Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.020%
Price spread now: Bybit against Binance+0.033%7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$400.400% of the position
Funding, last 7 days−0.052%−$5 on $10k
+Price spread, last 7 days−0.066%−$7 · spread now +0.033%, 7d avg −0.022%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.056% dearer against Binance than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.022%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HOODUSDT | 120.54 | 0 | get 0.0000% / 8h | 1h 32m | $20.8M | $92.3M | 20x |
| Short | Bybit HOODUSDT | 120.58 | 0 | get 0.0000% / 8h | 1h 32m | $3.7M | $8.8M | 25x |
Binance HOODUSDT
Bybit HOODUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: +0.033% → −0.022%
- $5.55
- Slippage, 4 orders
- −$18.98
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$34.43
- Costs to cover
- 0.400%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; Bybit: live order book, 6 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, 10 min ago | 0.41 bp | 7.6 bp −$8 | 14.5 bp −$145 | 52.6 bp −$5,264 | doesn't fit |
| Sell Bybit live order book, 6 min ago | 1.66 bp | 13.2 bp −$13 | 28.2 bp −$282 | 973.6 bp −$97.4K | 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 | −0.0392% | 1h | 120.34 | −0.166% | $57K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0180% | 8h | 120.63 | +0.075% | $599K | $7.7M | 50x | as long as short |
| Bitget HOODUSDT | −0.0162% | 8h | 120.67 | +0.108% | $5.4M | $9.9M | 20x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.61 | +0.058% | $105K | $281K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.56 | +0.017% | $356K | $1.3M | 10x | as long as short |
| Binance HOODUSDTlong | 0.0000% | 8h | 120.54 | long leg | $20.8M | $92.3M | 20x | |
| Bybit HOODUSDTshort | 0.0000% | 8h | 120.58 | +0.033% | $3.7M | $8.8M | 25x | |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.54 | 0.000% | $2.7M | $6.2M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 120.60 | +0.053% | $2.3M | $1.0M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 120.65 | +0.091% | $852K | $2.0M | 10x | as long as short |
Injective HOOD/USDC PERP
Gate HOOD_USDT
Bitget HOODUSDT
Aster HOODUSDT
Extended HOOD_24_5-USD
OKX HOOD-USDT-SWAP
Variational Omni HOOD
GRVT HOOD_USDT_PerpShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex HOODUSDT | 0.0000% | 8h | 120.57 | +0.025% | $986K | $9K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0015% | 1h | 120.39 | −0.124% | — | $63K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.53 | −0.008% | $1.1M | $1.7M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 120.40 | −0.116% | $250K | $344K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.55 | +0.008% | $720 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.50 | −0.033% | $1.2M | $1.4M | 15x | as long as short |
| QFEX HOOD-USD | +0.0062% | 1h | 120.54 | 0.000% | $1.3M | $2.9M | 10x | as long as short |
| Lighter HOOD | +0.0088% | 1h | 120.52 | −0.019% | $2.8M | $3.2M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0093% | 1h | 120.52 | −0.017% | $51.2M | $27.8M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.61 | +0.060% | $67K | $106K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.64 | +0.083% | $1.3M | $1.3M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.54 | 0.000% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.58 | +0.033% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.55 | +0.010% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.61 | +0.058% | $174K | $159K | 20x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0184% | 1h | 120.60 | +0.050% | $196K | $1.8M | 10x | as long as short |
| Phoenix HOOD | +0.0198% | 1h | 120.62 | +0.066% | $28K | $238K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0331% | 1h | 120.58 | +0.033% | $6K | $52K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0365% | 1h | 120.64 | +0.087% | $373K | $1.4M | 10x | as long as short |
| edgeX HOODUSDC | +0.0961% | 4h | 120.63 | +0.077% | $363K | $304K | 10x | as long as short |
Phemex HOODUSDT
Vest HOOD-USD-PERP
Arcus HOOD-USD
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
QFEX HOOD-USD
Lighter HOOD
tradeXYZ xyz:HOOD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
BloFin HOOD-USDT
Coinbase International HOOD-PERP-INTX
Phoenix HOOD
Deribit HOOD_USDC-PERPETUAL
RISEx HOOD/USDC
edgeX HOODUSDC