Funding you earn now, next payment 08:00 UTC−0.0172%/8h= −18.8% APRnext payment −$1.72 per $10,000 · paid last 24h +0.040%
Price spread now: Gate against Bybit+0.025%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$600.605% of the position
Funding, last 7 days−0.095%−$9 on $10k
+Price spread, last 7 days+0.045%+$5 · spread now +0.025%, 7d avg +0.010%
=The price spread sits at its 7-day average of +0.010%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit HOODUSDT | 121.18 | 0 | get 0.0000% / 8h | 2h 12m | $3.7M | $8.9M | 25x |
| Short | Gate HOOD_USDT | 121.21 | −0.0172 | pay 0.0172% / 8h | 2h 12m | $604K | $7.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$36.12
- Price spread: +0.025% → +0.010%
- $1.45
- Slippage, 4 orders
- −$34.47
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$95.13
- Costs to cover
- 0.605%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Gate: live order book, 1 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, 1 min ago | 0.41 bp | 10.2 bp −$10 | 32.4 bp −$324 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 3.30 bp | 23.1 bp −$23 | 76.0 bp −$760 | 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 | 120.56 | −0.512% | $57K | $57K | 30x | as long as short |
| Bitget HOODUSDT | −0.0237% | 8h | 121.18 | 0.000% | $5.4M | $9.9M | 20x | as long as short |
| Gate HOOD_USDTshort | −0.0172% | 8h | 121.21 | +0.025% | $604K | $7.7M | 50x | |
| Polymarket Perps HOOD-USD | −0.0002% | 1h | 120.88 | −0.248% | $251K | $344K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.01 | −0.141% | $106K | $281K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.15 | −0.028% | $358K | $1.3M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.18 | 0.000% | $20.7M | $91.9M | 20x | as long as short |
| Bybit HOODUSDTlong | 0.0000% | 8h | 121.18 | long leg | $3.7M | $8.9M | 25x | |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.15 | −0.025% | $2.7M | $6.1M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.00 | −0.149% | $2.3M | $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 | 120.98 | −0.167% | $856K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.14 | −0.033% | $991K | $9K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0010% | 1h | 120.82 | −0.297% | — | $63K | 25x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 121.15 | −0.023% | $2.8M | $3.2M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.89 | −0.239% | $1.1M | $1.7M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.09 | −0.074% | $51.4M | $28.1M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.08 | −0.083% | $723 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.96 | −0.182% | $1.2M | $1.4M | 15x | as long as short |
| QFEX HOOD-USD | +0.0053% | 1h | 121.04 | −0.116% | $1.3M | $3.0M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.04 | −0.112% | $67K | $105K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.00 | −0.149% | $1.3M | $1.3M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.86 | −0.264% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.12 | −0.050% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.15 | −0.024% | $16K | — | 10x | as long as short |
| RISEx HOOD/USDC | +0.0109% | 1h | 121.06 | −0.101% | $400K | $1.4M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.99 | −0.157% | $173K | $158K | 20x | as long as short |
| Phoenix HOOD | +0.0132% | 1h | 120.95 | −0.190% | $28K | $238K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0184% | 1h | 120.34 | −0.693% | $192K | $1.8M | 10x | as long as short |
| edgeX HOODUSDC | +0.0543% | 4h | 120.98 | −0.163% | $364K | $305K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.1154% | 1h | 121.22 | +0.033% | $6K | $55K | 10x | as long as short |
Bybit HOODUSDT
Gate HOOD_USDT
Injective HOOD/USDC PERP
Bitget HOODUSDT
Polymarket Perps HOOD-USD
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
OKX HOOD-USDT-SWAP
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Lighter HOOD
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
RISEx HOOD/USDC
BloFin HOOD-USDT
Phoenix HOOD
Coinbase International HOOD-PERP-INTX
edgeX HOODUSDC
Deribit HOOD_USDC-PERPETUAL