Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.014%
Price spread now: Lighter against Bybit−0.032%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$380.385% of the position
Funding, last 7 days−0.141%−$14 on $10k
+Price spread, last 4 days (all we have)+0.026%+$3 · spread now −0.032%, 7d avg −0.025%
=Together, before fees−0.116%+ Points / potential airdropLighter: Season 3 · farm board−$12 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit HBARUSDT | 0.09341 | 0.0100 | pay 0.0100% / 8h | 4h 15m | $32.9M | $34.2M | 75x |
| Short | Lighter HBAR | 0.09338 | 0.0096 | get 0.0012% / 1h | 15m 49s | $566K | $598K | 5x |
Bybit HBARUSDT
Lighter HBARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bybit. 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: −0.032% → −0.025%
- −$0.7
- Slippage, 4 orders
- −$27.5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$40.04
- Costs to cover
- 0.385%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; Lighter: live order book, 35 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 Bybit live order book, 3 min ago | 0.54 bp | 8.1 bp −$8 | 16.7 bp −$167 | 66.7 bp −$6,673 | doesn't fit |
| Sell Lighter live order book, 35 min ago | 2.74 bp | 10.0 bp −$10 | 56.6 bp −$566 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX HBAR-USD | 0.0000% | 1h | 0.09339 | −0.020% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0011% | 1h | 0.09313 | −0.304% | $9K | — | 150x | as long as short |
| KuCoin HBARUSDTM | +0.0025% | 8h | 0.09303 | −0.407% | $7.2M | $7.2M | 75x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | −0.632% | $1K | $105K | 12x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09317 | −0.257% | $227K | $2.1M | 50x | as long as short |
| Gate HBAR_USDT | +0.0070% | 8h | 0.09329 | −0.128% | $2.4M | $2.8M | 75x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0072% | 1h | 0.09315 | −0.278% | $513K | $179K | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0080% | 8h | 0.09308 | −0.353% | $2K | $14K | 10x | as long as short |
| Lighter HBARshort | +0.0096% | 1h | 0.09338 | −0.032% | $566K | $598K | 5x | |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09341 | −0.005% | $8.8M | $2.7M | 5x | as long as short |
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
KuCoin HBARUSDTM
Injective HBAR/USDC PERP
Coinbase International HBAR-PERP-INTX
Gate HBAR_USDT
Deribit HBAR_USDC-PERPETUAL
Orderly PERP_HBAR_USDC
Hyperliquid HBARShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HBARUSDT | +0.0100% | 8h | 0.09318 | −0.241% | $213K | $315K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09339 | −0.021% | $34.3M | $105.9M | 75x | as long as short |
| Bybit HBARUSDTlong | +0.0100% | 8h | 0.09341 | long leg | $32.9M | $34.2M | 75x | |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09341 | 0.000% | $6.6M | $25.1M | 50x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09330 | −0.118% | $26.1M | $19.7M | 200x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09329 | −0.128% | $17.1M | $15.1M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09330 | −0.118% | — | $6.4M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09301 | −0.428% | $38K | $200K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09310 | −0.333% | $1.0M | $187K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09287 | −0.583% | $373K | $2.5M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09291 | −0.535% | $148K | $713K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09306 | −0.375% | $432 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09321 | −0.214% | $71K | $66K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09304 | −0.396% | $2.2M | $2.1M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09299 | −0.446% | $52K | $274K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09314 | −0.289% | $1.5M | $5.5M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0348% / S −0.0234% | 1h | 0.09312 | −0.308% | $79K | — | 100x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0389% | 1h | 0.09312 | −0.310% | $1.4M | $2.6M | 50x | as long as short |
Aster HBARUSDT
Binance HBARUSDT
OKX HBAR-USDT-SWAP
MEXC HBAR_USDT
Bitget HBARUSDT
BingX HBAR-USDT
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]
Kraken Futures PF_HBARUSD