Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.027%
Price spread now: Bitget against Lighter+0.022%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$500.499% of the position
Funding, last 7 days+0.228%+$23 on $10k
+Price spread, last 4 days (all we have)+0.018%+$2 · spread now +0.022%, 7d avg +0.041%
=Together, before fees+0.247%+ Points / potential airdropLighter: Season 3 · farm board+$25 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter HBAR | 0.09192 | 0.0096 | pay 0.0012% / 1h | 0m 40s | $559K | $596K | 5x |
| Short | Bitget HBARUSDT | 0.09194 | 0.0100 | get 0.0100% / 8h | 6h 00m | $17.0M | $14.8M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Lighter. 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: +0.022% → +0.041%
- −$1.92
- Slippage, 4 orders
- −$37.85
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$50.93
- Costs to cover
- 0.499%
- Break-even
- 431.4 days
Slippage from Lighter: live order book, 60 min ago; Bitget: live order book, 3 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 Lighter live order book, 60 min ago | 2.71 bp | 17.0 bp −$17 | 78.6 bp −$786 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 0.54 bp | 11.7 bp −$12 | 13.6 bp −$136 | 37.8 bp −$3,785 | doesn't fit |
HBAR on 27 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 | −0.0054% | 8h | 0.09192 | 0.000% | $7.1M | $7.3M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09195 | +0.034% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09205 | +0.141% | $507K | $151K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09203 | +0.118% | $8K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | +0.979% | $1K | $106K | 12x | as long as short |
| Gate HBAR_USDT | +0.0059% | 8h | 0.09196 | +0.044% | $2.4M | $3.0M | 75x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09201 | +0.098% | $223K | $2.1M | 50x | as long as short |
| Variational Omni HBAR | +0.0065% | 8h | 0.09198 | +0.064% | $1.0M | $187K | — | as long as short |
| Kraken Futures PF_HBARUSD | +0.0069% | 1h | 0.09205 | +0.139% | $1.4M | $2.5M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0078% | 8h | 0.09199 | +0.076% | $2K | $17K | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended HBAR-USD | +0.0080% | 1h | 0.09192 | 0.000% | $47K | $273K | 10x | as long as short |
| MEXC HBAR_USDT | +0.0083% | 8h | 0.09194 | +0.022% | $25.9M | $22.0M | 200x | as long as short |
| Binance HBARUSDT | +0.0085% | 8h | 0.09193 | +0.011% | $34.1M | $104.0M | 75x | as long as short |
| Lighter HBARlong | +0.0096% | 1h | 0.09192 | long leg | $559K | $596K | 5x | |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09204 | +0.134% | $8.8M | $2.6M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09194 | +0.017% | $210K | $322K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09193 | +0.011% | $32.6M | $34.0M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09194 | +0.022% | $6.7M | $24.2M | 50x | as long as short |
| Bitget HBARUSDTshort | +0.0100% | 8h | 0.09194 | +0.022% | $17.0M | $14.8M | 75x | |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09195 | +0.033% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09199 | +0.076% | $32K | $120K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09210 | +0.195% | $371K | $2.3M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09219 | +0.294% | $147K | $711K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09199 | +0.076% | $427 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09216 | +0.261% | $70K | $66K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09201 | +0.098% | $2.1M | $2.1M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0486% / S −0.0462% | 1h | 0.09203 | +0.120% | $120K | — | 100x | as long as short |
Lighter HBAR
Bitget HBARUSDT
KuCoin HBARUSDTM
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Gate HBAR_USDT
Coinbase International HBAR-PERP-INTX
Variational Omni HBAR
Kraken Futures PF_HBARUSD
Extended HBAR-USD
MEXC HBAR_USDT
Binance HBARUSDT
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
GMX HBAR/USD [WBTC.b-USDC]