Funding you earn now, next payment 03:00 UTC−0.0052%/8h= −5.7% APRnext payment −$0.07 per $10,000 · paid last 24h +0.001%
Price spread now: Lighter against Pacifica+0.036%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$330.333% of the position
Funding, last 7 days+0.151%+$15 on $10k
+Price spread, last 4 days (all we have)−0.013%−$1 · spread now +0.036%, 7d avg +0.019%
=Together, before fees+0.138%+ Points / potential airdropPacifica: Active · Lighter: Season 3 · farm board+$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.019%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.151%, 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 | Pacifica HOOD | 121.70 | 0.0100 | pay 0.0013% / 1h | 59m 42s | $68K | $109K | 10x |
| Short | Lighter HOOD | 121.74 | 0.0048 | get 0.0006% / 1h | 59m 42s | $2.9M | $3.1M | 10x |
Pacifica HOOD
Lighter HOODFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Pacifica. 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
- −$10.92
- Price spread: +0.036% → +0.019%
- $1.69
- Slippage, 4 orders
- −$25.29
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$42.52
- Costs to cover
- 0.333%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 3 min ago; Lighter: live order book, 8 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 Pacifica live order book, 3 min ago | 6.84 bp | 14.6 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 8 min ago | 1.60 bp | 1.9 bp −$2 | 5.1 bp −$51 | 273.8 bp −$27.4K | 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 | −0.0126% | 1h | 121.56 | −0.114% | $252K | $344K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.72 | +0.022% | $107K | $274K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.66 | −0.033% | $360K | $1.3M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.69 | −0.005% | $21.1M | $90.2M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.69 | −0.007% | $3.9M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.69 | −0.007% | $2.7M | $6.0M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.71 | +0.009% | $375K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 121.83 | +0.108% | $575K | $7.7M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 121.74 | +0.034% | $5.4M | $9.5M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.72 | +0.021% | $2.3M | $1.1M | — | as long as short |
Polymarket Perps HOOD-USD
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Bitget HOODUSDT
Variational Omni HOODShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 121.97 | +0.219% | $862K | $2.0M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 121.70 | +0.001% | $7K | $68K | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.68 | −0.015% | $995K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0025% | 1h | 121.61 | −0.073% | — | $63K | 25x | as long as short |
| QFEX HOOD-USD | +0.0034% | 1h | 121.70 | +0.001% | $1.3M | $3.8M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.76 | +0.051% | $1.1M | $1.7M | 10x | as long as short |
| Lighter HOODshort | +0.0048% | 1h | 121.74 | +0.036% | $2.9M | $3.1M | 10x | |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.70 | +0.001% | $733 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.76 | +0.051% | $1.2M | $1.5M | 15x | as long as short |
| tradeXYZ xyz:HOOD | +0.0056% | 1h | 121.69 | −0.007% | $52.4M | $27.8M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0064% | 1h | 121.88 | +0.149% | $195K | $1.9M | 10x | as long as short |
| Pacifica HOODlong | +0.0100% | 1h | 121.70 | long leg | $68K | $109K | 10x | |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.75 | +0.042% | $1.3M | $1.2M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.91 | +0.174% | $5K | $61K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.72 | +0.018% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.67 | −0.021% | $16K | — | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0186% | 1h | 121.38 | −0.262% | $58K | $57K | 30x | as long as short |
| Phoenix HOOD | +0.0261% | 1h | 121.96 | +0.215% | $28K | $237K | 10x | as long as short |
| edgeX HOODUSDC | +0.0395% | 4h | 121.97 | +0.220% | $367K | $305K | 10x | as long as short |
GRVT HOOD_USDT_Perp
Deribit HOOD_USDC-PERPETUAL
Phemex HOODUSDT
Vest HOOD-USD-PERP
QFEX HOOD-USD
Arcus HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
tradeXYZ xyz:HOOD
Coinbase International HOOD-PERP-INTX
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
Injective HOOD/USDC PERP
Phoenix HOOD
edgeX HOODUSDC