Funding you earn now, next payment 05:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h −0.004%
Price spread now: Extended against Lighter−0.029%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$360.364% of the position
Funding, last 7 days+0.165%+$17 on $10k
+Price spread, last 4 days (all we have)+0.067%+$7 · spread now −0.029%, 7d avg +0.007%
=Together, before fees+0.232%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board+$23 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.036% cheaper against Lighter than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter HBAR | 0.09476 | 0.0096 | pay 0.0012% / 1h | 46m 16s | $572K | $610K | 5x |
| Short | Extended HBAR-USD | 0.09473 | 0.0104 | get 0.0013% / 1h | 46m 16s | $50K | $277K | 10x |
Lighter HBAR
Extended HBAR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $1.68
- Price spread: −0.029% → +0.007%
- −$3.61
- Slippage, 4 orders
- −$31.45
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$38.38
- Costs to cover
- 0.364%
- Break-even
- 166.9 days
Slippage from Lighter: live order book, 64 min ago; Extended: 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, 64 min ago | 2.74 bp | 8.6 bp −$9 | 71.8 bp −$718 | doesn't fit | doesn't fit |
| Sell Extended live order book, 6 min ago | 0.79 bp | 9.7 bp −$10 | 92.5 bp −$925 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX HBAR-USD | 0.0000% | 1h | 0.09480 | +0.039% | $31K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09484 | +0.084% | $522K | $190K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0011% | 1h | 0.09478 | +0.016% | $9K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | −2.047% | $1K | $105K | 12x | as long as short |
| KuCoin HBARUSDTM | +0.0070% | 8h | 0.09478 | +0.021% | $7.6M | $7.4M | 75x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0080% | 8h | 0.09473 | −0.032% | $3K | $14K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0080% | 1h | 0.09475 | −0.011% | $230K | $2.3M | 50x | as long as short |
| Lighter HBARlong | +0.0096% | 1h | 0.09476 | long leg | $572K | $610K | 5x | |
| Aster HBARUSDT | +0.0100% | 8h | 0.09478 | +0.025% | $216K | $324K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09476 | −0.003% | $35.1M | $108.8M | 75x | as long as short |
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
KuCoin HBARUSDTM
Orderly PERP_HBAR_USDC
Coinbase International HBAR-PERP-INTX
Aster HBARUSDT
Binance HBARUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit HBARUSDT | +0.0100% | 8h | 0.09478 | +0.021% | $33.5M | $34.9M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09479 | +0.032% | $6.7M | $25.8M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09474 | −0.021% | $2.5M | $2.7M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09477 | +0.011% | $26.3M | $19.5M | 200x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09477 | +0.011% | $17.4M | $15.2M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09478 | +0.021% | — | $6.5M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09479 | +0.032% | $39K | $201K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09474 | −0.023% | $1.0M | $187K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09443 | −0.350% | $384K | $2.6M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09453 | −0.243% | $153K | $711K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09477 | +0.011% | $440 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09498 | +0.232% | $72K | $68K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09478 | +0.021% | $2.2M | $2.2M | 50x | as long as short |
| Extended HBAR-USDshort | +0.0104% | 1h | 0.09473 | −0.029% | $50K | $277K | 10x | |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09470 | −0.063% | $1.5M | $5.5M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0346% / S −0.0235% | 1h | 0.09479 | +0.031% | $80K | — | 100x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0354% | 1h | 0.09482 | +0.060% | $1.4M | $2.9M | 50x | as long as short |
| Hyperliquid HBAR | +0.0725% | 1h | 0.09494 | +0.191% | $9.6M | $3.2M | 5x | as long as short |
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
MEXC HBAR_USDT
Bitget HBARUSDT
BingX HBAR-USDT
Backpack HBAR_USDC_PERP
Variational Omni HBAR
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]
Kraken Futures PF_HBARUSD
Hyperliquid HBAR