Funding you earn now, next payment 00:00 UTC−0.0073%/8h= −8.0% APRnext payment −$0.09 per $10,000 · paid last 24h −0.016%
Price spread now: QFEX against ApeX Omni−0.033%7-day average +0.016% · 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−$129as in the Price arb table
costs, in and out, $10k−$1241.242% of the position
Funding, last 3 days (all we have)−0.082%−$8 on $10k
+Price spread, last 3 days (all we have)+0.047%+$5 · spread now −0.033%, 7d avg +0.016%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and QFEX is 0.049% cheaper against ApeX Omni than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.016%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni HOODUSDT | 122.86 | 0.0100 | pay 0.0013% / 1h | 17m 14s | $5K | $132K | 50x |
| Short | QFEX HOOD-USD | 122.82 | 0.0027 | get 0.0003% / 1h | 17m 14s | $1.3M | $4.3M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against ApeX Omni. 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
- −$15.32
- Price spread: −0.033% → +0.016%
- −$4.88
- Slippage, 4 orders
- −$104.23
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$144.43
- Costs to cover
- 1.242%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 58 min ago; QFEX: live order book, 6 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 ApeX Omni live order book, 58 min ago | 10.62 bp | 61.3 bp −$61 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 6 min ago | 1.63 bp | 6.6 bp −$7 | 6.6 bp −$66 | 14.5 bp −$1,451 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps HOOD-USD | −0.0035% | 1h | 122.69 | −0.138% | $269K | $332K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 122.90 | +0.036% | $109K | $263K | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 122.89 | +0.024% | $3.9M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.87 | +0.008% | $2.9M | $5.9M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 122.87 | +0.006% | $383K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.85 | −0.008% | $567K | $7.8M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.86 | 0.000% | $5.5M | $9.6M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 122.84 | −0.018% | $2.4M | $1.1M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 122.88 | +0.016% | $861K | $2.0M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 122.83 | −0.024% | $8K | $70K | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex HOODUSDT | 0.0000% | 8h | 122.85 | −0.008% | $1.0M | $8K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0008% | 1h | 122.89 | +0.024% | $63K | $50K | 30x | as long as short |
| Extended HOOD_24_5-USD | +0.0008% | 1h | 122.81 | −0.042% | $411K | $1.1M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0008% | 1h | 122.84 | −0.016% | $199K | $1.9M | 10x | as long as short |
| Binance HOODUSDT | +0.0008% | 8h | 122.85 | −0.008% | $22.0M | $88.6M | 20x | as long as short |
| QFEX HOOD-USDshort | +0.0027% | 1h | 122.82 | −0.033% | $1.3M | $4.3M | 10x | |
| Lighter HOOD | +0.0032% | 1h | 122.84 | −0.012% | $2.9M | $2.2M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0034% | 8h | 122.83 | −0.024% | $183K | $125K | 20x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 122.76 | −0.081% | $1.1M | $1.7M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0043% | 1h | 122.73 | −0.106% | — | $63K | 25x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.83 | −0.024% | $737 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.86 | 0.000% | $1.2M | $1.7M | 15x | as long as short |
| tradeXYZ xyz:HOOD | +0.0052% | 1h | 122.89 | +0.024% | $52.7M | $29.7M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.83 | −0.027% | $71K | $114K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.88 | +0.016% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDTlong | +0.0100% | 1h | 122.86 | long leg | $5K | $132K | 50x | |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.87 | +0.008% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.81 | −0.042% | $16K | — | 10x | as long as short |
| edgeX HOODUSDC | +0.0173% | 4h | 122.88 | +0.016% | $370K | $308K | 10x | as long as short |
| Phoenix HOOD | +0.0196% | 1h | 122.84 | −0.016% | $28K | $239K | 10x | as long as short |
ApeX Omni HOODUSDT
Polymarket Perps HOOD-USD
Aster HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Bitget HOODUSDT
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Deribit HOOD_USDC-PERPETUAL
Phemex HOODUSDT
Injective HOOD/USDC PERP
Extended HOOD_24_5-USD
Coinbase International HOOD-PERP-INTX
Binance HOODUSDT
Lighter HOOD
BloFin HOOD-USDT
SoDEX HOOD-USD
tradeXYZ xyz:HOOD
Pacifica HOOD
KuCoin HOODUSDTM
edgeX HOODUSDC
Phoenix HOOD