Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.020%
Price spread now: OKX against Binance+0.042%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$400.402% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 7 days−0.039%−$4 · spread now +0.042%, 7d avg −0.003%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.045% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HOODUSDT | 120.33 | 0 | get 0.0000% / 8h | 7h 43m | $20.8M | $91.7M | 20x |
| Short | OKX HOOD-USDT-SWAP | 120.38 | 0 | get 0.0000% / 8h | 7h 43m | $2.7M | $6.2M | 20x |
Binance HOODUSDT
OKX HOOD-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.042% → −0.003%
- $4.48
- Slippage, 4 orders
- −$20.19
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$35.71
- Costs to cover
- 0.402%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; OKX: 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, 15 min ago | 0.41 bp | 9.4 bp −$9 | 20.3 bp −$203 | 84.7 bp −$8,471 | doesn't fit |
| Sell OKX live order book, 5 min ago | 1.25 bp | 8.4 bp −$8 | 26.9 bp −$269 | 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 | 119.92 | −0.341% | $58K | $61K | 30x | as long as short |
| Bitget HOODUSDT | −0.0098% | 8h | 120.42 | +0.075% | $5.5M | $9.8M | 20x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.41 | +0.066% | $108K | $284K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.37 | +0.033% | $357K | $2.2M | 10x | as long as short |
| Binance HOODUSDTlong | 0.0000% | 8h | 120.33 | long leg | $20.8M | $91.7M | 20x | |
| Bybit HOODUSDT | 0.0000% | 8h | 120.34 | +0.008% | $3.7M | $8.6M | 25x | as long as short |
| OKX HOOD-USDT-SWAPshort | 0.0000% | 8h | 120.38 | +0.042% | $2.7M | $6.2M | 20x | |
| Gate HOOD_USDT | 0.0000% | 8h | 120.40 | +0.058% | $600K | $7.0M | 50x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 120.49 | +0.129% | $2.2M | $982K | — | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 120.43 | +0.083% | $985K | $8K | 10x | as long as short |
Injective HOOD/USDC PERP
Bitget HOODUSDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Bybit HOODUSDT
Gate HOOD_USDT
Variational Omni HOOD
Phemex HOODUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest HOOD-USD-PERP | +0.0010% | 1h | 120.22 | −0.091% | — | $64K | 25x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 120.34 | +0.007% | $2.8M | $3.0M | 10x | as long as short |
| QFEX HOOD-USD | +0.0038% | 1h | 120.41 | +0.066% | $1.3M | $2.8M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.33 | 0.000% | $1.1M | $1.8M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 120.28 | −0.042% | $50.8M | $27.4M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 120.30 | −0.025% | $251K | $341K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.35 | +0.014% | $718 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.42 | +0.075% | $1.2M | $1.4M | 15x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.38 | +0.040% | $74K | $111K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.44 | +0.091% | $1.3M | $1.4M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.35 | +0.017% | $5K | $36K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.38 | +0.042% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.35 | +0.017% | $16K | — | 10x | as long as short |
| GRVT HOOD_USDT_Perp | +0.0110% | 8h | 120.50 | +0.139% | $853K | $1.9M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.41 | +0.066% | $173K | $175K | 20x | as long as short |
| Phoenix HOOD | +0.0133% | 1h | 120.50 | +0.141% | $28K | $238K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0200% | 1h | 119.88 | −0.374% | $195K | $1.8M | 10x | as long as short |
| edgeX HOODUSDC | +0.0248% | 4h | 120.51 | +0.153% | $363K | $305K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0421% | 1h | 120.44 | +0.092% | $418K | $1.4M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0498% | 1h | 120.35 | +0.017% | $6K | $53K | 10x | as long as short |
Vest HOOD-USD-PERP
Lighter HOOD
QFEX HOOD-USD
Arcus HOOD-USD
tradeXYZ xyz:HOOD
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
GRVT HOOD_USDT_Perp
BloFin HOOD-USDT
Phoenix HOOD
Coinbase International HOOD-PERP-INTX
edgeX HOODUSDC
RISEx HOOD/USDC
Deribit HOOD_USDC-PERPETUAL