Funding you earn now, next payment 09:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: Binance against Lighter−0.002%7-day average +0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$200.203% of the position
Funding, last 7 days−0.208%−$21 on $10k
+Price spread, last 7 days+0.093%+$9 · spread now −0.002%, 7d avg +0.039%
=Together, before fees−0.115%+ Points / potential airdropLighter: Season 3 · farm board−$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.041% cheaper against Lighter than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.039%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter HOOD | 119.66 | 0.0032 | pay 0.0004% / 1h | 28m 47s | $2.8M | $3.1M | 10x |
| Short | Binance HOODUSDT | 119.66 | 0 | get 0.0000% / 8h | 7h 28m | $20.7M | $91.5M | 20x |
Lighter HOOD
Binance HOODUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$6.72
- Price spread: −0.002% → +0.039%
- −$4.07
- Slippage, 4 orders
- −$10.27
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$31.07
- Costs to cover
- 0.203%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 3 min ago; Binance: live order book, 14 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, 3 min ago | 2.04 bp | 2.6 bp −$3 | 6.6 bp −$66 | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 0.41 bp | 7.5 bp −$8 | 16.9 bp −$169 | 64.3 bp −$6,427 | 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 | 119.96 | +0.249% | $49K | $65K | 30x | as long as short |
| Bitget HOODUSDT | −0.0033% | 8h | 119.71 | +0.040% | $5.5M | $9.7M | 20x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 119.73 | +0.053% | $108K | $284K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 119.67 | +0.006% | $353K | $2.2M | 10x | as long as short |
| Binance HOODUSDTshort | 0.0000% | 8h | 119.66 | −0.002% | $20.7M | $91.5M | 20x | |
| Bybit HOODUSDT | 0.0000% | 8h | 119.65 | −0.010% | $3.7M | $8.5M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 119.68 | +0.015% | $2.6M | $6.1M | 20x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 119.70 | +0.032% | $593K | $7.0M | 50x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 119.91 | +0.203% | $2.2M | $979K | — | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 119.80 | +0.115% | $980K | $8K | 10x | as long as short |
Injective HOOD/USDC PERP
Bitget HOODUSDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Gate HOOD_USDT
Variational Omni HOOD
Phemex HOODUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest HOOD-USD-PERP | +0.0005% | 1h | 119.51 | −0.127% | — | $64K | 25x | as long as short |
| Lighter HOODlong | +0.0032% | 1h | 119.66 | long leg | $2.8M | $3.1M | 10x | |
| QFEX HOOD-USD | +0.0038% | 1h | 119.72 | +0.048% | $1.3M | $2.8M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 119.66 | −0.002% | $1.1M | $1.8M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 119.58 | −0.069% | $50.4M | $27.2M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 119.61 | −0.043% | $249K | $336K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 119.72 | +0.047% | $714 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 119.73 | +0.057% | $1.2M | $1.4M | 15x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 119.78 | +0.097% | $73K | $107K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 119.74 | +0.065% | $1.3M | $1.4M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 119.70 | +0.032% | $5K | $36K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 119.70 | +0.032% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 119.65 | −0.014% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 119.86 | +0.165% | $173K | $175K | 20x | as long as short |
| GRVT HOOD_USDT_Perp | +0.0125% | 8h | 119.85 | +0.154% | $847K | $1.9M | 10x | as long as short |
| edgeX HOODUSDC | +0.0128% | 4h | 119.90 | +0.200% | $361K | $304K | 10x | as long as short |
| Phoenix HOOD | +0.0133% | 1h | 120.33 | +0.558% | $28K | $238K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0200% | 1h | 119.88 | +0.182% | $195K | $1.8M | 10x | as long as short |
| RISEx HOOD/USDC | +0.0421% | 1h | 119.81 | +0.124% | $422K | $1.3M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0670% | 1h | 119.68 | +0.015% | $6K | $53K | 10x | as long as short |
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
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
BloFin HOOD-USDT
GRVT HOOD_USDT_Perp
edgeX HOODUSDC
Phoenix HOOD
Coinbase International HOOD-PERP-INTX
RISEx HOOD/USDC
Deribit HOOD_USDC-PERPETUAL