Funding you earn now, next payment 00:00 UTC+0.0096%/8h= +10.5% APRpaid last 24h +0.027%
Price spread now: Coinbase International against Bitget−0.114%7-day average −0.198% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$650.646% of the position
Funding, last 7 days+0.120%+$12 on $10k
+Price spread, last 3 days (all we have)+0.100%+$10 · spread now −0.114%, 7d avg −0.198%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.084% dearer against Bitget than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.198%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget HOODUSDT | 122.70 | 0 | get 0.0000% / 8h | 7h 55m | $5.5M | $9.5M | 20x |
| Short | Coinbase International HOOD-PERP-INTX | 122.56 | 0.0096 | get 0.0012% / 1h | 55m 51s | $202K | $1.9M | 10x |
Bitget HOODUSDT
Coinbase International HOOD-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $20.16
- Price spread: −0.114% → −0.198%
- $8.44
- Slippage, 4 orders
- −$42.65
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$36.05
- Costs to cover
- 0.646%
- Break-even
- 19.5 days
Slippage from Bitget: live order book, 3 min ago; Coinbase International: live order book, 3 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, 3 min ago | 2.03 bp | 13.1 bp −$13 | 20.7 bp −$207 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 3 min ago | 14.63 bp | 19.6 bp −$20 | 21.0 bp −$210 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HOODUSDT | 0.0000% | 8h | 122.70 | −0.001% | $108K | $265K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 122.61 | −0.076% | $362K | $1.2M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 122.63 | −0.057% | $22.0M | $89.3M | 20x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.64 | −0.049% | $2.9M | $5.9M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 122.84 | +0.113% | $383K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.66 | −0.033% | $565K | $7.7M | 50x | as long as short |
| Bitget HOODUSDTlong | 0.0000% | 8h | 122.70 | long leg | $5.5M | $9.5M | 20x | |
| Variational Omni HOOD | 0.0000% | 8h | 122.90 | +0.162% | $2.4M | $1.1M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 122.75 | +0.041% | $867K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 122.70 | 0.000% | $1.0M | $8K | 10x | as long as short |
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Phemex HOODUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX HOOD-USD | +0.0014% | 1h | 122.82 | +0.098% | $1.3M | $4.3M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 122.80 | +0.081% | $1.1M | $1.7M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0045% | 1h | 122.59 | −0.090% | — | $63K | 25x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.84 | +0.114% | $1.2M | $1.7M | 15x | as long as short |
| Coinbase International HOOD-PERP-INTXshort | +0.0096% | 1h | 122.56 | −0.114% | $202K | $1.9M | 10x | |
| Pacifica HOOD | +0.0100% | 1h | 122.82 | +0.101% | $71K | $114K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.76 | +0.049% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.73 | +0.024% | $5K | $127K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.67 | −0.024% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.62 | −0.066% | $16K | — | 10x | as long as short |
| SoDEX HOOD-USD | +0.0110% | 1h | 122.68 | −0.016% | $739 | $4K | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 123.00 | +0.244% | $183K | $125K | 20x | as long as short |
| Phoenix HOOD | +0.0196% | 1h | 122.92 | +0.179% | $28K | $239K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0213% | 1h | 122.80 | +0.081% | $63K | $49K | 30x | as long as short |
| Lighter HOOD | +0.0224% | 1h | 122.66 | −0.029% | $2.9M | $2.1M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0240% | 1h | 122.63 | −0.057% | $8K | $70K | 10x | as long as short |
| edgeX HOODUSDC | +0.0327% | 4h | 122.75 | +0.040% | $369K | $307K | 10x | as long as short |
| Bybit HOODUSDT | +0.0382% | 8h | 122.69 | −0.008% | $3.9M | $8.7M | 25x | as long as short |
| Polymarket Perps HOOD-USD | +0.0451% | 1h | 122.59 | −0.090% | $269K | $332K | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.1022% | 1h | 122.61 | −0.073% | $52.6M | $29.9M | 10x | as long as short |
QFEX HOOD-USD
Arcus HOOD-USD
Vest HOOD-USD-PERP
Ondo Perps HOOD-USD.P
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
SoDEX HOOD-USD
BloFin HOOD-USDT
Phoenix HOOD
Injective HOOD/USDC PERP
Lighter HOOD
Deribit HOOD_USDC-PERPETUAL
edgeX HOODUSDC
Bybit HOODUSDT
Polymarket Perps HOOD-USD
tradeXYZ xyz:HOOD