Funding you earn now, next payment 08:00 UTC+0.0160%/8h= +17.5% APRnext payment +$0.20 per $10,000 · paid last 24h +0.006%
Price spread now: Coinbase International against Arcus−0.117%7-day average −0.097% · 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−$33as in the Price arb table
costs, in and out, $10k−$310.306% of the position
Funding, last 4 days (all we have)−0.017%−$2 on $10k
+Price spread, last 4 days (all we have)+0.125%+$12 · spread now −0.117%, 7d avg −0.097%
=The price spread sits at its 7-day average of −0.097%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus HOOD-USD | 120.02 | 0.0040 | pay 0.0005% / 1h | 33m 39s | $1.1M | $1.8M | 10x |
| Short | Coinbase International HOOD-PERP-INTX | 119.88 | 0.0200 | get 0.0025% / 1h | 33m 39s | $195K | $1.8M | 10x |
Arcus HOOD-USD
Coinbase International HOOD-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Arcus. 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
- $33.54
- Price spread: −0.117% → −0.097%
- −$1.93
- Slippage, 4 orders
- −$16.12
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $0.99
- Costs to cover
- 0.306%
- Break-even
- 6.8 days
Slippage from Arcus: live order book, 5 min ago; Coinbase International: 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 Arcus live order book, 5 min ago | 1.25 bp | 6.4 bp −$6 | 10.2 bp −$102 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 5 min ago | 4.16 bp | 9.6 bp −$10 | 14.3 bp −$143 | 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 | 119.92 | −0.083% | $58K | $61K | 30x | as long as short |
| Bitget HOODUSDT | −0.0052% | 8h | 120.14 | +0.100% | $5.5M | $9.8M | 20x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.27 | +0.208% | $108K | $284K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.11 | +0.074% | $355K | $2.2M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 120.19 | +0.142% | $20.8M | $91.4M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 120.19 | +0.142% | $3.7M | $8.6M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.08 | +0.050% | $2.7M | $6.1M | 20x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 120.16 | +0.117% | $600K | $7.0M | 50x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 120.36 | +0.283% | $2.2M | $980K | — | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 120.31 | +0.242% | $6K | $53K | 10x | as long as short |
Injective HOOD/USDC PERP
Bitget HOODUSDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Gate HOOD_USDT
Variational Omni HOOD
Deribit HOOD_USDC-PERPETUALShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex HOODUSDT | 0.0000% | 8h | 120.37 | +0.292% | $985K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0006% | 1h | 120.14 | +0.100% | — | $64K | 25x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 120.18 | +0.135% | $2.8M | $3.1M | 10x | as long as short |
| QFEX HOOD-USD | +0.0038% | 1h | 120.28 | +0.217% | $1.3M | $2.8M | 10x | as long as short |
| Arcus HOOD-USDlong | +0.0040% | 1h | 120.02 | long leg | $1.1M | $1.8M | 10x | |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 120.11 | +0.075% | $50.7M | $27.2M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 120.30 | +0.233% | $251K | $336K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.33 | +0.260% | $717 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.23 | +0.175% | $1.2M | $1.4M | 15x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.13 | +0.093% | $74K | $107K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.20 | +0.150% | $1.3M | $1.4M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.27 | +0.208% | $5K | $36K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.27 | +0.208% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.32 | +0.254% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.41 | +0.325% | $173K | $175K | 20x | as long as short |
| Phoenix HOOD | +0.0133% | 1h | 120.31 | +0.242% | $28K | $238K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTXshort | +0.0200% | 1h | 119.88 | −0.117% | $195K | $1.8M | 10x | |
| GRVT HOOD_USDT_Perp | +0.0243% | 8h | 120.31 | +0.238% | $852K | $1.9M | 10x | as long as short |
| edgeX HOODUSDC | +0.0292% | 4h | 120.34 | +0.267% | $362K | $303K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0421% | 1h | 120.21 | +0.158% | $418K | $1.4M | 10x | as long as short |
Phemex HOODUSDT
Vest HOOD-USD-PERP
Lighter HOOD
QFEX 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
BloFin HOOD-USDT
Phoenix HOOD
GRVT HOOD_USDT_Perp
edgeX HOODUSDC
RISEx HOOD/USDC