Funding you earn now, next payment 11:00 UTC−0.0252%/8h= −27.6% APRpaid last 24h −0.041%
Price spread now: OKX against Arcus+0.090%7-day average +0.078% · 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−$36as in the Price arb table
costs, in and out, $10k−$370.370% of the position
Funding, last 4 days (all we have)−0.101%−$10 on $10k
+Price spread, last 7 days−0.020%−$2 · spread now +0.090%, 7d avg +0.078%
=The price spread sits at its 7-day average of +0.078%, so right now this pair is about funding alone: −$8 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 | 122.31 | 0.0252 | pay 0.0032% / 1h | 49m 28s | $1.1M | $1.9M | 10x |
| Short | OKX HOOD-USDT-SWAP | 122.42 | 0 | get 0.0000% / 8h | 5h 49m | $2.7M | $5.9M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$52.93
- Price spread: +0.090% → +0.078%
- $1.17
- Slippage, 4 orders
- −$22.53
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$88.79
- Costs to cover
- 0.370%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 3 min ago; OKX: live order book, 1 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 | 1.23 bp | 6.2 bp −$6 | 8.1 bp −$81 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 1.63 bp | 10.0 bp −$10 | 25.6 bp −$256 | doesn't fit | doesn't fit |
HOOD on 30 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HOODUSDT | 0.0000% | 8h | 122.38 | +0.058% | $110K | $285K | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 122.38 | +0.057% | $3.7M | $7.3M | 25x | as long as short |
| OKX HOOD-USDT-SWAPshort | 0.0000% | 8h | 122.42 | +0.090% | $2.7M | $5.9M | 20x | |
| Gate HOOD_USDT | 0.0000% | 8h | 122.39 | +0.065% | $583K | $6.8M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.43 | +0.098% | $5.6M | $9.1M | 20x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 122.33 | +0.016% | $6K | $41K | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 122.40 | +0.074% | $1.0M | $7K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0009% | 1h | 121.69 | −0.507% | $28K | $96K | 30x | as long as short |
| Vest HOOD-USD-PERP | +0.0046% | 1h | 122.20 | −0.090% | — | $64K | 25x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 122.34 | +0.025% | $51.5M | $25.4M | 10x | as long as short |
Show all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 122.24 | −0.057% | $253K | $338K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.38 | +0.056% | $731 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.28 | −0.025% | $1.3M | $1.2M | 15x | as long as short |
| QFEX HOOD-USD | +0.0070% | 1h | 122.34 | +0.025% | $1.3M | $2.7M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.38 | +0.053% | $73K | $116K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.48 | +0.139% | $1.7M | $1.5M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.27 | −0.033% | $5K | $29K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.34 | +0.025% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.36 | +0.045% | $16K | — | 10x | as long as short |
| Variational Omni HOOD | +0.0108% | 8h | 122.42 | +0.089% | $2.3M | $875K | — | as long as short |
| Lighter HOOD | +0.0144% | 1h | 122.40 | +0.071% | $2.9M | $2.9M | 10x | as long as short |
| Phoenix HOOD | +0.0196% | 1h | 122.42 | +0.090% | $28K | $239K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0224% | 1h | 121.81 | −0.409% | $229K | $1.6M | 10x | as long as short |
| Extended HOOD_24_5-USD | +0.0232% | 1h | 122.37 | +0.051% | $469K | $2.6M | 10x | as long as short |
| Binance HOODUSDT | +0.0238% | 8h | 122.42 | +0.088% | $21.3M | $87.1M | 20x | as long as short |
| Arcus HOOD-USDlong | +0.0252% | 1h | 122.31 | long leg | $1.1M | $1.9M | 10x | |
| BloFin HOOD-USDT | +0.0352% | 8h | 122.46 | +0.123% | $175K | $179K | 20x | as long as short |
| GRVT HOOD_USDT_Perp | +0.0490% | 8h | 122.41 | +0.079% | $859K | $1.7M | 10x | as long as short |
| edgeX HOODUSDC | +0.0627% | 4h | 122.37 | +0.052% | $368K | $303K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0862% | 1h | 122.47 | +0.134% | $458K | $1.3M | 10x | as long as short |
OKX HOOD-USDT-SWAP
Aster HOODUSDT
Bybit HOODUSDT
Gate HOOD_USDT
Bitget HOODUSDT
Deribit HOOD_USDC-PERPETUAL
Phemex HOODUSDT
Injective HOOD/USDC PERP
tradeXYZ xyz:HOOD
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Variational Omni HOOD
Lighter HOOD
Phoenix HOOD
Coinbase International HOOD-PERP-INTX
Extended HOOD_24_5-USD
Binance HOODUSDT
BloFin HOOD-USDT
GRVT HOOD_USDT_Perp
edgeX HOODUSDC
RISEx HOOD/USDC