Spread before costs (cost unknown: a leg has no order-book sample)−0.014%
7d average—if it closes, per $10,000$1funding while held, a day+$4.98
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX HOOD-USD | 124.04 | 0.0050 | pay 0.0006% / 1h | 21m 11s | $740 | $3K | 10x |
| Short | Lighter HOOD | 124.02 | 0.0216 | get 0.0027% / 1h | 21m 11s | $3.2M | $1.8M | 10x |
SoDEX HOOD-USD
Lighter HOODPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$1.37
- Funding while held
- $4.98
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$4.39
- Spread needed to break even
- 0.080%
Slippage unknown: SoDEX: no order-book sample; Lighter: live order book, 3 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0166%
- Per $10,000 a day
- +$4.98
- Average in range /8h
- —
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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 3 min ago | 1.53 bp | 2.0 bp −$2 | 10.8 bp −$108 | 258.9 bp −$25.9K | doesn't fit |
SoDEX: 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 price on every exchange
against the cheapest. Click to use as the short leg.Polymarket Perps123.97cheapestBybit123.98+0.008%Binance123.99+0.016%OKX123.99+0.016%Phemex123.99+0.016%
Polymarket Perps
Bybit
Binance
OKX
PhemexLighter124.02+0.040%
Ondo Perps124.02+0.040%Deribit124.02+0.040%Extended124.03+0.047%Orderly124.03+0.048%
Ondo Perps
Deribit
Extended
OrderlySoDEX124.04+0.054%
Aevo124.05+0.062%Vest124.06+0.073%tradeXYZ124.07+0.081%Arcus124.08+0.089%Bitget124.08+0.089%Pacifica124.08+0.090%QFEX124.09+0.097%Gate124.09+0.097%KuCoin124.09+0.097%Injective124.14+0.137%Coinbase International124.14+0.137%Aster124.16+0.152%BloFin124.20+0.186%RISEx124.24+0.220%Variational Omni124.25+0.230%ApeX Omni124.26+0.234%Phoenix124.30+0.266%edgeX124.38+0.328%
Aevo
Vest
tradeXYZ
Arcus
Bitget
Pacifica
QFEX
Gate
KuCoin
Injective
Coinbase International
Aster
BloFin
RISEx
Variational Omni
ApeX Omni
PhoenixHOOD on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Polymarket Perps HOOD-USD | −0.054% | +0.0050% | 1h | $254K | $243K | 10x | as long as short |
| Bybit HOODUSDT | −0.046% | 0.0000% | 8h | $4.2M | $7.2M | 25x | as long as short |
| Binance HOODUSDT | −0.038% | +0.0285% | 8h | $24.7M | $61.3M | 20x | as long as short |
| OKX HOOD-USDT-SWAP | −0.038% | +0.0049% | 8h | $3.1M | $5.0M | 20x | as long as short |
| Phemex HOODUSDT | −0.038% | 0.0000% | 8h | $1.0M | $8K | 10x | as long as short |
| Lighter HOODshort | −0.014% | +0.0216% | 1h | $3.2M | $1.8M | 10x | |
| Ondo Perps HOOD-USD.P | −0.014% | +0.0050% | 1h | $1.5M | $1.3M | 15x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | −0.014% | +0.0234% | 1h | $7K | $193K | 10x | as long as short |
| Extended HOOD_24_5-USD | −0.007% | +0.0288% | 1h | $417K | $1.1M | 10x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | −0.006% | +0.0100% | 8h | $2K | $2K | 10x | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX HOOD-USDlong | 0.000% | +0.0050% | 1h | $740 | $3K | 10x | |
| Aevo HOOD-PERP | +0.008% | +0.0104% | 1h | $16K | — | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.019% | +0.0046% | 1h | — | $56K | 25x | as long as short |
| tradeXYZ xyz:HOOD | +0.027% | +0.0234% | 1h | $54.2M | $21.1M | 10x | as long as short |
| Arcus HOOD-USD | +0.035% | +0.0448% | 1h | $1.1M | $1.7M | 10x | as long as short |
| Bitget HOODUSDT | +0.035% | +0.0171% | 8h | $5.8M | $8.1M | 20x | as long as short |
| Pacifica HOOD | +0.035% | +0.0100% | 1h | $71K | $95K | 10x | as long as short |
| QFEX HOOD-USD | +0.043% | +0.0065% | 1h | $1.4M | $3.0M | 10x | as long as short |
| Gate HOOD_USDT | +0.043% | 0.0000% | 8h | $586K | $6.9M | 50x | as long as short |
| KuCoin HOODUSDTM | +0.043% | +0.0100% | 8h | $1.3M | $911K | 20x | as long as short |
| Injective HOOD/USDC PERP | +0.083% | −0.0014% | 1h | $63K | $180K | 30x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.083% | +0.0072% | 1h | $541K | $1.3M | 10x | as long as short |
| Aster HOODUSDT | +0.098% | 0.0000% | 8h | $126K | $186K | 20x | as long as short |
| BloFin HOOD-USDT | +0.131% | +0.0405% | 8h | $196K | $121K | 20x | as long as short |
| RISEx HOOD/USDC | +0.166% | +0.0346% | 1h | $392K | $1.5M | 10x | as long as short |
| Variational Omni HOOD | +0.175% | +0.0201% | 8h | $2.4M | $1.0M | — | as long as short |
| ApeX Omni HOODUSDT | +0.180% | +0.0100% | 1h | $46K | $256K | 50x | as long as short |
| Phoenix HOOD | +0.212% | +0.0197% | 1h | $31K | $125K | 10x | as long as short |
| edgeX HOODUSDC | +0.274% | +0.0805% | 4h | $374K | $304K | 10x | as long as short |