Funding you earn now, next payment 10:00 UTC−0.0119%/8h= −13.0% APRpaid last 24h −0.016%
Price spread now: Variational Omni against Lighter−0.017%7-day average +0.035% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.036%−$4 on $10k
+Price spread, last 7 days+0.154%+$15 · spread now −0.017%, 7d avg +0.035%
=Together, before fees+0.119%+ Points / potential airdropLighter: Season 3 · Variational Omni: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Variational Omni is 0.053% cheaper against Lighter than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.035%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter HOOD | 122.06 | 0.0160 | pay 0.0020% / 1h | 14m 53s | $2.9M | $3.0M | 10x |
| Short | Variational Omni HOOD | 122.03 | 0.0041 | get 0.0041% / 8h | 6h 14m | $2.3M | $915K | — |
Lighter HOOD
Variational Omni HOODFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$24.95
- Price spread: −0.017% → +0.035%
- −$5.26
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$30.22
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 6 min ago; Variational Omni: RFQ quote, 2 min ago. 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, 6 min ago | 1.27 bp | 1.4 bp −$1 | 5.5 bp −$55 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 4.05 bp | doesn't fit | 20.7 bp −$207 | doesn't fit | doesn't fit |
HOOD on 30 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HOODUSDT | 0.0000% | 8h | 122.08 | +0.020% | $110K | $284K | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 122.08 | +0.020% | $3.7M | $7.4M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.05 | −0.004% | $2.7M | $6.0M | 20x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.06 | +0.004% | $582K | $6.9M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.11 | +0.045% | $5.6M | $9.1M | 20x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 122.03 | −0.020% | $999K | $7K | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 122.04 | −0.012% | $1.1M | $1.9M | 10x | as long as short |
| Variational Omni HOODshort | +0.0041% | 8h | 122.03 | −0.017% | $2.3M | $915K | — | |
| Vest HOOD-USD-PERP | +0.0046% | 1h | 121.88 | −0.143% | — | $64K | 25x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 121.99 | −0.053% | $252K | $337K | 10x | as long as short |
Aster HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Gate HOOD_USDT
Bitget HOODUSDT
Phemex HOODUSDT
Arcus HOOD-USD
Vest HOOD-USD-PERP
Polymarket Perps HOOD-USDShow all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX HOOD-USD | +0.0050% | 1h | 122.03 | −0.019% | $727 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.88 | −0.143% | $1.3M | $1.3M | 15x | as long as short |
| QFEX HOOD-USD | +0.0062% | 1h | 122.04 | −0.012% | $1.3M | $2.7M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.01 | −0.038% | $73K | $114K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.00 | −0.045% | $1.7M | $1.5M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.87 | −0.152% | $5K | $29K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.08 | +0.020% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.04 | −0.010% | $16K | — | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0145% | 1h | 122.02 | −0.029% | $51.4M | $25.6M | 10x | as long as short |
| Lighter HOODlong | +0.0160% | 1h | 122.06 | long leg | $2.9M | $3.0M | 10x | |
| Extended HOOD_24_5-USD | +0.0176% | 1h | 122.04 | −0.011% | $418K | $2.5M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0176% | 1h | 121.81 | −0.201% | $229K | $1.6M | 10x | as long as short |
| Binance HOODUSDT | +0.0176% | 8h | 122.10 | +0.037% | $21.3M | $87.3M | 20x | as long as short |
| Phoenix HOOD | +0.0197% | 1h | 122.00 | −0.045% | $28K | $239K | 10x | as long as short |
| BloFin HOOD-USDT | +0.0296% | 8h | 122.08 | +0.020% | $174K | $180K | 20x | as long as short |
| edgeX HOODUSDC | +0.0304% | 4h | 122.03 | −0.020% | $367K | $304K | 10x | as long as short |
| GRVT HOOD_USDT_Perp | +0.0433% | 8h | 122.03 | −0.018% | $857K | $1.8M | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0440% | 1h | 121.69 | −0.299% | $28K | $96K | 30x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0817% | 1h | 122.02 | −0.029% | $6K | $41K | 10x | as long as short |
| RISEx HOOD/USDC | +0.1124% | 1h | 122.15 | +0.079% | $437K | $1.3M | 10x | as long as short |
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
QFEX HOOD-USD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
tradeXYZ xyz:HOOD
Extended HOOD_24_5-USD
Coinbase International HOOD-PERP-INTX
Binance HOODUSDT
Phoenix HOOD
BloFin HOOD-USDT
edgeX HOODUSDC
GRVT HOOD_USDT_Perp
Injective HOOD/USDC PERP
Deribit HOOD_USDC-PERPETUAL
RISEx HOOD/USDC