Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.003%
Price spread now: Lighter against Binance+0.033%7-day average −0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$440.440% of the position
Funding, last 7 days−0.162%−$16 on $10k
+Price spread, last 4 days (all we have)−0.105%−$10 · spread now +0.033%, 7d avg −0.034%
=Together, before fees−0.267%+ Points / potential airdropLighter: Season 3 · farm board−$27 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: Lighter is 0.066% dearer against Binance than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.034%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HBARUSDT | 0.09215 | 0.0100 | pay 0.0100% / 8h | 2h 48m | $33.9M | $111.4M | 75x |
| Short | Lighter HBAR | 0.09218 | 0.0096 | get 0.0012% / 1h | 48m 49s | $556K | $611K | 5x |
Binance HBARUSDT
Lighter HBARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Binance. 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: +0.033% → −0.034%
- $6.61
- Slippage, 4 orders
- −$34.03
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$38.27
- Costs to cover
- 0.440%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; Lighter: live order book, 57 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 Binance live order book, 9 min ago | 0.54 bp | 9.3 bp −$9 | 15.6 bp −$156 | 55.6 bp −$5,562 | doesn't fit |
| Sell Lighter live order book, 57 min ago | 3.69 bp | 11.8 bp −$12 | 88.7 bp −$887 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX HBAR-USD | 0.0000% | 1h | 0.09221 | +0.061% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09219 | +0.043% | $508K | $192K | 50x | as long as short |
| ApeX Omni HBARUSDT | +0.0005% | 1h | 0.09227 | +0.130% | $150K | $708K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0011% | 1h | 0.09222 | +0.072% | $9K | — | 150x | as long as short |
| Backpack HBAR_USDC_PERP | +0.0020% | 1h | 0.09218 | +0.033% | $33K | $202K | 15x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | +0.727% | $1K | $103K | 12x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0080% | 8h | 0.09214 | −0.011% | $2K | $14K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0088% | 1h | 0.09220 | +0.054% | $220K | $2.4M | 50x | as long as short |
| Lighter HBARshort | +0.0096% | 1h | 0.09218 | +0.033% | $556K | $611K | 5x | |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09227 | +0.127% | $8.6M | $3.6M | 5x | as long as short |
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
ApeX Omni HBARUSDT
gTrade (Gains Network) HBAR/USD
Backpack HBAR_USDC_PERP
Injective HBAR/USDC PERP
Orderly PERP_HBAR_USDC
Coinbase International HBAR-PERP-INTX
Hyperliquid HBARShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HBARUSDT | +0.0100% | 8h | 0.09221 | +0.070% | $198K | $335K | 50x | as long as short |
| Binance HBARUSDTlong | +0.0100% | 8h | 0.09215 | long leg | $33.9M | $111.4M | 75x | |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09218 | +0.033% | $32.2M | $35.6M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09218 | +0.033% | $6.5M | $25.5M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09218 | +0.033% | $2.4M | $2.7M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09213 | −0.022% | $25.2M | $19.3M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09220 | +0.054% | $7.3M | $7.5M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09218 | +0.033% | $17.0M | $15.9M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09218 | +0.033% | — | $6.7M | — | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09228 | +0.140% | $1.0M | $188K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09229 | +0.152% | $373K | $2.8M | 10x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09219 | +0.043% | $428 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09233 | +0.195% | $70K | $68K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09218 | +0.033% | $2.1M | $2.2M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09211 | −0.048% | $47K | $230K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09215 | 0.000% | $1.5M | $5.6M | 90x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0246% | 1h | 0.09220 | +0.049% | $1.3M | $3.0M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0616% / S −0.0663% | 1h | 0.09220 | +0.055% | $156K | — | 100x | as long as short |
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
MEXC HBAR_USDT
KuCoin HBARUSDTM
Bitget HBARUSDT
BingX HBAR-USDC
Variational Omni HBAR
GRVT HBAR_USDT_Perp
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
BloFin HBAR-USDT
Kraken Futures PF_HBARUSD
GMX HBAR/USD [WBTC.b-USDC]