Funding you earn now, next payment 22:00 UTC+0.0288%/8h= +31.5% APRnext payment +$0.36 per $10,000 · paid last 24h +0.166%
Price spread now: Kraken Futures against Lighter+0.107%7-day average +0.130% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$440.438% of the position
Funding, last 7 days+0.414%+$41 on $10k
+Price spread, last 3 days (all we have)+0.004%$0 · spread now +0.107%, 7d avg +0.130%
=Together, before fees+0.419%+ Points / potential airdropLighter: Season 3 · farm board+$42 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.023% cheaper against Lighter than usual: you would sell low and buy high (spread +0.107% now, against its 7-day average of +0.130%). If the spread goes back, that is −$2 on $10k: about 6 hours of funding at the current rate (+$9 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter HBAR | 0.09181 | 0.0096 | pay 0.0012% / 1h | 9m 11s | $563K | $590K | 5x |
| Short | Kraken Futures PF_HBARUSD | 0.09191 | 0.0384 | get 0.0048% / 1h | 9m 11s | $1.4M | $2.3M | 50x |
Lighter HBAR
Kraken Futures PF_HBARUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $60.43
- Price spread: +0.107% → +0.130%
- −$2.32
- Slippage, 4 orders
- −$33.83
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $14.28
- Costs to cover
- 0.438%
- Break-even
- 5.3 days
Slippage from Lighter: live order book, 6 min ago; Kraken Futures: live order book, 4 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, 6 min ago | 2.71 bp | 7.5 bp −$8 | 52.9 bp −$529 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 4 min ago | 5.42 bp | 11.2 bp −$11 | 15.8 bp −$158 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate HBAR_USDT | −0.0033% | 8h | 0.09178 | −0.033% | $2.4M | $3.6M | 75x | as long as short |
| KuCoin HBARUSDTM | −0.0022% | 8h | 0.09181 | 0.000% | $7.3M | $7.9M | 75x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09189 | +0.087% | $506K | $151K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09187 | +0.066% | $8K | — | 150x | as long as short |
| Variational Omni HBAR | +0.0047% | 8h | 0.09209 | +0.308% | $1.0M | $197K | — | as long as short |
| MEXC HBAR_USDT | +0.0068% | 8h | 0.09181 | 0.000% | $24.0M | $22.9M | 200x | as long as short |
| Binance HBARUSDT | +0.0069% | 8h | 0.09180 | −0.013% | $34.5M | $110.7M | 75x | as long as short |
| Backpack HBAR_USDC_PERP | +0.0071% | 1h | 0.09183 | +0.022% | $31K | $103K | 15x | as long as short |
| Extended HBAR-USD | +0.0072% | 1h | 0.09179 | −0.021% | $49K | $220K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0072% | 1h | 0.09211 | +0.327% | $227K | $2.2M | 50x | as long as short |
Gate HBAR_USDT
KuCoin HBARUSDTM
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Variational Omni HBAR
MEXC HBAR_USDT
Binance HBARUSDT
Backpack HBAR_USDC_PERP
Extended HBAR-USD
Coinbase International HBAR-PERP-INTXShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09182 | +0.011% | $2K | $18K | 10x | as long as short |
| Lighter HBARlong | +0.0096% | 1h | 0.09181 | long leg | $563K | $590K | 5x | |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09195 | +0.149% | $8.8M | $2.9M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09181 | 0.000% | $209K | $429K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09181 | 0.000% | $32.8M | $36.9M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09180 | −0.011% | $6.8M | $24.6M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09183 | +0.022% | $16.9M | $14.8M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09182 | +0.011% | — | $5.9M | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09210 | +0.317% | $375K | $2.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09211 | +0.327% | $147K | $710K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09180 | −0.011% | $426 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09206 | +0.272% | $72K | $53K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09182 | +0.011% | $2.2M | $2.2M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0189% | 8h | 0.09179 | −0.022% | $1.5M | $5.5M | 90x | as long as short |
| Injective HBAR/USDC PERP | +0.0311% | 1h | 0.09234 | +0.577% | $2K | $112K | 12x | as long as short |
| Kraken Futures PF_HBARUSDshort | +0.0384% | 1h | 0.09191 | +0.107% | $1.4M | $2.3M | 50x | |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0445% / S −0.0478% | 1h | 0.09187 | +0.068% | $103K | — | 100x | as long as short |
| dYdX HBAR-USD | +0.3853% | 1h | 0.09195 | +0.154% | $30K | $4K | 5x | as long as short |
Orderly PERP_HBAR_USDC
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDT
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
BloFin HBAR-USDT
Injective HBAR/USDC PERP
GMX HBAR/USD [WBTC.b-USDC]
dYdX HBAR-USD