Funding you earn now, next payment 00:00 UTC+0.0002%/8h= +0.2% APRpaid last 24h +0.055%
Price spread now: BloFin against Lighter−0.012%7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$210.206% of the position
Funding, last 7 days+0.053%+$5 on $10k
+Price spread, last 3 days (all we have)+0.068%+$7 · spread now −0.012%, 7d avg +0.024%
=Together, before fees+0.121%+ Points / potential airdropLighter: Season 3 · farm board+$12 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.037% cheaper against Lighter than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.024%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter HOOD | 122.84 | 0.0032 | pay 0.0004% / 1h | 17m 02s | $2.9M | $2.2M | 10x |
| Short | BloFin HOOD-USDT | 122.83 | 0.0034 | get 0.0034% / 8h | 17m 02s | $183K | $125K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $0.34
- Price spread: −0.012% → +0.024%
- −$3.66
- Slippage, 4 orders
- −$8.63
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$23.94
- Costs to cover
- 0.206%
- Break-even
- 493.6 days
Slippage from Lighter: live order book, 5 min ago; BloFin: live order book, 52 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, 5 min ago | 1.42 bp | 1.5 bp −$1 | 3.8 bp −$38 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 52 min ago | 1.23 bp | 8.8 bp −$9 | 20.3 bp −$203 | 59.6 bp −$5,961 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps HOOD-USD | −0.0035% | 1h | 122.69 | −0.126% | $269K | $332K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 122.91 | +0.054% | $109K | $263K | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 122.88 | +0.028% | $3.9M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.87 | +0.020% | $2.9M | $5.9M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 122.87 | +0.018% | $383K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.85 | +0.004% | $567K | $7.8M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.87 | +0.020% | $5.5M | $9.6M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 122.84 | −0.005% | $2.4M | $1.1M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 122.88 | +0.028% | $861K | $2.0M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 122.83 | −0.012% | $8K | $70K | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex HOODUSDT | 0.0000% | 8h | 122.85 | +0.004% | $1.0M | $8K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0008% | 1h | 122.89 | +0.037% | $63K | $50K | 30x | as long as short |
| Extended HOOD_24_5-USD | +0.0008% | 1h | 122.83 | −0.015% | $411K | $1.1M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0008% | 1h | 122.84 | −0.004% | $199K | $1.9M | 10x | as long as short |
| Binance HOODUSDT | +0.0008% | 8h | 122.85 | +0.004% | $22.0M | $88.7M | 20x | as long as short |
| QFEX HOOD-USD | +0.0027% | 1h | 122.82 | −0.020% | $1.3M | $4.3M | 10x | as long as short |
| Lighter HOODlong | +0.0032% | 1h | 122.84 | long leg | $2.9M | $2.2M | 10x | |
| BloFin HOOD-USDTshort | +0.0034% | 8h | 122.83 | −0.012% | $183K | $125K | 20x | |
| Arcus HOOD-USD | +0.0040% | 1h | 122.76 | −0.069% | $1.1M | $1.7M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0043% | 1h | 122.73 | −0.094% | — | $63K | 25x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.83 | −0.012% | $737 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.86 | +0.012% | $1.2M | $1.7M | 15x | as long as short |
| tradeXYZ xyz:HOOD | +0.0052% | 1h | 122.89 | +0.037% | $52.7M | $29.7M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.83 | −0.015% | $71K | $114K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.88 | +0.028% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.86 | +0.012% | $5K | $132K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.87 | +0.020% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.81 | −0.030% | $16K | — | 10x | as long as short |
| edgeX HOODUSDC | +0.0173% | 4h | 122.88 | +0.028% | $370K | $308K | 10x | as long as short |
| Phoenix HOOD | +0.0196% | 1h | 122.84 | −0.004% | $28K | $239K | 10x | as long as short |
Lighter HOOD
BloFin HOOD-USDT
Polymarket Perps HOOD-USD
Aster HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Bitget HOODUSDT
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Deribit HOOD_USDC-PERPETUAL
Phemex HOODUSDT
Injective HOOD/USDC PERP
Extended HOOD_24_5-USD
Coinbase International HOOD-PERP-INTX
Binance HOODUSDT
SoDEX HOOD-USD
tradeXYZ xyz:HOOD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
edgeX HOODUSDC
Phoenix HOOD