Funding you earn now, next payment 01:00 UTC+0.0010%/8h= +1.1% APRpaid last 24h −0.007%
Price spread now: Lighter against MEXC−0.064%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$220.222% of the position
Funding, last 7 days−0.158%−$16 on $10k
+Price spread, last 4 days (all we have)+0.007%+$1 · spread now −0.064%, 7d avg −0.043%
=Together, before fees−0.151%+ Points / potential airdropLighter: Season 3 · farm board−$15 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.021% cheaper against MEXC than usual: you would sell low and buy high (spread −0.064% now, against its 7-day average of −0.043%). If the spread goes back, that is −$2 on $10k: about 7.0 days of funding at the current rate ($0 a day). Mind the row above: over the last 7 days funding on this pair cost −0.158%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC HBAR_USDT | 0.09321 | 0.0086 | pay 0.0086% / 8h | 7h 56m | $26.0M | $22.1M | 200x |
| Short | Lighter HBAR | 0.09315 | 0.0096 | get 0.0012% / 1h | 56m 00s | $571K | $547K | 5x |
MEXC HBAR_USDT
Lighter HBARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against MEXC. 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
- $2.1
- Price spread: −0.064% → −0.043%
- −$2.1
- Slippage, 4 orders
- −$22.25
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$22.25
- Costs to cover
- 0.222%
- Break-even
- 81.2 days
Slippage from MEXC: live order book, 3 min ago; Lighter: live order book, 10 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 MEXC live order book, 3 min ago | 0.54 bp | 2.5 bp −$3 | 9.5 bp −$95 | 42.6 bp −$4,265 | 138.1 bp −$69.0K |
| Sell Lighter live order book, 10 min ago | 2.69 bp | 12.4 bp −$12 | 72.4 bp −$724 | 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 | −0.0206% | 8h | 0.09316 | −0.054% | $2.4M | $3.3M | 75x | as long as short |
| KuCoin HBARUSDTM | −0.0071% | 8h | 0.09316 | −0.054% | $7.4M | $7.9M | 75x | as long as short |
| Phemex HBARUSDT | −0.0044% | 8h | 0.09317 | −0.043% | $2.2M | $2.2M | 50x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09336 | +0.164% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09320 | −0.006% | $8K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09267 | −0.579% | $1K | $106K | 12x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0056% | 1h | 0.09324 | +0.032% | $223K | $2.2M | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0057% | 1h | 0.09324 | +0.029% | $1.4M | $2.3M | 50x | as long as short |
| Variational Omni HBAR | +0.0077% | 8h | 0.09324 | +0.035% | $1.0M | $202K | — | as long as short |
| Orderly PERP_HBAR_USDC | +0.0079% | 8h | 0.09313 | −0.086% | $2K | $17K | 10x | as long as short |
Gate HBAR_USDT
KuCoin HBARUSDTM
Phemex HBARUSDT
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Coinbase International HBAR-PERP-INTX
Kraken Futures PF_HBARUSD
Variational Omni HBAR
Orderly PERP_HBAR_USDCShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance HBARUSDT | +0.0086% | 8h | 0.09315 | −0.062% | $35.1M | $109.9M | 75x | as long as short |
| MEXC HBAR_USDTlong | +0.0086% | 8h | 0.09321 | long leg | $26.0M | $22.1M | 200x | |
| Extended HBAR-USD | +0.0088% | 1h | 0.09318 | −0.032% | $52K | $213K | 10x | as long as short |
| Lighter HBARshort | +0.0096% | 1h | 0.09315 | −0.064% | $571K | $547K | 5x | |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09332 | +0.120% | $8.9M | $2.9M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09321 | 0.000% | $213K | $429K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09312 | −0.097% | $33.1M | $36.6M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09314 | −0.075% | $6.9M | $25.4M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09323 | +0.021% | $17.4M | $14.9M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09316 | −0.054% | — | $5.9M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09317 | −0.043% | $37K | $103K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09337 | +0.172% | $383K | $2.2M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09335 | +0.150% | $149K | $710K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09315 | −0.064% | $432 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09328 | +0.075% | $74K | $59K | 20x | as long as short |
| BloFin HBAR-USDT | +0.0206% | 8h | 0.09346 | +0.268% | $1.5M | $5.9M | 90x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0394% | 1h | 0.09324 | +0.032% | $513K | $166K | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0490% / S −0.0555% | 1h | 0.09316 | −0.048% | $116K | — | 100x | as long as short |
Binance HBARUSDT
Extended HBAR-USD
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDT
Backpack HBAR_USDC_PERP
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
BloFin HBAR-USDT
Deribit HBAR_USDC-PERPETUAL
GMX HBAR/USD [WBTC.b-USDC]