Funding you earn now, next payment 01:00 UTC−0.0064%/8h= −7.0% APRnext payment −$0.08 per $10,000 · paid last 24h +0.047%
Price spread now: RISEx against Coinbase International−0.041%7-day average +0.188% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$290.294% of the position
Funding, last 3 days (all we have)+0.072%+$7 on $10k
+Price spread, last 3 days (all we have)+0.097%+$10 · spread now −0.041%, 7d avg +0.188%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and RISEx is 0.229% cheaper against Coinbase International than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of +0.188%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.072%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International HOOD-PERP-INTX | 121.42 | 0.0064 | pay 0.0008% / 1h | 38m 51s | $196K | $1.9M | 10x |
| Short | RISEx HOOD/USDC | 121.37 | 0 | get 0.0000% / 1h | 38m 51s | $372K | $1.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- −$13.44
- Price spread: −0.041% → +0.188%
- −$22.92
- Slippage, 4 orders
- −$13.42
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$65.78
- Costs to cover
- 0.294%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 5 min ago; RISEx: live order book, 5 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, 5 min ago | 4.11 bp | 9.5 bp −$10 | 12.9 bp −$129 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 5 min ago | 1.64 bp | 4.6 bp −$5 | 5.7 bp −$57 | 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 | −0.0123% | 1h | 121.18 | −0.198% | $251K | $344K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.46 | +0.030% | $106K | $273K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.46 | +0.030% | $358K | $1.4M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.55 | +0.107% | $21.1M | $90.9M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.56 | +0.115% | $3.9M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.56 | +0.115% | $2.8M | $5.9M | 20x | as long as short |
| RISEx HOOD/USDCshort | 0.0000% | 1h | 121.37 | −0.041% | $372K | $1.4M | 10x | |
| Gate HOOD_USDT | 0.0000% | 8h | 121.53 | +0.091% | $575K | $7.6M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 121.61 | +0.156% | $5.4M | $9.6M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.58 | +0.133% | $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 | 121.59 | +0.141% | $854K | $2.0M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 121.43 | +0.008% | $7K | $68K | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.43 | +0.008% | $993K | $8K | 10x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 121.57 | +0.124% | $2.9M | $3.0M | 10x | as long as short |
| QFEX HOOD-USD | +0.0034% | 1h | 121.41 | −0.008% | $1.3M | $4.0M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0034% | 1h | 121.25 | −0.140% | — | $63K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.51 | +0.074% | $1.1M | $1.8M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.35 | −0.061% | $731 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.51 | +0.074% | $1.2M | $1.6M | 15x | as long as short |
| Coinbase International HOOD-PERP-INTXlong | +0.0064% | 1h | 121.42 | long leg | $196K | $1.9M | 10x | |
| tradeXYZ xyz:HOOD | +0.0072% | 1h | 121.54 | +0.099% | $52.4M | $28.0M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.36 | −0.049% | $68K | $111K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.48 | +0.049% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.74 | +0.264% | $5K | $92K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.45 | +0.025% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.41 | −0.008% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 122.00 | +0.478% | $182K | $162K | 20x | as long as short |
| Injective HOOD/USDC PERP | +0.0186% | 1h | 121.38 | −0.033% | $58K | $57K | 30x | as long as short |
| Phoenix HOOD | +0.0261% | 1h | 121.74 | +0.264% | $28K | $237K | 10x | as long as short |
| edgeX HOODUSDC | +0.0823% | 4h | 121.84 | +0.344% | $367K | $303K | 10x | as long as short |
Coinbase International HOOD-PERP-INTX
RISEx HOOD/USDC
Polymarket Perps HOOD-USD
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Gate HOOD_USDT
Bitget HOODUSDT
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Deribit HOOD_USDC-PERPETUAL
Phemex HOODUSDT
Lighter HOOD
SoDEX HOOD-USD
tradeXYZ xyz:HOOD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
BloFin HOOD-USDT
Injective HOOD/USDC PERP
Phoenix HOOD
edgeX HOODUSDC