | $377K | $2.2M | 10x | as long as short |
| KuCoin HBARUSDTMlong | −0.0079% | 8h | 0.09286 | long leg | $7.3M | $7.8M | 75x | |
| ApeX Omni HBARUSDT | −0.0017% | 1h | 0.09282 | −0.043% | $149K | $717K | 50x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09297 | +0.116% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09289 | +0.032% | $511K | $166K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09287 | +0.013% | $8K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09267 | −0.205% | $1K | $106K | 12x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0056% | 1h | 0.09301 | +0.162% | $229K | $2.2M | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0057% | 1h | 0.09290 | +0.042% | $1.4M | $2.3M | 50x | as long as short |
| MEXC HBAR_USDT | +0.0069% | 8h | 0.09291 | +0.054% | $26.3M | $22.3M | 200x | as long as short |
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Coinbase International HBAR-PERP-INTX
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 HBARUSDT | +0.0070% | 8h | 0.09289 | +0.032% | $34.8M | $109.4M | 75x | as long as short |
| Extended HBAR-USD | +0.0072% | 1h | 0.09290 | +0.040% | $51K | $318K | 10x | as long as short |
| Variational Omni HBAR | +0.0075% | 8h | 0.09274 | −0.129% | $1.0M | $197K | — | as long as short |
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09280 | −0.065% | $2K | $17K | 10x | as long as short |
| Lighter HBARshort | +0.0096% | 1h | 0.09286 | 0.000% | $569K | $552K | 5x | |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09304 | +0.188% | $8.9M | $2.8M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09287 | +0.010% | $212K | $429K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09289 | +0.032% | $33.0M | $36.0M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09292 | +0.065% | $6.8M | $25.2M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09289 | +0.032% | $2.4M | $3.4M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09291 | +0.054% | $17.3M | $14.9M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09290 | +0.043% | — | $5.9M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09289 | +0.032% | $36K | $103K | 15x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09283 | −0.032% | $431 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09305 | +0.205% | $74K | $60K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09285 | −0.011% | $2.2M | $2.1M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0190% | 8h | 0.09289 | +0.032% | $1.5M | $5.7M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0493% / S −0.0529% | 1h | 0.09285 | −0.012% | $119K | — | 100x | as long as short |
Binance HBARUSDT
Extended HBAR-USD
Variational Omni HBAR
Orderly PERP_HBAR_USDC
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
Bitget HBARUSDT
BingX HBAR-USDT
Backpack HBAR_USDC_PERP
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]