Spread before costs (cost unknown: a leg has no order-book sample)+0.193%
7d average+0.156%if it closes, per $10,000$19funding while held, a day+$0.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter HBAR | 0.09139 | 0.0096 | pay 0.0012% / 1h | 0m 23s | $562K | $704K | 5x |
| Short | Hyperliquid HBAR | 0.09157 | 0.0100 | get 0.0013% / 1h | 0m 23s | $8.8M | $3.7M | 5x |
Lighter HBAR
Hyperliquid HBARPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $19.26
- Funding while held
- $0.12
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $10.38
- Spread needed to break even
- 0.090%
Slippage unknown: Lighter: live order book, 51 min ago; Hyperliquid: live order book, 3 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0004%
- Per $10,000 a day
- +$0.12
- Average in range /8h
- —
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, 51 min ago | 2.22 bp | 6.8 bp −$7 | 55.7 bp −$557 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 3 min ago | 0.87 bp | 10.2 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
HBAR price on every exchange
against the cheapest. Click to use as the short leg.Injective0.09058cheapestAster0.09130+0.791%Orderly0.09130+0.795%SoDEX0.09131+0.806%Extended0.09133+0.829%KuCoin0.09134+0.839%Phemex0.09134+0.839%Bybit0.09135+0.850%Backpack0.09136+0.861%Gate0.09137+0.872%BingX0.09137+0.872%Coinbase International0.09137+0.872%Deribit0.09138+0.883%gTrade (Gains Network)0.09139+0.893%
Injective
Aster
Orderly
SoDEX
Extended
KuCoin
Phemex
Bybit
Backpack
Gate
BingX
Coinbase International
Deribit
gTrade (Gains Network)Lighter0.09139+0.894%
Binance0.09139+0.898%MEXC0.09140+0.905%GMX0.09141+0.912%OKX0.09141+0.916%Bitget0.09141+0.916%Variational Omni0.09141+0.917%Kraken Futures0.09142+0.931%dYdX0.09143+0.933%BloFin0.09143+0.938%ApeX Omni0.09152+1.038%HTX0.09153+1.049%
Binance
MEXC
GMX
OKX
Bitget
Variational Omni
Kraken Futures
dYdX
BloFin
ApeX Omni
HTXHyperliquid0.09157+1.089%
HBAR on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective HBAR/USDC PERP | −0.886% | −0.0161% | 1h | $7K | $150K | 12x | as long as short |
| Aster HBARUSDT | −0.103% | +0.0100% | 8h | $243K | $689K | 50x | as long as short |
| Orderly PERP_HBAR_USDC | −0.098% | +0.0051% | 8h | $5K | $22K | 10x | as long as short |
| SoDEX HBAR-USD | −0.088% | +0.0100% | 1h | $424 | $6K | 5x | as long as short |
| Extended HBAR-USD | −0.064% | 0.0000% | 1h | $50K | $220K | 10x | as long as short |
| KuCoin HBARUSDTM | −0.055% | +0.0092% | 8h | $7.6M | $9.1M | 75x | as long as short |
| Phemex HBARUSDT | −0.055% | +0.0100% | 8h | $2.2M | $2.3M | 50x | as long as short |
| Bybit HBARUSDT | −0.044% | +0.0100% | 8h | $33.1M | $47.7M | 75x | as long as short |
| Backpack HBAR_USDC_PERP | −0.033% | +0.0100% | 1h | $30K | $153K | 15x | as long as short |
| Gate HBAR_USDT | −0.022% | +0.0080% | 8h | $2.5M | $4.4M | 75x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX HBAR-USDC | −0.022% | −0.0003% | 8h | — | $6.6M | — | as long as short |
| Coinbase International HBAR-PERP-INTX | −0.022% | +0.0064% | 1h | $197K | $3.7M | 50x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | −0.011% | 0.0000% | 1h | $494K | $173K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | −0.001% | L +0.0007% / S −0.0008% | 1h | $23K | — | 150x | as long as short |
| Lighter HBARlong | 0.000% | +0.0096% | 1h | $562K | $704K | 5x | |
| Binance HBARUSDT | +0.004% | −0.0004% | 8h | $36.2M | $135.2M | 75x | as long as short |
| MEXC HBAR_USDT | +0.011% | −0.0003% | 8h | $29.0M | $27.8M | 200x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | +0.018% | L +0.0431% / S −0.0447% | 1h | $100K | — | 100x | as long as short |
| OKX HBAR-USDT-SWAP | +0.022% | +0.0100% | 8h | $7.1M | $34.8M | 50x | as long as short |
| Bitget HBARUSDT | +0.022% | +0.0100% | 8h | $17.2M | $17.1M | 75x | as long as short |
| Variational Omni HBAR | +0.023% | −0.0092% | 8h | $1.0M | $289K | — | as long as short |
| Kraken Futures PF_HBARUSD | +0.037% | +0.0635% | 1h | $1.4M | $3.2M | 50x | as long as short |
| dYdX HBAR-USD | +0.039% | 0.0000% | 1h | $30K | $11K | 5x | as long as short |
| BloFin HBAR-USDT | +0.044% | +0.0116% | 8h | $1.6M | $12.5M | 90x | as long as short |
| ApeX Omni HBARUSDT | +0.142% | +0.0100% | 1h | $170K | $729K | 50x | as long as short |
| HTX HBAR-USDT | +0.153% | +0.0100% | 8h | $73K | $53K | 20x | as long as short |
| Hyperliquid HBARshort | +0.193% | +0.0100% | 1h | $8.8M | $3.7M | 5x |