Funding you earn now, next payment 05:00 UTC−0.0144%/8h= −15.8% APRpaid last 24h −0.030%
Price spread now: Phemex against Lighter−0.037%7-day average +0.021% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.380%−$38 on $10k
+Price spread, last 4 days (all we have)+0.091%+$9 · spread now −0.037%, 7d avg +0.021%
=Together, before fees−0.289%+ Points / potential airdropLighter: Season 3 · farm board−$29 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Phemex is 0.059% cheaper against Lighter than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.021%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter HOOD | 121.14 | 0.0144 | pay 0.0018% / 1h | 4m 46s | $2.8M | $3.2M | 10x |
| Short | Phemex HOODUSDT | 121.10 | 0 | get 0.0000% / 8h | 3h 04m | $991K | $9K | 10x |
Lighter HOOD
Phemex HOODUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- −$30.24
- Price spread: −0.037% → +0.021%
- −$5.86
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$48.1
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 3 min ago; Phemex: live order book, 33 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 Lighter live order book, 3 min ago | 0.50 bp | 0.8 bp −$1 | 3.5 bp −$35 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 33 min ago | 2.06 bp | doesn't fit | doesn't fit | 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 | 120.88 | −0.219% | $58K | $57K | 30x | as long as short |
| Bitget HOODUSDT | −0.0152% | 8h | 121.16 | +0.012% | $5.4M | $9.7M | 20x | as long as short |
| Gate HOOD_USDT | −0.0136% | 8h | 121.19 | +0.037% | $582K | $7.7M | 50x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.09 | −0.049% | $106K | $280K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.12 | −0.022% | $360K | $1.4M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.15 | +0.004% | $20.8M | $91.3M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.17 | +0.021% | $3.9M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.15 | +0.004% | $2.7M | $6.1M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.08 | −0.058% | $383K | $1.4M | 10x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.00 | −0.121% | $2.3M | $1.1M | — | as long as short |
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 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 | 120.93 | −0.176% | $848K | $2.0M | 10x | as long as short |
| Phemex HOODUSDTshort | 0.0000% | 8h | 121.10 | −0.037% | $991K | $9K | 10x | |
| Vest HOOD-USD-PERP | +0.0015% | 1h | 120.78 | −0.301% | — | $63K | 25x | as long as short |
| QFEX HOOD-USD | +0.0022% | 1h | 121.06 | −0.070% | $1.3M | $3.1M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.91 | −0.194% | $1.1M | $1.7M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.09 | −0.045% | $51.3M | $28.3M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 120.88 | −0.219% | $251K | $344K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.04 | −0.083% | $727 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.86 | −0.235% | $1.2M | $1.5M | 15x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.04 | −0.090% | $67K | $107K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.08 | −0.054% | $1.3M | $1.3M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.88 | −0.219% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.06 | −0.070% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.03 | −0.091% | $16K | — | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0120% | 1h | 121.10 | −0.037% | $193K | $1.9M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.99 | −0.128% | $174K | $161K | 20x | as long as short |
| Phoenix HOOD | +0.0132% | 1h | 120.94 | −0.169% | $28K | $238K | 10x | as long as short |
| Lighter HOODlong | +0.0144% | 1h | 121.14 | long leg | $2.8M | $3.2M | 10x | |
| Deribit HOOD_USDC-PERPETUAL | +0.0246% | 1h | 121.05 | −0.078% | $6K | $54K | 10x | as long as short |
| edgeX HOODUSDC | +0.0805% | 4h | 120.91 | −0.191% | $364K | $304K | 10x | as long as short |
GRVT HOOD_USDT_Perp
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