Funding you earn now, next payment 21:00 UTC−0.0053%/8h= −5.8% APRpaid last 24h −0.008%
Price spread now: Binance against Coinbase International+0.166%53s7-day average +0.166% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as 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−$390.388% of the position
Funding, last 7 days−0.038%−$4 on $10k
+Price spread, last 2 days (all we have)+0.245%+$24 · spread now +0.166%, 7d avg +0.166%
=The price spread sits at its 7-day average of +0.166%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. 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 | Coinbase International HOOD-PERP-INTX | 123.41 | 0.0192 | pay 0.0024% / 1h | 8m 26s | $196K | $1.8M | 10x |
| Short | Binance HOODUSDT | 123.61 | 0.0139 | get 0.0139% / 8h | 2h 08m | $23.8M | $84.3M | 20x |
Coinbase International HOOD-PERP-INTX
Binance HOODUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$11.1
- Price spread: +0.166% → +0.166%
- −$0.07
- Slippage, 4 orders
- −$18.85
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$50.02
- Costs to cover
- 0.388%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 5 min ago; Binance: live order book, 4 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, 5 min ago | 6.48 bp | 11.9 bp −$12 | 16.9 bp −$169 | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 0.40 bp | 8.9 bp −$9 | 19.1 bp −$191 | 41.7 bp −$4,166 | 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 | −0.0005% | 1h | 123.44 | +0.024% | $263K | $320K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 123.62 | +0.170% | $110K | $262K | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 123.61 | +0.162% | $4.0M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 123.65 | +0.194% | $3.0M | $5.7M | 20x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 123.61 | +0.162% | $554K | $7.9M | 50x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 123.62 | +0.170% | $1.0M | $8K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0004% | 1h | 123.73 | +0.259% | $63K | $50K | 30x | as long as short |
| Bitget HOODUSDT | +0.0009% | 8h | 123.62 | +0.170% | $5.7M | $9.2M | 20x | as long as short |
| Variational Omni HOOD | +0.0024% | 8h | 123.61 | +0.164% | $2.4M | $1.0M | — | as long as short |
| Lighter HOOD | +0.0032% | 1h | 123.61 | +0.165% | $3.0M | $2.0M | 10x | as long as short |
Polymarket Perps HOOD-USD
Aster HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Gate HOOD_USDT
Phemex HOODUSDT
Injective HOOD/USDC PERP
Bitget HOODUSDT
Variational Omni HOOD
Lighter HOODShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest HOOD-USD-PERP | +0.0046% | 1h | 123.54 | +0.105% | — | $63K | 25x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 123.59 | +0.150% | $744 | $3K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 123.51 | +0.081% | $1.4M | $1.3M | 15x | as long as short |
| QFEX HOOD-USD | +0.0061% | 1h | 123.58 | +0.138% | $1.3M | $4.1M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 123.62 | +0.171% | $80K | $110K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 123.65 | +0.194% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 123.61 | +0.162% | $45K | $247K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 123.61 | +0.162% | $2K | $2K | 10x | as long as short |
| GRVT HOOD_USDT_Perp | +0.0101% | 8h | 123.60 | +0.156% | $870K | $2.2M | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 123.62 | +0.170% | $16K | — | 10x | as long as short |
| edgeX HOODUSDC | +0.0137% | 4h | 123.61 | +0.164% | $372K | $306K | 10x | as long as short |
| Binance HOODUSDTshort | +0.0139% | 8h | 123.61 | +0.166% | $23.8M | $84.3M | 20x | |
| Extended HOOD_24_5-USD | +0.0144% | 1h | 123.60 | +0.158% | $419K | $1.2M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTXlong | +0.0192% | 1h | 123.41 | long leg | $196K | $1.8M | 10x | |
| Deribit HOOD_USDC-PERPETUAL | +0.0235% | 1h | 123.72 | +0.251% | $6K | $84K | 10x | as long as short |
| BloFin HOOD-USDT | +0.0261% | 8h | 123.63 | +0.178% | $188K | $123K | 20x | as long as short |
| tradeXYZ xyz:HOOD | +0.0261% | 1h | 123.62 | +0.170% | $53.1M | $30.0M | 10x | as long as short |
| Phoenix HOOD | +0.0323% | 1h | 123.65 | +0.194% | $28K | $188K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0337% | 1h | 123.62 | +0.168% | $424K | $1.4M | 10x | as long as short |
| Arcus HOOD-USD | +0.0472% | 1h | 123.55 | +0.113% | $1.1M | $1.7M | 10x | as long as short |
Vest HOOD-USD-PERP
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
QFEX HOOD-USD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
GRVT HOOD_USDT_Perp
Aevo HOOD-PERP
edgeX HOODUSDC
Extended HOOD_24_5-USD
Deribit HOOD_USDC-PERPETUAL
BloFin HOOD-USDT
tradeXYZ xyz:HOOD
Phoenix HOOD
RISEx HOOD/USDC
Arcus HOOD-USD