Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.040%
Price spread now: Bitget against Lighter+0.022%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$430.427% of the position
Funding, last 7 days+0.228%+$23 on $10k
+Price spread, last 4 days (all we have)−0.015%−$2 · spread now +0.022%, 7d avg +0.044%
=Together, before fees+0.213%+ Points / potential airdropLighter: Season 3 · farm board+$21 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: Bitget is 0.022% cheaper against Lighter than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.044%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter HBAR | 0.09188 | 0.0096 | pay 0.0012% / 1h | 47m 18s | $564K | $590K | 5x |
| Short | Bitget HBARUSDT | 0.09190 | 0.0100 | get 0.0100% / 8h | 2h 47m | $16.9M | $14.9M | 75x |
Lighter HBAR
Bitget HBARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $0.84
- Price spread: +0.022% → +0.044%
- −$2.18
- Slippage, 4 orders
- −$30.74
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$44.07
- Costs to cover
- 0.427%
- Break-even
- 374.3 days
Slippage from Lighter: live order book, 37 min ago; Bitget: live order book, 1 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, 37 min ago | 2.73 bp | 11.7 bp −$12 | 67.9 bp −$679 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 0.54 bp | 11.6 bp −$12 | 19.3 bp −$193 | 51.9 bp −$5,190 | 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni HBARUSDT | −0.0098% | 1h | 0.09182 | −0.065% | $147K | $704K | 50x | as long as short |
| KuCoin HBARUSDTM | −0.0033% | 8h | 0.09185 | −0.033% | $7.3M | $7.9M | 75x | as long as short |
| Gate HBAR_USDT | −0.0027% | 8h | 0.09187 | −0.011% | $2.4M | $3.5M | 75x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09199 | +0.120% | $507K | $151K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09195 | +0.072% | $8K | — | 150x | as long as short |
| Extended HBAR-USD | +0.0048% | 1h | 0.09188 | +0.001% | $51K | $210K | 10x | as long as short |
| MEXC HBAR_USDT | +0.0051% | 8h | 0.09188 | 0.000% | $24.0M | $22.6M | 200x | as long as short |
| Binance HBARUSDT | +0.0051% | 8h | 0.09189 | +0.011% | $34.6M | $111.4M | 75x | as long as short |
| Variational Omni HBAR | +0.0052% | 8h | 0.09176 | −0.136% | $1.0M | $200K | — | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0072% | 1h | 0.09191 | +0.033% | $220K | $2.2M | 50x | as long as short |
ApeX Omni HBARUSDT
KuCoin HBARUSDTM
Gate HBAR_USDT
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Extended HBAR-USD
MEXC HBAR_USDT
Binance HBARUSDT
Variational Omni HBAR
Coinbase International HBAR-PERP-INTXShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack HBAR_USDC_PERP | +0.0073% | 1h | 0.09195 | +0.076% | $31K | $101K | 15x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09189 | +0.011% | $2K | $18K | 10x | as long as short |
| Lighter HBARlong | +0.0096% | 1h | 0.09188 | long leg | $564K | $590K | 5x | |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09203 | +0.162% | $8.8M | $2.9M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09189 | +0.016% | $215K | $451K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09189 | +0.011% | $32.9M | $37.0M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09189 | +0.011% | $6.9M | $24.6M | 50x | as long as short |
| Bitget HBARUSDTshort | +0.0100% | 8h | 0.09190 | +0.022% | $16.9M | $14.9M | 75x | |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09189 | +0.011% | — | $5.9M | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09182 | −0.064% | $372K | $2.1M | 10x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09186 | −0.022% | $426 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09207 | +0.207% | $72K | $53K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09186 | −0.022% | $2.2M | $2.2M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0171% | 8h | 0.09188 | 0.000% | $1.5M | $5.6M | 90x | as long as short |
| Injective HBAR/USDC PERP | +0.0311% | 1h | 0.09211 | +0.250% | $1K | $84K | 12x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0384% | 1h | 0.09195 | +0.081% | $1.4M | $2.4M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0445% / S −0.0366% | 1h | 0.09195 | +0.072% | $112K | — | 100x | as long as short |
| dYdX HBAR-USD | +0.3546% | 1h | 0.09191 | +0.027% | $30K | $4K | 5x | as long as short |
Backpack HBAR_USDC_PERP
Orderly PERP_HBAR_USDC
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
BingX HBAR-USDT
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