Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.005%
Price spread now: Lighter against MEXC+0.075%7-day average −0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$530.530% of the position
Funding, last 7 days−0.162%−$16 on $10k
+Price spread, last 4 days (all we have)−0.118%−$12 · spread now +0.075%, 7d avg −0.041%
=Together, before fees−0.280%+ Points / potential airdropLighter: Season 3 · farm board−$28 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: Lighter is 0.116% dearer against MEXC than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.041%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC HBAR_USDT | 0.09321 | 0.0100 | pay 0.0100% / 8h | 56m 53s | $25.8M | $19.8M | 200x |
| Short | Lighter HBAR | 0.09328 | 0.0096 | get 0.0012% / 1h | 56m 53s | $562K | $597K | 5x |
MEXC HBAR_USDT
Lighter HBARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against MEXC. 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: +0.075% → −0.041%
- $11.59
- Slippage, 4 orders
- −$53.02
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$42.27
- Costs to cover
- 0.530%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; Lighter: live order book, 38 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 MEXC live order book, 2 min ago | 0.54 bp | 2.8 bp −$3 | 7.9 bp −$79 | 37.2 bp −$3,723 | 111.8 bp −$55.9K |
| Sell Lighter live order book, 38 min ago | 4.86 bp | 23.3 bp −$23 | 91.1 bp −$911 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_HBARUSD | −0.0146% | 1h | 0.09331 | +0.106% | $1.3M | $2.9M | 50x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09334 | +0.136% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09336 | +0.161% | $514K | $178K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0011% | 1h | 0.09330 | +0.102% | $9K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | −0.418% | $1K | $103K | 12x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0079% | 8h | 0.09326 | +0.054% | $4K | $10K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0080% | 1h | 0.09331 | +0.107% | $206K | $2.3M | 50x | as long as short |
| Lighter HBARshort | +0.0096% | 1h | 0.09328 | +0.075% | $562K | $597K | 5x | |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09335 | +0.150% | $8.7M | $3.7M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09325 | +0.048% | $200K | $329K | 50x | as long as short |
Kraken Futures PF_HBARUSD
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Orderly PERP_HBAR_USDC
Coinbase International HBAR-PERP-INTX
Hyperliquid HBAR
Aster HBARUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance HBARUSDT | +0.0100% | 8h | 0.09318 | −0.029% | $34.3M | $111.2M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09320 | −0.011% | $31.9M | $35.6M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09321 | 0.000% | $6.6M | $25.0M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09325 | +0.043% | $2.4M | $2.7M | 75x | as long as short |
| MEXC HBAR_USDTlong | +0.0100% | 8h | 0.09321 | long leg | $25.8M | $19.8M | 200x | |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09323 | +0.021% | $7.4M | $7.4M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09325 | +0.043% | $17.2M | $15.9M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09318 | −0.032% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09327 | +0.064% | $35K | $201K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09306 | −0.162% | $1.0M | $181K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09304 | −0.183% | $378K | $3.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09311 | −0.107% | $151K | $703K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09329 | +0.086% | $433 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09341 | +0.215% | $71K | $70K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09330 | +0.097% | $2.2M | $2.1M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09320 | −0.007% | $53K | $232K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09322 | +0.011% | $1.5M | $5.7M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0360% / S −0.0261% | 1h | 0.09330 | +0.102% | $84K | — | 100x | as long as short |
Binance HBARUSDT
Bybit HBARUSDT
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
GMX HBAR/USD [WBTC.b-USDC]