Funding you earn now, next payment 05:00 UTC+0.0024%/8h= +2.6% APRpaid last 24h −0.025%
Price spread now: Lighter against BloFin+0.068%7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$7as in the Price arb table
costs, in and out, $10k−$160.160% of the position
Funding, last 7 days−0.057%−$6 on $10k
+Price spread, last 4 days (all we have)−0.133%−$13 · spread now +0.068%, 7d avg −0.025%
=Together, before fees−0.189%+ Points / potential airdropLighter: Season 3 · farm board−$19 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 0.092% dearer against BloFin than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.025%. Mind the row above: over the last 7 days funding on this pair cost −0.057%, 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 | BloFin HOOD-USDT | 120.99 | 0.0120 | pay 0.0120% / 8h | 3h 05m | $174K | $161K | 20x |
| Short | Lighter HOOD | 121.07 | 0.0144 | get 0.0018% / 1h | 5m 02s | $2.8M | $3.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BloFin. 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
- $5.04
- Price spread: +0.068% → −0.025%
- $9.24
- Slippage, 4 orders
- −$4.01
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$1.74
- Costs to cover
- 0.160%
- Break-even
- 9.4 days
Slippage from BloFin: live order book, 15 min ago; Lighter: live order book, 2 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 BloFin live order book, 15 min ago | 0.82 bp | 6.8 bp −$7 | 11.7 bp −$117 | 29.1 bp −$2,906 | doesn't fit |
| Sell Lighter live order book, 2 min ago | 0.50 bp | 0.8 bp −$1 | 3.9 bp −$39 | 316.7 bp −$31.7K | 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 | 120.88 | −0.091% | $58K | $57K | 30x | as long as short |
| Bitget HOODUSDT | −0.0152% | 8h | 121.15 | +0.132% | $5.4M | $9.7M | 20x | as long as short |
| Gate HOOD_USDT | −0.0136% | 8h | 121.12 | +0.107% | $582K | $7.7M | 50x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.09 | +0.085% | $106K | $280K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.03 | +0.031% | $360K | $1.4M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.15 | +0.132% | $20.8M | $91.3M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.10 | +0.091% | $3.9M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.07 | +0.066% | $2.7M | $6.1M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.08 | +0.070% | $383K | $1.4M | 10x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.00 | +0.007% | $2.3M | $1.1M | — | 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 | 120.93 | −0.049% | $848K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.10 | +0.091% | $991K | $9K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0015% | 1h | 120.78 | −0.174% | — | $63K | 25x | as long as short |
| QFEX HOOD-USD | +0.0022% | 1h | 121.06 | +0.058% | $1.3M | $3.1M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.91 | −0.066% | $1.1M | $1.7M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.05 | +0.050% | $51.3M | $28.3M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 120.88 | −0.091% | $251K | $344K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.04 | +0.045% | $727 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.86 | −0.107% | $1.2M | $1.5M | 15x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.04 | +0.038% | $67K | $107K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.01 | +0.017% | $1.3M | $1.3M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.88 | −0.091% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.06 | +0.058% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.03 | +0.037% | $16K | — | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0120% | 1h | 121.10 | +0.091% | $193K | $1.9M | 10x | as long as short |
| BloFin HOOD-USDTlong | +0.0120% | 8h | 120.99 | long leg | $174K | $161K | 20x | |
| Phoenix HOOD | +0.0132% | 1h | 120.94 | −0.041% | $28K | $238K | 10x | as long as short |
| Lighter HOODshort | +0.0144% | 1h | 121.07 | +0.068% | $2.8M | $3.2M | 10x | |
| Deribit HOOD_USDC-PERPETUAL | +0.0246% | 1h | 121.05 | +0.050% | $6K | $54K | 10x | as long as short |
| edgeX HOODUSDC | +0.0805% | 4h | 120.91 | −0.064% | $364K | $304K | 10x | as long as short |
BloFin HOOD-USDT
Lighter HOOD
Injective HOOD/USDC PERP
Bitget HOODUSDT
Gate HOOD_USDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
tradeXYZ xyz:HOOD
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Coinbase International HOOD-PERP-INTX
Phoenix HOOD
Deribit HOOD_USDC-PERPETUAL
edgeX HOODUSDC