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−0.0106%/8h= −11.7% APRpaid last 24h −0.037%
Price spread now: Lighter against BloFin0.000%7-day average −0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$380.376% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.387%−$39 on $10k
Price spread, last 3 days (all we have)−0.107%−$11 · spread now 0.000%, 7d avg −0.064%
Together, before fees−0.494%+ Points / potential airdropLighter: Season 3 · farm board−$49 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.064% dearer against BloFin than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.064%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 48 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin HBAR-USDT0.093010.0202pay 0.0202% / 8h7h 51m$1.5M$5.8M90x
ShortLighter HBAR0.093010.0096get 0.0012% / 1h51m 10s$570K$547K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against BloFin. 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
−$22.35
Price spread: 0.000% → −0.064%
$6.37
Slippage, 4 orders
−$25.6
Fee BloFin: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
−$53.58
Costs to cover
0.376%
Break-even
never at this rate
Slippage from BloFin: live order book, 3 min ago; Lighter: live order book, 14 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 BloFin live order book, 3 min ago1.08 bp11.9 bp −$1217.3 bp −$17339.3 bp −$3,926doesn't fit
Sell Lighter live order book, 14 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
ApeX Omni HBARUSDT−0.0210%1h0.09319+0.194%$149K$711K50xas long as short
Gate HBAR_USDT−0.0206%8h0.09310+0.097%$2.4M$3.3M75xas long as short
KuCoin HBARUSDTM−0.0078%8h0.09296−0.054%$7.3M$7.9M75xas long as short
GRVT HBAR_USDT_Perp−0.0021%8h0.09338+0.399%$376K$2.2M10xas long as short
dYdX HBAR-USD0.0000%1h0.09341+0.430%$30K$4K5xas long as short
gTrade (Gains Network) HBAR/USDL +0.0007% / S −0.0014%1h0.09311+0.110%$8K150xas long as short
Injective HBAR/USDC PERP+0.0033%1h0.09267−0.366%$1K$106K12xas long as short
Coinbase International HBAR-PERP-INTX+0.0056%1h0.09304+0.032%$232K$2.3M50xas long as short
Kraken Futures PF_HBARUSD+0.0057%1h0.09305+0.045%$1.4M$2.3M50xas long as short
Variational Omni HBAR+0.0071%8h0.09304+0.033%$1.0M$202Kas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_HBAR_USDC+0.0078%8h0.09297−0.043%$2K$17K10xas long as short
Extended HBAR-USD+0.0080%1h0.09299−0.022%$52K$226K10xas long as short
MEXC HBAR_USDT+0.0082%8h0.09297−0.043%$26.3M$22.2M200xas long as short
Binance HBARUSDT+0.0082%8h0.09296−0.054%$35.0M$109.7M75xas long as short
Lighter HBARshort+0.0096%1h0.093010.000%$570K$547K5x
Hyperliquid HBAR+0.0100%1h0.09318+0.185%$8.9M$2.8M5xas long as short
Aster HBARUSDT+0.0100%8h0.09312+0.117%$212K$429K50xas long as short
Bybit HBARUSDT+0.0100%8h0.09294−0.075%$33.1M$36.2M75xas long as short
OKX HBAR-USDT-SWAP+0.0100%8h0.09295−0.065%$6.9M$25.2M50xas long as short
Bitget HBARUSDT+0.0100%8h0.09299−0.022%$17.3M$14.9M75xas long as short
BingX HBAR-USDC+0.0100%8h0.09298−0.032%$6.7Mas long as short
Backpack HBAR_USDC_PERP+0.0100%1h0.09300−0.011%$37K$103K15xas long as short
SoDEX HBAR-USD+0.0100%1h0.09299−0.022%$432$6K5xas long as short
HTX HBAR-USDT+0.0100%8h0.09349+0.516%$74K$59K20xas long as short
Phemex HBARUSDT+0.0100%8h0.09302+0.011%$2.2M$2.2M50xas long as short
Deribit HBAR_USDC-PERPETUAL+0.0180%1h0.09309+0.086%$513K$166K50xas long as short
BloFin HBAR-USDTlong+0.0202%8h0.09301long leg$1.5M$5.8M90x
GMX HBAR/USD [WBTC.b-USDC]L +0.0491% / S −0.0555%1h0.09309+0.090%$116K100xas long as short