HOOD

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0439%/8h= +48.0% APRnext payment +$0.55 per $10,000 · paid last 24h +0.030%

Price spread now: RISEx against Arcus+0.142%7-day average +0.102% · 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−$24as in the Price arb table

costs, in and out, $10k−$280.278% of the position

Long on Arcus Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.048%+$5 on $10k

Price spread, last 5 days (all we have)+0.042%+$4 · spread now +0.142%, 7d avg +0.102%

Together, before fees+0.091%+$9 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and RISEx is 0.040% dearer against Arcus than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.102%.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.048% in total (about 4.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.55 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus HOOD-USD	120.37	0.0040	pay 0.0005% / 1h	10m 25s	$1.1M	$1.7M	10x
Short	RISEx HOOD/USDC	120.54	0.0479	get 0.0060% / 1h	10m 25s	$403K	$1.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Arcus. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ArcusbpFee RISExbpOrdersPrice spread, now +0.142%Rate

Funding earned: $92.11
Price spread: +0.142% → +0.102%: $4.03
Slippage, 4 orders: −$17.34
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee RISEx: 3 bp × 2 orders: −$6
Net: $68.3
Costs to cover: 0.278%
Break-even: 1.8 days

Slippage from Arcus: live order book, 4 min ago; RISEx: 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, 4 min ago	0.83 bp	8.3 bp −$8	14.4 bp −$144	doesn't fit	doesn't fit
Sell RISEx live order book, 3 min ago	2.07 bp	5.1 bp −$5	5.5 bp −$55	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	120.22	−0.125%	$57K	$57K	30x	as long as short
Gate HOOD_USDT	−0.0164%	8h	120.50	+0.108%	$598K	$7.6M	50x	as long as short
Bitget HOODUSDT	−0.0155%	8h	120.56	+0.158%	$5.5M	$9.9M	20x	as long as short
Polymarket Perps HOOD-USD	−0.0021%	1h	120.36	−0.008%	$251K	$345K	10x	as long as short
Aster HOODUSDT	0.0000%	8h	120.50	+0.109%	$105K	$281K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	120.48	+0.094%	$358K	$2.2M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	120.50	+0.109%	$20.8M	$91.9M	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	120.44	+0.058%	$3.7M	$8.7M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	120.53	+0.133%	$2.7M	$6.2M	20x	as long as short
Variational Omni HOOD	0.0000%	8h	120.42	+0.041%	$2.2M	$1.0M	—	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	120.49	+0.101%	$845K	$2.0M	10x	as long as short
Phemex HOODUSDT	0.0000%	8h	120.45	+0.066%	$985K	$8K	10x	as long as short
Vest HOOD-USD-PERP	+0.0017%	1h	120.32	−0.042%	—	$63K	25x	as long as short
Arcus HOOD-USDlong	+0.0040%	1h	120.37	long leg	$1.1M	$1.7M	10x
QFEX HOOD-USD	+0.0046%	1h	120.47	+0.083%	$1.3M	$2.9M	10x	as long as short
tradeXYZ xyz:HOOD	+0.0050%	1h	120.42	+0.042%	$51.1M	$27.0M	10x	as long as short
SoDEX HOOD-USD	+0.0050%	1h	120.47	+0.081%	$720	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	120.40	+0.025%	$1.3M	$1.4M	15x	as long as short
edgeX HOODUSDC	+0.0060%	4h	120.45	+0.065%	$362K	$305K	10x	as long as short
Lighter HOOD	+0.0072%	1h	120.46	+0.072%	$2.8M	$3.2M	10x	as long as short
Pacifica HOOD	+0.0100%	1h	120.42	+0.039%	$74K	$111K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	120.50	+0.108%	$1.3M	$1.4M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	120.44	+0.058%	$5K	$40K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	120.48	+0.091%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	120.45	+0.067%	$16K	—	10x	as long as short
BloFin HOOD-USDT	+0.0120%	8h	120.51	+0.116%	$173K	$175K	20x	as long as short
Deribit HOOD_USDC-PERPETUAL	+0.0165%	1h	120.48	+0.091%	$6K	$52K	10x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0192%	1h	120.49	+0.100%	$196K	$1.8M	10x	as long as short
Phoenix HOOD	+0.0265%	1h	120.46	+0.075%	$28K	$238K	10x	as long as short
RISEx HOOD/USDCshort	+0.0479%	1h	120.54	+0.142%	$403K	$1.4M	10x