Funding you earn now, next payment 04:00 UTC−0.0039%/8h= −4.3% APRnext payment −$0.05 per $10,000 · paid last 24h +0.066%
Price spread now: Deribit against Coinbase International−0.033%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Deribit is 0.033% cheaper against Coinbase International than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International HOOD-PERP-INTX | 121.10 | 0.0120 | pay 0.0015% / 1h | 25m 25s | $193K | $1.9M | 10x |
| Short | Deribit HOOD_USDC-PERPETUAL | 121.06 | 0.0081 | get 0.0010% / 1h | 25m 25s | $6K | $54K | 10x |
Coinbase International HOOD-PERP-INTX
Deribit HOOD_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$8.29
- Price spread: −0.033% → 0.000%
- −$3.3
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$28.59
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 3 min ago; Deribit: no order-book sample. Net counts fees only.
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, 3 min ago | 2.89 bp | 7.9 bp −$8 | 10.4 bp −$104 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 120.89 | −0.173% | $58K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0121% | 8h | 121.12 | +0.017% | $571K | $7.7M | 50x | as long as short |
| Bitget HOODUSDT | −0.0092% | 8h | 121.17 | +0.058% | $5.4M | $9.7M | 20x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.15 | +0.039% | $106K | $280K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.05 | −0.040% | $362K | $1.4M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.09 | −0.008% | $20.8M | $91.2M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.09 | −0.008% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.10 | 0.000% | $2.7M | $6.0M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.11 | +0.008% | $383K | $1.4M | 10x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.08 | −0.018% | $2.3M | $1.1M | — | as long as short |
Injective HOOD/USDC PERP
Gate HOOD_USDT
Bitget HOODUSDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
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 | 121.11 | +0.007% | $858K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.10 | 0.000% | $991K | $9K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0015% | 1h | 120.91 | −0.157% | — | $63K | 25x | as long as short |
| QFEX HOOD-USD | +0.0022% | 1h | 121.10 | 0.000% | $1.3M | $3.3M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.06 | −0.033% | $1.1M | $1.7M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.01 | −0.074% | $51.3M | $28.4M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 120.90 | −0.165% | $251K | $344K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.06 | −0.034% | $727 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.08 | −0.017% | $1.2M | $1.5M | 15x | as long as short |
| Deribit HOOD_USDC-PERPETUALshort | +0.0081% | 1h | 121.06 | −0.033% | $6K | $54K | 10x | |
| Pacifica HOOD | +0.0100% | 1h | 121.08 | −0.016% | $67K | $109K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.17 | +0.058% | $1.3M | $1.2M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.08 | −0.017% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.08 | −0.017% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.06 | −0.035% | $16K | — | 10x | as long as short |
| Coinbase International HOOD-PERP-INTXlong | +0.0120% | 1h | 121.10 | long leg | $193K | $1.9M | 10x | |
| BloFin HOOD-USDT | +0.0120% | 8h | 121.22 | +0.099% | $175K | $158K | 20x | as long as short |
| Phoenix HOOD | +0.0132% | 1h | 121.14 | +0.033% | $28K | $238K | 10x | as long as short |
| Lighter HOOD | +0.0176% | 1h | 121.07 | −0.022% | $2.8M | $3.2M | 10x | as long as short |
| edgeX HOODUSDC | +0.0425% | 4h | 121.18 | +0.066% | $365K | $303K | 10x | as long as short |
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Vest HOOD-USD-PERP
QFEX HOOD-USD
Arcus HOOD-USD
tradeXYZ xyz:HOOD
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
BloFin HOOD-USDT
Phoenix HOOD
Lighter HOOD
edgeX HOODUSDC