Funding you earn now, next payment 23:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h −0.028%
Price spread now: Orderly against Lighter+0.021%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Orderly is 0.021% dearer against Lighter than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter HOOD | 122.50 | 0.0032 | pay 0.0004% / 1h | 4m 26s | $2.9M | $2.2M | 10x |
| Short | Orderly PERP_HOOD_USDC_mythos | 122.53 | 0.0100 | get 0.0100% / 8h | 1h 04m | $2K | $2K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $14.28
- Price spread: +0.021% → 0.000%
- $2.12
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $10.4
- Costs to cover
- 0.060%
- Break-even
- 1.9 days
Slippage unknown: Lighter: live order book, 8 min ago; Orderly: no order-book sample. Net counts fees only.
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, 8 min ago | 1.10 bp | 2.7 bp −$3 | 18.2 bp −$182 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0143% | 1h | 122.42 | −0.069% | $269K | $332K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 122.47 | −0.026% | $109K | $263K | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 122.55 | +0.038% | $3.9M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.62 | +0.095% | $2.9M | $5.9M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 122.52 | +0.009% | $393K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.53 | +0.021% | $569K | $7.9M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.61 | +0.087% | $5.6M | $9.6M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 122.44 | −0.053% | $2.3M | $1.0M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 122.44 | −0.055% | $857K | $2.0M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 122.49 | −0.011% | $8K | $81K | 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 | 122.51 | +0.005% | $1.0M | $8K | 10x | as long as short |
| Lighter HOODlong | +0.0032% | 1h | 122.50 | long leg | $2.9M | $2.2M | 10x | |
| Binance HOODUSDT | +0.0038% | 8h | 122.56 | +0.050% | $22.1M | $88.0M | 20x | as long as short |
| Extended HOOD_24_5-USD | +0.0040% | 1h | 122.52 | +0.017% | $411K | $1.2M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0046% | 1h | 122.44 | −0.052% | — | $63K | 25x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.47 | −0.024% | $735 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.48 | −0.020% | $1.2M | $1.6M | 15x | as long as short |
| QFEX HOOD-USD | +0.0057% | 1h | 122.52 | +0.013% | $1.3M | $4.1M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0080% | 1h | 122.43 | −0.060% | $198K | $1.9M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.53 | +0.019% | $71K | $114K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.55 | +0.038% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.47 | −0.028% | $5K | $135K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythosshort | +0.0100% | 8h | 122.53 | +0.021% | $2K | $2K | 10x | |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.56 | +0.044% | $16K | — | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0106% | 1h | 122.56 | +0.046% | $52.5M | $29.8M | 10x | as long as short |
| edgeX HOODUSDC | +0.0126% | 4h | 122.33 | −0.146% | $368K | $307K | 10x | as long as short |
| BloFin HOOD-USDT | +0.0157% | 8h | 122.58 | +0.062% | $138K | $123K | 20x | as long as short |
| Arcus HOOD-USD | +0.0187% | 1h | 122.35 | −0.126% | $1.1M | $1.7M | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0258% | 1h | 123.07 | +0.462% | $63K | $50K | 30x | as long as short |
| Phoenix HOOD | +0.0388% | 1h | 122.44 | −0.052% | $28K | $188K | 10x | as long as short |
Lighter HOOD
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
Binance HOODUSDT
Extended HOOD_24_5-USD
SoDEX HOOD-USD
Coinbase International HOOD-PERP-INTX
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
tradeXYZ xyz:HOOD
edgeX HOODUSDC
BloFin HOOD-USDT
Injective HOOD/USDC PERP
Phoenix HOOD