Funding you earn now, next payment 11:00 UTC−0.0152%/8h= −16.6% APRnext payment −$0.19 per $10,000 · paid last 24h −0.011%
Price spread now: Pacifica against Arcus+0.005%7-day average +0.036% · 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−$32as in the Price arb table
costs, in and out, $10k−$290.287% of the position
Funding, last 4 days (all we have)−0.029%−$3 on $10k
+Price spread, last 4 days (all we have)+0.073%+$7 · spread now +0.005%, 7d avg +0.036%
=Together, before fees+0.044%+ Points / potential airdropPacifica: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Pacifica is 0.031% cheaper against Arcus than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.036%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus HOOD-USD | 122.05 | 0.0252 | pay 0.0032% / 1h | 29m 45s | $1.1M | $1.9M | 10x |
| Short | Pacifica HOOD | 122.06 | 0.0100 | get 0.0013% / 1h | 29m 45s | $73K | $116K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- −$31.93
- Price spread: +0.005% → +0.036%
- −$3.14
- Slippage, 4 orders
- −$16.2
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$63.77
- Costs to cover
- 0.287%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 2 min ago; Pacifica: live order book, 16 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, 2 min ago | 0.41 bp | 3.3 bp −$3 | 3.5 bp −$35 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 16 min ago | 0.57 bp | 9.9 bp −$10 | doesn't fit | 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 | 122.11 | +0.046% | $110K | $285K | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 122.08 | +0.025% | $3.7M | $7.3M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.08 | +0.025% | $2.7M | $5.9M | 20x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.08 | +0.025% | $582K | $6.8M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.13 | +0.066% | $5.6M | $9.1M | 20x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 122.04 | −0.008% | $6K | $41K | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 122.08 | +0.025% | $999K | $7K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0009% | 1h | 121.69 | −0.295% | $28K | $96K | 30x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 122.09 | +0.029% | $2.8M | $2.9M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0046% | 1h | 122.07 | +0.016% | — | $64K | 25x | as long as short |
Show all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 122.05 | 0.000% | $51.4M | $25.2M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 121.96 | −0.074% | $252K | $340K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.03 | −0.016% | $727 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.94 | −0.090% | $1.3M | $1.2M | 15x | as long as short |
| QFEX HOOD-USD | +0.0070% | 1h | 122.18 | +0.107% | $1.3M | $2.7M | 10x | as long as short |
| Variational Omni HOOD | +0.0094% | 8h | 122.07 | +0.013% | $2.3M | $875K | — | as long as short |
| Pacifica HOODshort | +0.0100% | 1h | 122.06 | +0.005% | $73K | $116K | 10x | |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.16 | +0.090% | $1.7M | $1.5M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.04 | −0.008% | $5K | $29K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.08 | +0.025% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.06 | +0.008% | $16K | — | 10x | as long as short |
| Phoenix HOOD | +0.0196% | 1h | 121.98 | −0.057% | $28K | $239K | 10x | as long as short |
| Binance HOODUSDT | +0.0214% | 8h | 122.09 | +0.030% | $21.2M | $86.9M | 20x | as long as short |
| Extended HOOD_24_5-USD | +0.0216% | 1h | 122.05 | −0.001% | $469K | $2.6M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0224% | 1h | 121.81 | −0.197% | $229K | $1.5M | 10x | as long as short |
| Arcus HOOD-USDlong | +0.0252% | 1h | 122.05 | long leg | $1.1M | $1.9M | 10x | |
| GRVT HOOD_USDT_Perp | +0.0325% | 8h | 122.05 | +0.004% | $853K | $1.7M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0339% | 8h | 122.07 | +0.016% | $176K | $178K | 20x | as long as short |
| RISEx HOOD/USDC | +0.0862% | 1h | 122.17 | +0.101% | $454K | $1.3M | 10x | as long as short |
| edgeX HOODUSDC | +0.0976% | 4h | 122.03 | −0.019% | $367K | $303K | 10x | as long as short |
Pacifica HOOD
Aster HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Gate HOOD_USDT
Bitget HOODUSDT
Deribit HOOD_USDC-PERPETUAL
Phemex HOODUSDT
Injective HOOD/USDC PERP
Lighter HOOD
tradeXYZ xyz:HOOD
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Variational Omni HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Phoenix HOOD
Binance HOODUSDT
Extended HOOD_24_5-USD
Coinbase International HOOD-PERP-INTX
GRVT HOOD_USDT_Perp
BloFin HOOD-USDT
RISEx HOOD/USDC
edgeX HOODUSDC