Funding you earn now, next payment 01:00 UTC+0.0158%/8h= +17.3% APRpaid last 24h +0.023%
Price spread now: tradeXYZ against Bitget−0.032%7-day average −0.100% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$420.424% of the position
Funding, last 7 days+0.107%+$11 on $10k
+Price spread, last 7 days−0.026%−$3 · spread now −0.032%, 7d avg −0.100%
=Together, before fees+0.080%+ Points / potential airdroptradeXYZ: Active · farm board+$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and tradeXYZ is 0.067% dearer against Bitget than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.100%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget HOODUSDT | 123.09 | 0 | get 0.0000% / 8h | 7h 24m | $5.6M | $9.5M | 20x |
| Short | tradeXYZ xyz:HOOD | 123.05 | 0.0158 | get 0.0020% / 1h | 24m 55s | $52.9M | $27.8M | 10x |
Bitget HOODUSDT
tradeXYZ xyz:HOODFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $33.16
- Price spread: −0.032% → −0.100%
- $6.74
- Slippage, 4 orders
- −$12.39
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$2.48
- Costs to cover
- 0.424%
- Break-even
- 7.5 days
Slippage from Bitget: live order book, 4 min ago; tradeXYZ: 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 | 2.03 bp | 9.6 bp −$10 | 21.8 bp −$218 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 5 min ago | 0.41 bp | 11.8 bp −$12 | 15.7 bp −$157 | 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 | 122.92 | −0.136% | $108K | $268K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 123.05 | −0.035% | $364K | $1.4M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 123.05 | −0.032% | $21.9M | $89.3M | 20x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 123.02 | −0.057% | $2.9M | $5.9M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 123.05 | −0.037% | $379K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 123.04 | −0.041% | $577K | $7.8M | 50x | as long as short |
| Bitget HOODUSDTlong | 0.0000% | 8h | 123.09 | long leg | $5.6M | $9.5M | 20x | |
| Variational Omni HOOD | 0.0000% | 8h | 123.01 | −0.065% | $2.3M | $1.1M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 123.10 | +0.008% | $864K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 123.04 | −0.041% | $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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit HOODUSDT | +0.0011% | 8h | 123.11 | +0.016% | $3.9M | $8.7M | 25x | as long as short |
| QFEX HOOD-USD | +0.0014% | 1h | 123.07 | −0.016% | $1.3M | $4.1M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0040% | 1h | 122.99 | −0.081% | — | $63K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 122.99 | −0.081% | $1.1M | $1.8M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 122.91 | −0.146% | $260K | $340K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 123.06 | −0.028% | $741 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.97 | −0.097% | $1.2M | $1.6M | 15x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0075% | 1h | 123.04 | −0.041% | $8K | $69K | 10x | as long as short |
| Lighter HOOD | +0.0080% | 1h | 123.06 | −0.024% | $2.9M | $2.1M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0096% | 1h | 122.34 | −0.609% | $202K | $1.9M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 123.07 | −0.020% | $71K | $110K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 123.02 | −0.057% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.95 | −0.114% | $5K | $107K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 123.05 | −0.032% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 123.05 | −0.029% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 123.11 | +0.016% | $181K | $116K | 20x | as long as short |
| tradeXYZ xyz:HOODshort | +0.0158% | 1h | 123.05 | −0.032% | $52.9M | $27.8M | 10x | |
| Phoenix HOOD | +0.0196% | 1h | 123.09 | 0.000% | $28K | $239K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0213% | 1h | 122.88 | −0.171% | $63K | $49K | 30x | as long as short |
| edgeX HOODUSDC | +0.0492% | 4h | 123.07 | −0.019% | $370K | $307K | 10x | as long as short |
Bybit HOODUSDT
QFEX HOOD-USD
Vest HOOD-USD-PERP
Arcus HOOD-USD
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Deribit HOOD_USDC-PERPETUAL
Lighter HOOD
Coinbase International HOOD-PERP-INTX
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
BloFin HOOD-USDT
Phoenix HOOD
Injective HOOD/USDC PERP
edgeX HOODUSDC