Funding you earn now, next payment 09:00 UTC−0.0312%/8h= −34.2% APRpaid last 24h +0.019%
Price spread now: Injective against Bitget−0.390%101s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.227%−$23 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Injective is 0.390% cheaper against Bitget than usual: you would sell low and buy high (−$39 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget HOODUSDT | 120.39 | −0.0128 | get 0.0128% / 8h | 7h 49m | $5.5M | $9.8M | 20x |
| Short | Injective HOOD/USDC PERP | 119.92 | −0.0440 | pay 0.0055% / 1h | 49m 37s | $58K | $61K | 30x |
Bitget HOODUSDT
Injective HOOD/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$65.52
- Price spread: −0.390% → 0.000%
- −$39.04
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$116.58
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 4 min ago; Injective: no order-book sample. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 PERPshort | −0.0440% | 1h | 119.92 | −0.390% | $58K | $61K | 30x | |
| Bitget HOODUSDTlong | −0.0128% | 8h | 120.39 | long leg | $5.5M | $9.8M | 20x | |
| GRVT HOOD_USDT_Perp | −0.0124% | 8h | 120.12 | −0.224% | $842K | $1.9M | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.25 | −0.118% | $108K | $284K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.34 | −0.042% | $357K | $2.2M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 120.35 | −0.032% | $20.8M | $91.7M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 120.34 | −0.042% | $3.7M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.34 | −0.042% | $2.7M | $6.2M | 20x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 120.35 | −0.033% | $601K | $7.0M | 50x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 120.30 | −0.079% | $2.2M | $986K | — | as long as short |
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 | 120.22 | −0.141% | $984K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0011% | 1h | 120.06 | −0.274% | — | $64K | 25x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0012% | 1h | 120.19 | −0.166% | $1.2M | $1.4M | 15x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 120.38 | −0.012% | $2.8M | $3.0M | 10x | as long as short |
| QFEX HOOD-USD | +0.0038% | 1h | 120.33 | −0.050% | $1.3M | $2.8M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.28 | −0.091% | $1.1M | $1.8M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 120.33 | −0.050% | $50.9M | $27.3M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 120.12 | −0.224% | $250K | $343K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.19 | −0.169% | $717 | $4K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0083% | 1h | 120.23 | −0.133% | $6K | $53K | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.30 | −0.072% | $74K | $111K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.29 | −0.083% | $1.3M | $1.4M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.16 | −0.191% | $5K | $37K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.16 | −0.191% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.14 | −0.206% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.20 | −0.158% | $173K | $174K | 20x | as long as short |
| Phoenix HOOD | +0.0133% | 1h | 120.14 | −0.208% | $28K | $238K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0200% | 1h | 119.88 | −0.424% | $195K | $1.8M | 10x | as long as short |
| RISEx HOOD/USDC | +0.0421% | 1h | 120.39 | 0.000% | $417K | $1.4M | 10x | as long as short |
| edgeX HOODUSDC | +0.0791% | 4h | 120.08 | −0.261% | $361K | $303K | 10x | as long as short |
Phemex HOODUSDT
Vest HOOD-USD-PERP
Ondo Perps HOOD-USD.P
Lighter HOOD
QFEX HOOD-USD
Arcus HOOD-USD
tradeXYZ xyz:HOOD
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Deribit HOOD_USDC-PERPETUAL
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
BloFin HOOD-USDT
Phoenix HOOD
Coinbase International HOOD-PERP-INTX
RISEx HOOD/USDC
edgeX HOODUSDC