Funding you earn now, next payment 11:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.007%
Price spread now: BingX against Lighter+0.042%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$630.630% of the position
Funding, last 7 days+0.223%+$22 on $10k
+Price spread, last 4 days (all we have)+0.021%+$2 · spread now +0.042%, 7d avg +0.031%
=Together, before fees+0.244%+ Points / potential airdropLighter: Season 3 · farm board+$24 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter HBAR | 0.09448 | 0.0096 | pay 0.0012% / 1h | 49m 44s | $574K | $545K | 5x |
| Short | BingX HBAR-USDC | 0.09452 | 0.0100 | get 0.0100% / 8h | 5h 49m | — | $6.8M | — |
Lighter HBAR
BingX HBAR-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Lighter. 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: +0.042% → +0.031%
- $1.11
- Slippage, 4 orders
- −$53.02
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$61.07
- Costs to cover
- 0.630%
- Break-even
- 515.9 days
Slippage from Lighter: live order book, 57 min ago; BingX: live order book, 6 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 Lighter live order book, 57 min ago | 2.60 bp | 11.5 bp −$11 | 71.4 bp −$714 | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 1.05 bp | 14.1 bp −$14 | 60.6 bp −$606 | 372.8 bp −$37.3K | 926.8 bp −$463.4K |
HBAR on 28 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective HBAR/USDC PERP | −0.0072% | 1h | 0.09663 | +2.276% | $5K | $101K | 12x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0008% | 1h | 0.09465 | +0.178% | $11K | — | 150x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0092% | 8h | 0.09451 | +0.032% | $1K | $9K | 10x | as long as short |
| Gate HBAR_USDT | +0.0093% | 8h | 0.09456 | +0.085% | $2.5M | $2.9M | 75x | as long as short |
| Lighter HBARlong | +0.0096% | 1h | 0.09448 | long leg | $574K | $545K | 5x | |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09457 | +0.092% | $8.6M | $4.3M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09455 | +0.079% | $202K | $375K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09452 | +0.047% | $35.8M | $114.5M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09444 | −0.042% | $33.4M | $37.8M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09447 | −0.011% | $6.6M | $27.0M | 50x | as long as short |
Injective HBAR/USDC PERP
gTrade (Gains Network) HBAR/USD
Orderly PERP_HBAR_USDC
Gate HBAR_USDT
Hyperliquid HBAR
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAPShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09452 | +0.042% | $27.4M | $20.1M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09452 | +0.042% | $7.1M | $7.3M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09448 | 0.000% | $17.9M | $18.9M | 75x | as long as short |
| BingX HBAR-USDCshort | +0.0100% | 8h | 0.09452 | +0.042% | — | $6.8M | — | |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09457 | +0.095% | $36K | $201K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09437 | −0.115% | $1.0M | $100K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09463 | +0.157% | $388K | $3.7M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09464 | +0.169% | $153K | $702K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09453 | +0.053% | $439 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09467 | +0.201% | $72K | $65K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09453 | +0.053% | $2.5M | $3.3M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09450 | +0.020% | $50K | $307K | 10x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0173% | 1h | 0.09461 | +0.138% | $532K | $224K | 50x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0192% | 1h | 0.09453 | +0.053% | $225K | $2.9M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09444 | −0.042% | $1.6M | $5.8M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0368% / S −0.0371% | 1h | 0.09453 | +0.054% | $77K | — | 100x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0422% | 1h | 0.09460 | +0.122% | $1.4M | $3.7M | 50x | as long as short |
| dYdX HBAR-USD | +0.1011% | 1h | 0.09458 | +0.104% | $40K | $21K | 5x | as long as short |
MEXC HBAR_USDT
KuCoin HBARUSDTM
Bitget HBARUSDT
Backpack HBAR_USDC_PERP
Variational Omni HBAR
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
Deribit HBAR_USDC-PERPETUAL
Coinbase International HBAR-PERP-INTX
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]
Kraken Futures PF_HBARUSD
dYdX HBAR-USD