Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.010%
Price spread now: Pacifica against Binance−0.013%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$350.349% of the position
Funding, last 7 days+0.064%+$6 on $10k
+Price spread, last 4 days (all we have)−0.517%−$52 · spread now −0.013%, 7d avg −0.038%
=Together, before fees−0.453%+ Points / potential airdropPacifica: Active · farm board−$45 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Pacifica is 0.025% dearer against Binance than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HOODUSDT | 121.51 | 0 | get 0.0000% / 8h | 4h 43m | $21.1M | $90.7M | 20x |
| Short | Pacifica HOOD | 121.49 | 0.0100 | get 0.0013% / 1h | 43m 40s | $68K | $105K | 10x |
Binance HOODUSDT
Pacifica HOODFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- $21
- Price spread: −0.013% → −0.038%
- $2.48
- Slippage, 4 orders
- −$16.94
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$11.45
- Costs to cover
- 0.349%
- Break-even
- 10.8 days
Slippage from Binance: live order book, 14 min ago; Pacifica: live order book, 14 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, 14 min ago | 0.41 bp | 8.5 bp −$9 | 15.2 bp −$152 | 53.4 bp −$5,342 | doesn't fit |
| Sell Pacifica live order book, 14 min ago | 2.34 bp | 11.2 bp −$11 | doesn't fit | 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 | 121.33 | −0.148% | $58K | $57K | 30x | as long as short |
| Polymarket Perps HOOD-USD | −0.0171% | 1h | 121.32 | −0.156% | $252K | $344K | 10x | as long as short |
| Gate HOOD_USDT | −0.0016% | 8h | 121.58 | +0.058% | $575K | $7.7M | 50x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.53 | +0.019% | $106K | $279K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.48 | −0.026% | $358K | $1.3M | 10x | as long as short |
| Binance HOODUSDTlong | 0.0000% | 8h | 121.51 | long leg | $21.1M | $90.7M | 20x | |
| Bybit HOODUSDT | 0.0000% | 8h | 121.50 | −0.008% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.52 | +0.008% | $2.7M | $6.0M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.46 | −0.037% | $397K | $1.4M | 10x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 121.54 | +0.025% | $5.4M | $9.6M | 20x | as long as short |
Injective HOOD/USDC PERP
Polymarket Perps HOOD-USD
Gate HOOD_USDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Bitget HOODUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni HOOD | 0.0000% | 8h | 121.48 | −0.023% | $2.3M | $1.1M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 121.57 | +0.050% | $857K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.55 | +0.033% | $994K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0022% | 1h | 121.31 | −0.165% | — | $62K | 25x | as long as short |
| QFEX HOOD-USD | +0.0029% | 1h | 121.43 | −0.066% | $1.3M | $3.7M | 10x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 121.50 | −0.007% | $2.8M | $3.1M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.55 | +0.033% | $1.1M | $1.7M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.45 | −0.049% | $52.0M | $28.3M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.47 | −0.037% | $733 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.38 | −0.107% | $1.2M | $1.5M | 15x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0096% | 1h | 121.54 | +0.025% | $194K | $1.9M | 10x | as long as short |
| Pacifica HOODshort | +0.0100% | 1h | 121.49 | −0.013% | $68K | $105K | 10x | |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.55 | +0.033% | $1.3M | $1.2M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.51 | 0.000% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.49 | −0.016% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.48 | −0.027% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 121.54 | +0.025% | $175K | $162K | 20x | as long as short |
| Phoenix HOOD | +0.0132% | 1h | 121.51 | 0.000% | $28K | $238K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0409% | 1h | 121.52 | +0.008% | $7K | $55K | 10x | as long as short |
| edgeX HOODUSDC | +0.0715% | 4h | 121.52 | +0.007% | $366K | $305K | 10x | as long as short |
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Vest HOOD-USD-PERP
QFEX HOOD-USD
Lighter HOOD
Arcus HOOD-USD
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Coinbase International HOOD-PERP-INTX
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
BloFin HOOD-USDT
Phoenix HOOD
Deribit HOOD_USDC-PERPETUAL
edgeX HOODUSDC