Funding you earn now, next payment 09:00 UTC+0.0038%/8h= +4.2% APRpaid last 24h +0.017%
Price spread now: QFEX against Bitget+0.016%56s7-day average −0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$370.367% of the position
Funding, last 4 days (all we have)+0.004%$0 on $10k
+Price spread, last 7 days−0.076%−$8 · spread now +0.016%, 7d avg −0.068%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX 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 −0.068%. The two prices were read 56 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 | 122.05 | 0 | get 0.0000% / 8h | 7h 01m | $5.6M | $9.4M | 20x |
| Short | QFEX HOOD-USD | 122.07 | 0.0038 | get 0.0005% / 1h | 1m 39s | $1.3M | $2.8M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $7.96
- Price spread: +0.016% → −0.068%
- $8.43
- Slippage, 4 orders
- −$14.66
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$20.28
- Costs to cover
- 0.367%
- Break-even
- 24.8 days
Slippage from Bitget: live order book, 2 min ago; QFEX: live order book, 6 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, 2 min ago | 2.05 bp | 11.3 bp −$11 | 29.4 bp −$294 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 6 min ago | 2.05 bp | 7.3 bp −$7 | 9.0 bp −$90 | 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 | 121.59 | −0.377% | $30K | $98K | 30x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 122.06 | +0.007% | $110K | $285K | 20x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.97 | −0.066% | $2.7M | $6.1M | 20x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.01 | −0.033% | $574K | $7.2M | 50x | as long as short |
| Bitget HOODUSDTlong | 0.0000% | 8h | 122.05 | long leg | $5.6M | $9.4M | 20x | |
| Variational Omni HOOD | 0.0000% | 8h | 122.02 | −0.021% | $2.3M | $938K | — | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.99 | −0.049% | $998K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0014% | 1h | 121.93 | −0.098% | — | $64K | 25x | as long as short |
| QFEX HOOD-USDshort | +0.0038% | 1h | 122.07 | +0.016% | $1.3M | $2.8M | 10x | |
| Arcus HOOD-USD | +0.0040% | 1h | 121.91 | −0.115% | $1.1M | $1.8M | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.96 | −0.074% | $51.3M | $26.6M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 121.91 | −0.115% | $254K | $336K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.96 | −0.074% | $1.3M | $1.3M | 15x | as long as short |
| Bybit HOODUSDT | +0.0090% | 8h | 121.96 | −0.074% | $3.7M | $7.9M | 25x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.98 | −0.056% | $75K | $108K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.89 | −0.131% | $1.3M | $1.4M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.03 | −0.016% | $5K | $31K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.07 | +0.016% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.03 | −0.013% | $16K | — | 10x | as long as short |
| Lighter HOOD | +0.0112% | 1h | 122.03 | −0.012% | $2.9M | $3.2M | 10x | as long as short |
| Extended HOOD_24_5-USD | +0.0128% | 1h | 121.99 | −0.049% | $361K | $2.3M | 10x | as long as short |
| Binance HOODUSDT | +0.0131% | 8h | 122.03 | −0.019% | $21.2M | $89.2M | 20x | as long as short |
| Phoenix HOOD | +0.0133% | 1h | 121.98 | −0.057% | $28K | $238K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0200% | 1h | 122.08 | +0.025% | $234K | $1.8M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0241% | 8h | 122.15 | +0.082% | $172K | $179K | 20x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0242% | 1h | 122.04 | −0.008% | $6K | $50K | 10x | as long as short |
| edgeX HOODUSDC | +0.0326% | 4h | 122.18 | +0.108% | $368K | $303K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0421% | 1h | 122.25 | +0.160% | $420K | $1.3M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0653% | 1h | 122.06 | +0.005% | $732 | $4K | 10x | as long as short |
| GRVT HOOD_USDT_Perp | +0.0986% | 8h | 122.15 | +0.082% | $862K | $1.8M | 10x | as long as short |
Bitget HOODUSDT
Injective HOOD/USDC PERP
Aster HOODUSDT
OKX HOOD-USDT-SWAP
Gate HOOD_USDT
Variational Omni HOOD
Phemex HOODUSDT
tradeXYZ xyz:HOOD
Polymarket Perps HOOD-USD
Bybit HOODUSDT
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Lighter HOOD
Extended HOOD_24_5-USD
Binance HOODUSDT
Phoenix HOOD
Coinbase International HOOD-PERP-INTX
BloFin HOOD-USDT
Deribit HOOD_USDC-PERPETUAL
edgeX HOODUSDC
RISEx HOOD/USDC
SoDEX HOOD-USD
GRVT HOOD_USDT_Perp