Funding you earn now, next payment 06:00 UTC+0.0013%/8h= +1.4% APRnext payment +$0.02 per $10,000 · paid last 24h −0.018%
Price spread now: QFEX against Lighter−0.040%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$160.157% of the position
Funding, last 4 days (all we have)−0.044%−$4 on $10k
+Price spread, last 7 days−0.017%−$2 · spread now −0.040%, 7d avg −0.014%
=Together, before fees−0.061%+ Points / potential airdropLighter: Season 3 · farm board−$6 on $10k · with fees, hour by hour
Funding pays, the price is against you. QFEX is 0.026% cheaper against Lighter than usual: you would sell low and buy high (spread −0.040% now, against its 7-day average of −0.014%). If the spread goes back, that is −$3 on $10k: about 6.7 days of funding at the current rate ($0 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter HOOD | 121.33 | 0.0040 | pay 0.0005% / 1h | 9m 51s | $2.8M | $3.2M | 10x |
| Short | QFEX HOOD-USD | 121.28 | 0.0053 | get 0.0007% / 1h | 9m 51s | $1.3M | $3.0M | 10x |
Lighter HOOD
QFEX HOOD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $2.7
- Price spread: −0.040% → −0.014%
- −$2.58
- Slippage, 4 orders
- −$5.7
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$15.57
- Costs to cover
- 0.157%
- Break-even
- 47.3 days
Slippage from Lighter: live order book, 2 min ago; QFEX: live order book, 3 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, 2 min ago | 0.70 bp | 0.7 bp −$1 | 4.4 bp −$44 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 3 min ago | 2.07 bp | 7.1 bp −$7 | 7.7 bp −$77 | 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 | 120.56 | −0.633% | $57K | $57K | 30x | as long as short |
| Bitget HOODUSDT | −0.0212% | 8h | 121.38 | +0.043% | $5.5M | $9.9M | 20x | as long as short |
| Gate HOOD_USDT | −0.0167% | 8h | 121.37 | +0.035% | $605K | $7.7M | 50x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.23 | −0.078% | $106K | $281K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.31 | −0.018% | $358K | $1.3M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.37 | +0.034% | $20.8M | $92.1M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.37 | +0.035% | $3.7M | $8.9M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.37 | +0.035% | $2.7M | $6.2M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.31 | −0.016% | $2.3M | $1.0M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 120.98 | −0.288% | $856K | $2.0M | 10x | as long as short |
Injective HOOD/USDC PERP
Bitget HOODUSDT
Gate HOOD_USDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Variational Omni HOOD
GRVT HOOD_USDT_PerpShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex HOODUSDT | 0.0000% | 8h | 121.33 | +0.002% | $993K | $9K | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0006% | 1h | 121.10 | −0.188% | $251K | $344K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0010% | 1h | 121.04 | −0.237% | — | $63K | 25x | as long as short |
| Lighter HOODlong | +0.0040% | 1h | 121.33 | long leg | $2.8M | $3.2M | 10x | |
| Arcus HOOD-USD | +0.0040% | 1h | 121.02 | −0.254% | $1.1M | $1.7M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.23 | −0.081% | $51.5M | $28.1M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.30 | −0.021% | $724 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.00 | −0.270% | $1.2M | $1.4M | 15x | as long as short |
| QFEX HOOD-USDshort | +0.0053% | 1h | 121.28 | −0.040% | $1.3M | $3.0M | 10x | |
| Pacifica HOOD | +0.0100% | 1h | 121.26 | −0.058% | $68K | $105K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.23 | −0.081% | $1.3M | $1.3M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.88 | −0.369% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.35 | +0.018% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.31 | −0.019% | $16K | — | 10x | as long as short |
| RISEx HOOD/USDC | +0.0109% | 1h | 121.33 | +0.005% | $379K | $1.5M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 121.35 | +0.018% | $174K | $159K | 20x | as long as short |
| Phoenix HOOD | +0.0132% | 1h | 120.95 | −0.312% | $28K | $238K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0184% | 1h | 120.34 | −0.814% | $192K | $1.8M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0905% | 1h | 121.34 | +0.010% | $6K | $54K | 10x | as long as short |
| edgeX HOODUSDC | +0.0989% | 4h | 121.02 | −0.255% | $364K | $303K | 10x | as long as short |
Phemex HOODUSDT
Polymarket Perps HOOD-USD
Vest HOOD-USD-PERP
Arcus 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
RISEx HOOD/USDC
BloFin HOOD-USDT
Phoenix HOOD
Coinbase International HOOD-PERP-INTX
Deribit HOOD_USDC-PERPETUAL
edgeX HOODUSDC