Settings8H · net · $10k
Funding arb · Price arb /

HBAR

all HBAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0021%/8h= +2.3% APRpaid last 24h −0.009%
Price spread now: Lighter against Binance−0.124%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$320.320% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.162%−$16 on $10k
Price spread, last 4 days (all we have)+0.071%+$7 · spread now −0.124%, 7d avg −0.034%
Together, before fees−0.091%+ Points / potential airdropLighter: Season 3 · farm board−$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.091% cheaper against Binance than usual: you would sell low and buy high (spread −0.124% now, against its 7-day average of −0.034%). If the spread goes back, that is −$9 on $10k: about 14 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.162%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance HBARUSDT0.093200.0075pay 0.0075% / 8h7h 27m$35.0M$108.6M75x
ShortLighter HBAR0.093080.0096get 0.0012% / 1h27m 23s$570K$553K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Binance. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$4.49
Price spread: −0.124% → −0.034%
−$9.06
Slippage, 4 orders
−$22.02
Fee Binance: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$36.6
Costs to cover
0.320%
Break-even
64.1 days
Slippage from Binance: live order book, 1 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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 1 min ago0.54 bp9.0 bp −$915.2 bp −$15259.9 bp −$5,992doesn't fit
Sell Lighter live order book, 38 min ago2.69 bp12.4 bp −$1272.4 bp −$724doesn't fitdoesn't fit

HBAR on 28 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin HBARUSDTM−0.0079%8h0.09315−0.049%$7.4M$7.7M75xas long as short
dYdX HBAR-USD0.0000%1h0.09310−0.102%$30K$4K5xas long as short
gTrade (Gains Network) HBAR/USDL +0.0007% / S −0.0014%1h0.09320+0.007%$8K150xas long as short
GRVT HBAR_USDT_Perp+0.0028%8h0.09312−0.085%$379K$2.2M10xas long as short
Injective HBAR/USDC PERP+0.0033%1h0.09267−0.564%$1K$106K12xas long as short
Coinbase International HBAR-PERP-INTX+0.0056%1h0.09306−0.146%$227K$2.2M50xas long as short
Kraken Futures PF_HBARUSD+0.0057%1h0.09321+0.013%$1.4M$2.3M50xas long as short
Extended HBAR-USD+0.0072%1h0.09307−0.134%$53K$332K10xas long as short
MEXC HBAR_USDT+0.0073%8h0.09318−0.017%$26.2M$22.3M200xas long as short
Variational Omni HBAR+0.0075%8h0.09309−0.113%$1.0M$197Kas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance HBARUSDTlong+0.0075%8h0.09320long leg$35.0M$108.6M75x
Orderly PERP_HBAR_USDC+0.0076%8h0.09313−0.071%$2K$17K10xas long as short
ApeX Omni HBARUSDT+0.0088%1h0.09291−0.307%$149K$718K50xas long as short
Lighter HBARshort+0.0096%1h0.09308−0.124%$570K$553K5x
Hyperliquid HBAR+0.0100%1h0.09331+0.125%$8.9M$2.8M5xas long as short
Aster HBARUSDT+0.0100%8h0.09315−0.048%$212K$407K50xas long as short
Bybit HBARUSDT+0.0100%8h0.09316−0.039%$33.1M$35.9M75xas long as short
OKX HBAR-USDT-SWAP+0.0100%8h0.09316−0.039%$6.9M$25.1M50xas long as short
Gate HBAR_USDT+0.0100%8h0.09309−0.114%$2.4M$3.4M75xas long as short
Bitget HBARUSDT+0.0100%8h0.09319−0.006%$17.3M$15.0M75xas long as short
BingX HBAR-USDT+0.0100%8h0.09310−0.103%$5.9Mas long as short
Backpack HBAR_USDC_PERP+0.0100%1h0.09317−0.028%$32K$106K15xas long as short
SoDEX HBAR-USD+0.0100%1h0.09314−0.060%$432$6K5xas long as short
HTX HBAR-USDT+0.0100%8h0.09312−0.081%$74K$60K20xas long as short
Phemex HBARUSDT+0.0100%8h0.09312−0.081%$2.2M$2.1M50xas long as short
Deribit HBAR_USDC-PERPETUAL+0.0179%1h0.09323+0.037%$513K$166K50xas long as short
BloFin HBAR-USDT+0.0193%8h0.09286−0.360%$1.5M$5.7M90xas long as short
GMX HBAR/USD [WBTC.b-USDC]L +0.0494% / S −0.0463%1h0.09320+0.007%$124K100xas long as short