HOOD

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0028%/8h= +3.0% APRnext payment +$0.03 per $10,000 · paid last 24h +0.039%

Price spread now: Lighter against Injective−0.204%96s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.573%+$57 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. Lighter is 0.204% cheaper against Injective than usual: you would sell low and buy high (spread −0.204% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$20 on $10k: about 24 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.573% in total) that is about 2.5 days. The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective HOOD/USDC PERP	123.73	0.0004	pay 0.0001% / 1h	59m 22s	$63K	$50K	30x
Short	Lighter HOOD	123.48	0.0032	get 0.0004% / 1h	59m 22s	$3.0M	$2.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Injective. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee LighterbpOrdersPrice spread, now −0.204%Rate

Funding earned: $5.84
Price spread: −0.204% → 0.000%: −$20.37
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Lighter: 0 bp × 2 orders: $0
Net: −$14.55
Costs to cover: 0.000%
Break-even: 24.4 days

Slippage unknown: Injective: 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 Injective no order-book sample	—	—	—	—	—
Sell Lighter live order book, 3 min ago	0.04 bp	0.0 bp $0	6.3 bp −$63	444.8 bp −$44.5K	doesn't fit

Injective: 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
Aster HOODUSDT	0.0000%	8h	123.61	−0.094%	$110K	$262K	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	123.47	−0.210%	$4.0M	$8.7M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	123.56	−0.137%	$3.0M	$5.7M	20x	as long as short
RISEx HOOD/USDC	0.0000%	1h	123.57	−0.129%	$416K	$1.4M	10x	as long as short
Gate HOOD_USDT	0.0000%	8h	123.54	−0.154%	$554K	$7.7M	50x	as long as short
Phemex HOODUSDT	0.0000%	8h	123.58	−0.121%	$1.0M	$8K	10x	as long as short
Bitget HOODUSDT	+0.0004%	8h	123.56	−0.137%	$5.7M	$9.2M	20x	as long as short
Injective HOOD/USDC PERPlong	+0.0004%	1h	123.73	long leg	$63K	$50K	30x
Variational Omni HOOD	+0.0019%	8h	123.61	−0.096%	$2.4M	$1.0M	—	as long as short
Lighter HOODshort	+0.0032%	1h	123.48	−0.204%	$3.0M	$2.0M	10x

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest HOOD-USD-PERP	+0.0046%	1h	123.42	−0.251%	—	$63K	25x	as long as short
Polymarket Perps HOOD-USD	+0.0050%	1h	123.38	−0.283%	$263K	$320K	10x	as long as short
SoDEX HOOD-USD	+0.0050%	1h	123.56	−0.137%	$744	$3K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	123.51	−0.178%	$1.4M	$1.3M	15x	as long as short
QFEX HOOD-USD	+0.0061%	1h	123.55	−0.145%	$1.3M	$4.1M	10x	as long as short
GRVT HOOD_USDT_Perp	+0.0093%	8h	123.60	−0.105%	$870K	$2.2M	10x	as long as short
Pacifica HOOD	+0.0100%	1h	123.52	−0.173%	$80K	$110K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	123.59	−0.113%	$1.3M	$1.1M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	123.49	−0.194%	$45K	$233K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	123.55	−0.145%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	123.59	−0.114%	$16K	—	10x	as long as short
Extended HOOD_24_5-USD	+0.0136%	1h	123.56	−0.135%	$419K	$1.2M	10x	as long as short
Binance HOODUSDT	+0.0139%	8h	123.54	−0.154%	$23.8M	$84.3M	20x	as long as short
Arcus HOOD-USD	+0.0187%	1h	123.50	−0.186%	$1.1M	$1.7M	10x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0192%	1h	123.41	−0.259%	$196K	$1.8M	10x	as long as short
BloFin HOOD-USDT	+0.0259%	8h	123.57	−0.129%	$188K	$123K	20x	as long as short
tradeXYZ xyz:HOOD	+0.0296%	1h	123.52	−0.170%	$53.1M	$30.0M	10x	as long as short
Phoenix HOOD	+0.0323%	1h	123.58	−0.121%	$28K	$188K	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	+0.0722%	1h	123.61	−0.097%	$6K	$84K	10x	as long as short
edgeX HOODUSDC	+0.0931%	4h	123.61	−0.096%	$372K	$308K	10x	as long as short