HOOD

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.05 per $10,000 · paid last 24h +0.067%

Price spread now: RISEx against Lighter+0.004%7-day average +0.058% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$19as in the Price arb table

costs, in and out, $10k−$140.138% of the position

Long on Lighter Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.118%+$12 on $10k

Price spread, last 5 days (all we have)+0.239%+$24 · spread now +0.004%, 7d avg +0.058%

Together, before fees+0.357%+ Points / potential airdropLighter: Season 3 · farm board+$36 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and RISEx is 0.055% cheaper against Lighter than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.058%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.118%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter HOOD	121.59	0.0040	pay 0.0005% / 1h	52m 11s	$2.8M	$3.1M	10x
Short	RISEx HOOD/USDC	121.59	0	get 0.0000% / 1h	52m 11s	$376K	$1.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Lighter. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee LighterbpFee RISExbpOrdersPrice spread, now +0.004%Rate

Funding earned: −$8.4
Price spread: +0.004% → +0.058%: −$5.47
Slippage, 4 orders: −$7.81
Fee Lighter: 0 bp × 2 orders: $0
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$27.68
Costs to cover: 0.138%
Break-even: never at this rate

Slippage from Lighter: live order book, 5 min ago; RISEx: live order book, 2 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	0.21 bp	0.9 bp −$1	4.2 bp −$42	doesn't fit	doesn't fit
Sell RISEx live order book, 2 min ago	2.88 bp	5.9 bp −$6	6.3 bp −$63	doesn't fit	doesn't fit

HOOD on 29 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	−0.0181%	1h	121.40	−0.153%	$252K	$344K	10x	as long as short
Aster HOODUSDT	0.0000%	8h	121.59	0.000%	$106K	$279K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	121.56	−0.023%	$358K	$1.3M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	121.59	+0.003%	$21.1M	$90.2M	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	121.63	+0.036%	$3.9M	$8.8M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	121.55	−0.030%	$2.7M	$6.0M	20x	as long as short
RISEx HOOD/USDCshort	0.0000%	1h	121.59	+0.004%	$376K	$1.4M	10x
Gate HOOD_USDT	0.0000%	8h	121.68	+0.077%	$579K	$7.7M	50x	as long as short
Bitget HOODUSDT	0.0000%	8h	121.65	+0.053%	$5.4M	$9.5M	20x	as long as short
Variational Omni HOOD	0.0000%	8h	121.69	+0.090%	$2.3M	$1.1M	—	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT HOOD_USDT_Perp	0.0000%	8h	121.61	+0.017%	$850K	$2.0M	10x	as long as short
Phemex HOODUSDT	0.0000%	8h	121.60	+0.012%	$995K	$8K	10x	as long as short
QFEX HOOD-USD	+0.0024%	1h	121.61	+0.020%	$1.3M	$3.8M	10x	as long as short
Vest HOOD-USD-PERP	+0.0025%	1h	121.50	−0.071%	—	$62K	25x	as long as short
edgeX HOODUSDC	+0.0025%	4h	121.64	+0.042%	$366K	$304K	10x	as long as short
Lighter HOODlong	+0.0040%	1h	121.59	long leg	$2.8M	$3.1M	10x
Arcus HOOD-USD	+0.0040%	1h	121.59	+0.003%	$1.1M	$1.7M	10x	as long as short
tradeXYZ xyz:HOOD	+0.0050%	1h	121.59	+0.003%	$52.0M	$28.1M	10x	as long as short
SoDEX HOOD-USD	+0.0050%	1h	121.56	−0.020%	$732	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	121.55	−0.030%	$1.2M	$1.5M	15x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0056%	1h	121.54	−0.038%	$194K	$1.9M	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	+0.0079%	1h	121.58	−0.005%	$7K	$68K	10x	as long as short
Pacifica HOOD	+0.0100%	1h	121.62	+0.030%	$68K	$109K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	121.59	+0.003%	$1.3M	$1.2M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	121.59	+0.003%	$5K	$41K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	121.57	−0.013%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	121.56	−0.023%	$16K	—	10x	as long as short
Phoenix HOOD	+0.0197%	1h	121.59	+0.003%	$28K	$239K	10x	as long as short
Injective HOOD/USDC PERP	+0.0345%	1h	121.40	−0.153%	$58K	$57K	30x	as long as short