Funding you earn now, next payment 05:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h 0.000%
Price spread now: Lighter against KuCoin−0.074%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1051.049% of the position
Funding, last 7 days+0.290%+$29 on $10k
+Price spread, last 7 days+0.148%+$15 · spread now −0.074%, 7d avg −0.007%
=Together, before fees+0.438%+ Points / potential airdropLighter: Season 3 · farm board+$44 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.067% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.074% now, against its 7-day average of −0.007%). If the spread goes back, that is −$7 on $10k: about 2.2 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin HOODUSDTM | 121.32 | 0.0100 | pay 0.0100% / 8h | 3h 44m | $1.3M | $1.2M | 20x |
| Short | Lighter HOOD | 121.23 | 0.0200 | get 0.0025% / 1h | 44m 25s | $2.8M | $3.1M | 10x |
KuCoin HOODUSDTM
Lighter HOODFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against KuCoin. 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
- $21
- Price spread: −0.074% → −0.007%
- −$6.72
- Slippage, 4 orders
- −$92.93
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$90.64
- Costs to cover
- 1.049%
- Break-even
- 37.2 days
Slippage from KuCoin: live order book, 6 min ago; Lighter: live order book, 8 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 KuCoin live order book, 6 min ago | 3.71 bp | 64.2 bp −$64 | 450.4 bp −$4,504 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 8 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 | −0.091% | $58K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0096% | 8h | 121.30 | −0.016% | $574K | $7.7M | 50x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.32 | −0.002% | $106K | $280K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.20 | −0.098% | $357K | $1.4M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.26 | −0.049% | $20.8M | $91.1M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.30 | −0.016% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.28 | −0.033% | $2.7M | $6.0M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.25 | −0.054% | $389K | $1.4M | 10x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 121.30 | −0.016% | $5.4M | $9.7M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.32 | +0.003% | $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_Perp | 0.0000% | 8h | 121.19 | −0.111% | $858K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.28 | −0.033% | $992K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0015% | 1h | 121.09 | −0.190% | — | $63K | 25x | as long as short |
| QFEX HOOD-USD | +0.0022% | 1h | 121.25 | −0.058% | $1.3M | $3.4M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.25 | −0.058% | $1.1M | $1.7M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.19 | −0.107% | $51.5M | $28.3M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 121.09 | −0.190% | $251K | $344K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.26 | −0.050% | $730 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.16 | −0.132% | $1.2M | $1.5M | 15x | as long as short |
| edgeX HOODUSDC | +0.0073% | 4h | 121.33 | +0.009% | $365K | $305K | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.26 | −0.051% | $68K | $109K | 10x | as long as short |
| KuCoin HOODUSDTMlong | +0.0100% | 8h | 121.32 | long leg | $1.3M | $1.2M | 20x | |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.24 | −0.066% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.23 | −0.074% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.25 | −0.060% | $16K | — | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0120% | 1h | 121.10 | −0.181% | $193K | $1.9M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 121.34 | +0.016% | $174K | $160K | 20x | as long as short |
| Phoenix HOOD | +0.0132% | 1h | 121.34 | +0.016% | $27K | $238K | 10x | as long as short |
| Lighter HOODshort | +0.0200% | 1h | 121.23 | −0.074% | $2.8M | $3.1M | 10x | |
| Deribit HOOD_USDC-PERPETUAL | +0.0410% | 1h | 121.27 | −0.041% | $6K | $57K | 10x | as long as short |
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Vest HOOD-USD-PERP
QFEX HOOD-USD
Arcus HOOD-USD
tradeXYZ xyz:HOOD
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
edgeX HOODUSDC
Pacifica HOOD
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