Funding you earn now, next payment 10:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h +0.046%
Price spread now: Lighter against Gate−0.089%7-day average −0.026% · 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−$42as in the Price arb table
costs, in and out, $10k−$350.352% of the position
Funding, last 7 days+0.351%+$35 on $10k
+Price spread, last 7 days−0.049%−$5 · spread now −0.089%, 7d avg −0.026%
=Together, before fees+0.302%+ Points / potential airdropLighter: Season 3 · farm board+$30 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.063% cheaper against Gate than usual: you would sell low and buy high (spread −0.089% now, against its 7-day average of −0.026%). If the spread goes back, that is −$6 on $10k: about 42 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate HOOD_USDT | 121.89 | 0 | get 0.0000% / 8h | 6h 58m | $574K | $6.8M | 50x |
| Short | Lighter HOOD | 121.78 | 0.0120 | get 0.0015% / 1h | 58m 40s | $2.9M | $3.0M | 10x |
Gate HOOD_USDT
Lighter HOODFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Gate. 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
- $25.2
- Price spread: −0.089% → −0.026%
- −$6.32
- Slippage, 4 orders
- −$20.21
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$16.33
- Costs to cover
- 0.352%
- Break-even
- 11.5 days
Slippage from Gate: live order book, 5 min ago; Lighter: live order book, 4 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 Gate live order book, 5 min ago | 4.09 bp | 13.7 bp −$14 | 56.7 bp −$567 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 4 min ago | 2.46 bp | 2.5 bp −$2 | 5.1 bp −$51 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HOODUSDT | 0.0000% | 8h | 121.91 | +0.016% | $110K | $285K | 20x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.84 | −0.041% | $2.7M | $6.2M | 20x | as long as short |
| Gate HOOD_USDTlong | 0.0000% | 8h | 121.89 | long leg | $574K | $6.8M | 50x | |
| Bitget HOODUSDT | 0.0000% | 8h | 121.81 | −0.066% | $5.5M | $9.4M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.89 | +0.002% | $2.3M | $938K | — | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 121.95 | +0.049% | $6K | $50K | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.96 | +0.057% | $998K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0016% | 1h | 121.88 | −0.008% | — | $64K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.78 | −0.090% | $1.1M | $1.8M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.74 | −0.123% | $51.3M | $26.6M | 10x | as long as short |
Aster HOODUSDT
OKX HOOD-USDT-SWAP
Bitget HOODUSDT
Variational Omni HOOD
Deribit HOOD_USDC-PERPETUAL
Phemex HOODUSDT
Vest HOOD-USD-PERP
Arcus HOOD-USD
tradeXYZ xyz:HOODShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 121.86 | −0.025% | $254K | $336K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.94 | +0.037% | $733 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.82 | −0.057% | $1.3M | $1.3M | 15x | as long as short |
| Bybit HOODUSDT | +0.0057% | 8h | 121.87 | −0.016% | $3.7M | $7.9M | 25x | as long as short |
| QFEX HOOD-USD | +0.0062% | 1h | 121.88 | −0.008% | $1.3M | $2.8M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.82 | −0.061% | $75K | $108K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.80 | −0.074% | $1.3M | $1.4M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.84 | −0.041% | $5K | $30K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.99 | +0.082% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.95 | +0.049% | $16K | — | 10x | as long as short |
| Lighter HOODshort | +0.0120% | 1h | 121.78 | −0.089% | $2.9M | $3.0M | 10x | |
| Phoenix HOOD | +0.0133% | 1h | 121.99 | +0.082% | $28K | $231K | 10x | as long as short |
| Extended HOOD_24_5-USD | +0.0144% | 1h | 121.80 | −0.073% | $361K | $2.3M | 10x | as long as short |
| Binance HOODUSDT | +0.0149% | 8h | 121.88 | −0.008% | $21.2M | $89.1M | 20x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0176% | 1h | 121.91 | +0.016% | $232K | $1.8M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0261% | 8h | 122.13 | +0.197% | $173K | $179K | 20x | as long as short |
| Injective HOOD/USDC PERP | +0.0440% | 1h | 121.59 | −0.246% | $30K | $94K | 30x | as long as short |
| edgeX HOODUSDC | +0.0820% | 4h | 121.99 | +0.078% | $367K | $304K | 10x | as long as short |
| GRVT HOOD_USDT_Perp | +0.1023% | 8h | 121.98 | +0.077% | $853K | $1.8M | 10x | as long as short |
| RISEx HOOD/USDC | +0.1124% | 1h | 121.95 | +0.051% | $419K | $1.3M | 10x | as long as short |
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Bybit HOODUSDT
QFEX HOOD-USD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
Phoenix HOOD
Extended HOOD_24_5-USD
Binance HOODUSDT
Coinbase International HOOD-PERP-INTX
BloFin HOOD-USDT
Injective HOOD/USDC PERP
edgeX HOODUSDC
GRVT HOOD_USDT_Perp
RISEx HOOD/USDC