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

HBAR

all HBAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.005%
Price spread now: Lighter against BingX+0.116%7-day average −0.032% · 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−$32as in the Price arb table
costs, in and out, $10k−$470.467% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.223%−$22 on $10k
Price spread, last 4 days (all we have)−0.135%−$14 · spread now +0.116%, 7d avg −0.032%
Together, before fees−0.359%+ Points / potential airdropLighter: Season 3 · farm board−$36 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 0.148% dearer against BingX than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.032%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX HBAR-USDT0.094740.0100pay 0.0100% / 8h5h 54m$7.8M
ShortLighter HBAR0.094850.0096get 0.0012% / 1h54m 56s$576K$545K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against BingX. 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
−$0.84
Price spread: +0.116% → −0.032%
$14.77
Slippage, 4 orders
−$36.75
Fee BingX: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$32.82
Costs to cover
0.467%
Break-even
never at this rate
Slippage from BingX: live order book, 1 min ago; Lighter: live order book, 52 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 BingX live order book, 1 min ago1.58 bp9.2 bp −$915.5 bp −$15558.6 bp −$5,861329.4 bp −$164.7K
Sell Lighter live order book, 52 min ago2.60 bp17.6 bp −$1866.8 bp −$668doesn't fitdoesn't fit

HBAR on 28 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective HBAR/USDC PERP−0.0072%1h0.09663+1.995%$5K$101K12xas long as short
ApeX Omni HBARUSDT−0.0062%1h0.09481+0.074%$153K$701K50xas long as short
gTrade (Gains Network) HBAR/USDL +0.0007% / S −0.0008%1h0.09469−0.055%$11K150xas long as short
Orderly PERP_HBAR_USDC+0.0092%8h0.09480+0.063%$1K$9K10xas long as short
Gate HBAR_USDT+0.0094%8h0.09482+0.084%$2.5M$2.9M75xas long as short
Lighter HBARshort+0.0096%1h0.09485+0.116%$576K$545K5x
Hyperliquid HBAR+0.0100%1h0.09491+0.175%$8.7M$4.3M5xas long as short
Aster HBARUSDT+0.0100%8h0.09480+0.063%$203K$375K50xas long as short
Binance HBARUSDT+0.0100%8h0.09470−0.041%$35.8M$114.7M75xas long as short
Bybit HBARUSDT+0.0100%8h0.09467−0.074%$33.5M$37.9M75xas long as short
Show all 28 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX HBAR-USDT-SWAP+0.0100%8h0.09471−0.032%$6.6M$27.0M50xas long as short
MEXC HBAR_USDT+0.0100%8h0.09477+0.032%$27.3M$20.0M200xas long as short
KuCoin HBARUSDTM+0.0100%8h0.09480+0.063%$7.3M$7.2M75xas long as short
Bitget HBARUSDT+0.0100%8h0.09477+0.032%$17.9M$18.9M75xas long as short
BingX HBAR-USDTlong+0.0100%8h0.09474long leg$7.8M
Backpack HBAR_USDC_PERP+0.0100%1h0.09487+0.137%$36K$201K15xas long as short
Variational Omni HBAR+0.0100%8h0.09459−0.157%$1.0M$100Kas long as short
GRVT HBAR_USDT_Perp+0.0100%8h0.09466−0.087%$389K$3.7M10xas long as short
SoDEX HBAR-USD+0.0100%1h0.09480+0.063%$440$5K5xas long as short
HTX HBAR-USDT+0.0100%8h0.09492+0.190%$72K$64K20xas long as short
Phemex HBARUSDT+0.0100%8h0.09477+0.032%$2.5M$3.3M50xas long as short
Extended HBAR-USD+0.0104%1h0.09476+0.016%$50K$307K10xas long as short
Deribit HBAR_USDC-PERPETUAL+0.0172%1h0.09492+0.190%$533K$224K50xas long as short
Coinbase International HBAR-PERP-INTX+0.0192%1h0.09489+0.158%$227K$2.9M50xas long as short
BloFin HBAR-USDT+0.0220%8h0.09473−0.011%$1.6M$5.8M90xas long as short
GMX HBAR/USD [WBTC.b-USDC]L +0.0368% / S −0.0371%1h0.09482+0.080%$77K100xas long as short
Kraken Futures PF_HBARUSD+0.0421%1h0.09487+0.139%$1.4M$3.7M50xas long as short
dYdX HBAR-USD+0.1017%1h0.09483+0.094%$40K$21K5xas long as short