Funding you earn now, next payment 09:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.075%
Price spread now: Deribit against Lighter+0.007%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter HOOD | 120.35 | 0.0032 | pay 0.0004% / 1h | 35m 07s | $2.8M | $3.1M | 10x |
| Short | Deribit HOOD_USDC-PERPETUAL | 120.36 | 0.0082 | get 0.0010% / 1h | 35m 07s | $6K | $53K | 10x |
Lighter HOOD
Deribit HOOD_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $10.59
- Price spread: +0.007% → 0.000%
- $0.75
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $4.34
- Costs to cover
- 0.070%
- Break-even
- 4.1 days
Slippage unknown: Lighter: live order book, 2 min ago; Deribit: no order-book sample. 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 Lighter live order book, 2 min ago | 1.25 bp | 1.2 bp −$1 | 3.5 bp −$35 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 | 119.92 | −0.358% | $58K | $61K | 30x | as long as short |
| Bitget HOODUSDT | −0.0060% | 8h | 120.38 | +0.024% | $5.5M | $9.8M | 20x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.39 | +0.033% | $108K | $284K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.37 | +0.015% | $355K | $2.2M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 120.39 | +0.032% | $20.8M | $91.6M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 120.36 | +0.007% | $3.7M | $8.6M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.38 | +0.024% | $2.7M | $6.2M | 20x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 120.37 | +0.016% | $600K | $7.0M | 50x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 120.36 | +0.008% | $2.2M | $980K | — | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 120.35 | −0.001% | $985K | $8K | 10x | as long as short |
Injective HOOD/USDC PERP
Bitget HOODUSDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Gate HOOD_USDT
Variational Omni HOOD
Phemex HOODUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest HOOD-USD-PERP | +0.0006% | 1h | 120.19 | −0.134% | — | $64K | 25x | as long as short |
| Lighter HOODlong | +0.0032% | 1h | 120.35 | long leg | $2.8M | $3.1M | 10x | |
| QFEX HOOD-USD | +0.0038% | 1h | 120.39 | +0.032% | $1.3M | $2.8M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.32 | −0.026% | $1.1M | $1.8M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 120.31 | −0.034% | $50.8M | $27.2M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 120.31 | −0.034% | $251K | $336K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.35 | −0.002% | $718 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.24 | −0.092% | $1.2M | $1.4M | 15x | as long as short |
| Deribit HOOD_USDC-PERPETUALshort | +0.0082% | 1h | 120.36 | +0.007% | $6K | $53K | 10x | |
| Pacifica HOOD | +0.0100% | 1h | 120.35 | −0.001% | $74K | $107K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.38 | +0.024% | $1.3M | $1.4M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.27 | −0.067% | $5K | $36K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.35 | −0.001% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.34 | −0.010% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.41 | +0.049% | $173K | $175K | 20x | as long as short |
| Phoenix HOOD | +0.0133% | 1h | 120.31 | −0.034% | $28K | $238K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0200% | 1h | 119.88 | −0.391% | $195K | $1.8M | 10x | as long as short |
| GRVT HOOD_USDT_Perp | +0.0243% | 8h | 120.31 | −0.037% | $852K | $1.9M | 10x | as long as short |
| edgeX HOODUSDC | +0.0292% | 4h | 120.34 | −0.008% | $362K | $303K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0421% | 1h | 120.41 | +0.051% | $418K | $1.4M | 10x | as long as short |
Vest HOOD-USD-PERP
QFEX HOOD-USD
Arcus HOOD-USD
tradeXYZ xyz:HOOD
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
BloFin HOOD-USDT
Phoenix HOOD
Coinbase International HOOD-PERP-INTX
GRVT HOOD_USDT_Perp
edgeX HOODUSDC
RISEx HOOD/USDC