Funding you earn now, next payment 06:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.024%
Price spread now: Arcus against Binance−0.066%7-day average −0.084% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$340.343% of the position
Funding, last 4 days (all we have)+0.082%+$8 on $10k
+Price spread, last 7 days−0.034%−$3 · spread now −0.066%, 7d avg −0.084%
=The price spread sits at its 7-day average of −0.084%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HOODUSDT | 121.01 | 0 | get 0.0000% / 8h | 2h 50m | $20.7M | $91.5M | 20x |
| Short | Arcus HOOD-USD | 120.93 | 0.0040 | get 0.0005% / 1h | 50m 37s | $1.1M | $1.7M | 10x |
Binance HOODUSDT
Arcus HOOD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Binance. 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
- $8.46
- Price spread: −0.066% → −0.084%
- $1.75
- Slippage, 4 orders
- −$19.85
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$24.14
- Costs to cover
- 0.343%
- Break-even
- 27.0 days
Slippage from Binance: live order book, 7 min ago; Arcus: 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 Binance live order book, 7 min ago | 0.83 bp | 9.1 bp −$9 | 15.5 bp −$155 | 64.0 bp −$6,401 | doesn't fit |
| Sell Arcus live order book, 3 min ago | 0.41 bp | 8.1 bp −$8 | 14.4 bp −$144 | 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 | 120.64 | −0.306% | $57K | $57K | 30x | as long as short |
| Bitget HOODUSDT | −0.0178% | 8h | 121.06 | +0.041% | $5.4M | $9.7M | 20x | as long as short |
| Gate HOOD_USDT | −0.0149% | 8h | 121.02 | +0.008% | $582K | $7.6M | 50x | as long as short |
| Polymarket Perps HOOD-USD | −0.0072% | 1h | 120.80 | −0.174% | $251K | $344K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.02 | +0.004% | $106K | $280K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.98 | −0.027% | $358K | $1.4M | 10x | as long as short |
| Binance HOODUSDTlong | 0.0000% | 8h | 121.01 | long leg | $20.7M | $91.5M | 20x | |
| Bybit HOODUSDT | 0.0000% | 8h | 121.00 | −0.008% | $3.8M | $8.9M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.06 | +0.041% | $2.7M | $6.1M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.00 | −0.009% | $2.3M | $1.1M | — | as long as short |
Injective HOOD/USDC PERP
Bitget HOODUSDT
Gate HOOD_USDT
Polymarket Perps HOOD-USD
Aster HOODUSDT
Extended HOOD_24_5-USD
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Variational Omni HOODShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 120.91 | −0.083% | $848K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.03 | +0.017% | $990K | $9K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0013% | 1h | 120.79 | −0.182% | — | $63K | 25x | as long as short |
| Lighter HOOD | +0.0040% | 1h | 120.97 | −0.032% | $2.8M | $3.2M | 10x | as long as short |
| Arcus HOOD-USDshort | +0.0040% | 1h | 120.93 | −0.066% | $1.1M | $1.7M | 10x | |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 120.94 | −0.058% | $51.2M | $28.3M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.98 | −0.021% | $725 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.89 | −0.099% | $1.2M | $1.5M | 15x | as long as short |
| QFEX HOOD-USD | +0.0053% | 1h | 120.96 | −0.041% | $1.3M | $3.1M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.99 | −0.017% | $67K | $107K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.95 | −0.050% | $1.3M | $1.3M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.86 | −0.124% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.97 | −0.033% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.97 | −0.035% | $16K | — | 10x | as long as short |
| RISEx HOOD/USDC | +0.0109% | 1h | 121.03 | +0.021% | $389K | $1.4M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 121.02 | +0.008% | $175K | $162K | 20x | as long as short |
| edgeX HOODUSDC | +0.0132% | 4h | 120.86 | −0.128% | $364K | $304K | 10x | as long as short |
| Phoenix HOOD | +0.0132% | 1h | 120.90 | −0.091% | $28K | $238K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0184% | 1h | 120.77 | −0.198% | $193K | $1.8M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0329% | 1h | 120.99 | −0.017% | $6K | $55K | 10x | as long as short |
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Vest HOOD-USD-PERP
Lighter HOOD
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
QFEX HOOD-USD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
RISEx HOOD/USDC
BloFin HOOD-USDT
edgeX HOODUSDC
Phoenix HOOD
Coinbase International HOOD-PERP-INTX
Deribit HOOD_USDC-PERPETUAL