TxFlow Level Up: trade perps and earn up to 300 USDC at $4M volume. Until Nov 2 Join
Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG94.030+0.0072pay 0.0009% / 1h55m 51s$932K$1.2M10xLong Lighter7d free
SHORT94.250+0.0098get 0.0098% / 8h3h 55m$978K$6.6M—Short BingX
Price gap+0.234%
Funding gap+0.0026% /8h

Both sides work: funding pays +$1 a day on $10k, and the gap is 0.097% above its 7d average: +$10 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$15+0.0026% /8h now · paid +0.145% over the last 7D
Price+$10spread +0.234% now, avg +0.137% → +0.097% if it goes back
Costs−$170.173% of $10k · taker + slippage, in and out
Result+$7+0.07%+ Points / potential airdropLighter: Season 3 · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.234%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

HOOD on 40 exchanges

lowest funding first

Before you open

3 ok · 3 to watch
  • OK: Fits both order books1.5 / 7.8 bp
    Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
  • Note: Margin at max leverage$1,000 + —
    Lighter 10x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 8h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$0.78Long Lighter: 24 payments, −$2.16; short BingX: 3 payments, +$2.94.
  • OK: Entry gap works for you+0.234% vs +0.137%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$932K vs $978K OI
    Lighter sets your exit cost. Check its book before closing.
  • OK: Points on a legLighter Season 3
    Volume here counts toward the points program.
  • Watch: KYCLighter No · BingX Yes
    Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0069%/8h × 21 periods+$14.52
Price spread+0.234% → +0.137% (7d avg)+$9.67
Slippage, 4 orderslive order books−$7.26
Fee Lighter bp × 2 orders$0.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k+$6.93
Costs to cover0.173%Break-even3.7 days
Slippage: Lighter: live order book, 5 min ago; BingX: live order book, 20 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGLighter0.961.5 bp−$13.4 bp−$3436.1 bp−$3,613doesn’t fit
SELL · SHORTBingX0.537.8 bp−$812.4 bp−$12476.7 bp−$7,665458.3 bp−$229.1K

Closing costs about the same again.

Alert

HOOD news

posts that mention HOOD or Robinhood Markets, from every exchangeSearch all news →
10-23 16:53BackpackOtherEarnings & macro to watch for Oct 26–30 ▸ Macro: Fed decision, GDP, PCE ▸ Tech & AI: $GOOGL $MSFT $AMZN $INTC $SKHY $SNDK $VRT ▸ Crypto & finance: $HOOD $COIN $SOFI $V $MSTR ▸ Healthcare: $LLY $ABBV ▸ Energy: $XOM $CVX Full market calendar → @Backpack on X ↗
10-23 08:04ReyaListing$CRCL $HOOD $MSTR perps are live on Reya. The stablecoin issuer, the broker, and the one people bought because they couldn't buy bitcoin. Now all three trade next to our bitcoin perp. 24/7. 16 RWA perps and counting. Climb the waitlist to get inside. @reya_xyz on X ↗
10-20 13:01ReyaListingnew market HOODRUSDPERP ($HOOD) seen by our collector
10-05 12:38RISExListingSeptember has been an extra special month - all because of you. On Sep 25, we hit $10B in cumulative volume, and one week later, we pushed open interest to a new all-time high of $ 77.3M. Product Highlight • Custom referral code slugs are now open to everyone • We launched Impact Pool for our power traders to reward size • Paid dividends on SPY and QQQ • Shipped TWAP and one-click trading, plus more UX upgrades • Improved mobile experience with QR login 9 new listings: 7 RWA and 2 Crypto $MSTR, $NVDA, $KORU, $HOOD, $TSLA, $CRCL, $SKHYNIX, $ARB, $ONDO - together a total of $126M in volume within their first month By the numbers • Total volume: $10.65B • Peak 24hr volume: $153,594,486 • Total active accounts: 11,669 • Total RWA volume: $2.12B • Peak open interest: $71,685,253 (new ATH $77.3M on 2 Oct) • Total fees: $2,750,797 • Peak daily active users: 3,211 • Total liquidations: $32,858,815 RISE will move as one. And we’re just getting started @risextrade on X ↗
09-30 13:31Vest MarketsOtherAt the open, $HOOD is up around 5%, with Robinhood's HOOD Summit bringing AI trading agents and perpetual futures. More than 150,000 customers have opened agentic trading accounts since May, with the agents running nearly 30 million daily tool queries. Trade $HOOD volatility with a Vest Capital funded account and access up to $25k in trading capital. @VestExchange on X ↗
09-28 18:50AevoOtherbitcoin:native is back near $83k after trading above $86k last week. Whether you trade the continuation or pullback, all options and this week’s Perp Majors count toward the volume requirement for our year-end reward. This week’s Perp Majors include: BTC, ETH, SOL, ZEC, NEAR, HYPE, LIT, SPY, QQQ, HOOD, SNDK, MU, NVDA, TSLA, GOOGL. @aevoxyz on X ↗