Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.038%
Price spread now: tradeXYZ against Aster−0.072%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$131as in the Price arb table
costs, in and out, $10k−$1281.282% of the position
Funding, last 7 days+0.189%+$19 on $10k
+Price spread, last 4 days (all we have)+0.013%+$1 · spread now −0.072%, 7d avg −0.047%
=Together, before fees+0.202%+ Points / potential airdropAster: Stage 5 · tradeXYZ: Active · farm board+$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.025% cheaper against Aster than usual: you would sell low and buy high (spread −0.072% now, against its 7-day average of −0.047%). If the spread goes back, that is −$3 on $10k: about 40 hours of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster HOODUSDT | 121.33 | 0 | get 0.0000% / 8h | 4h 35m | $106K | $280K | 20x |
| Short | tradeXYZ xyz:HOOD | 121.24 | 0.0050 | get 0.0006% / 1h | 35m 30s | $51.8M | $28.1M | 10x |
Aster HOODUSDT
tradeXYZ xyz:HOODFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Aster. 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
- $10.5
- Price spread: −0.072% → −0.047%
- −$2.53
- Slippage, 4 orders
- −$102.18
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$120.21
- Costs to cover
- 1.282%
- Break-even
- 87.1 days
Slippage from Aster: live order book, 21 min ago; tradeXYZ: live order book, 4 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 Aster live order book, 21 min ago | 4.93 bp | 54.6 bp −$55 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 4 min ago | 0.41 bp | 11.1 bp −$11 | 13.9 bp −$139 | 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 | 121.05 | −0.229% | $58K | $57K | 30x | as long as short |
| Polymarket Perps HOOD-USD | −0.0136% | 1h | 121.10 | −0.187% | $251K | $344K | 10x | as long as short |
| Gate HOOD_USDT | −0.0034% | 8h | 121.30 | −0.023% | $572K | $7.7M | 50x | as long as short |
| Aster HOODUSDTlong | 0.0000% | 8h | 121.33 | long leg | $106K | $280K | 20x | |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.27 | −0.048% | $358K | $1.3M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.30 | −0.023% | $21.0M | $90.8M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.29 | −0.031% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.25 | −0.064% | $2.7M | $6.0M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.29 | −0.027% | $397K | $1.4M | 10x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 121.32 | −0.006% | $5.4M | $9.6M | 20x | as long as short |
Injective HOOD/USDC PERP
Polymarket Perps HOOD-USD
Gate HOOD_USDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Bitget HOODUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni HOOD | 0.0000% | 8h | 121.22 | −0.090% | $2.3M | $1.1M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 121.26 | −0.053% | $856K | $2.0M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 121.25 | −0.064% | $7K | $55K | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.29 | −0.031% | $992K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0021% | 1h | 121.13 | −0.163% | — | $62K | 25x | as long as short |
| QFEX HOOD-USD | +0.0029% | 1h | 121.28 | −0.039% | $1.3M | $3.6M | 10x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 121.27 | −0.051% | $2.8M | $3.1M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.20 | −0.105% | $1.1M | $1.7M | 10x | as long as short |
| tradeXYZ xyz:HOODshort | +0.0050% | 1h | 121.24 | −0.072% | $51.8M | $28.1M | 10x | |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.22 | −0.093% | $732 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.19 | −0.113% | $1.2M | $1.5M | 15x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0096% | 1h | 121.54 | +0.175% | $194K | $1.9M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.30 | −0.024% | $68K | $105K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.38 | +0.043% | $1.3M | $1.2M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.23 | −0.080% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.25 | −0.064% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.23 | −0.083% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 121.27 | −0.047% | $175K | $162K | 20x | as long as short |
| Phoenix HOOD | +0.0132% | 1h | 121.23 | −0.080% | $27K | $238K | 10x | as long as short |
| edgeX HOODUSDC | +0.0403% | 4h | 121.25 | −0.061% | $365K | $305K | 10x | as long as short |
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Deribit HOOD_USDC-PERPETUAL
Phemex HOODUSDT
Vest HOOD-USD-PERP
QFEX HOOD-USD
Lighter HOOD
Arcus HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Coinbase International HOOD-PERP-INTX
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
BloFin HOOD-USDT
Phoenix HOOD
edgeX HOODUSDC