Funding you earn now, next payment 07:00 UTC+0.0164%/8h= +18.0% APRpaid last 24h +0.090%
Price spread now: Deribit against Binance−0.052%55s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Deribit is 0.052% cheaper against Binance than usual: you would sell low and buy high (spread −0.052% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 25 hours of funding at the current rate (+$5 a day). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HOODUSDT | 120.78 | 0 | get 0.0000% / 8h | 1h 03m | $20.8M | $92.3M | 20x |
| Short | Deribit HOOD_USDC-PERPETUAL | 120.72 | 0.0164 | get 0.0021% / 1h | 3m 20s | $6K | $52K | 10x |
Binance HOODUSDT
Deribit HOOD_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $34.51
- Price spread: −0.052% → 0.000%
- −$5.17
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $12.34
- Costs to cover
- 0.170%
- Break-even
- 4.5 days
Slippage unknown: Binance: live order book, 9 min ago; Deribit: no order-book sample. Net counts fees only.
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, 9 min ago | 0.41 bp | 8.1 bp −$8 | 19.3 bp −$193 | 68.5 bp −$6,852 | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 120.61 | −0.143% | $57K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0170% | 8h | 120.80 | +0.015% | $601K | $7.7M | 50x | as long as short |
| Bitget HOODUSDT | −0.0093% | 8h | 120.82 | +0.031% | $5.5M | $10.0M | 20x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.79 | +0.006% | $105K | $281K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.76 | −0.022% | $359K | $1.5M | 10x | as long as short |
| Binance HOODUSDTlong | 0.0000% | 8h | 120.78 | long leg | $20.8M | $92.3M | 20x | |
| Bybit HOODUSDT | 0.0000% | 8h | 120.74 | −0.035% | $3.7M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.74 | −0.035% | $2.7M | $6.2M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 120.83 | +0.038% | $2.3M | $1.0M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 120.81 | +0.026% | $846K | $2.0M | 10x | as long as short |
Injective HOOD/USDC PERP
Gate HOOD_USDT
Bitget HOODUSDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Bybit HOODUSDT
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 | 120.81 | +0.023% | $988K | $9K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0019% | 1h | 120.58 | −0.168% | — | $63K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.71 | −0.060% | $1.1M | $1.7M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 120.58 | −0.168% | $251K | $345K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.75 | −0.028% | $719 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.64 | −0.118% | $1.2M | $1.4M | 15x | as long as short |
| QFEX HOOD-USD | +0.0062% | 1h | 120.79 | +0.006% | $1.3M | $2.9M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0085% | 1h | 120.72 | −0.052% | $51.3M | $26.9M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.75 | −0.031% | $74K | $111K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.77 | −0.010% | $1.3M | $1.3M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.71 | −0.060% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.76 | −0.019% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.75 | −0.027% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.84 | +0.048% | $174K | $166K | 20x | as long as short |
| Lighter HOOD | +0.0128% | 1h | 120.76 | −0.016% | $2.8M | $3.2M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUALshort | +0.0164% | 1h | 120.72 | −0.052% | $6K | $52K | 10x | |
| Coinbase International HOOD-PERP-INTX | +0.0184% | 1h | 120.60 | −0.151% | $196K | $1.8M | 10x | as long as short |
| Phoenix HOOD | +0.0198% | 1h | 120.80 | +0.015% | $28K | $238K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0365% | 1h | 120.82 | +0.031% | $395K | $1.4M | 10x | as long as short |
| edgeX HOODUSDC | +0.0648% | 4h | 120.82 | +0.031% | $364K | $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
tradeXYZ xyz:HOOD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
BloFin HOOD-USDT
Lighter HOOD
Coinbase International HOOD-PERP-INTX
Phoenix HOOD
RISEx HOOD/USDC
edgeX HOODUSDC