Funding you earn now, next payment 08:00 UTC+0.0042%/8h= +4.7% APRnext payment +$0.05 per $10,000 · paid last 24h +0.017%
Price spread now: Lighter against QFEX−0.030%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$190.189% of the position
Funding, last 4 days (all we have)+0.046%+$5 on $10k
+Price spread, last 7 days−0.005%$0 · spread now −0.030%, 7d avg +0.014%
=Together, before fees+0.041%+ Points / potential airdropLighter: Season 3 · farm board+$4 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.043% cheaper against QFEX than usual: you would sell low and buy high (spread −0.030% now, against its 7-day average of +0.014%). If the spread goes back, that is −$4 on $10k: about 3.4 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX HOOD-USD | 120.55 | 0.0046 | pay 0.0006% / 1h | 32m 05s | $1.3M | $2.9M | 10x |
| Short | Lighter HOOD | 120.51 | 0.0088 | get 0.0011% / 1h | 32m 05s | $2.8M | $3.2M | 10x |
QFEX HOOD-USD
Lighter HOODFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against QFEX. 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
- $8.92
- Price spread: −0.030% → +0.014%
- −$4.35
- Slippage, 4 orders
- −$8.88
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$14.31
- Costs to cover
- 0.189%
- Break-even
- 18.2 days
Slippage from QFEX: live order book, 6 min ago; Lighter: live order book, 5 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 QFEX live order book, 6 min ago | 2.48 bp | 7.5 bp −$7 | 9.0 bp −$90 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 5 min ago | 1.62 bp | 1.7 bp −$2 | 4.1 bp −$41 | 347.5 bp −$34.8K | 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 | 120.48 | −0.058% | $57K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0176% | 8h | 120.57 | +0.017% | $598K | $7.6M | 50x | as long as short |
| Bitget HOODUSDT | −0.0091% | 8h | 120.62 | +0.058% | $5.5M | $9.9M | 20x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.57 | +0.017% | $105K | $281K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.51 | −0.035% | $356K | $2.2M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 120.55 | −0.002% | $20.8M | $92.0M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 120.55 | 0.000% | $3.7M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.54 | −0.008% | $2.7M | $6.2M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 120.66 | +0.088% | $2.2M | $1.0M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 120.58 | +0.024% | $852K | $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 | 120.56 | +0.008% | $986K | $8K | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0001% | 1h | 120.34 | −0.174% | $251K | $345K | 10x | as long as short |
| edgeX HOODUSDC | +0.0017% | 4h | 120.74 | +0.157% | $363K | $304K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0020% | 1h | 120.36 | −0.158% | — | $63K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.53 | −0.017% | $1.1M | $1.7M | 10x | as long as short |
| QFEX HOOD-USDlong | +0.0046% | 1h | 120.55 | long leg | $1.3M | $2.9M | 10x | |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 120.50 | −0.041% | $51.1M | $26.9M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.52 | −0.022% | $722 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.49 | −0.050% | $1.3M | $1.4M | 15x | as long as short |
| Lighter HOODshort | +0.0088% | 1h | 120.51 | −0.030% | $2.8M | $3.2M | 10x | |
| Pacifica HOOD | +0.0100% | 1h | 120.53 | −0.020% | $74K | $111K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.56 | +0.008% | $1.3M | $1.4M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.50 | −0.041% | $5K | $40K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.52 | −0.025% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.50 | −0.039% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.59 | +0.033% | $173K | $170K | 20x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0192% | 1h | 120.67 | +0.100% | $197K | $1.8M | 10x | as long as short |
| Phoenix HOOD | +0.0265% | 1h | 120.71 | +0.133% | $28K | $238K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0331% | 1h | 120.52 | −0.025% | $6K | $52K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0479% | 1h | 120.62 | +0.058% | $397K | $1.4M | 10x | as long as short |
Phemex HOODUSDT
Polymarket Perps HOOD-USD
edgeX HOODUSDC
Vest HOOD-USD-PERP
Arcus HOOD-USD
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
BloFin HOOD-USDT
Coinbase International HOOD-PERP-INTX
Phoenix HOOD
Deribit HOOD_USDC-PERPETUAL
RISEx HOOD/USDC