HOOD

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0640%/8h= −70.1% APRnext payment −$0.80 per $10,000 · paid last 24h −0.032%

Price spread now: Injective against Coinbase International+0.033%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Coinbase International Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days−0.342%−$34 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Injective is 0.033% dearer against Coinbase International than usual: you sell high and buy low (spread +0.033% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 7 days (−0.342% in total) that is about 16 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.342% in total (about -17.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.80 per $10,000. 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	Coinbase International HOOD-PERP-INTX	119.88	0.0200	pay 0.0025% / 1h	34m 33s	$195K	$1.8M	10x
Short	Injective HOOD/USDC PERP	119.92	−0.0440	pay 0.0055% / 1h	34m 33s	$58K	$61K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

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

latest

Price spreadloading…

Funding on every exchange

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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 InjectivebpOrdersPrice spread, now +0.033%Rate

Funding earned: −$134.4
Price spread: +0.033% → 0.000%: $3.34
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$141.08
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 4 min ago; Injective: 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, 4 min ago	4.16 bp	9.2 bp −$9	13.1 bp −$131	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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 PERPshort	−0.0440%	1h	119.92	+0.033%	$58K	$61K	30x
Bitget HOODUSDT	−0.0055%	8h	120.33	+0.375%	$5.5M	$9.8M	20x	as long as short
Aster HOODUSDT	0.0000%	8h	120.34	+0.384%	$108K	$284K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	120.28	+0.333%	$355K	$2.2M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	120.30	+0.350%	$20.8M	$91.5M	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	120.33	+0.375%	$3.7M	$8.6M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	120.29	+0.342%	$2.7M	$6.2M	20x	as long as short
Gate HOOD_USDT	0.0000%	8h	120.32	+0.367%	$600K	$7.0M	50x	as long as short
Variational Omni HOOD	0.0000%	8h	120.36	+0.401%	$2.2M	$980K	—	as long as short
Phemex HOODUSDT	0.0000%	8h	120.35	+0.392%	$985K	$8K	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest HOOD-USD-PERP	+0.0006%	1h	120.14	+0.217%	—	$64K	25x	as long as short
Lighter HOOD	+0.0032%	1h	120.36	+0.396%	$2.8M	$3.1M	10x	as long as short
QFEX HOOD-USD	+0.0038%	1h	120.28	+0.334%	$1.3M	$2.8M	10x	as long as short
Arcus HOOD-USD	+0.0040%	1h	120.24	+0.300%	$1.1M	$1.8M	10x	as long as short
tradeXYZ xyz:HOOD	+0.0050%	1h	120.30	+0.350%	$50.8M	$27.2M	10x	as long as short
Polymarket Perps HOOD-USD	+0.0050%	1h	120.30	+0.350%	$251K	$336K	10x	as long as short
SoDEX HOOD-USD	+0.0050%	1h	120.35	+0.391%	$718	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	120.24	+0.300%	$1.2M	$1.4M	15x	as long as short
Deribit HOOD_USDC-PERPETUAL	+0.0082%	1h	120.36	+0.400%	$6K	$53K	10x	as long as short
Pacifica HOOD	+0.0100%	1h	120.31	+0.357%	$74K	$107K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	120.38	+0.417%	$1.3M	$1.4M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	120.27	+0.325%	$5K	$36K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	120.35	+0.392%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	120.34	+0.383%	$16K	—	10x	as long as short
BloFin HOOD-USDT	+0.0120%	8h	120.41	+0.442%	$173K	$175K	20x	as long as short
Phoenix HOOD	+0.0133%	1h	120.31	+0.359%	$28K	$238K	10x	as long as short
Coinbase International HOOD-PERP-INTXlong	+0.0200%	1h	119.88	long leg	$195K	$1.8M	10x
GRVT HOOD_USDT_Perp	+0.0243%	8h	120.31	+0.355%	$852K	$1.9M	10x	as long as short
edgeX HOODUSDC	+0.0292%	4h	120.34	+0.385%	$362K	$303K	10x	as long as short
RISEx HOOD/USDC	+0.0421%	1h	120.36	+0.405%	$418K	$1.4M	10x	as long as short