Settings8H · net · $10k
Funding arb · Price arb /

HOOD

RWAall HOOD markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget HOODUSDT120.74−0.0103get 0.0103% / 8h53m 12s$5.5M$10.0M20x
ShortLighter HOOD120.590.0040get 0.0005% / 1h53m 12s$2.8M$3.2M10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, just now1.66 bp11.7 bp −$1221.6 bp −$216doesn't fitdoesn't fit
Sell Lighter live order book, 4 min ago1.28 bp1.6 bp −$23.6 bp −$36269.4 bp −$26.9Kdoesn't fit

HOOD on 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective HOOD/USDC PERP−0.0440%1h120.38−0.298%$57K$57K30xas long as short
Gate HOOD_USDT−0.0175%8h120.66−0.066%$600K$7.6M50xas long as short
Bitget HOODUSDTlong−0.0103%8h120.74long leg$5.5M$10.0M20x
Polymarket Perps HOOD-USD−0.0026%1h120.44−0.248%$251K$345K10xas long as short
Aster HOODUSDT0.0000%8h120.66−0.063%$105K$281K20xas long as short
Extended HOOD_24_5-USD0.0000%1h120.57−0.142%$356K$2.2M10xas long as short
Binance HOODUSDT0.0000%8h120.62−0.099%$20.8M$92.2M20xas long as short
Bybit HOODUSDT0.0000%8h120.60−0.116%$3.7M$8.8M25xas long as short
OKX HOOD-USDT-SWAP0.0000%8h120.64−0.083%$2.7M$6.2M20xas long as short
Variational Omni HOOD0.0000%8h120.67−0.060%$2.2M$1.0Mas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT HOOD_USDT_Perp0.0000%8h120.66−0.066%$849K$2.0M10xas long as short
Deribit HOOD_USDC-PERPETUAL0.0000%1h120.59−0.124%$6K$52K10xas long as short
Phemex HOODUSDT0.0000%8h120.63−0.091%$987K$8K10xas long as short
Vest HOOD-USD-PERP+0.0019%1h120.42−0.265%$63K25xas long as short
Lighter HOODshort+0.0040%1h120.59−0.120%$2.8M$3.2M10x
Arcus HOOD-USD+0.0040%1h120.59−0.124%$1.1M$1.7M10xas long as short
QFEX HOOD-USD+0.0046%1h120.63−0.091%$1.3M$2.9M10xas long as short
tradeXYZ xyz:HOOD+0.0050%1h120.54−0.166%$51.2M$27.0M10xas long as short
SoDEX HOOD-USD+0.0050%1h120.58−0.131%$722$4K10xas long as short
Ondo Perps HOOD-USD.P+0.0050%1h120.59−0.124%$1.2M$1.4M15xas long as short
Pacifica HOOD+0.0100%1h120.66−0.068%$74K$111K10xas long as short
KuCoin HOODUSDTM+0.0100%8h120.63−0.091%$1.3M$1.3M20xas long as short
ApeX Omni HOODUSDT+0.0100%1h120.60−0.116%$5K$41K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h120.60−0.116%$2K$2K10xas long as short
Aevo HOOD-PERP+0.0104%1h120.58−0.135%$16K10xas long as short
BloFin HOOD-USDT+0.0120%8h120.740.000%$174K$165K20xas long as short
Coinbase International HOOD-PERP-INTX+0.0192%1h120.67−0.058%$197K$1.8M10xas long as short
Phoenix HOOD+0.0265%1h120.65−0.075%$28K$238K10xas long as short
RISEx HOOD/USDC+0.0479%1h120.69−0.046%$397K$1.4M10xas long as short
edgeX HOODUSDC+0.0833%4h120.68−0.047%$363K$303K10xas long as short