Funding you earn now, next payment 22:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.018%
Price spread now: Gate against Lighter+0.036%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$470.465% of the position
Funding, last 7 days−0.369%−$37 on $10k
+Price spread, last 7 days−0.055%−$5 · spread now +0.036%, 7d avg +0.023%
=Together, before fees−0.424%+ Points / potential airdropLighter: Season 3 · farm board−$42 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.023%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter HOOD | 123.55 | 0.0032 | pay 0.0004% / 1h | 7m 12s | $3.0M | $2.0M | 10x |
| Short | Gate HOOD_USDT | 123.59 | 0 | get 0.0000% / 8h | 2h 07m | $554K | $7.9M | 50x |
Lighter HOOD
Gate HOOD_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.036% → +0.023%
- $1.34
- Slippage, 4 orders
- −$31.53
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$51.91
- Costs to cover
- 0.465%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 10 min ago; Gate: live order book, 1 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, 10 min ago | 1.33 bp | 1.4 bp −$1 | 3.8 bp −$38 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 2.43 bp | 25.1 bp −$25 | 63.0 bp −$630 | 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 | −0.0015% | 1h | 123.40 | −0.117% | $263K | $320K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 123.62 | +0.061% | $110K | $262K | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 123.52 | −0.020% | $4.0M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 123.65 | +0.085% | $3.0M | $5.7M | 20x | as long as short |
| Gate HOOD_USDTshort | 0.0000% | 8h | 123.59 | +0.036% | $554K | $7.9M | 50x | |
| Phemex HOODUSDT | 0.0000% | 8h | 123.62 | +0.061% | $1.0M | $8K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0004% | 1h | 123.73 | +0.150% | $63K | $50K | 30x | as long as short |
| Bitget HOODUSDT | +0.0007% | 8h | 123.55 | +0.004% | $5.7M | $9.2M | 20x | as long as short |
| Variational Omni HOOD | +0.0024% | 8h | 123.61 | +0.054% | $2.4M | $1.0M | — | as long as short |
| Lighter HOODlong | +0.0032% | 1h | 123.55 | long leg | $3.0M | $2.0M | 10x |
Polymarket Perps HOOD-USD
Aster HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Phemex HOODUSDT
Injective HOOD/USDC PERP
Bitget HOODUSDT
Variational Omni HOODShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest HOOD-USD-PERP | +0.0046% | 1h | 123.50 | −0.036% | — | $63K | 25x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 123.59 | +0.040% | $744 | $3K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 123.51 | −0.028% | $1.4M | $1.3M | 15x | as long as short |
| QFEX HOOD-USD | +0.0061% | 1h | 123.58 | +0.028% | $1.3M | $4.1M | 10x | as long as short |
| edgeX HOODUSDC | +0.0093% | 4h | 123.61 | +0.054% | $372K | $306K | 10x | as long as short |
| GRVT HOOD_USDT_Perp | +0.0094% | 8h | 123.60 | +0.048% | $870K | $2.2M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 123.61 | +0.052% | $80K | $110K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 123.56 | +0.012% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 123.61 | +0.053% | $45K | $238K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 123.56 | +0.012% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 123.55 | +0.007% | $16K | — | 10x | as long as short |
| Binance HOODUSDT | +0.0136% | 8h | 123.57 | +0.020% | $23.8M | $84.3M | 20x | as long as short |
| Extended HOOD_24_5-USD | +0.0136% | 1h | 123.57 | +0.019% | $419K | $1.2M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0192% | 1h | 123.41 | −0.109% | $196K | $1.8M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0255% | 1h | 123.49 | −0.045% | $53.1M | $30.0M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0256% | 8h | 123.63 | +0.069% | $188K | $123K | 20x | as long as short |
| Phoenix HOOD | +0.0323% | 1h | 123.62 | +0.061% | $28K | $188K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0337% | 1h | 123.59 | +0.040% | $424K | $1.4M | 10x | as long as short |
| Arcus HOOD-USD | +0.0472% | 1h | 123.52 | −0.020% | $1.1M | $1.7M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0478% | 1h | 123.65 | +0.085% | $6K | $84K | 10x | as long as short |
Vest HOOD-USD-PERP
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
QFEX HOOD-USD
edgeX HOODUSDC
GRVT HOOD_USDT_Perp
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
Binance HOODUSDT
Extended HOOD_24_5-USD
Coinbase International HOOD-PERP-INTX
tradeXYZ xyz:HOOD
BloFin HOOD-USDT
Phoenix HOOD
RISEx HOOD/USDC
Arcus HOOD-USD
Deribit HOOD_USDC-PERPETUAL