Funding you earn now, next payment 07:00 UTC+0.0124%/8h= +13.6% APRpaid last 24h +0.023%
Price spread now: BloFin against Lighter−0.097%60s7-day average +0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$630.632% of the position
Funding, last 7 days+0.387%+$39 on $10k
+Price spread, last 4 days (all we have)+0.198%+$20 · spread now −0.097%, 7d avg +0.049%
=Together, before fees+0.584%+ Points / potential airdropLighter: Season 3 · farm board+$58 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.146% cheaper against Lighter than usual: you would sell low and buy high (spread −0.097% now, against its 7-day average of +0.049%). If the spread goes back, that is −$15 on $10k: about 3.9 days of funding at the current rate (+$4 a day). The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter HBAR | 0.09302 | 0.0096 | pay 0.0012% / 1h | 15m 52s | $560K | $600K | 5x |
| Short | BloFin HBAR-USDT | 0.09293 | 0.0220 | get 0.0220% / 8h | 1h 15m | $1.5M | $5.7M | 90x |
Lighter HBAR
BloFin HBAR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $26.04
- Price spread: −0.097% → +0.049%
- −$14.55
- Slippage, 4 orders
- −$51.17
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$51.68
- Costs to cover
- 0.632%
- Break-even
- 20.9 days
Slippage from Lighter: live order book, 19 min ago; BloFin: live order book, 8 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, 19 min ago | 4.86 bp | 23.5 bp −$24 | 98.0 bp −$980 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 8 min ago | 1.08 bp | 8.1 bp −$8 | 10.6 bp −$106 | 35.7 bp −$3,572 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack HBAR_USDC_PERP | −0.0388% | 1h | 0.09305 | +0.032% | $35K | $201K | 15x | as long as short |
| Kraken Futures PF_HBARUSD | −0.0266% | 1h | 0.09304 | +0.019% | $1.3M | $3.0M | 50x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09297 | −0.057% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0011% | 1h | 0.09298 | −0.047% | $9K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | −0.215% | $1K | $103K | 12x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0072% | 1h | 0.09309 | +0.075% | $513K | $178K | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0078% | 8h | 0.09300 | −0.022% | $4K | $13K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0080% | 1h | 0.09296 | −0.065% | $211K | $2.3M | 50x | as long as short |
| Lighter HBARlong | +0.0096% | 1h | 0.09302 | long leg | $560K | $600K | 5x | |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09314 | +0.126% | $8.7M | $3.7M | 5x | as long as short |
Backpack HBAR_USDC_PERP
Kraken Futures PF_HBARUSD
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Deribit HBAR_USDC-PERPETUAL
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 | 0.09303 | +0.010% | $200K | $329K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09299 | −0.030% | $34.2M | $111.6M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09302 | 0.000% | $31.8M | $35.9M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09299 | −0.032% | $6.6M | $25.1M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09303 | +0.011% | $2.4M | $2.7M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09301 | −0.011% | $25.1M | $20.0M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09303 | +0.011% | $7.4M | $7.5M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09302 | 0.000% | $17.3M | $15.9M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09301 | −0.011% | — | $6.9M | — | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09262 | −0.431% | $1.0M | $185K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09294 | −0.085% | $384K | $3.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09267 | −0.376% | $150K | $704K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09302 | 0.000% | $432 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09321 | +0.204% | $71K | $70K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09301 | −0.011% | $2.1M | $2.1M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09299 | −0.027% | $59K | $221K | 10x | as long as short |
| BloFin HBAR-USDTshort | +0.0220% | 8h | 0.09293 | −0.097% | $1.5M | $5.7M | 90x | |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0360% / S −0.0261% | 1h | 0.09300 | −0.019% | $84K | — | 100x | as long as short |
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
MEXC HBAR_USDT
KuCoin HBARUSDTM
Bitget HBARUSDT
BingX HBAR-USDT
Variational Omni HBAR
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
GMX HBAR/USD [WBTC.b-USDC]