Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.013%
Price spread now: Lighter against Phemex−0.064%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$690.685% of the position
Funding, last 7 days−0.232%−$23 on $10k
+Price spread, last 4 days (all we have)−0.001%$0 · spread now −0.064%, 7d avg −0.050%
=Together, before fees−0.233%+ Points / potential airdropLighter: Season 3 · farm board−$23 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex HBARUSDT | 0.09353 | 0.0100 | pay 0.0100% / 8h | 35m 13s | $2.4M | $2.3M | 50x |
| Short | Lighter HBAR | 0.09347 | 0.0096 | get 0.0012% / 1h | 35m 13s | $562K | $598K | 5x |
Phemex HBARUSDT
Lighter HBARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Phemex. 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: −0.064% → −0.050%
- −$1.38
- Slippage, 4 orders
- −$56.52
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$70.74
- Costs to cover
- 0.685%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 3 min ago; Lighter: live order book, 60 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 Phemex live order book, 3 min ago | 0.53 bp | 15.2 bp −$15 | 31.0 bp −$310 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 60 min ago | 4.86 bp | 23.3 bp −$23 | 91.1 bp −$911 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_HBARUSD | −0.0145% | 1h | 0.09357 | +0.042% | $1.3M | $3.0M | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0008% | 1h | 0.09347 | −0.059% | $10K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | −0.759% | $1K | $103K | 12x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0079% | 8h | 0.09343 | −0.107% | $2K | $12K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0080% | 1h | 0.09350 | −0.032% | $209K | $2.4M | 50x | as long as short |
| Lighter HBARshort | +0.0096% | 1h | 0.09347 | −0.064% | $562K | $598K | 5x | |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09365 | +0.125% | $8.7M | $3.6M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09357 | +0.046% | $201K | $325K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09354 | +0.011% | $34.5M | $111.4M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09357 | +0.043% | $32.0M | $35.6M | 75x | as long as short |
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 HBARUSDT
Bybit 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 | 0.09356 | +0.032% | $6.6M | $25.0M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09349 | −0.043% | $2.4M | $2.7M | 75x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09352 | −0.011% | $25.8M | $20.0M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09353 | 0.000% | $7.4M | $7.4M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09352 | −0.011% | $17.3M | $16.0M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09353 | 0.000% | — | $7.1M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09354 | +0.011% | $37K | $198K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09356 | +0.029% | $1.0M | $178K | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09364 | +0.118% | $380K | $3.2M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09360 | +0.075% | $152K | $702K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09350 | −0.032% | $434 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09360 | +0.075% | $71K | $70K | 20x | as long as short |
| Phemex HBARUSDTlong | +0.0100% | 8h | 0.09353 | long leg | $2.4M | $2.3M | 50x | |
| Extended HBAR-USD | +0.0104% | 1h | 0.09342 | −0.117% | $48K | $307K | 10x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0178% | 1h | 0.09355 | +0.021% | $515K | $178K | 50x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09351 | −0.021% | $1.5M | $5.7M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0360% / S −0.0259% | 1h | 0.09350 | −0.034% | $84K | — | 100x | as long as short |
| dYdX HBAR-USD | +0.1658% | 1h | 0.09356 | +0.033% | $30K | $8K | 5x | as long as short |
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
MEXC HBAR_USDT
KuCoin HBARUSDTM
Bitget HBARUSDT
BingX HBAR-USDT
Backpack HBAR_USDC_PERP
Variational Omni HBAR
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Extended HBAR-USD
Deribit HBAR_USDC-PERPETUAL
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]
dYdX HBAR-USD