Funding you earn now, next payment 23:00 UTC−0.0006%/8h= −0.7% APRpaid last 24h +0.010%
Price spread now: Binance against Lighter−0.075%7-day average +0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$370.365% of the position
Funding, last 7 days+0.158%+$16 on $10k
+Price spread, last 4 days (all we have)+0.189%+$19 · spread now −0.075%, 7d avg +0.036%
=Together, before fees+0.346%+ Points / potential airdropLighter: Season 3 · farm board+$35 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.111% cheaper against Lighter than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.036%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter HBAR | 0.09303 | 0.0096 | pay 0.0012% / 1h | 38m 03s | $571K | $591K | 5x |
| Short | Binance HBARUSDT | 0.09296 | 0.0090 | get 0.0090% / 8h | 1h 38m | $34.9M | $110.5M | 75x |
Lighter HBAR
Binance HBARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Lighter. 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
- −$1.29
- Price spread: −0.075% → +0.036%
- −$11.14
- Slippage, 4 orders
- −$26.54
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$48.97
- Costs to cover
- 0.365%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 38 min ago; Binance: live order book, 5 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 Lighter live order book, 38 min ago | 2.71 bp | 7.5 bp −$8 | 52.9 bp −$529 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 0.54 bp | 9.5 bp −$9 | 16.8 bp −$168 | 53.7 bp −$5,372 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective HBAR/USDC PERP | −0.0153% | 1h | 0.09267 | −0.387% | $1K | $112K | 12x | as long as short |
| Gate HBAR_USDT | −0.0025% | 8h | 0.09300 | −0.032% | $2.4M | $3.6M | 75x | as long as short |
| KuCoin HBARUSDTM | −0.0013% | 8h | 0.09305 | +0.021% | $7.4M | $7.8M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09308 | +0.054% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09318 | +0.161% | $513K | $151K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09315 | +0.132% | $8K | — | 150x | as long as short |
| Variational Omni HBAR | +0.0063% | 8h | 0.09319 | +0.177% | $1.0M | $197K | — | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09311 | +0.086% | $223K | $2.2M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0077% | 8h | 0.09309 | +0.064% | $2K | $16K | 10x | as long as short |
| MEXC HBAR_USDT | +0.0087% | 8h | 0.09303 | 0.000% | $26.2M | $22.6M | 200x | as long as short |
Injective HBAR/USDC PERP
Gate HBAR_USDT
KuCoin HBARUSDTM
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Variational Omni HBAR
Coinbase International HBAR-PERP-INTX
Orderly PERP_HBAR_USDC
MEXC HBAR_USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended HBAR-USD | +0.0088% | 1h | 0.09309 | +0.067% | $51K | $218K | 10x | as long as short |
| Binance HBARUSDTshort | +0.0090% | 8h | 0.09296 | −0.075% | $34.9M | $110.5M | 75x | |
| Lighter HBARlong | +0.0096% | 1h | 0.09303 | long leg | $571K | $591K | 5x | |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09309 | +0.061% | $8.9M | $2.9M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09302 | −0.006% | $212K | $429K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09295 | −0.086% | $33.1M | $37.1M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09293 | −0.107% | $6.8M | $25.1M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09301 | −0.021% | $17.2M | $14.8M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09300 | −0.032% | — | $5.9M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09304 | +0.011% | $34K | $104K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09317 | +0.145% | $379K | $2.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09316 | +0.140% | $149K | $708K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09306 | +0.032% | $432 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09339 | +0.387% | $73K | $53K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09299 | −0.043% | $2.2M | $2.1M | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0193% | 1h | 0.09312 | +0.098% | $1.4M | $2.2M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0208% | 8h | 0.09307 | +0.043% | $1.4M | $5.6M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0448% / S −0.0478% | 1h | 0.09317 | +0.150% | $104K | — | 100x | as long as short |
Extended HBAR-USD
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDT
Backpack HBAR_USDC_PERP
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Kraken Futures PF_HBARUSD
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]