Funding you earn now, next payment 22:00 UTC−0.0468%/8h= −51.2% APRnext payment −$0.58 per $10,000 · paid last 24h −0.018%
Price spread now: Injective against Arcus+0.170%101s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Injective is 0.170% dearer against Arcus than usual: you sell high and buy low (spread +0.170% now, against zero (this spread has no 7-day history yet)): +$17 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 29 hours. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus HOOD-USD | 123.52 | 0.0472 | pay 0.0059% / 1h | 5m 39s | $1.1M | $1.7M | 10x |
| Short | Injective HOOD/USDC PERP | 123.73 | 0.0004 | get 0.0001% / 1h | 5m 39s | $63K | $50K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$98.26
- Price spread: +0.170% → 0.000%
- $17
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$85.78
- Costs to cover
- 0.045%
- Break-even
- from the start
Slippage unknown: Arcus: live order book, 3 min ago; Injective: no order-book sample. Net counts fees only.
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 | 6.0 bp −$6 | 9.0 bp −$90 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 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 | −0.0013% | 1h | 123.46 | −0.049% | $263K | $320K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 123.60 | +0.064% | $110K | $262K | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 123.56 | +0.032% | $4.0M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 123.61 | +0.073% | $3.0M | $5.7M | 20x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 123.58 | +0.049% | $554K | $7.9M | 50x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 123.64 | +0.097% | $1.0M | $8K | 10x | as long as short |
| Injective HOOD/USDC PERPshort | +0.0004% | 1h | 123.73 | +0.170% | $63K | $50K | 30x | |
| Bitget HOODUSDT | +0.0005% | 8h | 123.61 | +0.073% | $5.7M | $9.2M | 20x | as long as short |
| Variational Omni HOOD | +0.0024% | 8h | 123.61 | +0.074% | $2.4M | $1.0M | — | as long as short |
| Lighter HOOD | +0.0032% | 1h | 123.50 | −0.013% | $3.0M | $2.0M | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest HOOD-USD-PERP | +0.0046% | 1h | 123.49 | −0.024% | — | $63K | 25x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 123.59 | +0.059% | $744 | $3K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 123.51 | −0.008% | $1.4M | $1.3M | 15x | as long as short |
| QFEX HOOD-USD | +0.0061% | 1h | 123.60 | +0.065% | $1.3M | $4.1M | 10x | as long as short |
| edgeX HOODUSDC | +0.0093% | 4h | 123.61 | +0.075% | $372K | $306K | 10x | as long as short |
| GRVT HOOD_USDT_Perp | +0.0094% | 8h | 123.60 | +0.069% | $870K | $2.2M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 123.46 | −0.046% | $80K | $110K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 123.56 | +0.032% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 123.61 | +0.073% | $45K | $238K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 123.54 | +0.016% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 123.54 | +0.014% | $16K | — | 10x | as long as short |
| Binance HOODUSDT | +0.0135% | 8h | 123.63 | +0.090% | $23.8M | $84.3M | 20x | as long as short |
| Extended HOOD_24_5-USD | +0.0136% | 1h | 123.61 | +0.075% | $419K | $1.2M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0192% | 1h | 123.41 | −0.089% | $196K | $1.8M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0256% | 8h | 123.63 | +0.089% | $188K | $123K | 20x | as long as short |
| tradeXYZ xyz:HOOD | +0.0260% | 1h | 123.54 | +0.016% | $53.1M | $30.0M | 10x | as long as short |
| Phoenix HOOD | +0.0323% | 1h | 123.62 | +0.081% | $28K | $188K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0337% | 1h | 123.59 | +0.055% | $424K | $1.4M | 10x | as long as short |
| Arcus HOOD-USDlong | +0.0472% | 1h | 123.52 | long leg | $1.1M | $1.7M | 10x | |
| Deribit HOOD_USDC-PERPETUAL | +0.1046% | 1h | 123.66 | +0.113% | $6K | $84K | 10x | as long as short |
Injective HOOD/USDC PERP
Polymarket Perps HOOD-USD
Aster HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Gate HOOD_USDT
Phemex HOODUSDT
Bitget HOODUSDT
Variational Omni HOOD
Lighter HOOD
SoDEX HOOD-USD
edgeX HOODUSDC
GRVT HOOD_USDT_Perp
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Binance HOODUSDT
Extended HOOD_24_5-USD
Coinbase International HOOD-PERP-INTX
BloFin HOOD-USDT
tradeXYZ xyz:HOOD
Phoenix HOOD
RISEx HOOD/USDC
Deribit HOOD_USDC-PERPETUAL