Funding you earn now, next payment 04:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.031%
Price spread now: Lighter against Bybit−0.014%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs$0as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$260.262% of the position
Funding, last 7 days+0.263%+$26 on $10k
+Price spread, last 7 days+0.095%+$10 · spread now −0.014%, 7d avg −0.015%
=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 −0.015%, 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 | Bybit HOODUSDT | 121.52 | 0 | get 0.0000% / 8h | 4h 15m | $3.9M | $8.7M | 25x |
| Short | Lighter HOOD | 121.50 | 0.0032 | get 0.0004% / 1h | 15m 46s | $2.8M | $3.1M | 10x |
Bybit HOODUSDT
Lighter HOODFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bybit. 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: −0.014% → −0.015%
- $0.07
- Slippage, 4 orders
- −$15.2
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$19.41
- Costs to cover
- 0.262%
- Break-even
- 27.2 days
Slippage from Bybit: live order book, 2 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 Bybit live order book, 2 min ago | 1.64 bp | 12.2 bp −$12 | 34.0 bp −$340 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 7 min ago | 1.23 bp | 1.4 bp −$1 | 3.3 bp −$33 | 299.3 bp −$29.9K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective HOOD/USDC PERP | −0.0440% | 1h | 121.28 | −0.197% | $58K | $57K | 30x | as long as short |
| Polymarket Perps HOOD-USD | −0.0111% | 1h | 121.33 | −0.156% | $252K | $344K | 10x | as long as short |
| Gate HOOD_USDT | −0.0055% | 8h | 121.53 | +0.008% | $577K | $7.8M | 50x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.57 | +0.037% | $106K | $280K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.49 | −0.026% | $358K | $1.3M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.53 | +0.005% | $20.9M | $90.9M | 20x | as long as short |
| Bybit HOODUSDTlong | 0.0000% | 8h | 121.52 | long leg | $3.9M | $8.7M | 25x | |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.52 | 0.000% | $2.7M | $6.0M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.57 | +0.041% | $398K | $1.4M | 10x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 121.54 | +0.016% | $5.4M | $9.6M | 20x | as long as short |
Injective HOOD/USDC PERP
Polymarket Perps HOOD-USD
Gate HOOD_USDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Bitget HOODUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni HOOD | 0.0000% | 8h | 121.51 | −0.005% | $2.3M | $1.1M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 121.53 | +0.008% | $858K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.53 | +0.008% | $994K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0018% | 1h | 121.32 | −0.165% | — | $63K | 25x | as long as short |
| QFEX HOOD-USD | +0.0029% | 1h | 121.48 | −0.033% | $1.3M | $3.6M | 10x | as long as short |
| Lighter HOODshort | +0.0032% | 1h | 121.50 | −0.014% | $2.8M | $3.1M | 10x | |
| Arcus HOOD-USD | +0.0040% | 1h | 121.44 | −0.066% | $1.1M | $1.7M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.44 | −0.066% | $51.7M | $28.3M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.50 | −0.016% | $734 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.44 | −0.066% | $1.2M | $1.5M | 15x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0096% | 1h | 121.10 | −0.346% | $193K | $1.9M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.48 | −0.029% | $68K | $105K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.58 | +0.049% | $1.3M | $1.2M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.52 | 0.000% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.55 | +0.025% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.49 | −0.024% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 121.44 | −0.066% | $175K | $162K | 20x | as long as short |
| Phoenix HOOD | +0.0132% | 1h | 121.41 | −0.091% | $28K | $238K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0162% | 1h | 121.54 | +0.016% | $6K | $56K | 10x | as long as short |
| edgeX HOODUSDC | +0.0422% | 4h | 121.54 | +0.019% | $366K | $305K | 10x | as long as short |
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Vest HOOD-USD-PERP
QFEX HOOD-USD
Arcus HOOD-USD
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Coinbase International HOOD-PERP-INTX
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
BloFin HOOD-USDT
Phoenix HOOD
Deribit HOOD_USDC-PERPETUAL
edgeX HOODUSDC