Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG115.44+0.0168pay 0.0021% / 1h21m 01s$224K$242K10xLong Coinbase International
SHORT116.43+0.0192get 0.0024% / 1h21m 01s$392K$611K20xShort Popdex
Price gap+0.858%
Funding gap+0.0024% /8h

Both sides work: funding pays +$1 a day on $10k, and the gap is 0.483% above its 7d average: +$48 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding$0+0.0024% /8h now · paid 0.000% over the last 5 days (all we have)
Price+$48spread +0.858% now, avg +0.374% → +0.483% if it goes back
Costs−$380.382% of $10k · taker + slippage, in and out

Funding history

you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.

Price spread between the two exchanges

Popdex price against Coinbase Internationalnow
RANGE STATS · 7D
Now+0.858%
Average—
Range—
Wider than now—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

HOOD on 31 exchanges

lowest funding first

Before you open

3 ok · 2 to watch
  • OK: Fits both order books11.9 / 8.6 bp
    Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
  • Note: Margin at max leverage$1,000 + $500
    Coinbase International 10x, Popdex 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval1h / 1h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: +$0.72Long Coinbase International: 24 payments, −$5.04; short Popdex: 24 payments, +$5.76.
  • OK: Entry gap works for you+0.858% vs +0.374%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$224K vs $392K OI
    Coinbase International sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCCoinbase International Yes · Popdex No
    ID and a suitability check; perps are for eligible non-US countries, not for US or UK retail.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned0.0000%/8h × 21 periods−$0.05
Price spread+0.858% → +0.374% (7d avg)+$48.35
Slippage, 4 orderslive order books−$21.85
Fee Coinbase International bp × 2 orders−$10.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k+$10.05
Costs to cover0.382%Break-evenfrom the start
Slippage: Coinbase International: live order book, 47 min ago; Popdex: live order book, 48 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGCoinbase International6.0311.9 bp−$1215.9 bp−$159doesn’t fitdoesn’t fit
SELL · SHORTPopdex3.018.6 bp−$919.4 bp−$194doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

HOOD news

posts that mention HOOD or Robinhood Markets, from every exchangeSearch all news →
09-28 18:50AevoOtherbitcoin:native is back near $83k after trading above $86k last week. Whether you trade the continuation or pullback, all options and this week’s Perp Majors count toward the volume requirement for our year-end reward. This week’s Perp Majors include: BTC, ETH, SOL, ZEC, NEAR, HYPE, LIT, SPY, QQQ, HOOD, SNDK, MU, NVDA, TSLA, GOOGL. @aevoxyz on X ↗
09-21 16:05AevoContestbitcoin:native broke $85k, zcash:native crossed $1.5k, and near:native is up 70%+ in 7 days. Trading them adds volume to Aevo’s year-end leaderboard for the projected 808,800 USDC reward. Options count too, as do the other Perp Majors: ETH, SOL, HYPE, LIT, SPY, QQQ, HOOD, SNDK, MU, NVDA, TSLA, GOOGL. @aevoxyz on X ↗
09-21 13:35gTrade (Gains Network)Listingnew market HOOD/USD ($HOOD) seen by our collector
09-19 00:09SoDEXOtherRobinhood (HOOD) shares are up 9.12% today. The company has grown beyond its commission-free trading roots, expanding across options, crypto, retirement products, and subscription services while building a broader retail investing ecosystem. Explore our latest research on Robinhood, its growth strategy, and what could drive the company next: @sodex_official on X ↗
09-18 17:30Vest MarketsOther$COIN is rebounding from Tuesday's Senate defeat of the CLARITY Act, up around 12% on the session. The SEC issued a five-year innovation exemption that allows tokenized versions of U.S. stocks to trade on blockchain venues, with a comment period open. Crypto-linked equities are broadly higher, with $MSTR, $HOOD and $CRCL also up on the session. @VestExchange on X ↗
09-17 09:45RISExOther→ $ARB: → $HOOD: @risextrade on X ↗