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: Injective against Lighter+0.065%66s7-day average — · you sell dearer than you buy
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
The price spread pays, funding is against you. Injective is 0.065% dearer against Lighter than usual: you sell high and buy low (spread +0.065% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.510% in total) that is about 22 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 | Lighter HOOD | 121.13 | 0.0168 | pay 0.0021% / 1h | 40m 00s | $2.8M | $3.2M | 10x |
| Short | Injective HOOD/USDC PERP | 121.21 | −0.0440 | pay 0.0055% / 1h | 40m 00s | $58K | $57K | 30x |
Lighter HOOD
Injective HOOD/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$127.68
- Price spread: +0.065% → 0.000%
- $6.52
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$121.18
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Lighter: live order book, 7 min ago; Injective: 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, 7 min ago | 1.73 bp | 3.8 bp −$4 | 8.5 bp −$85 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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 PERPshort | −0.0440% | 1h | 121.21 | +0.065% | $58K | $57K | 30x | |
| Gate HOOD_USDT | −0.0104% | 8h | 121.17 | +0.032% | $574K | $7.7M | 50x | as long as short |
| Bitget HOODUSDT | −0.0025% | 8h | 121.21 | +0.065% | $5.4M | $9.7M | 20x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.14 | +0.011% | $106K | $280K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.12 | −0.013% | $357K | $1.4M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.15 | +0.016% | $20.8M | $91.1M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.17 | +0.032% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.19 | +0.049% | $2.7M | $6.0M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.15 | +0.012% | $383K | $1.4M | 10x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.08 | −0.039% | $2.3M | $1.1M | — | as long as short |
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 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 | 121.28 | +0.121% | $848K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.16 | +0.024% | $991K | $9K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0015% | 1h | 120.96 | −0.141% | — | $63K | 25x | as long as short |
| QFEX HOOD-USD | +0.0022% | 1h | 121.16 | +0.024% | $1.3M | $3.4M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.13 | −0.001% | $1.1M | $1.7M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0049% | 1h | 120.96 | −0.141% | $251K | $344K | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.09 | −0.034% | $51.4M | $28.4M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.12 | −0.010% | $729 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.95 | −0.149% | $1.2M | $1.5M | 15x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.11 | −0.014% | $68K | $109K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.20 | +0.057% | $1.3M | $1.2M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.14 | +0.007% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.13 | −0.001% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.11 | −0.016% | $16K | — | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0120% | 1h | 121.10 | −0.026% | $193K | $1.9M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 121.14 | +0.007% | $174K | $160K | 20x | as long as short |
| Phoenix HOOD | +0.0132% | 1h | 121.18 | +0.040% | $27K | $238K | 10x | as long as short |
| Lighter HOODlong | +0.0168% | 1h | 121.13 | long leg | $2.8M | $3.2M | 10x | |
| edgeX HOODUSDC | +0.0244% | 4h | 121.22 | +0.070% | $365K | $303K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0411% | 1h | 121.12 | −0.009% | $6K | $57K | 10x | as long as short |
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Vest HOOD-USD-PERP
QFEX HOOD-USD
Arcus HOOD-USD
Polymarket Perps 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
Coinbase International HOOD-PERP-INTX
BloFin HOOD-USDT
Phoenix HOOD
edgeX HOODUSDC
Deribit HOOD_USDC-PERPETUAL