After costs, if the gap returns to its 7d average, $10k−$12
spread now+0.031%7d average−0.020%fees + slippage, in and out−$18spread needed0.175%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HOODUSDT | 124.10 | 0.0047 | pay 0.0047% / 8h | 6h 26m | $24.3M | $76.2M | 20x |
| Short | Lighter HOOD | 124.14 | 0.0032 | get 0.0004% / 1h | 26m 38s | $3.2M | $1.9M | 10x |
Binance HOODUSDT
Lighter HOODPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $3.06
- Funding while held
- −$0.45
- Slippage, 4 orders
- −$7.51
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$14.9
- Spread needed to break even
- 0.175%
Slippage from Binance: live order book, 2 min ago; Lighter: live order book, 7 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0015%
- Per $10,000 a day
- −$0.45
- Average in range /8h
- —
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 Binance live order book, 2 min ago | 0.40 bp | 7.4 bp −$7 | 14.8 bp −$148 | 44.1 bp −$4,414 | doesn't fit |
| Sell Lighter live order book, 7 min ago | 1.41 bp | 1.4 bp −$1 | 4.1 bp −$41 | 191.0 bp −$19.1K | doesn't fit |
HOOD price on every exchange
against the cheapest. Click to use as the short leg.Polymarket Perps123.87cheapestVest123.99+0.097%Ondo Perps124.00+0.105%ApeX Omni124.02+0.121%SoDEX124.03+0.128%BloFin124.05+0.145%Aevo124.05+0.145%Orderly124.07+0.161%Aster124.08+0.170%Arcus124.08+0.170%tradeXYZ124.09+0.178%Gate124.09+0.178%Deribit124.09+0.178%Phemex124.09+0.178%Pacifica124.09+0.181%
Polymarket Perps
Vest
Ondo Perps
ApeX Omni
SoDEX
BloFin
Aevo
Orderly
Aster
Arcus
tradeXYZ
Gate
Deribit
Phemex
PacificaBinance124.10+0.186%
Bybit124.10+0.186%OKX124.10+0.186%KuCoin124.11+0.194%RISEx124.12+0.202%Extended124.12+0.204%Bitget124.13+0.210%
Bybit
OKX
KuCoin
RISEx
Extended
BitgetLighter124.14+0.216%
QFEX124.14+0.218%Phoenix124.18+0.250%edgeX124.19+0.257%Variational Omni124.40+0.429%Coinbase International124.44+0.460%Injective124.51+0.517%
QFEX
Phoenix
Variational Omni
Coinbase International
InjectiveHOOD on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Polymarket Perps HOOD-USD | −0.185% | −0.0052% | 1h | $252K | $282K | 10x | as long as short |
| Vest HOOD-USD-PERP | −0.089% | +0.0046% | 1h | — | $63K | 25x | as long as short |
| Ondo Perps HOOD-USD.P | −0.081% | +0.0050% | 1h | $1.4M | $1.3M | 15x | as long as short |
| ApeX Omni HOODUSDT | −0.064% | +0.0100% | 1h | $45K | $252K | 50x | as long as short |
| SoDEX HOOD-USD | −0.058% | +0.0050% | 1h | $746 | $3K | 10x | as long as short |
| BloFin HOOD-USDT | −0.040% | +0.0169% | 8h | $192K | $119K | 20x | as long as short |
| Aevo HOOD-PERP | −0.040% | +0.0104% | 1h | $16K | — | 10x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | −0.024% | +0.0100% | 8h | $2K | $2K | 10x | as long as short |
| Aster HOODUSDT | −0.016% | 0.0000% | 8h | $118K | $247K | 20x | as long as short |
| Arcus HOOD-USD | −0.016% | +0.0040% | 1h | $1.1M | $1.8M | 10x | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:HOOD | −0.008% | +0.0050% | 1h | $52.2M | $27.0M | 10x | as long as short |
| Gate HOOD_USDT | −0.008% | 0.0000% | 8h | $560K | $7.5M | 50x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | −0.008% | +0.0314% | 1h | $6K | $184K | 10x | as long as short |
| Phemex HOODUSDT | −0.008% | 0.0000% | 8h | $1.0M | $8K | 10x | as long as short |
| Pacifica HOOD | −0.005% | +0.0100% | 1h | $78K | $102K | 10x | as long as short |
| Binance HOODUSDTlong | 0.000% | +0.0047% | 8h | $24.3M | $76.2M | 20x | |
| Bybit HOODUSDT | 0.000% | 0.0000% | 8h | $4.1M | $7.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.000% | 0.0000% | 8h | $3.0M | $5.3M | 20x | as long as short |
| KuCoin HOODUSDTM | +0.008% | +0.0100% | 8h | $1.3M | $1.0M | 20x | as long as short |
| RISEx HOOD/USDC | +0.016% | 0.0000% | 1h | $422K | $1.4M | 10x | as long as short |
| Extended HOOD_24_5-USD | +0.018% | +0.0048% | 1h | $421K | $1.2M | 10x | as long as short |
| Bitget HOODUSDT | +0.024% | +0.0072% | 8h | $5.7M | $8.7M | 20x | as long as short |
| Lighter HOODshort | +0.031% | +0.0032% | 1h | $3.2M | $1.9M | 10x | |
| QFEX HOOD-USD | +0.032% | +0.0031% | 1h | $1.3M | $3.6M | 10x | as long as short |
| Phoenix HOOD | +0.064% | +0.0192% | 1h | $28K | $183K | 10x | as long as short |
| edgeX HOODUSDC | +0.071% | +0.0271% | 4h | $374K | $304K | 10x | as long as short |
| Variational Omni HOOD | +0.243% | 0.0000% | 8h | $2.4M | $1.0M | — | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.274% | +0.0248% | 1h | $474K | $1.5M | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.330% | +0.0377% | 1h | $64K | $144K | 30x | as long as short |