Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.003%
Price spread now: Bybit against Lighter+0.222%7-day average +0.026% · 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−$22as in the Price arb table
costs, in and out, $10k−$420.415% of the position
Funding, last 7 days+0.141%+$14 on $10k
+Price spread, last 4 days (all we have)−0.194%−$19 · spread now +0.222%, 7d avg +0.026%
=Together, before fees−0.053%+ Points / potential airdropLighter: Season 3 · farm board−$5 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: Bybit is 0.196% dearer against Lighter than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of +0.026%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter HBAR | 0.09461 | 0.0096 | pay 0.0012% / 1h | 19m 44s | $570K | $600K | 5x |
| Short | Bybit HBARUSDT | 0.09482 | 0.0100 | get 0.0100% / 8h | 19m 44s | $32.4M | $35.7M | 75x |
Lighter HBAR
Bybit HBARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.222% → +0.026%
- $19.57
- Slippage, 4 orders
- −$30.54
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$21.14
- Costs to cover
- 0.415%
- Break-even
- 183.1 days
Slippage from Lighter: live order book, 10 min ago; Bybit: live order book, 4 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, 10 min ago | 6.40 bp | 10.4 bp −$10 | 72.9 bp −$729 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 0.53 bp | 9.1 bp −$9 | 22.0 bp −$220 | 72.8 bp −$7,280 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_HBARUSD | −0.0144% | 1h | 0.09463 | +0.025% | $1.3M | $2.9M | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0008% | 1h | 0.09462 | +0.006% | $11K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | −1.892% | $1K | $103K | 12x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0079% | 8h | 0.09454 | −0.074% | $2K | $12K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0080% | 1h | 0.09443 | −0.190% | $213K | $2.4M | 50x | as long as short |
| Lighter HBARlong | +0.0096% | 1h | 0.09461 | long leg | $570K | $600K | 5x | |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09495 | +0.363% | $8.8M | $3.6M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09480 | +0.201% | $204K | $324K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09482 | +0.217% | $35.2M | $112.0M | 75x | as long as short |
| Bybit HBARUSDTshort | +0.0100% | 8h | 0.09482 | +0.222% | $32.4M | $35.7M | 75x |
Kraken Futures PF_HBARUSD
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Orderly PERP_HBAR_USDC
Coinbase International HBAR-PERP-INTX
Hyperliquid HBAR
Aster HBARUSDT
Binance HBARUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09482 | +0.222% | $6.7M | $25.5M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09476 | +0.159% | $2.5M | $2.7M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09477 | +0.169% | $26.1M | $20.1M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09478 | +0.180% | $7.6M | $7.4M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09480 | +0.201% | $17.5M | $16.2M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09482 | +0.222% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09464 | +0.032% | $38K | $197K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09429 | −0.340% | $1.0M | $178K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09387 | −0.782% | $381K | $3.2M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09391 | −0.740% | $153K | $700K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09461 | 0.000% | $439 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09461 | 0.000% | $72K | $71K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09459 | −0.021% | $2.4M | $2.4M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09469 | +0.089% | $49K | $307K | 10x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0173% | 1h | 0.09463 | +0.021% | $521K | $178K | 50x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09428 | −0.349% | $1.5M | $5.8M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0357% / S −0.0251% | 1h | 0.09460 | −0.010% | $83K | — | 100x | as long as short |
| dYdX HBAR-USD | +0.2114% | 1h | 0.09440 | −0.220% | $30K | $8K | 5x | as long as short |
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
MEXC HBAR_USDT
KuCoin HBARUSDTM
Bitget HBARUSDT
BingX HBAR-USDC
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
Deribit HBAR_USDC-PERPETUAL
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]
dYdX HBAR-USD