Funding you earn now, next payment 09:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.030%
Price spread now: Aster against Lighter−0.028%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1131.133% of the position
Funding, last 7 days−0.374%−$37 on $10k
+Price spread, last 4 days (all we have)+0.041%+$4 · spread now −0.028%, 7d avg +0.006%
=Together, before fees−0.333%+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm board−$33 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aster is 0.033% cheaper against Lighter than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.006%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter HOOD | 121.98 | 0.0104 | pay 0.0013% / 1h | 0m 48s | $2.9M | $3.2M | 10x |
| Short | Aster HOODUSDT | 121.95 | 0 | get 0.0000% / 8h | 7h 00m | $110K | $285K | 20x |
Lighter HOOD
Aster HOODUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Lighter. 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
- −$21.84
- Price spread: −0.028% → +0.006%
- −$3.35
- Slippage, 4 orders
- −$105.27
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$138.46
- Costs to cover
- 1.133%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 7 min ago; Aster: live order book, 31 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 Lighter live order book, 7 min ago | 2.13 bp | 2.2 bp −$2 | 4.4 bp −$44 | doesn't fit | doesn't fit |
| Sell Aster live order book, 31 min ago | 4.17 bp | 54.7 bp −$55 | 360.0 bp −$3,600 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective HOOD/USDC PERP | −0.0440% | 1h | 121.59 | −0.323% | $30K | $98K | 30x | as long as short |
| Aster HOODUSDTshort | 0.0000% | 8h | 121.95 | −0.028% | $110K | $285K | 20x | |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.92 | −0.052% | $2.7M | $6.1M | 20x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 121.94 | −0.036% | $574K | $7.2M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 121.97 | −0.011% | $5.5M | $9.4M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.89 | −0.075% | $2.3M | $938K | — | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 121.95 | −0.028% | $6K | $50K | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.93 | −0.044% | $998K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0014% | 1h | 121.84 | −0.118% | — | $64K | 25x | as long as short |
| QFEX HOOD-USD | +0.0038% | 1h | 122.03 | +0.038% | $1.3M | $2.8M | 10x | as long as short |
Injective HOOD/USDC PERP
OKX HOOD-USDT-SWAP
Gate HOOD_USDT
Bitget HOODUSDT
Variational Omni HOOD
Deribit HOOD_USDC-PERPETUAL
Phemex HOODUSDT
Vest HOOD-USD-PERP
QFEX HOOD-USDShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus HOOD-USD | +0.0040% | 1h | 121.91 | −0.061% | $1.1M | $1.8M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.94 | −0.036% | $51.3M | $26.6M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 121.88 | −0.085% | $254K | $336K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.96 | −0.020% | $1.3M | $1.3M | 15x | as long as short |
| Bybit HOODUSDT | +0.0090% | 8h | 121.95 | −0.028% | $3.7M | $7.9M | 25x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.98 | −0.002% | $75K | $108K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.89 | −0.077% | $1.3M | $1.4M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.03 | +0.038% | $5K | $31K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.94 | −0.036% | $2K | $2K | 10x | as long as short |
| Lighter HOODlong | +0.0104% | 1h | 121.98 | long leg | $2.9M | $3.2M | 10x | |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.93 | −0.042% | $16K | — | 10x | as long as short |
| Extended HOOD_24_5-USD | +0.0128% | 1h | 121.90 | −0.072% | $361K | $2.3M | 10x | as long as short |
| Binance HOODUSDT | +0.0131% | 8h | 121.98 | −0.002% | $21.2M | $89.1M | 20x | as long as short |
| Phoenix HOOD | +0.0133% | 1h | 121.98 | −0.003% | $28K | $238K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0200% | 1h | 122.08 | +0.079% | $234K | $1.8M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0251% | 8h | 122.01 | +0.021% | $173K | $179K | 20x | as long as short |
| edgeX HOODUSDC | +0.0326% | 4h | 122.18 | +0.162% | $368K | $303K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0421% | 1h | 122.25 | +0.215% | $420K | $1.3M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0625% | 1h | 121.92 | −0.048% | $731 | $4K | 10x | as long as short |
| GRVT HOOD_USDT_Perp | +0.0986% | 8h | 122.15 | +0.136% | $862K | $1.8M | 10x | as long as short |
Arcus HOOD-USD
tradeXYZ xyz:HOOD
Polymarket Perps HOOD-USD
Ondo Perps HOOD-USD.P
Bybit HOODUSDT
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
Extended HOOD_24_5-USD
Binance HOODUSDT
Phoenix HOOD
Coinbase International HOOD-PERP-INTX
BloFin HOOD-USDT
edgeX HOODUSDC
RISEx HOOD/USDC
SoDEX HOOD-USD
GRVT HOOD_USDT_Perp