Funding you earn now, next payment 07:00 UTC−0.0020%/8h= −2.2% APRpaid last 24h +0.001%
Price spread now: Lighter against KuCoin+0.068%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$1031.034% of the position
Funding, last 7 days+0.285%+$28 on $10k
+Price spread, last 7 days−0.056%−$6 · spread now +0.068%, 7d avg −0.008%
=Together, before fees+0.229%+ Points / potential airdropLighter: Season 3 · farm board+$23 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.076% dearer against KuCoin than usual: you sell high and buy low (spread +0.068% now, against its 7-day average of −0.008%): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 13 days. Mind the row above: over the last 7 days funding on this pair paid +0.285%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin HOODUSDTM | 120.75 | 0.0100 | pay 0.0100% / 8h | 1h 24m | $1.3M | $1.3M | 20x |
| Short | Lighter HOOD | 120.83 | 0.0080 | get 0.0010% / 1h | 24m 24s | $2.8M | $3.2M | 10x |
KuCoin HOODUSDTM
Lighter HOODFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against KuCoin. 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
- −$4.2
- Price spread: +0.068% → −0.008%
- $7.57
- Slippage, 4 orders
- −$91.42
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$100.05
- Costs to cover
- 1.034%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 11 min ago; Lighter: live order book, 13 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 KuCoin live order book, 11 min ago | 2.49 bp | 63.7 bp −$64 | 502.0 bp −$5,020 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 13 min ago | 1.24 bp | 1.3 bp −$1 | 3.7 bp −$37 | 405.5 bp −$40.5K | 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 | −0.0392% | 1h | 120.34 | −0.340% | $57K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0177% | 8h | 120.88 | +0.108% | $600K | $7.7M | 50x | as long as short |
| Bitget HOODUSDT | −0.0170% | 8h | 120.89 | +0.116% | $5.4M | $9.9M | 20x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.81 | +0.053% | $106K | $281K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.82 | +0.059% | $356K | $1.3M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 120.83 | +0.066% | $20.8M | $92.4M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 120.82 | +0.058% | $3.7M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.86 | +0.091% | $2.7M | $6.2M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 120.83 | +0.069% | $2.3M | $1.0M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 120.71 | −0.034% | $845K | $2.0M | 10x | as long as short |
Injective HOOD/USDC PERP
Gate HOOD_USDT
Bitget HOODUSDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Variational Omni HOOD
GRVT HOOD_USDT_PerpShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex HOODUSDT | 0.0000% | 8h | 120.84 | +0.075% | $989K | $9K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0017% | 1h | 120.62 | −0.108% | — | $63K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.67 | −0.066% | $1.1M | $1.7M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 120.62 | −0.108% | $251K | $345K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.85 | +0.080% | $722 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.56 | −0.157% | $1.2M | $1.4M | 15x | as long as short |
| QFEX HOOD-USD | +0.0062% | 1h | 120.82 | +0.058% | $1.3M | $2.9M | 10x | as long as short |
| Lighter HOODshort | +0.0080% | 1h | 120.83 | +0.068% | $2.8M | $3.2M | 10x | |
| tradeXYZ xyz:HOOD | +0.0081% | 1h | 120.75 | 0.000% | $51.3M | $27.7M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.83 | +0.070% | $67K | $106K | 10x | as long as short |
| KuCoin HOODUSDTMlong | +0.0100% | 8h | 120.75 | long leg | $1.3M | $1.3M | 20x | |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.63 | −0.099% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.82 | +0.058% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.84 | +0.077% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.90 | +0.124% | $174K | $160K | 20x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0184% | 1h | 120.60 | −0.124% | $196K | $1.8M | 10x | as long as short |
| Phoenix HOOD | +0.0198% | 1h | 120.61 | −0.116% | $28K | $238K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0365% | 1h | 120.86 | +0.090% | $395K | $1.4M | 10x | as long as short |
| edgeX HOODUSDC | +0.0415% | 4h | 120.67 | −0.065% | $363K | $303K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0744% | 1h | 120.88 | +0.108% | $6K | $52K | 10x | as long as short |
Phemex HOODUSDT
Vest HOOD-USD-PERP
Arcus HOOD-USD
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
QFEX HOOD-USD
tradeXYZ xyz:HOOD
Pacifica HOOD
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
BloFin HOOD-USDT
Coinbase International HOOD-PERP-INTX
Phoenix HOOD
RISEx HOOD/USDC
edgeX HOODUSDC
Deribit HOOD_USDC-PERPETUAL