Funding you earn now, next payment 05:00 UTC−0.0084%/8h= −9.2% APRpaid last 24h 0.000%
Price spread now: KuCoin against Lighter+0.054%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$970.972% of the position
Funding, last 7 days−0.290%−$29 on $10k
+Price spread, last 7 days−0.129%−$13 · spread now +0.054%, 7d avg +0.007%
=Together, before fees−0.419%+ Points / potential airdropLighter: Season 3 · farm board−$42 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.047% dearer against Lighter than usual: you sell high and buy low (spread +0.054% now, against its 7-day average of +0.007%): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 45 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter HOOD | 121.24 | 0.0184 | pay 0.0023% / 1h | 44m 05s | $2.8M | $3.1M | 10x |
| Short | KuCoin HOODUSDTM | 121.31 | 0.0100 | get 0.0100% / 8h | 3h 44m | $1.3M | $1.2M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$17.64
- Price spread: +0.054% → +0.007%
- $4.74
- Slippage, 4 orders
- −$85.19
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$110.08
- Costs to cover
- 0.972%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 3 min ago; KuCoin: 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, 3 min ago | 1.73 bp | 3.8 bp −$4 | 8.5 bp −$85 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 2.47 bp | 36.0 bp −$36 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective HOOD/USDC PERP | −0.0440% | 1h | 121.21 | −0.028% | $58K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0096% | 8h | 121.29 | +0.038% | $574K | $7.7M | 50x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.31 | +0.056% | $106K | $280K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.23 | −0.014% | $357K | $1.4M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.25 | +0.005% | $20.8M | $91.1M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.27 | +0.021% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.28 | +0.030% | $2.7M | $6.0M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.25 | +0.009% | $389K | $1.4M | 10x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 121.34 | +0.079% | $5.4M | $9.7M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.32 | +0.066% | $2.3M | $1.1M | — | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 121.19 | −0.049% | $858K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.26 | +0.013% | $992K | $9K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0015% | 1h | 121.09 | −0.127% | — | $63K | 25x | as long as short |
| QFEX HOOD-USD | +0.0022% | 1h | 121.25 | +0.005% | $1.3M | $3.4M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.25 | +0.005% | $1.1M | $1.7M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.18 | −0.053% | $51.5M | $28.3M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 121.09 | −0.127% | $251K | $344K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.22 | −0.021% | $730 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.16 | −0.069% | $1.2M | $1.5M | 15x | as long as short |
| edgeX HOODUSDC | +0.0073% | 4h | 121.33 | +0.071% | $365K | $305K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0080% | 1h | 121.23 | −0.012% | $6K | $57K | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.26 | +0.012% | $68K | $109K | 10x | as long as short |
| KuCoin HOODUSDTMshort | +0.0100% | 8h | 121.31 | +0.054% | $1.3M | $1.2M | 20x | |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.24 | −0.003% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.23 | −0.012% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.22 | −0.021% | $16K | — | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0120% | 1h | 121.10 | −0.119% | $193K | $1.9M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 121.34 | +0.079% | $174K | $160K | 20x | as long as short |
| Phoenix HOOD | +0.0132% | 1h | 121.34 | +0.079% | $27K | $238K | 10x | as long as short |
| Lighter HOODlong | +0.0184% | 1h | 121.24 | long leg | $2.8M | $3.1M | 10x |
Lighter HOOD
KuCoin HOODUSDTM
Injective HOOD/USDC PERP
Gate HOOD_USDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Bitget HOODUSDT
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
tradeXYZ xyz:HOOD
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
edgeX HOODUSDC
Deribit HOOD_USDC-PERPETUAL
Pacifica HOOD
ApeX Omni HOODUSDT
Coinbase International HOOD-PERP-INTX
BloFin HOOD-USDT
Phoenix HOOD