Funding you earn now, next payment 12:00 UTC+0.0128%/8h= +14.0% APRpaid last 24h +0.099%
Price spread now: edgeX against Bybit+0.160%81s7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$470.472% of the position
Funding, last 7 days+0.305%+$30 on $10k
+Price spread, last 4 days (all we have)−0.038%−$4 · spread now +0.160%, 7d avg +0.014%
=Together, before fees+0.267%+ Points / potential airdropedgeX: Active · farm board+$27 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and edgeX is 0.146% dearer against Bybit than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.014%. The two prices were read 81 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 | Bybit HOODUSDT | 119.71 | 0 | get 0.0000% / 8h | 7h 28m | $3.7M | $8.5M | 25x |
| Short | edgeX HOODUSDC | 119.90 | 0.0128 | get 0.0064% / 4h | 3h 28m | $361K | $304K | 10x |
Bybit HOODUSDT
edgeX HOODUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Bybit. 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
- $26.89
- Price spread: +0.160% → +0.014%
- $14.59
- Slippage, 4 orders
- −$27.24
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$5.75
- Costs to cover
- 0.472%
- Break-even
- 8.5 days
Slippage from Bybit: live order book, 5 min ago; edgeX: 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 Bybit live order book, 5 min ago | 1.25 bp | 12.6 bp −$13 | 31.3 bp −$313 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 5 min ago | 6.66 bp | 11.7 bp −$12 | 21.6 bp −$216 | 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 | 119.96 | +0.209% | $49K | $65K | 30x | as long as short |
| Bitget HOODUSDT | −0.0028% | 8h | 119.69 | −0.017% | $5.5M | $9.7M | 20x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 119.72 | +0.006% | $108K | $284K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 119.66 | −0.040% | $353K | $2.2M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 119.69 | −0.019% | $20.7M | $91.5M | 20x | as long as short |
| Bybit HOODUSDTlong | 0.0000% | 8h | 119.71 | long leg | $3.7M | $8.5M | 25x | |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 119.71 | 0.000% | $2.6M | $6.1M | 20x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 119.68 | −0.025% | $593K | $7.0M | 50x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 119.91 | +0.163% | $2.2M | $979K | — | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 119.80 | +0.075% | $980K | $8K | 10x | as long as short |
Injective HOOD/USDC PERP
Bitget HOODUSDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
OKX HOOD-USDT-SWAP
Gate HOOD_USDT
Variational Omni HOOD
Phemex HOODUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest HOOD-USD-PERP | +0.0004% | 1h | 119.42 | −0.242% | — | $64K | 25x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 119.65 | −0.047% | $2.8M | $3.1M | 10x | as long as short |
| QFEX HOOD-USD | +0.0038% | 1h | 119.57 | −0.117% | $1.3M | $2.8M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 119.58 | −0.109% | $1.1M | $1.8M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 119.61 | −0.084% | $50.4M | $27.2M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 119.55 | −0.134% | $249K | $336K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 119.66 | −0.046% | $847 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 119.60 | −0.092% | $1.2M | $1.4M | 15x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 119.63 | −0.065% | $73K | $107K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 119.73 | +0.017% | $1.3M | $1.4M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 119.70 | −0.008% | $5K | $36K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 119.68 | −0.025% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 119.62 | −0.078% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 119.86 | +0.125% | $173K | $175K | 20x | as long as short |
| GRVT HOOD_USDT_Perp | +0.0125% | 8h | 119.85 | +0.114% | $847K | $1.9M | 10x | as long as short |
| edgeX HOODUSDCshort | +0.0128% | 4h | 119.90 | +0.160% | $361K | $304K | 10x | |
| Phoenix HOOD | +0.0133% | 1h | 120.33 | +0.518% | $28K | $238K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0200% | 1h | 119.88 | +0.142% | $195K | $1.8M | 10x | as long as short |
| RISEx HOOD/USDC | +0.0421% | 1h | 119.72 | +0.004% | $422K | $1.3M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0503% | 1h | 119.66 | −0.042% | $6K | $53K | 10x | as long as short |
Vest HOOD-USD-PERP
Lighter HOOD
QFEX HOOD-USD
Arcus HOOD-USD
tradeXYZ xyz:HOOD
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
BloFin HOOD-USDT
GRVT HOOD_USDT_Perp
Phoenix HOOD
Coinbase International HOOD-PERP-INTX
RISEx HOOD/USDC
Deribit HOOD_USDC-PERPETUAL