Funding you earn now, next payment 00:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h −0.070%
Price spread now: Lighter against Deribit−0.013%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), 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 | Deribit HOOD_USDC-PERPETUAL | 122.92 | 0 | get 0.0000% / 1h | 19m 05s | $8K | $70K | 10x |
| Short | Lighter HOOD | 122.90 | 0.0032 | get 0.0004% / 1h | 19m 05s | $2.9M | $2.2M | 10x |
Deribit HOOD_USDC-PERPETUAL
Lighter HOODFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Deribit. 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: −0.013% → 0.000%
- −$1.3
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$1.58
- Costs to cover
- 0.070%
- Break-even
- 8.6 days
Slippage unknown: Deribit: no order-book sample; Lighter: live order book, 3 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 3 min ago | 1.42 bp | 1.7 bp −$2 | 5.1 bp −$51 | 391.6 bp −$39.2K | doesn't fit |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0034% | 1h | 122.75 | −0.138% | $270K | $332K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 122.91 | −0.007% | $109K | $263K | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 122.91 | −0.008% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.92 | 0.000% | $2.9M | $5.9M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 122.88 | −0.034% | $384K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.89 | −0.024% | $567K | $7.8M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.92 | 0.000% | $5.5M | $9.6M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 122.84 | −0.066% | $2.4M | $1.1M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 122.90 | −0.018% | $868K | $2.0M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUALlong | 0.0000% | 1h | 122.92 | long leg | $8K | $70K | 10x |
Polymarket Perps HOOD-USD
Aster HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Bitget HOODUSDT
Variational Omni HOOD
GRVT HOOD_USDT_PerpShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex HOODUSDT | 0.0000% | 8h | 122.90 | −0.016% | $1.0M | $8K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0008% | 1h | 122.89 | −0.024% | $63K | $50K | 30x | as long as short |
| Extended HOOD_24_5-USD | +0.0008% | 1h | 122.88 | −0.029% | $411K | $1.1M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0008% | 1h | 122.84 | −0.065% | $199K | $1.9M | 10x | as long as short |
| Binance HOODUSDT | +0.0010% | 8h | 122.91 | −0.006% | $22.0M | $88.6M | 20x | as long as short |
| QFEX HOOD-USD | +0.0027% | 1h | 122.88 | −0.033% | $1.3M | $4.3M | 10x | as long as short |
| Lighter HOODshort | +0.0032% | 1h | 122.90 | −0.013% | $2.9M | $2.2M | 10x | |
| Arcus HOOD-USD | +0.0040% | 1h | 122.81 | −0.089% | $1.1M | $1.7M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0041% | 8h | 122.86 | −0.049% | $183K | $125K | 20x | as long as short |
| Vest HOOD-USD-PERP | +0.0043% | 1h | 122.80 | −0.098% | — | $63K | 25x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.88 | −0.030% | $738 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.84 | −0.065% | $1.2M | $1.7M | 15x | as long as short |
| tradeXYZ xyz:HOOD | +0.0061% | 1h | 122.91 | −0.008% | $52.7M | $29.7M | 10x | as long as short |
| edgeX HOODUSDC | +0.0083% | 4h | 122.89 | −0.023% | $370K | $308K | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.86 | −0.048% | $71K | $114K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.88 | −0.033% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.84 | −0.065% | $5K | $132K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.90 | −0.016% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.89 | −0.023% | $16K | — | 10x | as long as short |
| Phoenix HOOD | +0.0196% | 1h | 122.95 | +0.024% | $28K | $239K | 10x | as long as short |
Phemex HOODUSDT
Injective HOOD/USDC PERP
Extended HOOD_24_5-USD
Coinbase International HOOD-PERP-INTX
Binance HOODUSDT
QFEX HOOD-USD
Arcus HOOD-USD
BloFin HOOD-USDT
Vest HOOD-USD-PERP
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
tradeXYZ xyz:HOOD
edgeX HOODUSDC
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
Phoenix HOOD