Funding you earn now, next payment 00:00 UTC+0.0141%/8h= +15.4% APRpaid last 24h +0.085%
Price spread now: edgeX against Lighter+0.040%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$250.255% of the position
Funding, last 7 days+0.023%+$2 on $10k
+Price spread, last 3 days (all we have)+0.018%+$2 · spread now +0.040%, 7d avg +0.014%
=Together, before fees+0.041%+ Points / potential airdropLighter: Season 3 · edgeX: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and edgeX is 0.027% dearer against Lighter than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter HOOD | 122.83 | 0.0032 | pay 0.0004% / 1h | 17m 29s | $2.9M | $2.2M | 10x |
| Short | edgeX HOODUSDC | 122.88 | 0.0173 | get 0.0087% / 4h | 17m 29s | $370K | $308K | 10x |
Lighter HOOD
edgeX HOODUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $29.62
- Price spread: +0.040% → +0.014%
- $2.66
- Slippage, 4 orders
- −$16.49
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $6.79
- Costs to cover
- 0.255%
- Break-even
- 5.4 days
Slippage from Lighter: live order book, 5 min ago; edgeX: live order book, 61 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 edgeX live order book, 61 min ago | 6.09 bp | 11.3 bp −$11 | 20.5 bp −$205 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps HOOD-USD | −0.0035% | 1h | 122.69 | −0.114% | $269K | $332K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 122.92 | +0.072% | $109K | $263K | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 122.89 | +0.049% | $3.9M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.87 | +0.033% | $2.9M | $5.9M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 122.87 | +0.030% | $383K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.86 | +0.024% | $567K | $7.8M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.84 | +0.008% | $5.5M | $9.6M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 122.84 | +0.007% | $2.4M | $1.1M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 122.88 | +0.040% | $861K | $2.0M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 122.84 | +0.008% | $8K | $70K | 10x | as long as short |
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-PERPETUALShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex HOODUSDT | 0.0000% | 8h | 122.85 | +0.016% | $1.0M | $8K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0008% | 1h | 122.89 | +0.049% | $63K | $50K | 30x | as long as short |
| Extended HOOD_24_5-USD | +0.0008% | 1h | 122.85 | +0.018% | $411K | $1.1M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0008% | 1h | 122.84 | +0.008% | $199K | $1.9M | 10x | as long as short |
| Binance HOODUSDT | +0.0008% | 8h | 122.86 | +0.021% | $22.0M | $88.6M | 20x | as long as short |
| QFEX HOOD-USD | +0.0027% | 1h | 122.82 | −0.008% | $1.3M | $4.3M | 10x | as long as short |
| Lighter HOODlong | +0.0032% | 1h | 122.83 | long leg | $2.9M | $2.2M | 10x | |
| Arcus HOOD-USD | +0.0040% | 1h | 122.76 | −0.057% | $1.1M | $1.7M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0041% | 8h | 122.86 | +0.024% | $183K | $125K | 20x | as long as short |
| Vest HOOD-USD-PERP | +0.0043% | 1h | 122.73 | −0.081% | — | $63K | 25x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.84 | +0.008% | $737 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.86 | +0.024% | $1.2M | $1.7M | 15x | as long as short |
| tradeXYZ xyz:HOOD | +0.0056% | 1h | 122.83 | 0.000% | $52.7M | $29.7M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.83 | −0.003% | $71K | $114K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.89 | +0.049% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.86 | +0.024% | $5K | $132K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.85 | +0.016% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.83 | −0.001% | $16K | — | 10x | as long as short |
| edgeX HOODUSDCshort | +0.0173% | 4h | 122.88 | +0.040% | $370K | $308K | 10x | |
| Phoenix HOOD | +0.0196% | 1h | 122.95 | +0.098% | $28K | $239K | 10x | as long as short |
Phemex HOODUSDT
Injective HOOD/USDC PERP
Extended HOOD_24_5-USD
Coinbase International HOOD-PERP-INTX
Binance HOODUSDT
QFEX HOOD-USD
Arcus HOOD-USD
BloFin HOOD-USDT
Vest HOOD-USD-PERP
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
tradeXYZ xyz:HOOD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
Phoenix HOOD