Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h −0.036%
Price spread now: Hyperliquid against Lighter−0.099%7-day average −0.116% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.104%−$10 on $10k
+Price spread, last 4 days (all we have)+0.038%+$4 · spread now −0.099%, 7d avg −0.116%
=Together, before fees−0.066%+ Points / potential airdropLighter: Season 3 · Hyperliquid: Season 2 · farm board−$7 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter MET | 0.2729 | 0.0096 | pay 0.0012% / 1h | 54m 53s | $168K | $435K | 5x |
| Short | Hyperliquid MET | 0.2726 | 0.0100 | get 0.0013% / 1h | 54m 53s | $3.6M | $1.9M | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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: −0.099% → −0.116%
- $1.75
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$6.41
- Costs to cover
- 0.090%
- Break-even
- 60.4 days
Slippage unknown: Lighter: live order book, 25 min ago; Hyperliquid: live order book, 7 min ago. Net counts fees only.
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, 25 min ago | 15.06 bp | 113.6 bp −$114 | 215.3 bp −$2,153 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 7 min ago | 2.57 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
MET on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit METUSDT | −0.1324% | 4h | 0.2726 | −0.128% | $4.7M | $3.2M | 25x | as long as short |
| GMX MET/USD [WBTC.b-USDC] | L −0.0738% / S +0.0214% | 1h | 0.2724 | −0.182% | $4K | — | 50x | as long as short |
| Phoenix MET | −0.0059% | 1h | 0.2725 | −0.161% | $13K | $14K | 5x | as long as short |
| Gate MET_USDT | +0.0012% | 4h | 0.2725 | −0.150% | $171K | $167K | 50x | as long as short |
| Lighter METlong | +0.0096% | 1h | 0.2729 | long leg | $168K | $435K | 5x | |
| Hyperliquid METshort | +0.0100% | 1h | 0.2726 | −0.099% | $3.6M | $1.9M | 3x | |
| Aster METUSDT | +0.0100% | 4h | 0.2729 | +0.013% | $51K | $11K | 5x | as long as short |
| Binance METUSDT | +0.0100% | 4h | 0.2729 | −0.004% | $4.5M | $12.6M | 50x | as long as short |
| OKX MET-USDT-SWAP | +0.0100% | 4h | 0.2731 | +0.070% | $1.2M | $3.2M | 20x | as long as short |
| MEXC MET_USDT | +0.0100% | 4h | 0.2727 | −0.077% | $838K | $288K | 20x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin METUSDTM | +0.0100% | 4h | 0.2725 | −0.150% | $1.3M | $2.7M | 50x | as long as short |
| Bitget METUSDT | +0.0100% | 4h | 0.2729 | −0.004% | $679K | $929K | 25x | as long as short |
| ApeX Omni METUSDT | +0.0100% | 1h | 0.2716 | −0.480% | $34K | $117K | 50x | as long as short |
| SunX MET-USDT | +0.0100% | 4h | 0.2723 | −0.224% | $2K | $1.6M | 20x | as long as short |
| BloFin MET-USDT | +0.0157% | 4h | 0.2731 | +0.070% | $273K | $90K | 50x | as long as short |
| Backpack MET_USDC_PERP | +0.0219% | 1h | 0.2726 | −0.114% | $311K | $249K | 5x | as long as short |
Lighter MET
Hyperliquid MET
Bybit METUSDT
GMX MET/USD [WBTC.b-USDC]
Phoenix MET
Gate MET_USDT
Aster METUSDT
Binance METUSDT
OKX MET-USDT-SWAP
MEXC MET_USDT
KuCoin METUSDTM
Bitget METUSDT
ApeX Omni METUSDT
SunX MET-USDT
BloFin MET-USDT
Backpack MET_USDC_PERP