Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.018%
Price spread now: GRVT against Binance+0.199%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$380.381% of the position
Funding, last 7 days−0.060%−$6 on $10k
+Price spread, last 7 days−0.248%−$25 · spread now +0.199%, 7d avg −0.010%
=Together, before fees−0.308%+ Points / potential airdropGRVT: Active · farm board−$31 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.209% dearer against Binance than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of −0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HOODUSDT | 120.53 | 0 | get 0.0000% / 8h | 2h 33m | $20.6M | $91.7M | 20x |
| Short | GRVT HOOD_USDT_Perp | 120.77 | 0 | get 0.0000% / 8h | 2h 33m | $853K | $2.0M | 10x |
Binance HOODUSDT
GRVT HOOD_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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: +0.199% → −0.010%
- $20.94
- Slippage, 4 orders
- −$19.11
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$17.17
- Costs to cover
- 0.381%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; GRVT: live order book, 5 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, 9 min ago | 1.24 bp | 8.6 bp −$9 | 15.9 bp −$159 | 62.5 bp −$6,254 | doesn't fit |
| Sell GRVT live order book, 5 min ago | 0.41 bp | 9.5 bp −$9 | 16.0 bp −$160 | 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 | 120.35 | −0.149% | $57K | $57K | 30x | as long as short |
| Bitget HOODUSDT | −0.0231% | 8h | 120.60 | +0.058% | $5.4M | $9.8M | 20x | as long as short |
| Gate HOOD_USDT | −0.0165% | 8h | 120.67 | +0.116% | $578K | $7.6M | 50x | as long as short |
| Polymarket Perps HOOD-USD | −0.0054% | 1h | 120.36 | −0.141% | $250K | $344K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.58 | +0.038% | $105K | $281K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.54 | +0.007% | $357K | $1.3M | 10x | as long as short |
| Binance HOODUSDTlong | 0.0000% | 8h | 120.53 | long leg | $20.6M | $91.7M | 20x | |
| Bybit HOODUSDT | 0.0000% | 8h | 120.55 | +0.017% | $3.7M | $8.9M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.55 | +0.017% | $2.7M | $6.1M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 120.71 | +0.146% | $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_Perpshort | 0.0000% | 8h | 120.77 | +0.199% | $853K | $2.0M | 10x | |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 120.64 | +0.091% | $6K | $55K | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 120.65 | +0.100% | $987K | $9K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0013% | 1h | 120.40 | −0.108% | — | $63K | 25x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 120.55 | +0.017% | $2.8M | $3.2M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.59 | +0.050% | $1.1M | $1.7M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 120.50 | −0.025% | $51.0M | $28.3M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.64 | +0.091% | $723 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.58 | +0.041% | $1.2M | $1.5M | 15x | as long as short |
| QFEX HOOD-USD | +0.0053% | 1h | 120.57 | +0.033% | $1.3M | $3.0M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.55 | +0.021% | $67K | $107K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.61 | +0.066% | $1.3M | $1.3M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.71 | +0.149% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.64 | +0.091% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.61 | +0.063% | $16K | — | 10x | as long as short |
| RISEx HOOD/USDC | +0.0109% | 1h | 120.61 | +0.066% | $421K | $1.4M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.80 | +0.224% | $175K | $162K | 20x | as long as short |
| Phoenix HOOD | +0.0132% | 1h | 120.64 | +0.091% | $28K | $238K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0184% | 1h | 120.48 | −0.041% | $192K | $1.8M | 10x | as long as short |
| edgeX HOODUSDC | +0.0225% | 4h | 120.77 | +0.203% | $363K | $305K | 10x | as long as short |
Deribit HOOD_USDC-PERPETUAL
Phemex HOODUSDT
Vest HOOD-USD-PERP
Lighter HOOD
Arcus HOOD-USD
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
Phoenix HOOD
Coinbase International HOOD-PERP-INTX
edgeX HOODUSDC