Funding you earn now, next payment 23:00 UTC−0.0249%/8h= −27.3% APRnext payment −$0.31 per $10,000 · paid last 24h −0.557%
Price spread now: Injective against Lighter+0.162%7-day average −0.055% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.686%−$69 on $10k
+Price spread, last 3 days (all we have)−0.578%−$58 · spread now +0.162%, 7d avg −0.055%
=Together, before fees−1.264%+ Points / potential airdropLighter: Season 3 · farm board−$126 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Injective is 0.217% dearer against Lighter than usual: you sell high and buy low (spread +0.162% now, against its 7-day average of −0.055%): +$22 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter HBAR | 0.09252 | 0.0096 | pay 0.0012% / 1h | 49m 08s | $568K | $590K | 5x |
| Short | Injective HBAR/USDC PERP | 0.09267 | −0.0153 | pay 0.0019% / 1h | 49m 08s | $1K | $112K | 12x |
Lighter HBAR
Injective HBAR/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$52.31
- Price spread: +0.162% → −0.055%
- $21.67
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$30.66
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Lighter: live order book, 26 min ago; Injective: live order book, 30 min ago. Net counts fees only.
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, 26 min ago | 2.71 bp | 7.5 bp −$8 | 52.9 bp −$529 | doesn't fit | doesn't fit |
| Sell Injective live order book, 30 min ago | 20.50 bp | doesn't fit | doesn't fit | 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 PERPshort | −0.0153% | 1h | 0.09267 | +0.162% | $1K | $112K | 12x | |
| Gate HBAR_USDT | −0.0033% | 8h | 0.09245 | −0.076% | $2.4M | $3.5M | 75x | as long as short |
| KuCoin HBARUSDTM | −0.0010% | 8h | 0.09253 | +0.011% | $7.4M | $7.9M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09250 | −0.023% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09263 | +0.119% | $510K | $151K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09249 | −0.034% | $8K | — | 150x | as long as short |
| Variational Omni HBAR | +0.0055% | 8h | 0.09261 | +0.094% | $1.0M | $197K | — | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09257 | +0.054% | $223K | $2.2M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0077% | 8h | 0.09249 | −0.032% | $2K | $16K | 10x | as long as short |
| MEXC HBAR_USDT | +0.0078% | 8h | 0.09251 | −0.011% | $24.5M | $22.1M | 200x | as long as short |
Gate HBAR_USDT
KuCoin HBARUSDTM
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Variational Omni HBAR
Coinbase International HBAR-PERP-INTX
Orderly PERP_HBAR_USDC
MEXC HBAR_USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance HBARUSDT | +0.0079% | 8h | 0.09253 | +0.011% | $34.8M | $110.2M | 75x | as long as short |
| Extended HBAR-USD | +0.0080% | 1h | 0.09249 | −0.027% | $51K | $218K | 10x | as long as short |
| Lighter HBARlong | +0.0096% | 1h | 0.09252 | long leg | $568K | $590K | 5x | |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09262 | +0.103% | $8.8M | $2.9M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09249 | −0.031% | $211K | $429K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09253 | +0.011% | $32.9M | $37.0M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09250 | −0.022% | $6.8M | $24.9M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09253 | +0.011% | $17.1M | $14.8M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09252 | 0.000% | — | $5.9M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09254 | +0.022% | $32K | $103K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09261 | +0.101% | $377K | $2.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09261 | +0.097% | $148K | $707K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09254 | +0.022% | $430 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09258 | +0.065% | $73K | $53K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09246 | −0.065% | $2.2M | $2.1M | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0194% | 1h | 0.09258 | +0.061% | $1.4M | $2.3M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0199% | 8h | 0.09247 | −0.054% | $1.4M | $5.5M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0447% / S −0.0478% | 1h | 0.09249 | −0.035% | $104K | — | 100x | as long as short |
Binance HBARUSDT
Extended HBAR-USD
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDT
Backpack HBAR_USDC_PERP
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Kraken Futures PF_HBARUSD
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]