Funding you earn now, next payment 01:00 UTC−0.0174%/8h= −19.1% APRpaid last 24h +0.002%
Price spread now: KuCoin against Lighter+0.011%7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$550.546% of the position
Funding, last 7 days+0.144%+$14 on $10k
+Price spread, last 4 days (all we have)+0.015%+$1 · spread now +0.011%, 7d avg +0.052%
=Together, before fees+0.158%+ Points / potential airdropLighter: Season 3 · farm board+$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and KuCoin is 0.041% cheaper against Lighter than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.052%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.144%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter HBAR | 0.09292 | 0.0096 | pay 0.0012% / 1h | 34m 32s | $569K | $552K | 5x |
| Short | KuCoin HBARUSDTM | 0.09293 | −0.0078 | pay 0.0078% / 8h | 7h 34m | $7.3M | $7.8M | 75x |
Lighter HBAR
KuCoin HBARUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$36.54
- Price spread: +0.011% → +0.052%
- −$4.13
- Slippage, 4 orders
- −$42.63
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$95.3
- Costs to cover
- 0.546%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 31 min ago; KuCoin: 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, 31 min ago | 2.69 bp | 3.7 bp −$4 | 68.8 bp −$688 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 3.77 bp | 19.3 bp −$19 | 47.8 bp −$478 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT HBAR_USDT_Perp | −0.0099% | 8h | 0.09264 | −0.306% | $377K | $2.2M | 10x | as long as short |
| KuCoin HBARUSDTMshort | −0.0078% | 8h | 0.09293 | +0.011% | $7.3M | $7.8M | 75x | |
| ApeX Omni HBARUSDT | −0.0017% | 1h | 0.09282 | −0.108% | $149K | $717K | 50x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09301 | +0.099% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09289 | −0.032% | $511K | $166K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09295 | +0.036% | $8K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09267 | −0.269% | $1K | $106K | 12x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0056% | 1h | 0.09301 | +0.097% | $229K | $2.2M | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0057% | 1h | 0.09290 | −0.023% | $1.4M | $2.3M | 50x | as long as short |
| MEXC HBAR_USDT | +0.0069% | 8h | 0.09294 | +0.022% | $26.2M | $22.3M | 200x | as long as short |
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Coinbase International HBAR-PERP-INTX
Kraken Futures PF_HBARUSD
MEXC HBAR_USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance HBARUSDT | +0.0071% | 8h | 0.09293 | +0.011% | $34.8M | $109.2M | 75x | as long as short |
| Extended HBAR-USD | +0.0072% | 1h | 0.09290 | −0.023% | $51K | $318K | 10x | as long as short |
| Variational Omni HBAR | +0.0075% | 8h | 0.09274 | −0.193% | $1.0M | $197K | — | as long as short |
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09280 | −0.129% | $2K | $17K | 10x | as long as short |
| Lighter HBARlong | +0.0096% | 1h | 0.09292 | long leg | $569K | $552K | 5x | |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09309 | +0.181% | $8.9M | $2.8M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09302 | +0.103% | $212K | $429K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09292 | 0.000% | $33.0M | $36.0M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09293 | +0.011% | $6.8M | $25.1M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09295 | +0.032% | $2.4M | $3.4M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09298 | +0.065% | $17.3M | $14.9M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09290 | −0.022% | — | $5.9M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09289 | −0.032% | $36K | $103K | 15x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09283 | −0.097% | $431 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09305 | +0.140% | $74K | $60K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09285 | −0.075% | $2.2M | $2.1M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0190% | 8h | 0.09289 | −0.032% | $1.5M | $5.7M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0493% / S −0.0529% | 1h | 0.09285 | −0.076% | $119K | — | 100x | as long as short |
Binance HBARUSDT
Extended HBAR-USD
Variational Omni HBAR
Orderly PERP_HBAR_USDC
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
Bitget HBARUSDT
BingX HBAR-USDT
Backpack HBAR_USDC_PERP
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]