Funding you earn now, next payment 01:00 UTC+0.0176%/8h= +19.3% APRpaid last 24h −0.002%
Price spread now: Lighter against KuCoin−0.086%7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$480.477% of the position
Funding, last 7 days−0.144%−$14 on $10k
+Price spread, last 4 days (all we have)+0.060%+$6 · spread now −0.086%, 7d avg −0.052%
=Together, before fees−0.083%+ Points / potential airdropLighter: Season 3 · farm board−$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.034% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.086% now, against its 7-day average of −0.052%). If the spread goes back, that is −$3 on $10k: about 15 hours of funding at the current rate (+$5 a day). Mind the row above: over the last 7 days funding on this pair cost −0.144%, 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 | KuCoin HBARUSDTM | 0.09345 | −0.0080 | get 0.0080% / 8h | 7h 24m | $7.4M | $7.7M | 75x |
| Short | Lighter HBAR | 0.09337 | 0.0096 | get 0.0012% / 1h | 24m 21s | $572K | $553K | 5x |
KuCoin HBARUSDTM
Lighter HBARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against KuCoin. 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
- $36.96
- Price spread: −0.086% → −0.052%
- −$3.36
- Slippage, 4 orders
- −$35.7
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$14.09
- Costs to cover
- 0.477%
- Break-even
- 9.7 days
Slippage from KuCoin: live order book, 4 min ago; Lighter: live order book, 41 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 KuCoin live order book, 4 min ago | 2.68 bp | 15.8 bp −$16 | 46.6 bp −$466 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 41 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 HBARUSDTMlong | −0.0080% | 8h | 0.09345 | long leg | $7.4M | $7.7M | 75x | |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09348 | +0.034% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09349 | +0.043% | $515K | $166K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09360 | +0.161% | $8K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09267 | −0.835% | $1K | $106K | 12x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0052% | 8h | 0.09316 | −0.316% | $379K | $2.2M | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0056% | 1h | 0.09348 | +0.032% | $227K | $2.3M | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0057% | 1h | 0.09350 | +0.048% | $1.4M | $2.3M | 50x | as long as short |
| Extended HBAR-USD | +0.0072% | 1h | 0.09337 | −0.083% | $53K | $332K | 10x | as long as short |
| Variational Omni HBAR | +0.0074% | 8h | 0.09339 | −0.065% | $1.0M | $191K | — | as long as short |
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
GRVT HBAR_USDT_Perp
Coinbase International HBAR-PERP-INTX
Kraken Futures PF_HBARUSD
Extended HBAR-USD
Variational Omni HBARShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC HBAR_USDT | +0.0075% | 8h | 0.09347 | +0.021% | $27.4M | $22.5M | 200x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09356 | +0.118% | $2K | $17K | 10x | as long as short |
| Binance HBARUSDT | +0.0077% | 8h | 0.09355 | +0.107% | $35.2M | $108.5M | 75x | as long as short |
| Lighter HBARshort | +0.0096% | 1h | 0.09337 | −0.086% | $572K | $553K | 5x | |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09359 | +0.150% | $8.9M | $2.7M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09341 | −0.040% | $213K | $407K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09354 | +0.096% | $33.3M | $35.7M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09357 | +0.128% | $6.9M | $25.1M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09351 | +0.064% | $2.4M | $3.4M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09354 | +0.096% | $17.4M | $14.9M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09357 | +0.128% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09348 | +0.032% | $34K | $107K | 15x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09322 | −0.246% | $149K | $718K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09342 | −0.032% | $434 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09362 | +0.182% | $74K | $60K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09346 | +0.011% | $2.2M | $2.1M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0196% | 8h | 0.09343 | −0.021% | $1.5M | $5.5M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0495% / S −0.0562% | 1h | 0.09361 | +0.171% | $118K | — | 100x | as long as short |
MEXC HBAR_USDT
Orderly PERP_HBAR_USDC
Binance HBARUSDT
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
Bitget HBARUSDT
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]