Funding you earn now, next payment 23:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.019%
Price spread now: Lighter against Bitget−0.054%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs+$5as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$250.252% of the position
Funding, last 7 days+0.303%+$30 on $10k
+Price spread, last 7 days+0.055%+$6 · spread now −0.054%, 7d avg −0.054%
=Together, before fees+0.358%+ Points / potential airdropLighter: Season 3 · farm board+$36 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.054%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget HOODUSDT | 123.28 | 0 | get 0.0000% / 8h | 1h 20m | $5.7M | $9.1M | 20x |
| Short | Lighter HOOD | 123.21 | 0.0032 | get 0.0004% / 1h | 20m 42s | $2.9M | $2.1M | 10x |
Bitget HOODUSDT
Lighter HOODFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bitget. 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
- $6.72
- Price spread: −0.054% → −0.054%
- $0.01
- Slippage, 4 orders
- −$13.18
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$18.45
- Costs to cover
- 0.252%
- Break-even
- 26.2 days
Slippage from Bitget: live order book, 3 min ago; Lighter: live order book, 7 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 Bitget live order book, 3 min ago | 2.03 bp | 12.4 bp −$12 | 23.8 bp −$238 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 7 min ago | 1.06 bp | 1.4 bp −$1 | 3.9 bp −$39 | 211.0 bp −$21.1K | doesn't fit |
HOOD on 30 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps HOOD-USD | −0.0084% | 1h | 123.12 | −0.130% | $263K | $322K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 123.29 | +0.011% | $109K | $262K | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 123.27 | −0.008% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 123.33 | +0.041% | $3.0M | $5.7M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 123.31 | +0.024% | $402K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 123.28 | 0.000% | $557K | $7.8M | 50x | as long as short |
| Bitget HOODUSDTlong | 0.0000% | 8h | 123.28 | long leg | $5.7M | $9.1M | 20x | |
| Variational Omni HOOD | 0.0000% | 8h | 123.18 | −0.077% | $2.4M | $1.0M | — | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 123.26 | −0.016% | $1.0M | $8K | 10x | as long as short |
| GRVT HOOD_USDT_Perp | +0.0020% | 8h | 123.26 | −0.016% | $867K | $2.1M | 10x | as long as short |
Polymarket Perps HOOD-USD
Aster HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Variational Omni HOOD
Phemex HOODUSDT
GRVT HOOD_USDT_PerpShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter HOODshort | +0.0032% | 1h | 123.21 | −0.054% | $2.9M | $2.1M | 10x | |
| Vest HOOD-USD-PERP | +0.0046% | 1h | 123.18 | −0.081% | — | $63K | 25x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 123.30 | +0.012% | $740 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 123.19 | −0.073% | $1.4M | $1.3M | 15x | as long as short |
| QFEX HOOD-USD | +0.0057% | 1h | 123.31 | +0.024% | $1.3M | $4.1M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0080% | 1h | 123.01 | −0.219% | $190K | $1.8M | 10x | as long as short |
| Extended HOOD_24_5-USD | +0.0088% | 1h | 123.29 | +0.005% | $417K | $1.2M | 10x | as long as short |
| Binance HOODUSDT | +0.0089% | 8h | 123.28 | 0.000% | $23.7M | $84.0M | 20x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 123.26 | −0.019% | $80K | $104K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 123.32 | +0.032% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 123.25 | −0.024% | $5K | $132K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 123.29 | +0.008% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 123.29 | +0.010% | $16K | — | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0150% | 1h | 123.26 | −0.016% | $53.0M | $29.5M | 10x | as long as short |
| Arcus HOOD-USD | +0.0187% | 1h | 123.24 | −0.032% | $1.1M | $1.7M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0211% | 8h | 123.28 | 0.000% | $187K | $123K | 20x | as long as short |
| Injective HOOD/USDC PERP | +0.0258% | 1h | 123.34 | +0.049% | $63K | $50K | 30x | as long as short |
| Phoenix HOOD | +0.0388% | 1h | 123.18 | −0.081% | $28K | $188K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0399% | 1h | 123.32 | +0.032% | $6K | $80K | 10x | as long as short |
| edgeX HOODUSDC | +0.0485% | 4h | 123.22 | −0.046% | $371K | $306K | 10x | as long as short |
Vest HOOD-USD-PERP
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
QFEX HOOD-USD
Coinbase International HOOD-PERP-INTX
Extended HOOD_24_5-USD
Binance HOODUSDT
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
tradeXYZ xyz:HOOD
Arcus HOOD-USD
BloFin HOOD-USDT
Injective HOOD/USDC PERP
Phoenix HOOD
Deribit HOOD_USDC-PERPETUAL
edgeX HOODUSDC