Funding you earn now, next payment 03:00 UTC+0.0024%/8h= +2.7% APRpaid last 24h +0.014%
Price spread now: QFEX against Bybit+0.025%53s7-day average −0.029% · 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−$400.396% of the position
Funding, last 4 days (all we have)−0.043%−$4 on $10k
+Price spread, last 7 days+0.003%$0 · spread now +0.025%, 7d avg −0.029%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.053% dearer against Bybit than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.029%. The two prices were read 53 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 | 121.63 | 0 | get 0.0000% / 8h | 5h 05m | $3.9M | $8.7M | 25x |
| Short | QFEX HOOD-USD | 121.66 | 0.0024 | get 0.0003% / 1h | 5m 44s | $1.3M | $3.7M | 10x |
Bybit HOODUSDT
QFEX HOOD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $5.09
- Price spread: +0.025% → −0.029%
- $5.33
- Slippage, 4 orders
- −$18.57
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$29.15
- Costs to cover
- 0.396%
- Break-even
- 47.1 days
Slippage from Bybit: live order book, 2 min ago; QFEX: live order book, 2 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, 2 min ago | 1.23 bp | 13.6 bp −$14 | 39.2 bp −$392 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 2 min ago | 2.05 bp | 7.1 bp −$7 | 8.5 bp −$85 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps HOOD-USD | −0.0103% | 1h | 121.51 | −0.099% | $252K | $344K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.72 | +0.074% | $106K | $279K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.62 | −0.007% | $358K | $1.3M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.64 | +0.006% | $21.1M | $90.6M | 20x | as long as short |
| Bybit HOODUSDTlong | 0.0000% | 8h | 121.63 | long leg | $3.9M | $8.7M | 25x | |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.60 | −0.025% | $2.7M | $6.1M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.65 | +0.016% | $383K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 121.69 | +0.049% | $579K | $7.8M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 121.65 | +0.016% | $5.4M | $9.6M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.63 | +0.001% | $2.3M | $1.1M | — | as long as short |
Polymarket Perps HOOD-USD
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Bitget HOODUSDT
Variational Omni HOODShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 121.80 | +0.144% | $861K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.67 | +0.033% | $995K | $8K | 10x | as long as short |
| QFEX HOOD-USDshort | +0.0024% | 1h | 121.66 | +0.025% | $1.3M | $3.7M | 10x | |
| Vest HOOD-USD-PERP | +0.0025% | 1h | 121.54 | −0.074% | — | $62K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.67 | +0.033% | $1.1M | $1.7M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.59 | −0.033% | $52.0M | $28.1M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.63 | +0.002% | $733 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.61 | −0.016% | $1.2M | $1.5M | 15x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0056% | 1h | 121.54 | −0.074% | $194K | $1.9M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0079% | 1h | 121.61 | −0.016% | $7K | $68K | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.61 | −0.019% | $68K | $105K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.72 | +0.074% | $1.3M | $1.2M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.72 | +0.074% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.65 | +0.016% | $2K | $2K | 10x | as long as short |
| Lighter HOOD | +0.0104% | 1h | 121.66 | +0.021% | $2.8M | $3.1M | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.61 | −0.016% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 121.77 | +0.115% | $175K | $162K | 20x | as long as short |
| edgeX HOODUSDC | +0.0146% | 4h | 121.80 | +0.139% | $367K | $304K | 10x | as long as short |
| Phoenix HOOD | +0.0197% | 1h | 121.82 | +0.156% | $28K | $239K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0345% | 1h | 121.36 | −0.222% | $58K | $57K | 30x | as long as short |
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Vest HOOD-USD-PERP
Arcus HOOD-USD
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Coinbase International HOOD-PERP-INTX
Deribit HOOD_USDC-PERPETUAL
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Lighter HOOD
Aevo HOOD-PERP
BloFin HOOD-USDT
edgeX HOODUSDC
Phoenix HOOD
Injective HOOD/USDC PERP