Funding you earn now, next payment 01:00 UTC+0.0023%/8h= +2.5% APRpaid last 24h −0.009%
Price spread now: Lighter against MEXC+0.119%7-day average −0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$6as in the Price arb table
costs, in and out, $10k−$220.218% of the position
Funding, last 7 days−0.162%−$16 on $10k
+Price spread, last 4 days (all we have)−0.162%−$16 · spread now +0.119%, 7d avg −0.043%
=Together, before fees−0.324%+ Points / potential airdropLighter: Season 3 · farm board−$32 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.162% dearer against MEXC than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.043%. Mind the row above: over the last 7 days funding on this pair cost −0.162%, 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 | MEXC HBAR_USDT | 0.09230 | 0.0073 | pay 0.0073% / 8h | 7h 00m | $26.7M | $22.6M | 200x |
| Short | Lighter HBAR | 0.09241 | 0.0096 | get 0.0012% / 1h | 0m 47s | $566K | $554K | 5x |
MEXC HBAR_USDT
Lighter HBARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against MEXC. 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
- $4.83
- Price spread: +0.119% → −0.043%
- $16.21
- Slippage, 4 orders
- −$21.77
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$0.72
- Costs to cover
- 0.218%
- Break-even
- 8.0 days
Slippage from MEXC: live order book, 3 min ago; Lighter: live order book, 65 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 MEXC live order book, 3 min ago | 0.54 bp | 3.2 bp −$3 | 11.4 bp −$114 | 33.9 bp −$3,389 | 113.5 bp −$56.7K |
| Sell Lighter live order book, 65 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 HBARUSDTM | −0.0073% | 8h | 0.09233 | +0.033% | $7.3M | $7.4M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09244 | +0.155% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09245 | +0.163% | $509K | $152K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09245 | +0.161% | $8K | — | 150x | as long as short |
| ApeX Omni HBARUSDT | +0.0023% | 1h | 0.09277 | +0.509% | $148K | $723K | 50x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09267 | +0.401% | $1K | $106K | 12x | as long as short |
| Gate HBAR_USDT | +0.0047% | 8h | 0.09237 | +0.076% | $2.4M | $3.4M | 75x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0056% | 1h | 0.09247 | +0.184% | $225K | $2.1M | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0058% | 1h | 0.09241 | +0.117% | $1.4M | $2.3M | 50x | as long as short |
| Variational Omni HBAR | +0.0061% | 8h | 0.09237 | +0.075% | $1.0M | $187K | — | as long as short |
KuCoin HBARUSDTM
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
ApeX Omni HBARUSDT
Injective HBAR/USDC PERP
Gate HBAR_USDT
Coinbase International HBAR-PERP-INTX
Kraken Futures PF_HBARUSD
Variational Omni HBARShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended HBAR-USD | +0.0072% | 1h | 0.09229 | −0.009% | $53K | $275K | 10x | as long as short |
| Binance HBARUSDT | +0.0073% | 8h | 0.09231 | +0.015% | $34.7M | $104.7M | 75x | as long as short |
| MEXC HBAR_USDTlong | +0.0073% | 8h | 0.09230 | long leg | $26.7M | $22.6M | 200x | |
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09239 | +0.098% | $2K | $17K | 10x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0079% | 8h | 0.09308 | +0.845% | $374K | $2.2M | 10x | as long as short |
| Lighter HBARshort | +0.0096% | 1h | 0.09241 | +0.119% | $566K | $554K | 5x | |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09249 | +0.209% | $8.9M | $2.7M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09238 | +0.089% | $211K | $358K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09231 | +0.011% | $33.0M | $35.0M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09232 | +0.022% | $6.8M | $24.5M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09238 | +0.087% | $17.1M | $14.7M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09238 | +0.087% | — | $6.2M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09234 | +0.043% | $33K | $109K | 15x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09235 | +0.054% | $429 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09260 | +0.325% | $73K | $61K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09241 | +0.119% | $2.2M | $2.1M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0194% | 8h | 0.09235 | +0.054% | $1.5M | $5.4M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0494% / S −0.0562% | 1h | 0.09244 | +0.153% | $117K | — | 100x | as long as short |
Extended HBAR-USD
Binance HBARUSDT
Orderly PERP_HBAR_USDC
GRVT HBAR_USDT_Perp
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDT
Backpack HBAR_USDC_PERP
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]