Funding you earn now, next payment 09:00 UTC+0.0080%/8h= +8.8% APRpaid last 24h +0.026%
Price spread now: BloFin against Lighter−0.077%60s7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$320.318% of the position
Funding, last 7 days+0.058%+$6 on $10k
+Price spread, last 4 days (all we have)+0.220%+$22 · spread now −0.077%, 7d avg +0.023%
=Together, before fees+0.278%+ Points / potential airdropLighter: Season 3 · farm board+$28 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.100% cheaper against Lighter than usual: you would sell low and buy high (spread −0.077% now, against its 7-day average of +0.023%). If the spread goes back, that is −$10 on $10k: about 4.1 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.058% in total) that is about 12 days. The two prices were read 60 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 | Lighter HOOD | 121.06 | 0.0040 | pay 0.0005% / 1h | 19m 55s | $2.8M | $3.1M | 10x |
| Short | BloFin HOOD-USDT | 120.97 | 0.0120 | get 0.0120% / 8h | 7h 19m | $175K | $176K | 20x |
Lighter HOOD
BloFin HOOD-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Lighter. 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
- $16.8
- Price spread: −0.077% → +0.023%
- −$9.95
- Slippage, 4 orders
- −$19.8
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$24.95
- Costs to cover
- 0.318%
- Break-even
- 17.4 days
Slippage from Lighter: live order book, 7 min ago; BloFin: live order book, 45 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 Lighter live order book, 7 min ago | 2.71 bp | 9.1 bp −$9 | 17.9 bp −$179 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 45 min ago | 0.41 bp | 9.5 bp −$10 | 14.6 bp −$146 | 39.2 bp −$3,917 | 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 | −0.465% | $25K | $89K | 30x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.94 | −0.100% | $109K | $284K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.16 | +0.081% | $357K | $2.3M | 10x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.15 | +0.072% | $2.7M | $6.1M | 20x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 121.13 | +0.055% | $599K | $7.1M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 121.20 | +0.113% | $5.5M | $9.6M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.05 | −0.013% | $2.2M | $977K | — | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.07 | +0.006% | $991K | $8K | 10x | as long as short |
| Binance HOODUSDT | +0.0001% | 8h | 121.19 | +0.105% | $21.0M | $91.1M | 20x | as long as short |
| Vest HOOD-USD-PERP | +0.0003% | 1h | 120.77 | −0.242% | — | $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
Binance 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 | 121.15 | +0.072% | $3.7M | $8.1M | 25x | as long as short |
| QFEX HOOD-USD | +0.0038% | 1h | 120.97 | −0.077% | $1.3M | $2.8M | 10x | as long as short |
| Lighter HOODlong | +0.0040% | 1h | 121.06 | long leg | $2.8M | $3.1M | 10x | |
| Arcus HOOD-USD | +0.0040% | 1h | 120.90 | −0.135% | $1.1M | $1.8M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.08 | +0.014% | $51.1M | $26.7M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 120.92 | −0.118% | $252K | $336K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.85 | −0.176% | $1.2M | $1.4M | 15x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.91 | −0.129% | $74K | $107K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.01 | −0.044% | $1.3M | $1.4M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.25 | −0.672% | $5K | $36K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.98 | −0.069% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.05 | −0.010% | $16K | — | 10x | as long as short |
| GRVT HOOD_USDT_Perp | +0.0115% | 8h | 120.42 | −0.531% | $852K | $1.9M | 10x | as long as short |
| BloFin HOOD-USDTshort | +0.0120% | 8h | 120.97 | −0.077% | $175K | $176K | 20x | |
| Phoenix HOOD | +0.0133% | 1h | 120.29 | −0.639% | $28K | $238K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0200% | 1h | 119.88 | −0.977% | $195K | $1.8M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0248% | 1h | 120.93 | −0.112% | $721 | $4K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0411% | 1h | 121.04 | −0.019% | $6K | $53K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0421% | 1h | 121.01 | −0.044% | $428K | $1.3M | 10x | as long as short |
| edgeX HOODUSDC | +0.0499% | 4h | 120.19 | −0.721% | $362K | $303K | 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
Phoenix HOOD
Coinbase International HOOD-PERP-INTX
SoDEX HOOD-USD
Deribit HOOD_USDC-PERPETUAL
RISEx HOOD/USDC
edgeX HOODUSDC