Funding you earn now, next payment 05:00 UTC+0.0608%/8h= +66.6% APRnext payment +$0.76 per $10,000 · paid last 24h −0.009%
Price spread now: Lighter against Injective−0.065%66s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.510%+$51 on $10k
+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 0.065% cheaper against Injective than usual: you would sell low and buy high (spread −0.065% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 9 hours of funding at the current rate (+$18 a day). At the pace of the last 7 days (+0.510% in total) that is about 21 hours. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective HOOD/USDC PERP | 121.21 | −0.0440 | get 0.0055% / 1h | 40m 22s | $58K | $57K | 30x |
| Short | Lighter HOOD | 121.13 | 0.0168 | get 0.0021% / 1h | 40m 22s | $2.8M | $3.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Injective. 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
- $127.68
- Price spread: −0.065% → 0.000%
- −$6.52
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $121.14
- Costs to cover
- 0.000%
- Break-even
- 0.4 days
Slippage unknown: Injective: no order-book sample; Lighter: live order book, 7 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 Injective no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 7 min ago | 1.73 bp | 1.8 bp −$2 | 3.2 bp −$32 | 310.4 bp −$31.0K | doesn't fit |
Injective: 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 PERPlong | −0.0440% | 1h | 121.21 | long leg | $58K | $57K | 30x | |
| Gate HOOD_USDT | −0.0104% | 8h | 121.18 | −0.025% | $574K | $7.7M | 50x | as long as short |
| Bitget HOODUSDT | −0.0025% | 8h | 121.21 | 0.000% | $5.4M | $9.7M | 20x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.13 | −0.064% | $106K | $280K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.11 | −0.083% | $357K | $1.4M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.14 | −0.055% | $20.8M | $91.1M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.17 | −0.033% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.19 | −0.017% | $2.7M | $6.0M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.15 | −0.053% | $383K | $1.4M | 10x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.08 | −0.104% | $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 | 121.28 | +0.056% | $848K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.16 | −0.041% | $991K | $9K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0015% | 1h | 120.96 | −0.206% | — | $63K | 25x | as long as short |
| QFEX HOOD-USD | +0.0022% | 1h | 121.16 | −0.041% | $1.3M | $3.4M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.13 | −0.066% | $1.1M | $1.7M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0049% | 1h | 120.96 | −0.206% | $251K | $344K | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.09 | −0.099% | $51.4M | $28.4M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.12 | −0.075% | $729 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.95 | −0.215% | $1.2M | $1.5M | 15x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.11 | −0.079% | $68K | $109K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.19 | −0.017% | $1.3M | $1.2M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.14 | −0.058% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.13 | −0.066% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.11 | −0.081% | $16K | — | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0120% | 1h | 121.10 | −0.091% | $193K | $1.9M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 121.14 | −0.058% | $174K | $160K | 20x | as long as short |
| Phoenix HOOD | +0.0132% | 1h | 121.18 | −0.025% | $27K | $238K | 10x | as long as short |
| Lighter HOODshort | +0.0168% | 1h | 121.13 | −0.065% | $2.8M | $3.2M | 10x | |
| edgeX HOODUSDC | +0.0244% | 4h | 121.22 | +0.005% | $365K | $303K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0411% | 1h | 121.12 | −0.074% | $6K | $57K | 10x | as long as short |
Injective HOOD/USDC PERP
Lighter HOOD
Gate HOOD_USDT
Bitget HOODUSDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Polymarket Perps HOOD-USD
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Coinbase International HOOD-PERP-INTX
BloFin HOOD-USDT
Phoenix HOOD
edgeX HOODUSDC
Deribit HOOD_USDC-PERPETUAL