Settings8H · net · $10k
Funding arb · Price arb /

HBAR

all HBAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.003%
Price spread now: Lighter against Bitget−0.053%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$490.494% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.228%−$23 on $10k
Price spread, last 4 days (all we have)+0.046%+$5 · spread now −0.053%, 7d avg −0.038%
Together, before fees−0.182%+ Points / potential airdropLighter: Season 3 · farm board−$18 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget HBARUSDT0.094780.0100pay 0.0100% / 8h5h 53m$17.9M$18.9M75x
ShortLighter HBAR0.094730.0096get 0.0012% / 1h53m 47s$576K$545K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
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: −0.053% → −0.038%
−$1.43
Slippage, 4 orders
−$37.4
Fee Bitget: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
−$51.67
Costs to cover
0.494%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; Lighter: live order book, 53 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 3 min ago0.53 bp10.3 bp −$1022.0 bp −$22055.2 bp −$5,516doesn't fit
Sell Lighter live order book, 53 min ago2.60 bp17.6 bp −$1866.8 bp −$668doesn't fitdoesn't fit

HBAR on 28 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective HBAR/USDC PERP−0.0072%1h0.09663+1.952%$5K$101K12xas long as short
ApeX Omni HBARUSDT−0.0062%1h0.09481+0.032%$153K$701K50xas long as short
gTrade (Gains Network) HBAR/USDL +0.0007% / S −0.0008%1h0.09473−0.055%$11K150xas long as short
Orderly PERP_HBAR_USDC+0.0092%8h0.09469−0.095%$1K$9K10xas long as short
Gate HBAR_USDT+0.0094%8h0.09476−0.021%$2.5M$2.9M75xas long as short
Lighter HBARshort+0.0096%1h0.09473−0.053%$576K$545K5x
Hyperliquid HBAR+0.0100%1h0.09480+0.017%$8.6M$4.3M5xas long as short
Aster HBARUSDT+0.0100%8h0.09478+0.001%$202K$375K50xas long as short
Binance HBARUSDT+0.0100%8h0.09469−0.095%$35.8M$114.7M75xas long as short
Bybit HBARUSDT+0.0100%8h0.09464−0.148%$33.5M$37.8M75xas long as short
Show all 28 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX HBAR-USDT-SWAP+0.0100%8h0.09467−0.116%$6.6M$27.0M50xas long as short
MEXC HBAR_USDT+0.0100%8h0.09473−0.053%$27.3M$20.0M200xas long as short
KuCoin HBARUSDTM+0.0100%8h0.09471−0.074%$7.2M$7.2M75xas long as short
Bitget HBARUSDTlong+0.0100%8h0.09478long leg$17.9M$18.9M75x
BingX HBAR-USDT+0.0100%8h0.09476−0.021%$7.8Mas long as short
Backpack HBAR_USDC_PERP+0.0100%1h0.09476−0.021%$36K$201K15xas long as short
Variational Omni HBAR+0.0100%8h0.09459−0.200%$1.0M$100Kas long as short
GRVT HBAR_USDT_Perp+0.0100%8h0.09466−0.130%$389K$3.7M10xas long as short
SoDEX HBAR-USD+0.0100%1h0.09471−0.074%$440$5K5xas long as short
HTX HBAR-USDT+0.0100%8h0.09485+0.074%$72K$64K20xas long as short
Phemex HBARUSDT+0.0100%8h0.09471−0.074%$2.5M$3.3M50xas long as short
Extended HBAR-USD+0.0104%1h0.09469−0.095%$50K$307K10xas long as short
Deribit HBAR_USDC-PERPETUAL+0.0172%1h0.09481+0.032%$533K$224K50xas long as short
Coinbase International HBAR-PERP-INTX+0.0192%1h0.09476−0.021%$226K$2.9M50xas long as short
BloFin HBAR-USDT+0.0220%8h0.09473−0.053%$1.6M$5.8M90xas long as short
GMX HBAR/USD [WBTC.b-USDC]L +0.0368% / S −0.0371%1h0.09474−0.043%$77K100xas long as short
Kraken Futures PF_HBARUSD+0.0422%1h0.09480+0.016%$1.4M$3.7M50xas long as short
dYdX HBAR-USD+0.1004%1h0.09474−0.047%$40K$21K5xas long as short