Funding you earn now, next payment 21:00 UTC−0.0158%/8h= −17.3% APRpaid last 24h +0.041%
Price spread now: Gate against Lighter+0.098%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$540.540% of the position
Funding, last 7 days+0.199%+$20 on $10k
+Price spread, last 4 days (all we have)−0.060%−$6 · spread now +0.098%, 7d avg +0.054%
=Together, before fees+0.139%+ Points / potential airdropLighter: Season 3 · farm board+$14 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.044% dearer against Lighter than usual: you sell high and buy low (spread +0.098% now, against its 7-day average of +0.054%): +$4 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 22 hours. Mind the row above: over the last 7 days funding on this pair paid +0.199%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter HBAR | 0.09181 | 0.0096 | pay 0.0012% / 1h | 37m 53s | $563K | $588K | 5x |
| Short | Gate HBAR_USDT | 0.09190 | −0.0062 | pay 0.0062% / 8h | 3h 37m | $2.4M | $3.6M | 75x |
Lighter HBAR
Gate HBAR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$33.18
- Price spread: +0.098% → +0.054%
- $4.44
- Slippage, 4 orders
- −$39.03
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$82.77
- Costs to cover
- 0.540%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 7 min ago; Gate: live order book, 10 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, 7 min ago | 1.64 bp | 11.8 bp −$12 | 59.9 bp −$599 | doesn't fit | doesn't fit |
| Sell Gate live order book, 10 min ago | 4.93 bp | 15.0 bp −$15 | 43.6 bp −$436 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective HBAR/USDC PERP | −0.0724% | 1h | 0.09163 | −0.196% | $2K | $38K | 12x | as long as short |
| Backpack HBAR_USDC_PERP | −0.0087% | 1h | 0.09189 | +0.087% | $30K | $125K | 15x | as long as short |
| Gate HBAR_USDTshort | −0.0062% | 8h | 0.09190 | +0.098% | $2.4M | $3.6M | 75x | |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09178 | −0.036% | $8K | — | 150x | as long as short |
| KuCoin HBARUSDTM | +0.0022% | 8h | 0.09182 | +0.011% | $7.5M | $8.1M | 75x | as long as short |
| Extended HBAR-USD | +0.0032% | 1h | 0.09184 | +0.027% | $47K | $206K | 10x | as long as short |
| MEXC HBAR_USDT | +0.0032% | 8h | 0.09186 | +0.054% | $23.2M | $23.2M | 200x | as long as short |
| Binance HBARUSDT | +0.0033% | 8h | 0.09193 | +0.131% | $34.6M | $111.0M | 75x | as long as short |
| Variational Omni HBAR | +0.0050% | 8h | 0.09123 | −0.637% | $1.0M | $208K | — | as long as short |
| Orderly PERP_HBAR_USDC | +0.0073% | 8h | 0.09177 | −0.044% | $3K | $17K | 10x | as long as short |
Injective HBAR/USDC PERP
Backpack HBAR_USDC_PERP
gTrade (Gains Network) HBAR/USD
KuCoin HBARUSDTM
Extended HBAR-USD
MEXC HBAR_USDT
Binance HBARUSDT
Variational Omni HBAR
Orderly PERP_HBAR_USDCShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit HBAR_USDC-PERPETUAL | +0.0077% | 1h | 0.09188 | +0.076% | $506K | $152K | 50x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0079% | 8h | 0.09122 | −0.642% | $365K | $1.9M | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0088% | 1h | 0.09166 | −0.163% | $217K | $2.2M | 50x | as long as short |
| Lighter HBARlong | +0.0096% | 1h | 0.09181 | long leg | $563K | $588K | 5x | |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09201 | +0.219% | $8.8M | $3.0M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09190 | +0.098% | $215K | $452K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09193 | +0.131% | $32.9M | $37.2M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09192 | +0.120% | $6.9M | $24.7M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09196 | +0.163% | $17.0M | $14.6M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09193 | +0.131% | — | $6.7M | — | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09120 | −0.664% | $146K | $698K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09180 | −0.011% | $426 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09184 | +0.033% | $72K | $53K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09180 | −0.011% | $2.2M | $2.1M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0131% | 8h | 0.09164 | −0.185% | $1.5M | $5.5M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0440% / S −0.0472% | 1h | 0.09177 | −0.038% | $102K | — | 100x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0493% | 1h | 0.09193 | +0.134% | $1.4M | $2.4M | 50x | as long as short |
| dYdX HBAR-USD | +0.4921% | 1h | 0.09171 | −0.106% | $30K | $4K | 5x | as long as short |
Deribit HBAR_USDC-PERPETUAL
GRVT HBAR_USDT_Perp
Coinbase International HBAR-PERP-INTX
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDC
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]
Kraken Futures PF_HBARUSD
dYdX HBAR-USD