Funding you earn now, next payment 09:00 UTC+0.0039%/8h= +4.3% APRpaid last 24h +0.010%
Price spread now: Lighter against Binance−0.070%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$330.329% of the position
Funding, last 7 days+0.208%+$21 on $10k
+Price spread, last 7 days−0.021%−$2 · spread now −0.070%, 7d avg −0.039%
=Together, before fees+0.186%+ Points / potential airdropLighter: Season 3 · farm board+$19 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.031% cheaper against Binance than usual: you would sell low and buy high (spread −0.070% now, against its 7-day average of −0.039%). If the spread goes back, that is −$3 on $10k: about 2.6 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.208% in total) that is about 25 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HOODUSDT | 121.01 | 0.0001 | pay 0.0001% / 8h | 7h 20m | $20.9M | $90.9M | 20x |
| Short | Lighter HOOD | 120.92 | 0.0040 | get 0.0005% / 1h | 20m 33s | $2.8M | $3.1M | 10x |
Binance HOODUSDT
Lighter HOODFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Binance. 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
- $8.29
- Price spread: −0.070% → −0.039%
- −$3.12
- Slippage, 4 orders
- −$22.88
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$27.71
- Costs to cover
- 0.329%
- Break-even
- 30.4 days
Slippage from Binance: live order book, 7 min ago; Lighter: live order book, 7 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 Binance live order book, 7 min ago | 1.25 bp | 9.6 bp −$10 | 19.1 bp −$191 | 65.8 bp −$6,583 | doesn't fit |
| Sell Lighter live order book, 7 min ago | 2.71 bp | 6.8 bp −$7 | 16.8 bp −$168 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective HOOD/USDC PERP | −0.0440% | 1h | 120.50 | −0.421% | $25K | $89K | 30x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.88 | −0.107% | $109K | $284K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.98 | −0.024% | $357K | $2.3M | 10x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.02 | +0.008% | $2.7M | $6.1M | 20x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 120.97 | −0.033% | $598K | $7.1M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 121.01 | 0.000% | $5.5M | $9.6M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.05 | +0.031% | $2.2M | $977K | — | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.06 | +0.041% | $991K | $8K | 10x | as long as short |
| Binance HOODUSDTlong | +0.0001% | 8h | 121.01 | long leg | $20.9M | $90.9M | 20x | |
| Vest HOOD-USD-PERP | +0.0003% | 1h | 120.77 | −0.198% | — | $64K | 25x | as long as short |
Injective HOOD/USDC PERP
Aster HOODUSDT
Extended HOOD_24_5-USD
OKX HOOD-USDT-SWAP
Gate HOOD_USDT
Bitget HOODUSDT
Variational Omni HOOD
Phemex HOODUSDT
Vest HOOD-USD-PERPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit HOODUSDT | +0.0009% | 8h | 120.95 | −0.050% | $3.7M | $8.1M | 25x | as long as short |
| QFEX HOOD-USD | +0.0038% | 1h | 120.97 | −0.033% | $1.3M | $2.8M | 10x | as long as short |
| Lighter HOODshort | +0.0040% | 1h | 120.92 | −0.070% | $2.8M | $3.1M | 10x | |
| Arcus HOOD-USD | +0.0040% | 1h | 120.90 | −0.091% | $1.1M | $1.8M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 120.94 | −0.058% | $51.1M | $26.7M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 120.92 | −0.074% | $252K | $336K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.85 | −0.132% | $1.2M | $1.4M | 15x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.91 | −0.085% | $74K | $107K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.78 | −0.190% | $1.3M | $1.4M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.25 | −0.628% | $5K | $36K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.79 | −0.182% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.86 | −0.125% | $16K | — | 10x | as long as short |
| GRVT HOOD_USDT_Perp | +0.0115% | 8h | 120.42 | −0.488% | $852K | $1.9M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.97 | −0.033% | $175K | $176K | 20x | as long as short |
| Phoenix HOOD | +0.0133% | 1h | 120.29 | −0.595% | $28K | $238K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0134% | 1h | 120.70 | −0.256% | $719 | $4K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0200% | 1h | 119.88 | −0.934% | $195K | $1.8M | 10x | as long as short |
| RISEx HOOD/USDC | +0.0421% | 1h | 121.01 | 0.000% | $428K | $1.3M | 10x | as long as short |
| edgeX HOODUSDC | +0.0499% | 4h | 120.19 | −0.677% | $362K | $303K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.1240% | 1h | 120.97 | −0.033% | $6K | $53K | 10x | as long as short |
Bybit HOODUSDT
QFEX HOOD-USD
Arcus HOOD-USD
tradeXYZ xyz:HOOD
Polymarket Perps HOOD-USD
Ondo Perps HOOD-USD.P
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
GRVT HOOD_USDT_Perp
BloFin HOOD-USDT
Phoenix HOOD
SoDEX HOOD-USD
Coinbase International HOOD-PERP-INTX
RISEx HOOD/USDC
edgeX HOODUSDC
Deribit HOOD_USDC-PERPETUAL