Funding you earn now, next payment 08:00 UTC+0.0143%/8h= +15.7% APRpaid last 24h +0.017%
Price spread now: Lighter against Bitget−0.120%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs+$2as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$280.276% of the position
Funding, last 7 days+0.294%+$29 on $10k
+Price spread, last 7 days+0.111%+$11 · spread now −0.120%, 7d avg −0.055%
=Together, before fees+0.405%+ Points / potential airdropLighter: Season 3 · farm board+$40 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.065% cheaper against Bitget than usual: you would sell low and buy high (spread −0.120% now, against its 7-day average of −0.055%). If the spread goes back, that is −$6 on $10k: about 36 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget HOODUSDT | 120.74 | −0.0103 | get 0.0103% / 8h | 53m 12s | $5.5M | $10.0M | 20x |
| Short | Lighter HOOD | 120.59 | 0.0040 | get 0.0005% / 1h | 53m 12s | $2.8M | $3.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bitget. 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
- $30.03
- Price spread: −0.120% → −0.055%
- −$6.47
- Slippage, 4 orders
- −$15.62
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$4.06
- Costs to cover
- 0.276%
- Break-even
- 7.9 days
Slippage from Bitget: live order book, just now; Lighter: live order book, 4 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 Bitget live order book, just now | 1.66 bp | 11.7 bp −$12 | 21.6 bp −$216 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 4 min ago | 1.28 bp | 1.6 bp −$2 | 3.6 bp −$36 | 269.4 bp −$26.9K | 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 | 120.38 | −0.298% | $57K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0175% | 8h | 120.66 | −0.066% | $600K | $7.6M | 50x | as long as short |
| Bitget HOODUSDTlong | −0.0103% | 8h | 120.74 | long leg | $5.5M | $10.0M | 20x | |
| Polymarket Perps HOOD-USD | −0.0026% | 1h | 120.44 | −0.248% | $251K | $345K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.66 | −0.063% | $105K | $281K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.57 | −0.142% | $356K | $2.2M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 120.62 | −0.099% | $20.8M | $92.2M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 120.60 | −0.116% | $3.7M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.64 | −0.083% | $2.7M | $6.2M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 120.67 | −0.060% | $2.2M | $1.0M | — | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 120.66 | −0.066% | $849K | $2.0M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 120.59 | −0.124% | $6K | $52K | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 120.63 | −0.091% | $987K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0019% | 1h | 120.42 | −0.265% | — | $63K | 25x | as long as short |
| Lighter HOODshort | +0.0040% | 1h | 120.59 | −0.120% | $2.8M | $3.2M | 10x | |
| Arcus HOOD-USD | +0.0040% | 1h | 120.59 | −0.124% | $1.1M | $1.7M | 10x | as long as short |
| QFEX HOOD-USD | +0.0046% | 1h | 120.63 | −0.091% | $1.3M | $2.9M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 120.54 | −0.166% | $51.2M | $27.0M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.58 | −0.131% | $722 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.59 | −0.124% | $1.2M | $1.4M | 15x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.66 | −0.068% | $74K | $111K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.63 | −0.091% | $1.3M | $1.3M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.60 | −0.116% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.60 | −0.116% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.58 | −0.135% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.74 | 0.000% | $174K | $165K | 20x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0192% | 1h | 120.67 | −0.058% | $197K | $1.8M | 10x | as long as short |
| Phoenix HOOD | +0.0265% | 1h | 120.65 | −0.075% | $28K | $238K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0479% | 1h | 120.69 | −0.046% | $397K | $1.4M | 10x | as long as short |
| edgeX HOODUSDC | +0.0833% | 4h | 120.68 | −0.047% | $363K | $303K | 10x | as long as short |
Bitget HOODUSDT
Lighter HOOD
Injective HOOD/USDC PERP
Gate HOOD_USDT
Polymarket Perps HOOD-USD
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Deribit HOOD_USDC-PERPETUAL
Phemex HOODUSDT
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
BloFin HOOD-USDT
Coinbase International HOOD-PERP-INTX
Phoenix HOOD
RISEx HOOD/USDC
edgeX HOODUSDC