Funding you earn now, next payment 00:00 UTC+0.0131%/8h= +14.3% APRpaid last 24h −0.024%
Price spread now: Lighter against KuCoin+0.076%7-day average −0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$460.460% of the position
Funding, last 7 days−0.161%−$16 on $10k
+Price spread, last 4 days (all we have)−0.120%−$12 · spread now +0.076%, 7d avg −0.054%
=Together, before fees−0.281%+ Points / potential airdropLighter: Season 3 · farm board−$28 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Lighter is 0.130% dearer against KuCoin than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.054%. Mind the row above: over the last 7 days funding on this pair cost −0.161%, 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 | KuCoin HBARUSDTM | 0.09243 | −0.0035 | get 0.0035% / 8h | 35m 56s | $7.4M | $7.8M | 75x |
| Short | Lighter HBAR | 0.09250 | 0.0096 | get 0.0012% / 1h | 35m 56s | $567K | $591K | 5x |
KuCoin HBARUSDTM
Lighter HBARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against KuCoin. 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
- $27.51
- Price spread: +0.076% → −0.054%
- $12.97
- Slippage, 4 orders
- −$33.97
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$5.49
- Costs to cover
- 0.460%
- Break-even
- 8.4 days
Slippage from KuCoin: live order book, 2 min ago; Lighter: live order book, 35 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 KuCoin live order book, 2 min ago | 1.62 bp | 11.8 bp −$12 | 51.8 bp −$518 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 35 min ago | 2.71 bp | 9.3 bp −$9 | 58.9 bp −$589 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HBARUSDTMlong | −0.0035% | 8h | 0.09243 | long leg | $7.4M | $7.8M | 75x | |
| Gate HBAR_USDT | −0.0017% | 8h | 0.09250 | +0.076% | $2.4M | $3.6M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09267 | +0.260% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09256 | +0.141% | $510K | $166K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09255 | +0.125% | $8K | — | 150x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09260 | +0.184% | $222K | $2.2M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0082% | 8h | 0.09249 | +0.065% | $2K | $17K | 10x | as long as short |
| Variational Omni HBAR | +0.0083% | 8h | 0.09255 | +0.135% | $1.0M | $198K | — | as long as short |
| Lighter HBARshort | +0.0096% | 1h | 0.09250 | +0.076% | $567K | $591K | 5x | |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09258 | +0.167% | $8.8M | $2.8M | 5x | as long as short |
Gate HBAR_USDT
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Coinbase International HBAR-PERP-INTX
Orderly PERP_HBAR_USDC
Variational Omni HBAR
Hyperliquid HBARShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HBARUSDT | +0.0100% | 8h | 0.09251 | +0.085% | $211K | $429K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09244 | +0.011% | $34.7M | $109.9M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09243 | 0.000% | $32.9M | $36.8M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09244 | +0.011% | $6.8M | $25.0M | 50x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09244 | +0.011% | $26.1M | $22.4M | 200x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09247 | +0.043% | $17.1M | $15.0M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09247 | +0.043% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09252 | +0.097% | $34K | $102K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09286 | +0.460% | $378K | $2.2M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09275 | +0.346% | $148K | $707K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09250 | +0.076% | $429 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09272 | +0.314% | $73K | $53K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09254 | +0.119% | $2.2M | $2.2M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09242 | −0.009% | $51K | $218K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09259 | +0.173% | $1.5M | $5.8M | 90x | as long as short |
| Injective HBAR/USDC PERP | +0.0242% | 1h | 0.09267 | +0.260% | $1K | $112K | 12x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0414% | 1h | 0.09258 | +0.158% | $1.4M | $2.3M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0447% / S −0.0478% | 1h | 0.09253 | +0.113% | $104K | — | 100x | as long as short |
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
MEXC HBAR_USDT
Bitget HBARUSDT
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
BloFin HBAR-USDT
Injective HBAR/USDC PERP
Kraken Futures PF_HBARUSD
GMX HBAR/USD [WBTC.b-USDC]