HOOD

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h −0.067%

Price spread now: Lighter against RISEx−0.003%7-day average −0.058% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$5as in the Price arb table

costs, in and out, $10k−$110.107% of the position

Long on RISEx Short on Lighter

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)−0.215%−$21 · spread now −0.003%, 7d avg −0.058%

Together, before fees−0.333%+ Points / potential airdropLighter: Season 3 · farm board−$33 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Lighter is 0.055% dearer against RISEx than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.058%. Mind the row above: over the last 4 days funding on this pair cost −0.118%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx HOOD/USDC	121.69	0	get 0.0000% / 1h	1m 53s	$399K	$1.4M	10x
Short	Lighter HOOD	121.69	0.0104	get 0.0013% / 1h	1m 53s	$2.8M	$3.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against RISEx. 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 RISExbpFee LighterbpOrdersPrice spread, now −0.003%Rate

Funding earned: $21.84
Price spread: −0.003% → −0.058%: $5.49
Slippage, 4 orders: −$4.71
Fee RISEx: 3 bp × 2 orders: −$6
Fee Lighter: 0 bp × 2 orders: $0
Net: $16.62
Costs to cover: 0.107%
Break-even: 1.7 days

Slippage from RISEx: live order book, 2 min ago; Lighter: live order book, 5 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 RISEx live order book, 2 min ago	0.82 bp	3.8 bp −$4	4.6 bp −$46	doesn't fit	doesn't fit
Sell Lighter live order book, 5 min ago	1.23 bp	1.8 bp −$2	4.6 bp −$46	316.0 bp −$31.6K	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
Polymarket Perps HOOD-USD	−0.0107%	1h	121.48	−0.171%	$252K	$344K	10x	as long as short
Aster HOODUSDT	0.0000%	8h	121.68	−0.003%	$106K	$279K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	121.69	−0.002%	$358K	$1.3M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	121.73	+0.034%	$21.1M	$90.6M	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	121.69	+0.001%	$3.9M	$8.7M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	121.68	−0.007%	$2.7M	$6.1M	20x	as long as short
RISEx HOOD/USDClong	0.0000%	1h	121.69	long leg	$399K	$1.4M	10x
Gate HOOD_USDT	0.0000%	8h	121.73	+0.034%	$579K	$7.8M	50x	as long as short
Bitget HOODUSDT	0.0000%	8h	121.72	+0.026%	$5.4M	$9.6M	20x	as long as short
Variational Omni HOOD	0.0000%	8h	121.63	−0.047%	$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	121.65	−0.029%	$852K	$2.0M	10x	as long as short
Phemex HOODUSDT	0.0000%	8h	121.68	−0.007%	$995K	$8K	10x	as long as short
Vest HOOD-USD-PERP	+0.0024%	1h	121.55	−0.114%	—	$62K	25x	as long as short
QFEX HOOD-USD	+0.0024%	1h	121.68	−0.007%	$1.3M	$3.7M	10x	as long as short
Arcus HOOD-USD	+0.0040%	1h	121.63	−0.048%	$1.1M	$1.7M	10x	as long as short
tradeXYZ xyz:HOOD	+0.0050%	1h	121.66	−0.023%	$51.9M	$28.1M	10x	as long as short
SoDEX HOOD-USD	+0.0050%	1h	121.65	−0.029%	$733	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	121.50	−0.155%	$1.2M	$1.5M	15x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0056%	1h	121.54	−0.122%	$194K	$1.9M	10x	as long as short
Pacifica HOOD	+0.0100%	1h	121.67	−0.019%	$68K	$105K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	121.73	+0.034%	$1.3M	$1.2M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	121.64	−0.040%	$5K	$41K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	121.67	−0.015%	$2K	$2K	10x	as long as short
Lighter HOODshort	+0.0104%	1h	121.69	−0.003%	$2.8M	$3.1M	10x
Aevo HOOD-PERP	+0.0104%	1h	121.65	−0.030%	$16K	—	10x	as long as short
BloFin HOOD-USDT	+0.0120%	8h	121.70	+0.010%	$175K	$162K	20x	as long as short
Deribit HOOD_USDC-PERPETUAL	+0.0161%	1h	121.69	+0.001%	$7K	$68K	10x	as long as short
Phoenix HOOD	+0.0197%	1h	121.73	+0.034%	$28K	$239K	10x	as long as short
Injective HOOD/USDC PERP	+0.0345%	1h	121.36	−0.270%	$58K	$57K	30x	as long as short
edgeX HOODUSDC	+0.0553%	4h	121.63	−0.046%	$366K	$305K	10x	as long as short