Funding you earn now, next payment 08:00 UTC−0.0200%/8h= −21.9% APRpaid last 24h −0.038%
Price spread now: Variational Omni against Coinbase International−0.045%7-day average +0.154% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.088%−$9 on $10k
+Price spread, last 4 days (all we have)−0.350%−$35 · spread now −0.045%, 7d avg +0.154%
=Together, before fees−0.438%+ Points / potential airdropVariational Omni: Active · farm board−$44 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Variational Omni is 0.199% cheaper against Coinbase International than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of +0.154%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International HOOD-PERP-INTX | 122.08 | 0.0200 | pay 0.0025% / 1h | 1m 53s | $234K | $1.8M | 10x |
| Short | Variational Omni HOOD | 122.02 | 0 | get 0.0000% / 8h | 7h 01m | $2.3M | $938K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$42
- Price spread: −0.045% → +0.154%
- −$19.93
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$71.93
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 2 min ago; Variational Omni: RFQ quote, 2 min ago. Net counts fees only.
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 | 4.50 bp | 9.5 bp −$10 | 12.9 bp −$129 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 4.91 bp | doesn't fit | 17.9 bp −$179 | 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 | 121.59 | −0.401% | $30K | $98K | 30x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 122.06 | −0.015% | $110K | $285K | 20x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.97 | −0.090% | $2.7M | $6.2M | 20x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.02 | −0.049% | $574K | $7.2M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.06 | −0.016% | $5.6M | $9.4M | 20x | as long as short |
| Variational Omni HOODshort | 0.0000% | 8h | 122.02 | −0.045% | $2.3M | $938K | — | |
| Phemex HOODUSDT | 0.0000% | 8h | 121.99 | −0.074% | $998K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0014% | 1h | 121.93 | −0.123% | — | $64K | 25x | as long as short |
| QFEX HOOD-USD | +0.0038% | 1h | 122.07 | −0.008% | $1.3M | $2.8M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.95 | −0.106% | $1.1M | $1.8M | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.92 | −0.131% | $51.3M | $26.6M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 121.91 | −0.139% | $254K | $336K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.92 | −0.131% | $1.3M | $1.3M | 15x | as long as short |
| Bybit HOODUSDT | +0.0090% | 8h | 121.96 | −0.098% | $3.7M | $7.9M | 25x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.06 | −0.012% | $75K | $108K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.89 | −0.156% | $1.3M | $1.4M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.03 | −0.041% | $5K | $31K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.07 | −0.008% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.03 | −0.038% | $16K | — | 10x | as long as short |
| Lighter HOOD | +0.0120% | 1h | 122.08 | +0.002% | $2.9M | $3.2M | 10x | as long as short |
| Binance HOODUSDT | +0.0127% | 8h | 122.02 | −0.049% | $21.2M | $89.2M | 20x | as long as short |
| Extended HOOD_24_5-USD | +0.0128% | 1h | 121.99 | −0.076% | $361K | $2.3M | 10x | as long as short |
| Phoenix HOOD | +0.0133% | 1h | 121.98 | −0.082% | $28K | $238K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTXlong | +0.0200% | 1h | 122.08 | long leg | $234K | $1.8M | 10x | |
| BloFin HOOD-USDT | +0.0241% | 8h | 122.15 | +0.057% | $172K | $179K | 20x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0242% | 1h | 122.04 | −0.033% | $6K | $50K | 10x | as long as short |
| edgeX HOODUSDC | +0.0326% | 4h | 122.18 | +0.083% | $368K | $303K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0421% | 1h | 122.25 | +0.136% | $420K | $1.3M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0653% | 1h | 122.06 | −0.020% | $732 | $4K | 10x | as long as short |
| GRVT HOOD_USDT_Perp | +0.0986% | 8h | 122.15 | +0.057% | $862K | $1.8M | 10x | as long as short |
Coinbase International HOOD-PERP-INTX
Variational Omni HOOD
Injective HOOD/USDC PERP
Aster HOODUSDT
OKX HOOD-USDT-SWAP
Gate HOOD_USDT
Bitget HOODUSDT
Phemex HOODUSDT
tradeXYZ xyz:HOOD
Polymarket Perps HOOD-USD
Bybit HOODUSDT
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Lighter HOOD
Binance HOODUSDT
Extended HOOD_24_5-USD
Phoenix HOOD
BloFin HOOD-USDT
Deribit HOOD_USDC-PERPETUAL
edgeX HOODUSDC
RISEx HOOD/USDC
SoDEX HOOD-USD
GRVT HOOD_USDT_Perp