Funding you earn now, next payment 05:00 UTC+0.0022%/8h= +2.4% APRpaid last 24h −0.005%
Price spread now: QFEX against Binance+0.043%7-day average −0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$270.271% of the position
Funding, last 4 days (all we have)−0.033%−$3 on $10k
+Price spread, last 7 days−0.092%−$9 · spread now +0.043%, 7d avg −0.053%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.095% dearer against Binance than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.053%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HOODUSDT | 121.16 | 0 | get 0.0000% / 8h | 3h 48m | $20.8M | $91.0M | 20x |
| Short | QFEX HOOD-USD | 121.21 | 0.0022 | get 0.0003% / 1h | 48m 49s | $1.3M | $3.5M | 10x |
Binance HOODUSDT
QFEX HOOD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $4.55
- Price spread: +0.043% → −0.053%
- $9.55
- Slippage, 4 orders
- −$7.12
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$13.02
- Costs to cover
- 0.271%
- Break-even
- 27.0 days
Slippage from Binance: live order book, 9 min ago; QFEX: live order book, 4 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 | 0.41 bp | 7.4 bp −$7 | 14.4 bp −$144 | 50.4 bp −$5,038 | doesn't fit |
| Sell QFEX live order book, 4 min ago | 1.65 bp | 6.6 bp −$7 | 9.5 bp −$95 | 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 | 121.21 | +0.043% | $58K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0096% | 8h | 121.18 | +0.018% | $574K | $7.7M | 50x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.19 | +0.023% | $106K | $280K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.11 | −0.042% | $357K | $1.4M | 10x | as long as short |
| Binance HOODUSDTlong | 0.0000% | 8h | 121.16 | long leg | $20.8M | $91.0M | 20x | |
| Bybit HOODUSDT | 0.0000% | 8h | 121.18 | +0.018% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.17 | +0.010% | $2.7M | $6.0M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.18 | +0.018% | $389K | $1.4M | 10x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 121.20 | +0.035% | $5.4M | $9.6M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.29 | +0.112% | $2.3M | $1.1M | — | as long as short |
Injective HOOD/USDC PERP
Gate HOOD_USDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Bitget HOODUSDT
Variational Omni HOODShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 121.50 | +0.282% | $850K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.20 | +0.035% | $991K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0016% | 1h | 121.03 | −0.106% | — | $63K | 25x | as long as short |
| QFEX HOOD-USDshort | +0.0022% | 1h | 121.21 | +0.043% | $1.3M | $3.5M | 10x | |
| Polymarket Perps HOOD-USD | +0.0028% | 1h | 121.00 | −0.130% | $251K | $344K | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.28 | +0.101% | $1.1M | $1.7M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.08 | −0.064% | $51.5M | $28.3M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.13 | −0.020% | $731 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.18 | +0.018% | $1.2M | $1.5M | 15x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.21 | +0.040% | $68K | $109K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.20 | +0.035% | $1.3M | $1.2M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.41 | +0.208% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.17 | +0.010% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.14 | −0.017% | $16K | — | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0120% | 1h | 121.10 | −0.048% | $193K | $1.9M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 121.24 | +0.068% | $174K | $160K | 20x | as long as short |
| Phoenix HOOD | +0.0132% | 1h | 121.24 | +0.068% | $27K | $238K | 10x | as long as short |
| Lighter HOOD | +0.0216% | 1h | 121.16 | +0.003% | $2.8M | $3.1M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0246% | 1h | 121.15 | −0.007% | $6K | $57K | 10x | as long as short |
| edgeX HOODUSDC | +0.0560% | 4h | 121.49 | +0.274% | $366K | $304K | 10x | as long as short |
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Vest HOOD-USD-PERP
Polymarket Perps HOOD-USD
Arcus HOOD-USD
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
Coinbase International HOOD-PERP-INTX
BloFin HOOD-USDT
Phoenix HOOD
Lighter HOOD
Deribit HOOD_USDC-PERPETUAL
edgeX HOODUSDC