HOOD

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0056%/8h= −6.1% APRnext payment −$0.07 per $10,000 · paid last 24h −0.015%

Price spread now: Arcus against Coinbase International+0.401%7-day average +0.090% · 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−$8as in the Price arb table

costs, in and out, $10k−$390.390% of the position

Long on Coinbase International Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.026%+$3 on $10k

Price spread, last 3 days (all we have)−0.392%−$39 · spread now +0.401%, 7d avg +0.090%

Together, before fees−0.366%−$37 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Arcus is 0.310% dearer against Coinbase International than usual: you sell high and buy low (spread +0.401% now, against its 7-day average of +0.090%): +$31 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 19 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International HOOD-PERP-INTX	122.34	0.0096	pay 0.0012% / 1h	32m 05s	$202K	$1.9M	10x
Short	Arcus HOOD-USD	122.83	0.0040	get 0.0005% / 1h	32m 05s	$1.1M	$1.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Coinbase International. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee ArcusbpOrdersPrice spread, now +0.401%Rate

Funding earned: −$11.7
Price spread: +0.401% → +0.090%: $31.04
Slippage, 4 orders: −$24.5
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$19.66
Costs to cover: 0.390%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 2 min ago; Arcus: 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 Coinbase International live order book, 2 min ago	5.29 bp	10.3 bp −$10	14.0 bp −$140	doesn't fit	doesn't fit
Sell Arcus live order book, 2 min ago	0.81 bp	9.2 bp −$9	15.2 bp −$152	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	122.85	+0.419%	$108K	$268K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	122.97	+0.515%	$362K	$1.6M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	123.06	+0.588%	$21.9M	$89.3M	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	123.06	+0.589%	$3.9M	$8.7M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	123.00	+0.539%	$2.9M	$5.9M	20x	as long as short
RISEx HOOD/USDC	0.0000%	1h	122.91	+0.466%	$382K	$1.4M	10x	as long as short
Gate HOOD_USDT	0.0000%	8h	122.94	+0.490%	$576K	$7.8M	50x	as long as short
Bitget HOODUSDT	0.0000%	8h	123.01	+0.548%	$5.6M	$9.5M	20x	as long as short
Variational Omni HOOD	0.0000%	8h	122.87	+0.430%	$2.4M	$1.1M	—	as long as short
GRVT HOOD_USDT_Perp	0.0000%	8h	122.83	+0.400%	$862K	$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	123.03	+0.564%	$1.0M	$8K	10x	as long as short
QFEX HOOD-USD	+0.0014%	1h	122.89	+0.450%	$1.3M	$4.1M	10x	as long as short
Vest HOOD-USD-PERP	+0.0040%	1h	122.75	+0.335%	—	$63K	25x	as long as short
Arcus HOOD-USDshort	+0.0040%	1h	122.83	+0.401%	$1.1M	$1.8M	10x
Polymarket Perps HOOD-USD	+0.0050%	1h	122.78	+0.360%	$265K	$335K	10x	as long as short
SoDEX HOOD-USD	+0.0050%	1h	122.96	+0.505%	$740	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	122.75	+0.335%	$1.2M	$1.6M	15x	as long as short
Lighter HOOD	+0.0088%	1h	122.97	+0.519%	$2.9M	$2.1M	10x	as long as short
Coinbase International HOOD-PERP-INTXlong	+0.0096%	1h	122.34	long leg	$202K	$1.9M	10x
Pacifica HOOD	+0.0100%	1h	122.92	+0.476%	$71K	$110K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	122.92	+0.474%	$1.3M	$1.1M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	122.80	+0.376%	$5K	$107K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	122.94	+0.490%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	122.94	+0.489%	$16K	—	10x	as long as short
BloFin HOOD-USDT	+0.0120%	8h	122.88	+0.441%	$181K	$125K	20x	as long as short
tradeXYZ xyz:HOOD	+0.0165%	1h	123.00	+0.539%	$52.8M	$27.7M	10x	as long as short
Phoenix HOOD	+0.0196%	1h	122.91	+0.466%	$28K	$239K	10x	as long as short
Injective HOOD/USDC PERP	+0.0213%	1h	122.88	+0.441%	$63K	$49K	30x	as long as short
Deribit HOOD_USDC-PERPETUAL	+0.0238%	1h	122.97	+0.515%	$8K	$69K	10x	as long as short
edgeX HOODUSDC	+0.0725%	4h	122.84	+0.407%	$370K	$308K	10x	as long as short