HOOD

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.03 per $10,000 · paid last 24h −0.014%

Price spread now: Pacifica against Coinbase International+0.314%7-day average +0.126% · you sell dearer than you buy

Net, funding: paid 7d − costs−$33as in the Funding arb table

Net, price: spread back to 7d avg − costs−$17as in the Price arb table

costs, in and out, $10k−$360.360% of the position

Long on Coinbase International Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.026%+$3 on $10k

Price spread, last 4 days (all we have)−0.265%−$27 · spread now +0.314%, 7d avg +0.126%

Together, before fees−0.239%+ Points / potential airdropPacifica: Active · farm board−$24 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Pacifica is 0.188% dearer against Coinbase International than usual: you sell high and buy low (spread +0.314% now, against its 7-day average of +0.126%): +$19 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 31 days.

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	52m 45s	$193K	$1.9M	10x
Short	Pacifica HOOD	121.48	0.0100	get 0.0013% / 1h	52m 45s	$68K	$109K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now +0.314%Rate

Funding earned: −$4.2
Price spread: +0.314% → +0.126%: $18.83
Slippage, 4 orders: −$18.02
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$21.38
Costs to cover: 0.360%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 6 min ago; Pacifica: live order book, 65 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, 6 min ago	3.29 bp	8.3 bp −$8	12.5 bp −$125	doesn't fit	doesn't fit
Sell Pacifica live order book, 65 min ago	2.34 bp	11.2 bp −$11	doesn't fit	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
Injective HOOD/USDC PERP	−0.0440%	1h	121.21	+0.091%	$58K	$57K	30x	as long as short
Gate HOOD_USDT	−0.0084%	8h	121.54	+0.363%	$576K	$7.6M	50x	as long as short
Aster HOODUSDT	0.0000%	8h	121.51	+0.335%	$106K	$280K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	121.49	+0.319%	$357K	$1.4M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	121.43	+0.273%	$20.9M	$91.0M	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	121.52	+0.347%	$3.9M	$8.7M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	121.44	+0.281%	$2.7M	$6.0M	20x	as long as short
RISEx HOOD/USDC	0.0000%	1h	121.49	+0.326%	$396K	$1.4M	10x	as long as short
Bitget HOODUSDT	0.0000%	8h	121.54	+0.363%	$5.4M	$9.6M	20x	as long as short
Variational Omni HOOD	0.0000%	8h	121.51	+0.342%	$2.3M	$1.1M	—	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT HOOD_USDT_Perp	0.0000%	8h	121.50	+0.330%	$850K	$2.0M	10x	as long as short
Phemex HOODUSDT	0.0000%	8h	121.51	+0.339%	$994K	$8K	10x	as long as short
Vest HOOD-USD-PERP	+0.0016%	1h	121.33	+0.190%	—	$63K	25x	as long as short
QFEX HOOD-USD	+0.0022%	1h	121.49	+0.322%	$1.3M	$3.6M	10x	as long as short
Polymarket Perps HOOD-USD	+0.0026%	1h	121.31	+0.173%	$252K	$344K	10x	as long as short
Arcus HOOD-USD	+0.0040%	1h	121.44	+0.281%	$1.1M	$1.7M	10x	as long as short
tradeXYZ xyz:HOOD	+0.0050%	1h	121.34	+0.198%	$51.6M	$28.3M	10x	as long as short
SoDEX HOOD-USD	+0.0050%	1h	121.50	+0.329%	$734	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	121.47	+0.306%	$1.2M	$1.5M	15x	as long as short
Pacifica HOODshort	+0.0100%	1h	121.48	+0.314%	$68K	$109K	10x
KuCoin HOODUSDTM	+0.0100%	8h	121.51	+0.339%	$1.3M	$1.2M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	121.43	+0.273%	$5K	$41K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	121.51	+0.339%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	121.48	+0.313%	$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	121.49	+0.322%	$175K	$160K	20x	as long as short
Phoenix HOOD	+0.0132%	1h	121.47	+0.306%	$28K	$238K	10x	as long as short
Lighter HOOD	+0.0248%	1h	121.48	+0.318%	$2.8M	$3.1M	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	+0.0739%	1h	121.49	+0.322%	$6K	$57K	10x	as long as short
edgeX HOODUSDC	+0.0992%	4h	121.52	+0.343%	$366K	$304K	10x	as long as short