Funding you earn now, next payment 02:00 UTC−0.0129%/8h= −14.1% APRnext payment −$0.16 per $10,000 · paid last 24h −0.072%
Price spread now: Lighter against Deribit+0.010%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit HOOD_USDC-PERPETUAL | 121.79 | 0.0161 | pay 0.0020% / 1h | 35m 07s | $7K | $68K | 10x |
| Short | Lighter HOOD | 121.80 | 0.0032 | get 0.0004% / 1h | 35m 07s | $2.9M | $3.0M | 10x |
Deribit HOOD_USDC-PERPETUAL
Lighter HOODFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Deribit. 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
- −$27.03
- Price spread: +0.010% → 0.000%
- $0.99
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$33.04
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Lighter: live order book, 2 min ago. Net counts fees only.
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 Deribit no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 2 min ago | 1.81 bp | 1.9 bp −$2 | 6.8 bp −$68 | 424.9 bp −$42.5K | doesn't fit |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps HOOD-USD | −0.0122% | 1h | 121.56 | −0.189% | $252K | $344K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.75 | −0.035% | $107K | $273K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.75 | −0.034% | $358K | $1.4M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.75 | −0.033% | $21.1M | $90.8M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.77 | −0.016% | $3.9M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.76 | −0.025% | $2.8M | $5.9M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.77 | −0.021% | $374K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 121.78 | −0.008% | $577K | $7.7M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 121.81 | +0.016% | $5.4M | $9.6M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.75 | −0.036% | $2.3M | $1.1M | — | as long as short |
Polymarket Perps HOOD-USD
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Bitget HOODUSDT
Variational Omni HOODShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 121.45 | −0.281% | $853K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.72 | −0.057% | $996K | $8K | 10x | as long as short |
| Lighter HOODshort | +0.0032% | 1h | 121.80 | +0.010% | $2.9M | $3.0M | 10x | |
| Vest HOOD-USD-PERP | +0.0033% | 1h | 121.62 | −0.140% | — | $63K | 25x | as long as short |
| QFEX HOOD-USD | +0.0034% | 1h | 121.75 | −0.033% | $1.3M | $4.0M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.60 | −0.156% | $1.1M | $1.7M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.75 | −0.029% | $733 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.60 | −0.156% | $1.2M | $1.6M | 15x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0064% | 1h | 121.42 | −0.304% | $196K | $1.9M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0071% | 1h | 121.71 | −0.066% | $52.5M | $28.0M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.78 | −0.010% | $68K | $111K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.70 | −0.074% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.55 | −0.197% | $5K | $92K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.74 | −0.041% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.73 | −0.047% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 122.00 | +0.172% | $182K | $162K | 20x | as long as short |
| Deribit HOOD_USDC-PERPETUALlong | +0.0161% | 1h | 121.79 | long leg | $7K | $68K | 10x | |
| Injective HOOD/USDC PERP | +0.0186% | 1h | 121.38 | −0.337% | $58K | $57K | 30x | as long as short |
| Phoenix HOOD | +0.0261% | 1h | 121.63 | −0.131% | $28K | $237K | 10x | as long as short |
| edgeX HOODUSDC | +0.0374% | 4h | 121.36 | −0.355% | $365K | $304K | 10x | as long as short |
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Vest HOOD-USD-PERP
QFEX HOOD-USD
Arcus HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Coinbase International HOOD-PERP-INTX
tradeXYZ xyz:HOOD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
BloFin HOOD-USDT
Injective HOOD/USDC PERP
Phoenix HOOD
edgeX HOODUSDC