Funding you earn now, next payment 23:00 UTC−0.0008%/8h= −0.9% APRpaid last 24h −0.016%
Price spread now: OKX against Coinbase International+0.138%7-day average +0.158% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$460.459% of the position
Funding, last 7 days−0.042%−$4 on $10k
+Price spread, last 3 days (all we have)−0.118%−$12 · spread now +0.138%, 7d avg +0.158%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International HOOD-PERP-INTX | 122.84 | 0.0008 | pay 0.0001% / 1h | 46m 18s | $199K | $1.9M | 10x |
| Short | OKX HOOD-USDT-SWAP | 123.01 | 0 | get 0.0000% / 8h | 46m 18s | $2.9M | $5.8M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$1.68
- Price spread: +0.138% → +0.158%
- −$1.97
- Slippage, 4 orders
- −$25.92
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$49.58
- Costs to cover
- 0.459%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 2 min ago; OKX: live order book, 1 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 | 7.72 bp | 12.7 bp −$13 | 15.9 bp −$159 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 1.63 bp | 9.5 bp −$10 | 29.4 bp −$294 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps HOOD-USD | −0.0088% | 1h | 122.78 | −0.049% | $270K | $332K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 122.92 | +0.062% | $109K | $263K | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 122.98 | +0.114% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAPshort | 0.0000% | 8h | 123.01 | +0.138% | $2.9M | $5.8M | 20x | |
| RISEx HOOD/USDC | 0.0000% | 1h | 122.92 | +0.067% | $389K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.95 | +0.090% | $568K | $7.8M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.98 | +0.114% | $5.6M | $9.6M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 122.97 | +0.106% | $2.4M | $1.1M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 122.99 | +0.122% | $869K | $2.0M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 122.90 | +0.049% | $8K | $70K | 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 | 122.97 | +0.106% | $1.0M | $8K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0008% | 1h | 122.91 | +0.057% | $63K | $50K | 30x | as long as short |
| Coinbase International HOOD-PERP-INTXlong | +0.0008% | 1h | 122.84 | long leg | $199K | $1.9M | 10x | |
| Extended HOOD_24_5-USD | +0.0024% | 1h | 122.96 | +0.095% | $411K | $1.1M | 10x | as long as short |
| Binance HOODUSDT | +0.0025% | 8h | 122.96 | +0.095% | $22.1M | $88.3M | 20x | as long as short |
| QFEX HOOD-USD | +0.0027% | 1h | 122.92 | +0.065% | $1.3M | $4.2M | 10x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 122.91 | +0.060% | $2.9M | $2.2M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 122.89 | +0.041% | $1.1M | $1.7M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0046% | 1h | 122.85 | +0.008% | — | $63K | 25x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.96 | +0.095% | $738 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.87 | +0.024% | $1.2M | $1.7M | 15x | as long as short |
| tradeXYZ xyz:HOOD | +0.0069% | 1h | 122.97 | +0.106% | $52.7M | $29.8M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0099% | 8h | 122.94 | +0.081% | $137K | $124K | 20x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.92 | +0.068% | $71K | $114K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 123.02 | +0.147% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.97 | +0.106% | $5K | $135K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.95 | +0.090% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.95 | +0.086% | $16K | — | 10x | as long as short |
| Phoenix HOOD | +0.0196% | 1h | 122.99 | +0.122% | $28K | $239K | 10x | as long as short |
| edgeX HOODUSDC | +0.0757% | 4h | 123.01 | +0.139% | $370K | $308K | 10x | as long as short |
Coinbase International HOOD-PERP-INTX
OKX HOOD-USDT-SWAP
Polymarket Perps HOOD-USD
Aster HOODUSDT
Bybit HOODUSDT
RISEx HOOD/USDC
Gate HOOD_USDT
Bitget HOODUSDT
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Deribit HOOD_USDC-PERPETUAL
Phemex HOODUSDT
Injective HOOD/USDC PERP
Extended HOOD_24_5-USD
Binance HOODUSDT
Lighter HOOD
SoDEX HOOD-USD
tradeXYZ xyz:HOOD
BloFin HOOD-USDT
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Phoenix HOOD
edgeX HOODUSDC