Funding you earn now, next payment 07:00 UTC+0.0365%/8h= +40.0% APRpaid last 24h +0.072%
Price spread now: RISEx against Bybit+0.050%7-day average +0.041% · 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−$38as in the Price arb table
costs, in and out, $10k−$390.386% of the position
Funding, last 4 days (all we have)+0.118%+$12 on $10k
+Price spread, last 5 days (all we have)+0.090%+$9 · spread now +0.050%, 7d avg +0.041%
=The price spread sits at its 7-day average of +0.041%, so right now this pair is about funding alone: +$11 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.118% in total (about 11.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit HOODUSDT | 120.71 | 0 | get 0.0000% / 8h | 1h 42m | $3.7M | $8.9M | 25x |
| Short | RISEx HOOD/USDC | 120.77 | 0.0365 | get 0.0046% / 1h | 42m 05s | $374K | $1.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- $76.63
- Price spread: +0.050% → +0.041%
- $0.87
- Slippage, 4 orders
- −$21.6
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $38.9
- Costs to cover
- 0.386%
- Break-even
- 3.4 days
Slippage from Bybit: live order book, 1 min ago; RISEx: 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, 1 min ago | 0.83 bp | 16.4 bp −$16 | 44.2 bp −$442 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 2 min ago | 2.48 bp | 5.5 bp −$5 | 6.0 bp −$60 | 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 | −0.0392% | 1h | 120.80 | +0.075% | $58K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0177% | 8h | 120.78 | +0.058% | $599K | $7.7M | 50x | as long as short |
| Bitget HOODUSDT | −0.0109% | 8h | 120.79 | +0.066% | $5.4M | $10.0M | 20x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.75 | +0.036% | $105K | $281K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.70 | −0.005% | $356K | $1.3M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 120.73 | +0.017% | $20.8M | $92.3M | 20x | as long as short |
| Bybit HOODUSDTlong | 0.0000% | 8h | 120.71 | long leg | $3.7M | $8.9M | 25x | |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.69 | −0.017% | $2.7M | $6.1M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 120.70 | −0.009% | $2.3M | $1.0M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 120.78 | +0.060% | $853K | $2.0M | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex HOODUSDT | 0.0000% | 8h | 120.74 | +0.025% | $988K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0015% | 1h | 120.58 | −0.108% | — | $63K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.69 | −0.017% | $1.1M | $1.7M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 120.54 | −0.141% | $250K | $344K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.70 | −0.008% | $721 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.75 | +0.033% | $1.2M | $1.4M | 15x | as long as short |
| QFEX HOOD-USD | +0.0062% | 1h | 120.70 | −0.008% | $1.3M | $3.0M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.69 | −0.016% | $67K | $105K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.78 | +0.058% | $1.3M | $1.3M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.70 | −0.008% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.71 | 0.000% | $2K | $2K | 10x | as long as short |
| Lighter HOOD | +0.0104% | 1h | 120.72 | +0.007% | $2.8M | $3.2M | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.70 | −0.004% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.86 | +0.124% | $175K | $160K | 20x | as long as short |
| tradeXYZ xyz:HOOD | +0.0129% | 1h | 120.66 | −0.041% | $51.3M | $27.9M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0184% | 1h | 120.60 | −0.091% | $196K | $1.8M | 10x | as long as short |
| Phoenix HOOD | +0.0198% | 1h | 120.73 | +0.017% | $28K | $238K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0330% | 1h | 120.70 | −0.008% | $6K | $52K | 10x | as long as short |
| RISEx HOOD/USDCshort | +0.0365% | 1h | 120.77 | +0.050% | $374K | $1.4M | 10x | |
| edgeX HOODUSDC | +0.0510% | 4h | 120.75 | +0.036% | $363K | $305K | 10x | as long as short |
Bybit HOODUSDT
RISEx HOOD/USDC
Injective HOOD/USDC PERP
Gate HOOD_USDT
Bitget HOODUSDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
OKX HOOD-USDT-SWAP
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Lighter HOOD
BloFin HOOD-USDT
tradeXYZ xyz:HOOD
Coinbase International HOOD-PERP-INTX
Phoenix HOOD
Deribit HOOD_USDC-PERPETUAL
edgeX HOODUSDC