Funding you earn now, next payment 12:00 UTC−0.0231%/8h= −25.2% APRpaid last 24h −0.029%
Price spread now: Lighter against BloFin−0.039%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$290.285% of the position
Funding, last 7 days−0.060%−$6 on $10k
+Price spread, last 4 days (all we have)−0.017%−$2 · spread now −0.039%, 7d avg −0.023%
=Together, before fees−0.077%+ Points / potential airdropLighter: Season 3 · farm board−$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.023%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.060% in total (about -3.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin HOOD-USDT | 122.23 | 0.0319 | pay 0.0319% / 8h | 4h 47m | $177K | $178K | 20x |
| Short | Lighter HOOD | 122.18 | 0.0088 | get 0.0011% / 1h | 47m 12s | $2.8M | $2.9M | 10x |
BloFin HOOD-USDT
Lighter HOODFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BloFin. 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
- −$48.41
- Price spread: −0.039% → −0.023%
- −$1.58
- Slippage, 4 orders
- −$16.52
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$78.52
- Costs to cover
- 0.285%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 50 min ago; Lighter: live order book, 3 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 BloFin live order book, 50 min ago | 0.82 bp | 9.6 bp −$10 | 16.9 bp −$169 | 37.7 bp −$3,772 | doesn't fit |
| Sell Lighter live order book, 3 min ago | 2.99 bp | 3.1 bp −$3 | 10.2 bp −$102 | doesn't fit | doesn't fit |
HOOD on 30 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HOODUSDT | 0.0000% | 8h | 122.26 | +0.023% | $110K | $285K | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 122.19 | −0.033% | $3.7M | $7.2M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.13 | −0.082% | $2.7M | $5.7M | 20x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.28 | +0.041% | $567K | $6.6M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.27 | +0.033% | $5.6M | $9.0M | 20x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 122.24 | +0.008% | $1.0M | $8K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0033% | 1h | 121.69 | −0.442% | $28K | $96K | 30x | as long as short |
| QFEX HOOD-USD | +0.0046% | 1h | 122.22 | −0.008% | $1.3M | $2.7M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0046% | 1h | 122.09 | −0.115% | — | $64K | 25x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 122.14 | −0.074% | $253K | $339K | 10x | as long as short |
Aster HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Gate HOOD_USDT
Bitget HOODUSDT
Phemex HOODUSDT
Injective HOOD/USDC PERP
QFEX HOOD-USD
Vest HOOD-USD-PERP
Polymarket Perps HOOD-USDShow all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX HOOD-USD | +0.0050% | 1h | 122.16 | −0.059% | $723 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.27 | +0.033% | $1.3M | $1.2M | 15x | as long as short |
| Lighter HOODshort | +0.0088% | 1h | 122.18 | −0.039% | $2.8M | $2.9M | 10x | |
| Variational Omni HOOD | +0.0090% | 8h | 122.43 | +0.166% | $2.3M | $867K | — | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.18 | −0.038% | $73K | $116K | 10x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.06 | −0.139% | $5K | $29K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.22 | −0.008% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.87 | −0.295% | $16K | — | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0118% | 1h | 122.10 | −0.106% | $51.6M | $24.5M | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0120% | 8h | 122.33 | +0.082% | $1.7M | $1.5M | 20x | as long as short |
| Arcus HOOD-USD | +0.0160% | 1h | 122.21 | −0.016% | $1.1M | $1.9M | 10x | as long as short |
| GRVT HOOD_USDT_Perp | +0.0165% | 8h | 122.02 | −0.171% | $861K | $1.7M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0184% | 1h | 122.40 | +0.139% | $232K | $1.5M | 10x | as long as short |
| Extended HOOD_24_5-USD | +0.0192% | 1h | 122.22 | −0.012% | $467K | $2.6M | 10x | as long as short |
| Binance HOODUSDT | +0.0194% | 8h | 122.27 | +0.030% | $21.2M | $87.0M | 20x | as long as short |
| Phoenix HOOD | +0.0261% | 1h | 122.36 | +0.106% | $28K | $241K | 10x | as long as short |
| edgeX HOODUSDC | +0.0312% | 4h | 122.11 | −0.100% | $367K | $303K | 10x | as long as short |
| BloFin HOOD-USDTlong | +0.0319% | 8h | 122.23 | long leg | $177K | $178K | 20x | |
| Deribit HOOD_USDC-PERPETUAL | +0.0405% | 1h | 122.21 | −0.016% | $6K | $29K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0809% | 1h | 122.41 | +0.145% | $455K | $1.4M | 10x | as long as short |
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Variational Omni HOOD
Pacifica HOOD
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
tradeXYZ xyz:HOOD
KuCoin HOODUSDTM
Arcus HOOD-USD
GRVT HOOD_USDT_Perp
Coinbase International HOOD-PERP-INTX
Extended HOOD_24_5-USD
Binance HOODUSDT
Phoenix HOOD
edgeX HOODUSDC
Deribit HOOD_USDC-PERPETUAL
RISEx HOOD/USDC