Funding you earn now, next payment 08:00 UTC+0.0071%/8h= +7.8% APRpaid last 24h +0.104%
Price spread now: edgeX against Lighter−0.062%109s7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as 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−$250.254% of the position
Funding, last 7 days+0.036%+$4 on $10k
+Price spread, last 4 days (all we have)+0.231%+$23 · spread now −0.062%, 7d avg +0.018%
=Together, before fees+0.267%+ Points / potential airdropLighter: Season 3 · edgeX: Active · farm board+$27 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.080% cheaper against Lighter than usual: you would sell low and buy high (spread −0.062% now, against its 7-day average of +0.018%). If the spread goes back, that is −$8 on $10k: about 3.8 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.036% in total) that is about 15 days. The two prices were read 109 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 | 120.46 | 0.0072 | pay 0.0009% / 1h | 3m 37s | $2.8M | $3.2M | 10x |
| Short | edgeX HOODUSDC | 120.38 | 0.0143 | get 0.0071% / 4h | 3m 37s | $362K | $304K | 10x |
Lighter HOOD
edgeX HOODUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $14.87
- Price spread: −0.062% → +0.018%
- −$7.99
- Slippage, 4 orders
- −$16.45
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$18.57
- Costs to cover
- 0.254%
- Break-even
- 15.7 days
Slippage from Lighter: live order book, 4 min ago; edgeX: live order book, 35 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, 4 min ago | 0.87 bp | 0.9 bp −$1 | 2.6 bp −$26 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 35 min ago | 6.63 bp | 11.7 bp −$12 | 20.9 bp −$209 | 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 | 120.22 | −0.197% | $57K | $57K | 30x | as long as short |
| Bitget HOODUSDT | −0.0162% | 8h | 120.55 | +0.077% | $5.5M | $9.9M | 20x | as long as short |
| Gate HOOD_USDT | −0.0160% | 8h | 120.50 | +0.036% | $598K | $7.6M | 50x | as long as short |
| Polymarket Perps HOOD-USD | −0.0028% | 1h | 120.29 | −0.139% | $251K | $345K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.47 | +0.008% | $105K | $281K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.48 | +0.018% | $358K | $2.2M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 120.51 | +0.043% | $20.8M | $91.8M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 120.41 | −0.039% | $3.7M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.43 | −0.022% | $2.7M | $6.2M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 120.39 | −0.057% | $2.2M | $1.0M | — | as long as short |
Injective HOOD/USDC PERP
Bitget HOODUSDT
Gate HOOD_USDT
Polymarket Perps HOOD-USD
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Variational Omni HOODShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 120.38 | −0.062% | $847K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 120.50 | +0.036% | $986K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0016% | 1h | 120.25 | −0.172% | — | $63K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.35 | −0.089% | $1.1M | $1.7M | 10x | as long as short |
| QFEX HOOD-USD | +0.0046% | 1h | 120.47 | +0.011% | $1.3M | $2.9M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 120.41 | −0.039% | $51.1M | $26.9M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.45 | −0.004% | $720 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.28 | −0.147% | $1.3M | $1.4M | 15x | as long as short |
| Lighter HOODlong | +0.0072% | 1h | 120.46 | long leg | $2.8M | $3.2M | 10x | |
| Pacifica HOOD | +0.0100% | 1h | 120.43 | −0.022% | $74K | $111K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.47 | +0.011% | $1.3M | $1.4M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.35 | −0.089% | $5K | $40K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.45 | −0.006% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.43 | −0.021% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.45 | −0.006% | $173K | $175K | 20x | as long as short |
| edgeX HOODUSDCshort | +0.0143% | 4h | 120.38 | −0.062% | $362K | $304K | 10x | |
| Coinbase International HOOD-PERP-INTX | +0.0192% | 1h | 120.33 | −0.105% | $196K | $1.8M | 10x | as long as short |
| Phoenix HOOD | +0.0265% | 1h | 120.38 | −0.064% | $28K | $238K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0415% | 1h | 120.47 | +0.011% | $6K | $52K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0479% | 1h | 120.52 | +0.048% | $417K | $1.4M | 10x | as long as short |
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Vest HOOD-USD-PERP
Arcus HOOD-USD
QFEX HOOD-USD
tradeXYZ xyz:HOOD
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
Coinbase International HOOD-PERP-INTX
Phoenix HOOD
Deribit HOOD_USDC-PERPETUAL
RISEx HOOD/USDC