Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h 0.000%
Price spread now: MEXC against Lighter+0.011%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$290.288% of the position
Funding, last 7 days+0.162%+$16 on $10k
+Price spread, last 4 days (all we have)+0.091%+$9 · spread now +0.011%, 7d avg +0.042%
=Together, before fees+0.253%+ Points / potential airdropLighter: Season 3 · farm board+$25 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: MEXC is 0.031% cheaper against Lighter than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.042%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter HBAR | 0.09377 | 0.0096 | pay 0.0012% / 1h | 18m 09s | $565K | $616K | 5x |
| Short | MEXC HBAR_USDT | 0.09378 | 0.0100 | get 0.0100% / 8h | 3h 18m | $25.9M | $19.8M | 200x |
Lighter HBAR
MEXC HBAR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.011% → +0.042%
- −$3.13
- Slippage, 4 orders
- −$28.82
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$31.11
- Costs to cover
- 0.288%
- Break-even
- 266.2 days
Slippage from Lighter: live order book, 27 min ago; MEXC: live order book, 1 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, 27 min ago | 3.69 bp | 13.6 bp −$14 | 81.8 bp −$818 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 0.53 bp | 0.7 bp −$1 | 8.5 bp −$85 | 40.7 bp −$4,074 | 127.1 bp −$63.5K |
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 | 0.09378 | +0.010% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09382 | +0.053% | $517K | $190K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0011% | 1h | 0.09379 | +0.018% | $9K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | −1.013% | $1K | $105K | 12x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0080% | 1h | 0.09391 | +0.149% | $231K | $2.3M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0080% | 8h | 0.09375 | −0.021% | $2K | $14K | 10x | as long as short |
| Lighter HBARlong | +0.0096% | 1h | 0.09377 | long leg | $565K | $616K | 5x | |
| Aster HBARUSDT | +0.0100% | 8h | 0.09381 | +0.042% | $201K | $336K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09378 | +0.006% | $34.7M | $110.1M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09378 | +0.011% | $33.1M | $35.3M | 75x | as long as short |
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Coinbase International HBAR-PERP-INTX
Orderly PERP_HBAR_USDC
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09380 | +0.032% | $6.6M | $25.8M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09379 | +0.021% | $2.4M | $2.7M | 75x | as long as short |
| MEXC HBAR_USDTshort | +0.0100% | 8h | 0.09378 | +0.011% | $25.9M | $19.8M | 200x | |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09377 | 0.000% | $7.5M | $7.4M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09378 | +0.011% | $17.1M | $15.6M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09379 | +0.021% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09380 | +0.032% | $38K | $199K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09391 | +0.148% | $1.0M | $188K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09391 | +0.152% | $388K | $2.8M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09398 | +0.224% | $151K | $713K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09376 | −0.011% | $435 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09388 | +0.117% | $71K | $68K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09382 | +0.053% | $2.2M | $2.2M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09373 | −0.039% | $48K | $276K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09390 | +0.139% | $1.5M | $5.6M | 90x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0358% | 1h | 0.09382 | +0.053% | $1.3M | $2.9M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0607% / S −0.0638% | 1h | 0.09377 | +0.003% | $155K | — | 100x | as long as short |
| Hyperliquid HBAR | +0.0609% | 1h | 0.09395 | +0.194% | $9.4M | $3.3M | 5x | as long as short |
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
KuCoin HBARUSDTM
Bitget HBARUSDT
BingX HBAR-USDC
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
BloFin HBAR-USDT
Kraken Futures PF_HBARUSD
GMX HBAR/USD [WBTC.b-USDC]
Hyperliquid HBAR