HOOD

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0134%/8h= +14.7% APRnext payment +$0.17 per $10,000 · paid last 24h +0.010%

Price spread now: Lighter against SoDEX−0.063%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on SoDEX Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 3 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

Funding pays, the price is against you. Lighter is 0.063% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.063% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 37 hours of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX HOOD-USD	121.21	0.0050	pay 0.0006% / 1h	17m 15s	$728	$4K	10x
Short	Lighter HOOD	121.13	0.0184	get 0.0023% / 1h	17m 15s	$2.8M	$3.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against SoDEX. 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 SoDEXbpFee LighterbpOrdersPrice spread, now −0.063%Rate

Funding earned: $28.14
Price spread: −0.063% → 0.000%: −$6.27
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Lighter: 0 bp × 2 orders: $0
Net: $13.87
Costs to cover: 0.080%
Break-even: 3.5 days

Slippage unknown: SoDEX: no order-book sample; Lighter: live order book, 5 min ago. 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 SoDEX no order-book sample	—	—	—	—	—
Sell Lighter live order book, 5 min ago	0.91 bp	1.0 bp −$1	3.5 bp −$35	378.8 bp −$37.9K	doesn't fit

SoDEX: 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
Injective HOOD/USDC PERP	−0.0440%	1h	120.88	−0.269%	$58K	$57K	30x	as long as short
Gate HOOD_USDT	−0.0125%	8h	121.27	+0.053%	$572K	$7.7M	50x	as long as short
Bitget HOODUSDT	−0.0110%	8h	121.25	+0.036%	$5.4M	$9.7M	20x	as long as short
Aster HOODUSDT	0.0000%	8h	121.08	−0.102%	$106K	$280K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	121.22	+0.008%	$360K	$1.4M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	121.23	+0.020%	$20.8M	$91.3M	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	121.23	+0.020%	$3.9M	$8.7M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	121.23	+0.020%	$2.7M	$6.0M	20x	as long as short
RISEx HOOD/USDC	0.0000%	1h	121.22	+0.012%	$383K	$1.4M	10x	as long as short
Variational Omni HOOD	0.0000%	8h	121.18	−0.022%	$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	121.17	−0.030%	$849K	$2.0M	10x	as long as short
Phemex HOODUSDT	0.0000%	8h	121.23	+0.020%	$992K	$9K	10x	as long as short
Vest HOOD-USD-PERP	+0.0016%	1h	120.99	−0.178%	—	$63K	25x	as long as short
QFEX HOOD-USD	+0.0022%	1h	121.20	−0.005%	$1.3M	$3.2M	10x	as long as short
Arcus HOOD-USD	+0.0040%	1h	121.10	−0.087%	$1.1M	$1.7M	10x	as long as short
tradeXYZ xyz:HOOD	+0.0050%	1h	121.13	−0.063%	$51.3M	$28.4M	10x	as long as short
Polymarket Perps HOOD-USD	+0.0050%	1h	121.03	−0.145%	$251K	$344K	10x	as long as short
SoDEX HOOD-USDlong	+0.0050%	1h	121.21	long leg	$728	$4K	10x
Ondo Perps HOOD-USD.P	+0.0050%	1h	121.12	−0.071%	$1.2M	$1.5M	15x	as long as short
Pacifica HOOD	+0.0100%	1h	121.21	+0.001%	$68K	$107K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	121.18	−0.021%	$1.3M	$1.2M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	121.12	−0.071%	$5K	$41K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	121.18	−0.021%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	121.16	−0.041%	$16K	—	10x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0120%	1h	121.10	−0.087%	$193K	$1.9M	10x	as long as short
BloFin HOOD-USDT	+0.0120%	8h	121.19	−0.013%	$174K	$159K	20x	as long as short
Phoenix HOOD	+0.0132%	1h	121.18	−0.021%	$28K	$238K	10x	as long as short
Lighter HOODshort	+0.0184%	1h	121.13	−0.063%	$2.8M	$3.2M	10x
edgeX HOODUSDC	+0.0547%	4h	121.10	−0.085%	$364K	$304K	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	+0.1072%	1h	121.18	−0.021%	$6K	$54K	10x	as long as short