Funding you earn now, next payment 09:00 UTC+0.0168%/8h= +18.4% APRpaid last 24h +0.046%
Price spread now: Arcus against Bitget−0.166%7-day average −0.098% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$380.382% of the position
Funding, last 4 days (all we have)+0.119%+$12 on $10k
+Price spread, last 7 days+0.084%+$8 · spread now −0.166%, 7d avg −0.098%
=Funding pays, the price is against you. Arcus is 0.068% cheaper against Bitget than usual: you would sell low and buy high (spread −0.166% now, against its 7-day average of −0.098%). If the spread goes back, that is −$7 on $10k: about 32 hours of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget HOODUSDT | 120.48 | −0.0128 | get 0.0128% / 8h | 7h 49m | $5.5M | $9.8M | 20x |
| Short | Arcus HOOD-USD | 120.28 | 0.0040 | get 0.0005% / 1h | 49m 09s | $1.1M | $1.8M | 10x |
Bitget HOODUSDT
Arcus HOOD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Bitget. 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
- $35.34
- Price spread: −0.166% → −0.098%
- −$6.82
- Slippage, 4 orders
- −$21.69
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$9.67
- Costs to cover
- 0.382%
- Break-even
- 8.9 days
Slippage from Bitget: live order book, 4 min ago; Arcus: 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 Bitget live order book, 4 min ago | 2.91 bp | 11.4 bp −$11 | 33.0 bp −$330 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 5 min ago | 1.25 bp | 7.0 bp −$7 | 7.6 bp −$76 | 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 | −0.465% | $58K | $61K | 30x | as long as short |
| Bitget HOODUSDTlong | −0.0128% | 8h | 120.48 | long leg | $5.5M | $9.8M | 20x | |
| GRVT HOOD_USDT_Perp | −0.0124% | 8h | 120.12 | −0.299% | $842K | $1.9M | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.30 | −0.145% | $108K | $284K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.39 | −0.074% | $357K | $2.2M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 120.45 | −0.028% | $20.8M | $91.8M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 120.46 | −0.017% | $3.7M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.48 | 0.000% | $2.7M | $6.2M | 20x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 120.46 | −0.017% | $602K | $7.0M | 50x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 120.30 | −0.153% | $2.2M | $986K | — | as long as short |
Injective HOOD/USDC PERP
GRVT HOOD_USDT_Perp
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Gate HOOD_USDT
Variational Omni HOODShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex HOODUSDT | 0.0000% | 8h | 120.46 | −0.017% | $986K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0011% | 1h | 120.11 | −0.307% | — | $64K | 25x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0012% | 1h | 120.19 | −0.241% | $1.2M | $1.4M | 15x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 120.43 | −0.041% | $2.8M | $3.0M | 10x | as long as short |
| QFEX HOOD-USD | +0.0038% | 1h | 120.33 | −0.125% | $1.3M | $2.8M | 10x | as long as short |
| Arcus HOOD-USDshort | +0.0040% | 1h | 120.28 | −0.166% | $1.1M | $1.8M | 10x | |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 120.39 | −0.075% | $50.9M | $27.3M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 120.48 | 0.000% | $251K | $343K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.37 | −0.088% | $718 | $4K | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.30 | −0.146% | $74K | $111K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.34 | −0.116% | $1.3M | $1.4M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.16 | −0.266% | $5K | $37K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.32 | −0.133% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.43 | −0.041% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.35 | −0.108% | $173K | $175K | 20x | as long as short |
| Phoenix HOOD | +0.0133% | 1h | 120.18 | −0.249% | $28K | $238K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0165% | 1h | 120.43 | −0.042% | $6K | $53K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0200% | 1h | 119.88 | −0.498% | $195K | $1.8M | 10x | as long as short |
| RISEx HOOD/USDC | +0.0421% | 1h | 120.39 | −0.075% | $417K | $1.4M | 10x | as long as short |
| edgeX HOODUSDC | +0.0791% | 4h | 120.08 | −0.336% | $361K | $303K | 10x | as long as short |
Phemex HOODUSDT
Vest HOOD-USD-PERP
Ondo Perps HOOD-USD.P
Lighter HOOD
QFEX HOOD-USD
tradeXYZ xyz:HOOD
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
BloFin HOOD-USDT
Phoenix HOOD
Deribit HOOD_USDC-PERPETUAL
Coinbase International HOOD-PERP-INTX
RISEx HOOD/USDC
edgeX HOODUSDC