Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h −0.042%
Price spread now: Lighter against Hyperliquid−0.134%7-day average −0.151% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.257%−$26 on $10k
+Price spread, last 4 days (all we have)−0.005%$0 · spread now −0.134%, 7d avg −0.151%
=Together, before fees−0.262%+ Points / potential airdropHyperliquid: Season 2 · Lighter: Season 3 · farm board−$26 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid HBAR | 0.09209 | 0.0100 | pay 0.0013% / 1h | 1m 16s | $8.8M | $2.6M | 5x |
| Short | Lighter HBAR | 0.09197 | 0.0096 | get 0.0012% / 1h | 1m 16s | $559K | $596K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Hyperliquid. 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: −0.134% → −0.151%
- $1.79
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$8.05
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 11 min ago; Lighter: live order book, 59 min ago. Net counts fees only.
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 Hyperliquid live order book, 11 min ago | 0.54 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 59 min ago | 2.71 bp | 10.3 bp −$10 | 69.0 bp −$690 | doesn't fit | doesn't fit |
HBAR on 27 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HBARUSDTM | −0.0054% | 8h | 0.09198 | −0.123% | $7.1M | $7.3M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09206 | −0.038% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09205 | −0.047% | $507K | $151K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09203 | −0.070% | $8K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | +0.789% | $1K | $106K | 12x | as long as short |
| Gate HBAR_USDT | +0.0059% | 8h | 0.09198 | −0.123% | $2.4M | $3.0M | 75x | as long as short |
| Variational Omni HBAR | +0.0063% | 8h | 0.09230 | +0.224% | $1.0M | $187K | — | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09201 | −0.090% | $223K | $2.1M | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0069% | 1h | 0.09205 | −0.050% | $1.4M | $2.5M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0078% | 8h | 0.09199 | −0.112% | $2K | $17K | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended HBAR-USD | +0.0080% | 1h | 0.09196 | −0.139% | $47K | $273K | 10x | as long as short |
| MEXC HBAR_USDT | +0.0083% | 8h | 0.09200 | −0.101% | $25.9M | $22.0M | 200x | as long as short |
| Binance HBARUSDT | +0.0084% | 8h | 0.09198 | −0.118% | $34.1M | $104.0M | 75x | as long as short |
| Lighter HBARshort | +0.0096% | 1h | 0.09197 | −0.134% | $559K | $596K | 5x | |
| Hyperliquid HBARlong | +0.0100% | 1h | 0.09209 | long leg | $8.8M | $2.6M | 5x | |
| Aster HBARUSDT | +0.0100% | 8h | 0.09196 | −0.140% | $210K | $322K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09199 | −0.112% | $32.6M | $34.0M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09199 | −0.112% | $6.7M | $24.2M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09200 | −0.101% | $17.0M | $14.8M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09199 | −0.112% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09208 | −0.014% | $32K | $120K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09210 | +0.007% | $371K | $2.3M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09219 | +0.105% | $147K | $711K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09199 | −0.112% | $427 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09216 | +0.073% | $70K | $66K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09201 | −0.090% | $2.1M | $2.1M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0486% / S −0.0462% | 1h | 0.09203 | −0.068% | $120K | — | 100x | as long as short |
Hyperliquid HBAR
Lighter HBAR
KuCoin HBARUSDTM
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Gate HBAR_USDT
Variational Omni HBAR
Coinbase International HBAR-PERP-INTX
Kraken Futures PF_HBARUSD
Extended HBAR-USD
MEXC HBAR_USDT
Binance HBARUSDT
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
GMX HBAR/USD [WBTC.b-USDC]