HOOD

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0250%/8h= +27.4% APRnext payment +$2.50 per $10,000 · paid last 24h +0.016%

Price spread now: KuCoin against Bitget−0.017%7-day average −0.048% · you buy dearer than you sell

Net, funding: paid 7d − costs−$144as in the Funding arb table

Net, price: spread back to 7d avg − costs−$142as in the Price arb table

costs, in and out, $10k−$1451.450% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.008%+$1 on $10k

Price spread, last 7 days−0.054%−$5 · spread now −0.017%, 7d avg −0.048%

Together, before fees−0.046%−$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and KuCoin is 0.031% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.048%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.008% in total (about 0.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.50 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget HOODUSDT	120.52	−0.0150	get 0.0150% / 8h	17m 01s	$5.5M	$9.9M	20x
Short	KuCoin HOODUSDTM	120.50	0.0100	get 0.0100% / 8h	17m 01s	$1.3M	$1.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BitgetbpFee KuCoinbpOrdersPrice spread, now −0.017%Rate

Funding earned: $52.5
Price spread: −0.017% → −0.048%: $3.11
Slippage, 4 orders: −$120.95
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$89.34
Costs to cover: 1.450%
Break-even: 18.9 days

Slippage from Bitget: live order book, 1 min ago; KuCoin: live order book, 8 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, 1 min ago	1.24 bp	10.9 bp −$11	17.8 bp −$178	doesn't fit	doesn't fit
Sell KuCoin live order book, 8 min ago	1.66 bp	39.5 bp −$39	doesn't fit	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	120.22	−0.249%	$57K	$57K	30x	as long as short
Gate HOOD_USDT	−0.0167%	8h	120.54	+0.017%	$597K	$7.6M	50x	as long as short
Bitget HOODUSDTlong	−0.0150%	8h	120.52	long leg	$5.5M	$9.9M	20x
Polymarket Perps HOOD-USD	−0.0014%	1h	120.28	−0.199%	$251K	$345K	10x	as long as short
Aster HOODUSDT	0.0000%	8h	120.46	−0.046%	$105K	$281K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	120.43	−0.076%	$358K	$2.2M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	120.48	−0.036%	$20.8M	$91.9M	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	120.43	−0.075%	$3.7M	$8.7M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	120.49	−0.025%	$2.7M	$6.2M	20x	as long as short
Variational Omni HOOD	0.0000%	8h	120.39	−0.109%	$2.2M	$1.0M	—	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT HOOD_USDT_Perp	0.0000%	8h	120.51	−0.009%	$845K	$2.0M	10x	as long as short
Phemex HOODUSDT	0.0000%	8h	120.47	−0.041%	$986K	$8K	10x	as long as short
Vest HOOD-USD-PERP	+0.0018%	1h	120.28	−0.199%	—	$63K	25x	as long as short
Arcus HOOD-USD	+0.0040%	1h	120.37	−0.124%	$1.1M	$1.7M	10x	as long as short
QFEX HOOD-USD	+0.0046%	1h	120.48	−0.033%	$1.3M	$2.9M	10x	as long as short
tradeXYZ xyz:HOOD	+0.0050%	1h	120.39	−0.108%	$51.1M	$26.9M	10x	as long as short
SoDEX HOOD-USD	+0.0050%	1h	120.44	−0.066%	$720	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	120.44	−0.066%	$1.3M	$1.4M	15x	as long as short
Lighter HOOD	+0.0088%	1h	120.44	−0.065%	$2.8M	$3.2M	10x	as long as short
Pacifica HOOD	+0.0100%	1h	120.44	−0.065%	$74K	$111K	10x	as long as short
KuCoin HOODUSDTMshort	+0.0100%	8h	120.50	−0.017%	$1.3M	$1.4M	20x
ApeX Omni HOODUSDT	+0.0100%	1h	120.40	−0.100%	$5K	$40K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	120.44	−0.066%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	120.42	−0.081%	$16K	—	10x	as long as short
BloFin HOOD-USDT	+0.0120%	8h	120.50	−0.017%	$173K	$175K	20x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0192%	1h	120.49	−0.025%	$196K	$1.8M	10x	as long as short
edgeX HOODUSDC	+0.0231%	4h	120.48	−0.037%	$363K	$304K	10x	as long as short
Phoenix HOOD	+0.0265%	1h	120.39	−0.108%	$28K	$238K	10x	as long as short
RISEx HOOD/USDC	+0.0479%	1h	120.50	−0.016%	$403K	$1.4M	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	+0.0664%	1h	120.45	−0.058%	$6K	$52K	10x	as long as short