HOOD

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h −0.059%

Price spread now: Lighter against RISEx−0.011%7-day average −0.057% · 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−$9as in the Price arb table

costs, in and out, $10k−$130.133% of the position

Long on RISEx Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.117%−$12 on $10k

Price spread, last 5 days (all we have)−0.153%−$15 · spread now −0.011%, 7d avg −0.057%

Together, before fees−0.270%+ Points / potential airdropLighter: Season 3 · farm board−$27 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.046% dearer against RISEx than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.057%. Mind the row above: over the last 4 days funding on this pair cost −0.117%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx HOOD/USDC	121.34	0	get 0.0000% / 1h	32m 38s	$397K	$1.4M	10x
Short	Lighter HOOD	121.33	0.0032	get 0.0004% / 1h	32m 38s	$2.8M	$3.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against RISEx. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee RISExbpFee LighterbpOrdersPrice spread, now −0.011%Rate

Funding earned: $6.72
Price spread: −0.011% → −0.057%: $4.65
Slippage, 4 orders: −$7.27
Fee RISEx: 3 bp × 2 orders: −$6
Fee Lighter: 0 bp × 2 orders: $0
Net: −$1.9
Costs to cover: 0.133%
Break-even: 9.0 days

Slippage from RISEx: live order book, 1 min ago; Lighter: live order book, 10 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 RISEx live order book, 1 min ago	0.82 bp	6.3 bp −$6	7.7 bp −$77	doesn't fit	doesn't fit
Sell Lighter live order book, 10 min ago	0.95 bp	1.6 bp −$2	4.7 bp −$47	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	121.05	−0.243%	$58K	$57K	30x	as long as short
Polymarket Perps HOOD-USD	−0.0132%	1h	121.12	−0.185%	$251K	$344K	10x	as long as short
Gate HOOD_USDT	−0.0041%	8h	121.37	+0.021%	$575K	$7.7M	50x	as long as short
Aster HOODUSDT	0.0000%	8h	121.32	−0.022%	$106K	$280K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	121.33	−0.011%	$358K	$1.3M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	121.37	+0.017%	$20.9M	$90.9M	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	121.33	−0.012%	$3.9M	$8.7M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	121.33	−0.012%	$2.7M	$6.0M	20x	as long as short
RISEx HOOD/USDClong	0.0000%	1h	121.34	long leg	$397K	$1.4M	10x
Bitget HOODUSDT	0.0000%	8h	121.41	+0.054%	$5.4M	$9.6M	20x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni HOOD	0.0000%	8h	121.22	−0.104%	$2.3M	$1.1M	—	as long as short
GRVT HOOD_USDT_Perp	0.0000%	8h	121.30	−0.038%	$856K	$2.0M	10x	as long as short
Phemex HOODUSDT	0.0000%	8h	121.36	+0.012%	$993K	$8K	10x	as long as short
Vest HOOD-USD-PERP	+0.0021%	1h	121.09	−0.210%	—	$62K	25x	as long as short
QFEX HOOD-USD	+0.0029%	1h	121.24	−0.087%	$1.3M	$3.6M	10x	as long as short
Lighter HOODshort	+0.0032%	1h	121.33	−0.011%	$2.8M	$3.1M	10x
Arcus HOOD-USD	+0.0040%	1h	121.20	−0.119%	$1.1M	$1.7M	10x	as long as short
tradeXYZ xyz:HOOD	+0.0050%	1h	121.25	−0.078%	$51.8M	$28.2M	10x	as long as short
SoDEX HOOD-USD	+0.0050%	1h	121.25	−0.077%	$732	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	121.24	−0.087%	$1.2M	$1.5M	15x	as long as short
edgeX HOODUSDC	+0.0083%	4h	121.27	−0.063%	$365K	$305K	10x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0096%	1h	121.10	−0.202%	$193K	$1.9M	10x	as long as short
Pacifica HOOD	+0.0100%	1h	121.31	−0.029%	$68K	$105K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	121.38	+0.029%	$1.3M	$1.2M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	121.26	−0.070%	$5K	$41K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	121.24	−0.087%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	121.25	−0.079%	$16K	—	10x	as long as short
BloFin HOOD-USDT	+0.0120%	8h	121.31	−0.029%	$175K	$162K	20x	as long as short
Phoenix HOOD	+0.0132%	1h	121.27	−0.062%	$27K	$238K	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	+0.0245%	1h	121.27	−0.062%	$7K	$55K	10x	as long as short