Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.019%
Price spread now: tradeXYZ against Binance−0.041%7-day average −0.084% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$380.383% of the position
Funding, last 7 days+0.019%+$2 on $10k
+Price spread, last 7 days−0.021%−$2 · spread now −0.041%, 7d avg −0.084%
=Together, before fees−0.002%+ Points / potential airdroptradeXYZ: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.042% dearer against Binance than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.084%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HOODUSDT | 120.61 | 0 | get 0.0000% / 8h | 34m 01s | $20.8M | $92.0M | 20x |
| Short | tradeXYZ xyz:HOOD | 120.56 | 0.0050 | get 0.0006% / 1h | 34m 01s | $51.1M | $26.9M | 10x |
Binance HOODUSDT
tradeXYZ xyz:HOODFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $10.5
- Price spread: −0.041% → −0.084%
- $4.21
- Slippage, 4 orders
- −$10.27
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$23.56
- Costs to cover
- 0.383%
- Break-even
- 22.7 days
Slippage from Binance: live order book, 9 min ago; tradeXYZ: 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 | 0.41 bp | 7.3 bp −$7 | 9.3 bp −$93 | 59.8 bp −$5,979 | doesn't fit |
| Sell tradeXYZ live order book, 5 min ago | 0.83 bp | 11.8 bp −$12 | 17.9 bp −$179 | 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 | 120.48 | −0.108% | $57K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0175% | 8h | 120.62 | +0.008% | $598K | $7.6M | 50x | as long as short |
| Bitget HOODUSDT | −0.0087% | 8h | 120.69 | +0.066% | $5.5M | $9.9M | 20x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.60 | −0.007% | $105K | $281K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.58 | −0.021% | $356K | $2.2M | 10x | as long as short |
| Binance HOODUSDTlong | 0.0000% | 8h | 120.61 | long leg | $20.8M | $92.0M | 20x | |
| Bybit HOODUSDT | 0.0000% | 8h | 120.58 | −0.025% | $3.7M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.59 | −0.017% | $2.7M | $6.2M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 120.66 | +0.039% | $2.2M | $1.0M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 120.75 | +0.116% | $853K | $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 | 120.59 | −0.017% | $987K | $8K | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0002% | 1h | 120.44 | −0.141% | $251K | $345K | 10x | as long as short |
| edgeX HOODUSDC | +0.0017% | 4h | 120.74 | +0.107% | $363K | $304K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0019% | 1h | 120.41 | −0.166% | — | $63K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.59 | −0.017% | $1.1M | $1.7M | 10x | as long as short |
| QFEX HOOD-USD | +0.0046% | 1h | 120.59 | −0.017% | $1.3M | $2.9M | 10x | as long as short |
| tradeXYZ xyz:HOODshort | +0.0050% | 1h | 120.56 | −0.041% | $51.1M | $26.9M | 10x | |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.58 | −0.023% | $722 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.59 | −0.017% | $1.3M | $1.4M | 15x | as long as short |
| Lighter HOOD | +0.0088% | 1h | 120.57 | −0.031% | $2.8M | $3.2M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.58 | −0.029% | $74K | $111K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.57 | −0.033% | $1.3M | $1.4M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.69 | +0.066% | $5K | $40K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.58 | −0.025% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.59 | −0.020% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.68 | +0.058% | $173K | $170K | 20x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0192% | 1h | 120.67 | +0.050% | $197K | $1.8M | 10x | as long as short |
| Phoenix HOOD | +0.0265% | 1h | 120.71 | +0.083% | $28K | $238K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0479% | 1h | 120.62 | +0.012% | $397K | $1.4M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0663% | 1h | 120.59 | −0.017% | $6K | $52K | 10x | as long as short |
Phemex HOODUSDT
Polymarket Perps HOOD-USD
edgeX HOODUSDC
Vest HOOD-USD-PERP
Arcus HOOD-USD
QFEX HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Lighter HOOD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
BloFin HOOD-USDT
Coinbase International HOOD-PERP-INTX
Phoenix HOOD
RISEx HOOD/USDC
Deribit HOOD_USDC-PERPETUAL