Funding you earn now, next payment 05:00 UTC−0.0278%/8h= −30.4% APRpaid last 24h −0.016%
Price spread now: Bitget against Lighter+0.104%7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$250.254% of the position
Funding, last 7 days−0.299%−$30 on $10k
+Price spread, last 7 days−0.134%−$13 · spread now +0.104%, 7d avg +0.055%
=Together, before fees−0.432%+ Points / potential airdropLighter: Season 3 · farm board−$43 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.049% dearer against Lighter than usual: you sell high and buy low (spread +0.104% now, against its 7-day average of +0.055%): +$5 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 14 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter HOOD | 121.12 | 0.0168 | pay 0.0021% / 1h | 17m 22s | $2.8M | $3.2M | 10x |
| Short | Bitget HOODUSDT | 121.25 | −0.0110 | pay 0.0110% / 8h | 3h 17m | $5.4M | $9.7M | 20x |
Lighter HOOD
Bitget HOODUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Lighter. 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
- −$58.38
- Price spread: +0.104% → +0.055%
- $4.89
- Slippage, 4 orders
- −$13.37
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$78.86
- Costs to cover
- 0.254%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 5 min ago; Bitget: live order book, 1 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 Lighter live order book, 5 min ago | 0.91 bp | 0.9 bp −$1 | 3.3 bp −$33 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 2.47 bp | 11.5 bp −$11 | 24.6 bp −$246 | doesn't fit | 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 | 120.89 | −0.193% | $58K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0125% | 8h | 121.27 | +0.121% | $572K | $7.7M | 50x | as long as short |
| Bitget HOODUSDTshort | −0.0110% | 8h | 121.25 | +0.104% | $5.4M | $9.7M | 20x | |
| Aster HOODUSDT | 0.0000% | 8h | 121.09 | −0.029% | $106K | $280K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.19 | +0.052% | $360K | $1.4M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.25 | +0.104% | $20.8M | $91.3M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.23 | +0.088% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.23 | +0.088% | $2.7M | $6.0M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.22 | +0.079% | $383K | $1.4M | 10x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.18 | +0.045% | $2.3M | $1.1M | — | as long as short |
Injective HOOD/USDC PERP
Gate HOOD_USDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
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 | 121.17 | +0.038% | $849K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.23 | +0.088% | $992K | $9K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0016% | 1h | 120.99 | −0.111% | — | $63K | 25x | as long as short |
| QFEX HOOD-USD | +0.0022% | 1h | 121.20 | +0.063% | $1.3M | $3.2M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.10 | −0.020% | $1.1M | $1.7M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.13 | +0.005% | $51.3M | $28.4M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 121.03 | −0.078% | $251K | $344K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.16 | +0.033% | $728 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.12 | −0.003% | $1.2M | $1.5M | 15x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.21 | +0.068% | $68K | $107K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.18 | +0.046% | $1.3M | $1.2M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.12 | −0.003% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.18 | +0.046% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.10 | −0.016% | $16K | — | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0120% | 1h | 121.10 | −0.020% | $193K | $1.9M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 121.18 | +0.046% | $174K | $159K | 20x | as long as short |
| Phoenix HOOD | +0.0132% | 1h | 121.18 | +0.046% | $28K | $238K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0163% | 1h | 121.08 | −0.036% | $6K | $54K | 10x | as long as short |
| Lighter HOODlong | +0.0168% | 1h | 121.12 | long leg | $2.8M | $3.2M | 10x | |
| edgeX HOODUSDC | +0.0547% | 4h | 121.10 | −0.017% | $364K | $304K | 10x | as long as short |
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Vest HOOD-USD-PERP
QFEX HOOD-USD
Arcus HOOD-USD
tradeXYZ xyz:HOOD
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
Coinbase International HOOD-PERP-INTX
BloFin HOOD-USDT
Phoenix HOOD
Deribit HOOD_USDC-PERPETUAL
edgeX HOODUSDC