HOOD

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0070%/8h= −7.7% APRnext payment −$0.09 per $10,000 · paid last 24h −0.006%

Price spread now: tradeXYZ against Coinbase International−0.008%7-day average +0.105% · you buy dearer than you sell

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$370.371% of the position

Long on Coinbase International Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.019%−$2 on $10k

Price spread, last 4 days (all we have)+0.053%+$5 · spread now −0.008%, 7d avg +0.105%

Together, before fees+0.034%+ Points / potential airdroptradeXYZ: Active · farm board+$3 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and tradeXYZ is 0.114% cheaper against Coinbase International than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.105%). Swap the legs.

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	39m 54s	$193K	$1.9M	10x
Short	tradeXYZ xyz:HOOD	121.09	0.0050	get 0.0006% / 1h	39m 54s	$51.4M	$28.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.008%Rate

Funding earned: −$14.7
Price spread: −0.008% → +0.105%: −$11.36
Slippage, 4 orders: −$9.07
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$63.14
Costs to cover: 0.371%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 4 min ago; tradeXYZ: live order book, 10 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, 4 min ago	2.06 bp	7.1 bp −$7	10.4 bp −$104	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 10 min ago	0.41 bp	11.7 bp −$12	14.4 bp −$144	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	−0.0104%	8h	121.17	+0.058%	$574K	$7.7M	50x	as long as short
Bitget HOODUSDT	−0.0025%	8h	121.21	+0.091%	$5.4M	$9.7M	20x	as long as short
Aster HOODUSDT	0.0000%	8h	121.14	+0.037%	$106K	$280K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	121.12	+0.013%	$357K	$1.4M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	121.15	+0.041%	$20.8M	$91.1M	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	121.17	+0.058%	$3.9M	$8.7M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	121.19	+0.074%	$2.7M	$6.0M	20x	as long as short
RISEx HOOD/USDC	0.0000%	1h	121.15	+0.038%	$383K	$1.4M	10x	as long as short
Variational Omni HOOD	0.0000%	8h	121.08	−0.013%	$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	121.28	+0.147%	$848K	$2.0M	10x	as long as short
Phemex HOODUSDT	0.0000%	8h	121.16	+0.050%	$991K	$9K	10x	as long as short
Vest HOOD-USD-PERP	+0.0015%	1h	120.96	−0.116%	—	$63K	25x	as long as short
QFEX HOOD-USD	+0.0022%	1h	121.16	+0.050%	$1.3M	$3.4M	10x	as long as short
Arcus HOOD-USD	+0.0040%	1h	121.13	+0.025%	$1.1M	$1.7M	10x	as long as short
Polymarket Perps HOOD-USD	+0.0049%	1h	120.96	−0.116%	$251K	$344K	10x	as long as short
tradeXYZ xyz:HOODshort	+0.0050%	1h	121.09	−0.008%	$51.4M	$28.4M	10x
SoDEX HOOD-USD	+0.0050%	1h	121.12	+0.016%	$729	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	120.95	−0.124%	$1.2M	$1.5M	15x	as long as short
Pacifica HOOD	+0.0100%	1h	121.11	+0.012%	$68K	$109K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	121.20	+0.083%	$1.3M	$1.2M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	121.14	+0.033%	$5K	$41K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	121.13	+0.025%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	121.11	+0.010%	$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	121.14	+0.033%	$174K	$160K	20x	as long as short
Phoenix HOOD	+0.0132%	1h	121.18	+0.066%	$27K	$238K	10x	as long as short
Lighter HOOD	+0.0168%	1h	121.13	+0.026%	$2.8M	$3.2M	10x	as long as short
edgeX HOODUSDC	+0.0244%	4h	121.22	+0.095%	$365K	$303K	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	+0.0411%	1h	121.12	+0.017%	$6K	$57K	10x	as long as short