Funding you earn now, next payment 23:00 UTC−0.0094%/8h= −10.3% APRpaid last 24h −0.065%
Price spread now: Lighter against edgeX+0.103%7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$270.273% of the position
Funding, last 7 days−0.021%−$2 on $10k
+Price spread, last 3 days (all we have)−0.177%−$18 · spread now +0.103%, 7d avg −0.015%
=Together, before fees−0.198%+ Points / potential airdropedgeX: Active · Lighter: Season 3 · farm board−$20 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.118% dearer against edgeX than usual: you sell high and buy low (spread +0.103% now, against its 7-day average of −0.015%): +$12 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.2 days. At the pace of the last 7 days (−0.021% in total) that is about 38 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX HOODUSDC | 122.33 | 0.0126 | pay 0.0063% / 4h | 1h 05m | $368K | $307K | 10x |
| Short | Lighter HOOD | 122.45 | 0.0032 | get 0.0004% / 1h | 5m 24s | $2.9M | $2.2M | 10x |
edgeX HOODUSDC
Lighter HOODFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against edgeX. 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
- −$19.69
- Price spread: +0.103% → −0.015%
- $11.76
- Slippage, 4 orders
- −$18.32
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$35.25
- Costs to cover
- 0.273%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 13 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 edgeX live order book, 13 min ago | 6.09 bp | 11.1 bp −$11 | 20.7 bp −$207 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 7 min ago | 1.10 bp | 2.2 bp −$2 | 6.3 bp −$63 | 297.6 bp −$29.8K | 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 | −0.0143% | 1h | 122.34 | +0.012% | $269K | $332K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 122.44 | +0.095% | $108K | $263K | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 122.50 | +0.143% | $3.9M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.53 | +0.167% | $2.9M | $5.9M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 122.45 | +0.102% | $393K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.48 | +0.127% | $569K | $7.9M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.53 | +0.167% | $5.6M | $9.6M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 122.39 | +0.052% | $2.3M | $1.0M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 122.44 | +0.091% | $857K | $2.0M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 122.47 | +0.118% | $8K | $81K | 10x | as long as short |
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_Perp
Deribit HOOD_USDC-PERPETUALShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex HOODUSDT | 0.0000% | 8h | 122.46 | +0.110% | $1.0M | $8K | 10x | as long as short |
| Lighter HOODshort | +0.0032% | 1h | 122.45 | +0.103% | $2.9M | $2.2M | 10x | |
| Binance HOODUSDT | +0.0039% | 8h | 122.54 | +0.172% | $22.1M | $88.0M | 20x | as long as short |
| Extended HOOD_24_5-USD | +0.0040% | 1h | 122.45 | +0.099% | $411K | $1.2M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0046% | 1h | 122.42 | +0.078% | — | $63K | 25x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.42 | +0.081% | $735 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.46 | +0.110% | $1.2M | $1.6M | 15x | as long as short |
| QFEX HOOD-USD | +0.0057% | 1h | 122.49 | +0.135% | $1.3M | $4.1M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0080% | 1h | 122.43 | +0.086% | $198K | $1.9M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.45 | +0.100% | $71K | $114K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.52 | +0.159% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.47 | +0.118% | $5K | $135K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.48 | +0.127% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.45 | +0.102% | $16K | — | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0105% | 1h | 122.49 | +0.135% | $52.5M | $29.8M | 10x | as long as short |
| edgeX HOODUSDClong | +0.0126% | 4h | 122.33 | long leg | $368K | $307K | 10x | |
| BloFin HOOD-USDT | +0.0167% | 8h | 122.40 | +0.061% | $183K | $123K | 20x | as long as short |
| Arcus HOOD-USD | +0.0187% | 1h | 122.33 | +0.004% | $1.1M | $1.7M | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0258% | 1h | 123.07 | +0.609% | $63K | $50K | 30x | as long as short |
| Phoenix HOOD | +0.0388% | 1h | 122.44 | +0.094% | $28K | $188K | 10x | as long as short |
Phemex HOODUSDT
Binance HOODUSDT
Extended HOOD_24_5-USD
Vest HOOD-USD-PERP
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
QFEX HOOD-USD
Coinbase International HOOD-PERP-INTX
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
tradeXYZ xyz:HOOD
BloFin HOOD-USDT
Arcus HOOD-USD
Injective HOOD/USDC PERP
Phoenix HOOD