Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.014%
Price spread now: Bybit against Lighter+0.085%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$370.371% of the position
Funding, last 7 days+0.141%+$14 on $10k
+Price spread, last 4 days (all we have)−0.079%−$8 · spread now +0.085%, 7d avg +0.025%
=Together, before fees+0.063%+ Points / potential airdropLighter: Season 3 · farm board+$6 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: Bybit is 0.060% dearer against Lighter than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter HBAR | 0.09420 | 0.0096 | pay 0.0012% / 1h | 2m 22s | $571K | $599K | 5x |
| Short | Bybit HBARUSDT | 0.09428 | 0.0100 | get 0.0100% / 8h | 4h 02m | $33.3M | $34.9M | 75x |
Lighter HBAR
Bybit HBARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.085% → +0.025%
- $5.98
- Slippage, 4 orders
- −$26.11
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$30.29
- Costs to cover
- 0.371%
- Break-even
- 259.5 days
Slippage from Lighter: live order book, 48 min ago; Bybit: 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, 48 min ago | 2.74 bp | 8.6 bp −$9 | 71.8 bp −$718 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 0.53 bp | 7.4 bp −$7 | 21.0 bp −$210 | 75.6 bp −$7,565 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX HBAR-USD | 0.0000% | 1h | 0.09420 | +0.002% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0011% | 1h | 0.09424 | +0.038% | $9K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | −1.465% | $1K | $105K | 12x | as long as short |
| KuCoin HBARUSDTM | +0.0044% | 8h | 0.09422 | +0.021% | $7.2M | $7.3M | 75x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09391 | −0.308% | $233K | $2.2M | 50x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0068% | 1h | 0.09430 | +0.106% | $519K | $186K | 50x | as long as short |
| Gate HBAR_USDT | +0.0080% | 8h | 0.09419 | −0.011% | $2.4M | $2.9M | 75x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0080% | 8h | 0.09422 | +0.021% | $2K | $14K | 10x | as long as short |
| Lighter HBARlong | +0.0096% | 1h | 0.09420 | long leg | $571K | $599K | 5x | |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09438 | +0.188% | $9.5M | $3.2M | 5x | as long as short |
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
KuCoin HBARUSDTM
Coinbase International HBAR-PERP-INTX
Deribit HBAR_USDC-PERPETUAL
Gate HBAR_USDT
Orderly PERP_HBAR_USDC
Hyperliquid HBARShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HBARUSDT | +0.0100% | 8h | 0.09426 | +0.067% | $215K | $328K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09425 | +0.053% | $34.9M | $108.6M | 75x | as long as short |
| Bybit HBARUSDTshort | +0.0100% | 8h | 0.09428 | +0.085% | $33.3M | $34.9M | 75x | |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09426 | +0.064% | $6.7M | $25.6M | 50x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09422 | +0.021% | $26.2M | $19.9M | 200x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09423 | +0.032% | $17.2M | $15.3M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09425 | +0.053% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09413 | −0.074% | $39K | $201K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09372 | −0.511% | $1.0M | $187K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09426 | +0.062% | $379K | $2.6M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09393 | −0.287% | $152K | $713K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09425 | +0.053% | $438 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09395 | −0.265% | $71K | $67K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09405 | −0.159% | $2.2M | $2.2M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09422 | +0.024% | $50K | $277K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09408 | −0.127% | $1.5M | $5.5M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0349% / S −0.0242% | 1h | 0.09425 | +0.056% | $81K | — | 100x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0384% | 1h | 0.09431 | +0.120% | $1.3M | $2.8M | 50x | as long as short |
Aster HBARUSDT
Binance HBARUSDT
OKX HBAR-USDT-SWAP
MEXC HBAR_USDT
Bitget HBARUSDT
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
Variational Omni HBAR
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]
Kraken Futures PF_HBARUSD