Settings8H · net · $10k
Funding arb · Price arb /

HBAR

all HBAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0123%/8h= +13.5% APRpaid last 24h +0.033%
Price spread now: BloFin against Lighter−0.022%7-day average +0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$6as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$450.446% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.387%+$39 on $10k
Price spread, last 4 days (all we have)+0.110%+$11 · spread now −0.022%, 7d avg +0.059%
Together, before fees+0.497%+ Points / potential airdropLighter: Season 3 · farm board+$50 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.081% cheaper against Lighter than usual: you would sell low and buy high (spread −0.022% now, against its 7-day average of +0.059%). If the spread goes back, that is −$8 on $10k: about 2.2 days of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter HBAR0.092040.0096pay 0.0012% / 1h37m 12s$560K$591K5x
ShortBloFin HBAR-USDT0.092020.0219get 0.0219% / 8h5h 37m$1.4M$5.4M90x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Lighter. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$25.85
Price spread: −0.022% → +0.059%
−$8.07
Slippage, 4 orders
−$32.61
Fee Lighter: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$26.84
Costs to cover
0.446%
Break-even
14.3 days
Slippage from Lighter: live order book, 18 min ago; BloFin: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 18 min ago3.81 bp7.6 bp −$862.2 bp −$622doesn't fitdoesn't fit
Sell BloFin live order book, 7 min ago3.26 bp11.4 bp −$1120.9 bp −$20950.5 bp −$5,045doesn't fit

HBAR on 28 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin HBARUSDTM−0.0035%8h0.09207+0.033%$7.1M$7.3M75xas long as short
dYdX HBAR-USD0.0000%1h0.09200−0.047%$30K$4K5xas long as short
gTrade (Gains Network) HBAR/USDL +0.0007% / S −0.0014%1h0.09211+0.071%$8K150xas long as short
Gate HBAR_USDT+0.0042%8h0.09207+0.033%$2.4M$2.8M75xas long as short
Coinbase International HBAR-PERP-INTX+0.0064%1h0.09198−0.065%$231K$2.1M50xas long as short
Variational Omni HBAR+0.0070%8h0.09184−0.220%$1.0M$187Kas long as short
Orderly PERP_HBAR_USDC+0.0079%8h0.092040.000%$2K$17K10xas long as short
Injective HBAR/USDC PERP+0.0090%1h0.09282+0.847%$1K$106K12xas long as short
Lighter HBARlong+0.0096%1h0.09204long leg$560K$591K5x
Extended HBAR-USD+0.0096%1h0.09205+0.012%$51K$277K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC HBAR_USDT+0.0098%8h0.09211+0.076%$26.1M$19.6M200xas long as short
Binance HBARUSDT+0.0099%8h0.09211+0.071%$34.0M$104.1M75xas long as short
Hyperliquid HBAR+0.0100%1h0.09227+0.252%$8.7M$2.7M5xas long as short
Aster HBARUSDT+0.0100%8h0.09208+0.041%$210K$318K50xas long as short
Bybit HBARUSDT+0.0100%8h0.09209+0.054%$32.6M$33.9M75xas long as short
OKX HBAR-USDT-SWAP+0.0100%8h0.09211+0.076%$6.7M$24.3M50xas long as short
Bitget HBARUSDT+0.0100%8h0.09211+0.076%$17.0M$14.8M75xas long as short
BingX HBAR-USDC+0.0100%8h0.09209+0.054%$6.7Mas long as short
Backpack HBAR_USDC_PERP+0.0100%1h0.09215+0.120%$67K$144K15xas long as short
GRVT HBAR_USDT_Perp+0.0100%8h0.09182−0.239%$373K$2.3M10xas long as short
ApeX Omni HBARUSDT+0.0100%1h0.09184−0.217%$147K$713K50xas long as short
SoDEX HBAR-USD+0.0100%1h0.092040.000%$427$5K5xas long as short
HTX HBAR-USDT+0.0100%8h0.09223+0.206%$70K$67K20xas long as short
Phemex HBARUSDT+0.0100%8h0.09213+0.098%$2.1M$2.1M50xas long as short
Kraken Futures PF_HBARUSD+0.0205%1h0.09210+0.067%$1.4M$2.5M50xas long as short
BloFin HBAR-USDTshort+0.0219%8h0.09202−0.022%$1.4M$5.4M90x
Deribit HBAR_USDC-PERPETUAL+0.0293%1h0.09211+0.076%$507K$152K50xas long as short
GMX HBAR/USD [WBTC.b-USDC]L +0.0346% / S −0.0242%1h0.09211+0.074%$79K100xas long as short