Funding you earn now, next payment 03:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.05 per $10,000 · paid last 24h −0.010%
Price spread now: Extended against Arcus+0.067%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$460.458% of the position
Funding, last 4 days (all we have)−0.105%−$10 on $10k
+Price spread, last 7 days−0.163%−$16 · spread now +0.067%, 7d avg +0.027%
=Together, before fees−0.268%+ Points / potential airdropExtended: Active · farm board−$27 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.039% dearer against Arcus than usual: you sell high and buy low (spread +0.067% now, against its 7-day average of +0.027%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.2 days. At the pace of the last 4 days (−0.105% in total) that is about 32 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus HOOD-USD | 121.73 | 0.0040 | pay 0.0005% / 1h | 10m 38s | $1.1M | $1.7M | 10x |
| Short | Extended HOOD_24_5-USD | 121.81 | 0 | get 0.0000% / 1h | 10m 38s | $358K | $1.3M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$8.46
- Price spread: +0.067% → +0.027%
- $3.93
- Slippage, 4 orders
- −$36.26
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$50.29
- Costs to cover
- 0.458%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 3 min ago; Extended: live order book, 3 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, 3 min ago | 0.41 bp | 10.2 bp −$10 | 14.4 bp −$144 | doesn't fit | doesn't fit |
| Sell Extended live order book, 3 min ago | 4.07 bp | 12.9 bp −$13 | 89.5 bp −$895 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps HOOD-USD | −0.0114% | 1h | 121.61 | −0.099% | $252K | $344K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.78 | +0.044% | $106K | $279K | 20x | as long as short |
| Extended HOOD_24_5-USDshort | 0.0000% | 1h | 121.81 | +0.067% | $358K | $1.3M | 10x | |
| Binance HOODUSDT | 0.0000% | 8h | 121.93 | +0.164% | $21.1M | $90.6M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.90 | +0.140% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.94 | +0.173% | $2.7M | $6.1M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.78 | +0.041% | $382K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 121.87 | +0.115% | $580K | $7.7M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 121.91 | +0.148% | $5.4M | $9.6M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.77 | +0.030% | $2.3M | $1.1M | — | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 121.78 | +0.040% | $861K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.85 | +0.099% | $997K | $8K | 10x | as long as short |
| QFEX HOOD-USD | +0.0024% | 1h | 121.75 | +0.016% | $1.3M | $3.7M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0025% | 1h | 121.59 | −0.115% | — | $62K | 25x | as long as short |
| Arcus HOOD-USDlong | +0.0040% | 1h | 121.73 | long leg | $1.1M | $1.7M | 10x | |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.81 | +0.066% | $52.1M | $28.2M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.77 | +0.030% | $734 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.63 | −0.082% | $1.2M | $1.5M | 15x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0056% | 1h | 121.54 | −0.156% | $194K | $1.9M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.90 | +0.137% | $68K | $106K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.82 | +0.074% | $1.3M | $1.2M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.69 | −0.033% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.78 | +0.041% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.74 | +0.007% | $16K | — | 10x | as long as short |
| Lighter HOOD | +0.0120% | 1h | 121.88 | +0.124% | $2.8M | $3.1M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 121.84 | +0.090% | $176K | $162K | 20x | as long as short |
| Phoenix HOOD | +0.0197% | 1h | 121.75 | +0.016% | $28K | $239K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0345% | 1h | 121.36 | −0.304% | $58K | $57K | 30x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0572% | 1h | 121.74 | +0.008% | $7K | $68K | 10x | as long as short |
| edgeX HOODUSDC | +0.0808% | 4h | 121.76 | +0.022% | $366K | $303K | 10x | as long as short |
Extended HOOD_24_5-USD
Polymarket Perps HOOD-USD
Aster HOODUSDT
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Bitget HOODUSDT
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Coinbase International HOOD-PERP-INTX
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Lighter HOOD
BloFin HOOD-USDT
Phoenix HOOD
Injective HOOD/USDC PERP
Deribit HOOD_USDC-PERPETUAL
edgeX HOODUSDC