Settings8H · net · $10k
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Funding arb · Price arb /

HOOD

RWAall HOOD markets
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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 01:00 UTC+0.0168%/8h= +18.4% APRpaid last 24h +0.031%
Price spread now: Lighter against OKX+0.005%7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$6as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$280.284% of the position
Long on OKXShort on Lighter
What this pair did over the last
the charts below follow
Funding, last 7 days+0.220%+$22 on $10k
Price spread, last 7 days+0.012%+$1 · spread now +0.005%, 7d avg −0.035%
Together, before fees+0.232%+ Points / potential airdropLighter: Season 3 · farm board+$23 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Lighter is 0.040% dearer against OKX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX HOOD-USDT-SWAP122.480get 0.0000% / 8h7h 50m$2.9M$5.9M20x
ShortLighter HOOD122.490.0168get 0.0021% / 1h50m 48s$2.9M$2.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against OKX. 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

Funding earned
$35.28
Price spread: +0.005% → −0.035%
$3.98
Slippage, 4 orders
−$18.4
Fee OKX: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
$10.87
Costs to cover
0.284%
Break-even
4.8 days
Slippage from OKX: live order book, 2 min ago; Lighter: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 2 min ago1.22 bp12.8 bp −$1333.3 bp −$333doesn't fitdoesn't fit
Sell Lighter live order book, 6 min ago1.38 bp3.4 bp −$39.4 bp −$94274.4 bp −$27.4Kdoesn't fit

HOOD on 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster HOODUSDT0.0000%8h122.50+0.020%$107K$267K20xas long as short
Extended HOOD_24_5-USD0.0000%1h122.46−0.016%$366K$1.3M10xas long as short
Binance HOODUSDT0.0000%8h122.50+0.013%$21.9M$89.3M20xas long as short
Bybit HOODUSDT0.0000%8h122.50+0.016%$3.9M$8.7M25xas long as short
OKX HOOD-USDT-SWAPlong0.0000%8h122.48long leg$2.9M$5.9M20x
RISEx HOOD/USDC0.0000%1h122.50+0.013%$382K$1.4M10xas long as short
Gate HOOD_USDT0.0000%8h122.480.000%$560K$7.8M50xas long as short
Bitget HOODUSDT0.0000%8h122.56+0.065%$5.6M$9.5M20xas long as short
Variational Omni HOOD0.0000%8h122.48+0.001%$2.4M$1.1M—as long as short
GRVT HOOD_USDT_Perp0.0000%8h122.78+0.245%$863K$2.0M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex HOODUSDT0.0000%8h122.52+0.033%$1.0M$8K10xas long as short
QFEX HOOD-USD+0.0014%1h122.45−0.024%$1.3M$4.3M10xas long as short
Arcus HOOD-USD+0.0040%1h122.56+0.065%$1.1M$1.7M10xas long as short
Vest HOOD-USD-PERP+0.0044%1h122.32−0.131%—$63K25xas long as short
Polymarket Perps HOOD-USD+0.0050%1h122.37−0.090%$264K$335K10xas long as short
SoDEX HOOD-USD+0.0050%1h122.480.000%$737$4K10xas long as short
Ondo Perps HOOD-USD.P+0.0050%1h122.32−0.131%$1.2M$1.6M15xas long as short
Coinbase International HOOD-PERP-INTX+0.0096%1h122.50+0.016%$202K$1.9M10xas long as short
Pacifica HOOD+0.0100%1h122.43−0.038%$71K$114K10xas long as short
KuCoin HOODUSDTM+0.0100%8h122.54+0.049%$1.3M$1.1M20xas long as short
ApeX Omni HOODUSDT+0.0100%1h122.60+0.098%$5K$118K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h122.50+0.016%$2K$2K10xas long as short
Aevo HOOD-PERP+0.0104%1h122.46−0.017%$16K—10xas long as short
BloFin HOOD-USDT+0.0120%8h122.53+0.041%$183K$124K20xas long as short
Lighter HOODshort+0.0168%1h122.49+0.005%$2.9M$2.1M10x
Phoenix HOOD+0.0196%1h122.61+0.106%$28K$239K10xas long as short
Injective HOOD/USDC PERP+0.0213%1h122.81+0.269%$63K$49K30xas long as short
Deribit HOOD_USDC-PERPETUAL+0.0322%1h122.47−0.008%$8K$69K10xas long as short
edgeX HOODUSDC+0.0358%4h122.80+0.262%$370K$308K10xas long as short
tradeXYZ xyz:HOOD+0.0422%1h122.43−0.041%$52.5M$28.0M10xas long as short