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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HBARUSDT | 0.09320 | 0.0075 | pay 0.0075% / 8h | 7h 27m | $35.0M | $108.6M | 75x |
| Short | Lighter HBAR | 0.09308 | 0.0096 | get 0.0012% / 1h | 27m 23s | $570K | $553K | 5x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 1 min ago | 0.54 bp | 9.0 bp −$9 | 15.2 bp −$152 | 59.9 bp −$5,992 | doesn't fit |
| Sell Lighter live order book, 38 min ago | 2.69 bp | 12.4 bp −$12 | 72.4 bp −$724 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HBARUSDTM | −0.0079% | 8h | 0.09315 | −0.049% | $7.4M | $7.7M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09310 | −0.102% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09320 | +0.007% | $8K | — | 150x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0028% | 8h | 0.09312 | −0.085% | $379K | $2.2M | 10x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09267 | −0.564% | $1K | $106K | 12x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0056% | 1h | 0.09306 | −0.146% | $227K | $2.2M | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0057% | 1h | 0.09321 | +0.013% | $1.4M | $2.3M | 50x | as long as short |
| Extended HBAR-USD | +0.0072% | 1h | 0.09307 | −0.134% | $53K | $332K | 10x | as long as short |
| MEXC HBAR_USDT | +0.0073% | 8h | 0.09318 | −0.017% | $26.2M | $22.3M | 200x | as long as short |
| Variational Omni HBAR | +0.0075% | 8h | 0.09309 | −0.113% | $1.0M | $197K | — | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance HBARUSDTlong | +0.0075% | 8h | 0.09320 | long leg | $35.0M | $108.6M | 75x | |
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09313 | −0.071% | $2K | $17K | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0088% | 1h | 0.09291 | −0.307% | $149K | $718K | 50x | as long as short |
| Lighter HBARshort | +0.0096% | 1h | 0.09308 | −0.124% | $570K | $553K | 5x | |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09331 | +0.125% | $8.9M | $2.8M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09315 | −0.048% | $212K | $407K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09316 | −0.039% | $33.1M | $35.9M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09316 | −0.039% | $6.9M | $25.1M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09309 | −0.114% | $2.4M | $3.4M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09319 | −0.006% | $17.3M | $15.0M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09310 | −0.103% | — | $5.9M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09317 | −0.028% | $32K | $106K | 15x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09314 | −0.060% | $432 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09312 | −0.081% | $74K | $60K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09312 | −0.081% | $2.2M | $2.1M | 50x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0179% | 1h | 0.09323 | +0.037% | $513K | $166K | 50x | as long as short |
| BloFin HBAR-USDT | +0.0193% | 8h | 0.09286 | −0.360% | $1.5M | $5.7M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0494% / S −0.0463% | 1h | 0.09320 | +0.007% | $124K | — | 100x | as long as short |
Binance HBARUSDT
Lighter HBAR
KuCoin HBARUSDTM
gTrade (Gains Network) HBAR/USD
GRVT HBAR_USDT_Perp
Injective HBAR/USDC PERP
Coinbase International HBAR-PERP-INTX
Kraken Futures PF_HBARUSD
Extended HBAR-USD
MEXC HBAR_USDT
Variational Omni HBAR
ApeX Omni HBARUSDT
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
Bitget HBARUSDT
BingX HBAR-USDT
Backpack HBAR_USDC_PERP
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Deribit HBAR_USDC-PERPETUAL
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]