Funding you earn now, next payment 05:00 UTC+0.0216%/8h= +23.7% APRpaid last 24h +0.029%
Price spread now: Lighter against GRVT+0.143%7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs+$7as in the Funding arb table
Net, price: spread back to 7d avg − costs−$3as in the Price arb table
costs, in and out, $10k−$200.203% of the position
Funding, last 7 days+0.269%+$27 on $10k
+Price spread, last 7 days−0.098%−$10 · spread now +0.143%, 7d avg −0.033%
=Together, before fees+0.171%+ Points / potential airdropGRVT: Active · Lighter: Season 3 · farm board+$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Lighter is 0.175% dearer against GRVT than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of −0.033%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT HOOD_USDT_Perp | 121.19 | 0 | get 0.0000% / 8h | 3h 47m | $858K | $2.0M | 10x |
| Short | Lighter HOOD | 121.36 | 0.0216 | get 0.0027% / 1h | 47m 28s | $2.8M | $3.1M | 10x |
GRVT HOOD_USDT_Perp
Lighter HOODFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against GRVT. 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
- $45.36
- Price spread: +0.143% → −0.033%
- $17.53
- Slippage, 4 orders
- −$11.28
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $42.61
- Costs to cover
- 0.203%
- Break-even
- 0.4 days
Slippage from GRVT: live order book, 6 min ago; Lighter: live order book, 5 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 GRVT live order book, 6 min ago | 0.41 bp | 9.4 bp −$9 | 17.9 bp −$179 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 5 min ago | 0.91 bp | 1.2 bp −$1 | 3.8 bp −$38 | 313.1 bp −$31.3K | 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 | 121.21 | +0.021% | $58K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0093% | 8h | 121.39 | +0.169% | $575K | $7.7M | 50x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.33 | +0.123% | $106K | $280K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.32 | +0.108% | $357K | $1.4M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.35 | +0.136% | $20.8M | $91.1M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.33 | +0.120% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.33 | +0.120% | $2.7M | $6.0M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.35 | +0.138% | $390K | $1.4M | 10x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 121.43 | +0.202% | $5.4M | $9.6M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.29 | +0.090% | $2.3M | $1.1M | — | as long as short |
Injective HOOD/USDC PERP
Gate HOOD_USDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Bitget HOODUSDT
Variational Omni HOODShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT HOOD_USDT_Perplong | 0.0000% | 8h | 121.19 | long leg | $858K | $2.0M | 10x | |
| Phemex HOODUSDT | 0.0000% | 8h | 121.29 | +0.087% | $992K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0016% | 1h | 121.15 | −0.029% | — | $63K | 25x | as long as short |
| QFEX HOOD-USD | +0.0022% | 1h | 121.30 | +0.095% | $1.3M | $3.4M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0037% | 1h | 121.16 | −0.021% | $251K | $344K | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.24 | +0.045% | $1.1M | $1.7M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.28 | +0.078% | $51.6M | $28.3M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.21 | +0.021% | $732 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.17 | −0.013% | $1.2M | $1.5M | 15x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.32 | +0.112% | $68K | $109K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.37 | +0.153% | $1.3M | $1.2M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.09 | −0.079% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.32 | +0.111% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.27 | +0.072% | $16K | — | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0120% | 1h | 121.10 | −0.070% | $193K | $1.9M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 121.24 | +0.045% | $174K | $160K | 20x | as long as short |
| Phoenix HOOD | +0.0132% | 1h | 121.24 | +0.045% | $27K | $238K | 10x | as long as short |
| Lighter HOODshort | +0.0216% | 1h | 121.36 | +0.143% | $2.8M | $3.1M | 10x | |
| Deribit HOOD_USDC-PERPETUAL | +0.0327% | 1h | 121.31 | +0.103% | $6K | $57K | 10x | as long as short |
| edgeX HOODUSDC | +0.0570% | 4h | 121.19 | +0.003% | $365K | $305K | 10x | as long as short |
Phemex HOODUSDT
Vest HOOD-USD-PERP
QFEX HOOD-USD
Polymarket Perps HOOD-USD
Arcus HOOD-USD
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
Coinbase International HOOD-PERP-INTX
BloFin HOOD-USDT
Phoenix HOOD
Deribit HOOD_USDC-PERPETUAL
edgeX HOODUSDC