Funding you earn now, next payment 08:00 UTC−0.0135%/8h= −14.8% APRnext payment −$0.17 per $10,000 · paid last 24h −0.057%
Price spread now: Coinbase International against Deribit+0.100%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Coinbase International is 0.100% dearer against Deribit than usual: you sell high and buy low (spread +0.100% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit HOOD_USDC-PERPETUAL | 119.76 | 0.0335 | pay 0.0042% / 1h | 26m 32s | $6K | $53K | 10x |
| Short | Coinbase International HOOD-PERP-INTX | 119.88 | 0.0200 | get 0.0025% / 1h | 26m 32s | $195K | $1.8M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Deribit. 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
- −$28.32
- Price spread: +0.100% → 0.000%
- $10.02
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$35.3
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Coinbase International: live order book, 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 2 min ago | 5.43 bp | 10.4 bp −$10 | 15.9 bp −$159 | doesn't fit | doesn't fit |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 119.96 | +0.167% | $41K | $69K | 30x | as long as short |
| Bitget HOODUSDT | −0.0018% | 8h | 119.75 | −0.008% | $5.4M | $9.7M | 20x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 119.76 | −0.003% | $108K | $284K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 119.68 | −0.063% | $353K | $2.3M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 119.70 | −0.050% | $20.7M | $91.3M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 119.78 | +0.017% | $3.7M | $8.4M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 119.74 | −0.017% | $2.6M | $6.1M | 20x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 119.72 | −0.033% | $593K | $7.0M | 50x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 119.91 | +0.121% | $2.2M | $979K | — | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 119.76 | 0.000% | $980K | $8K | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest HOOD-USD-PERP | +0.0003% | 1h | 119.46 | −0.251% | — | $64K | 25x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 119.74 | −0.014% | $2.8M | $3.1M | 10x | as long as short |
| QFEX HOOD-USD | +0.0038% | 1h | 119.68 | −0.067% | $1.3M | $2.8M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 119.67 | −0.075% | $1.1M | $1.8M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 119.64 | −0.100% | $50.4M | $27.2M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 119.70 | −0.050% | $250K | $336K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 119.69 | −0.056% | $847 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 119.60 | −0.134% | $1.2M | $1.4M | 15x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 119.73 | −0.021% | $73K | $107K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 119.79 | +0.025% | $1.3M | $1.4M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 119.70 | −0.050% | $5K | $36K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 119.75 | −0.008% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 119.74 | −0.018% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 119.79 | +0.025% | $173K | $175K | 20x | as long as short |
| GRVT HOOD_USDT_Perp | +0.0125% | 8h | 119.85 | +0.072% | $847K | $1.9M | 10x | as long as short |
| edgeX HOODUSDC | +0.0128% | 4h | 119.90 | +0.118% | $361K | $304K | 10x | as long as short |
| Phoenix HOOD | +0.0133% | 1h | 119.71 | −0.042% | $28K | $238K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTXshort | +0.0200% | 1h | 119.88 | +0.100% | $195K | $1.8M | 10x | |
| Deribit HOOD_USDC-PERPETUALlong | +0.0335% | 1h | 119.76 | long leg | $6K | $53K | 10x | |
| RISEx HOOD/USDC | +0.0421% | 1h | 119.78 | +0.013% | $422K | $1.3M | 10x | as long as short |
Deribit HOOD_USDC-PERPETUAL
Coinbase International HOOD-PERP-INTX
Injective HOOD/USDC PERP
Bitget HOODUSDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Gate HOOD_USDT
Variational Omni HOOD
Phemex HOODUSDT
Lighter HOOD
tradeXYZ xyz:HOOD
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
BloFin HOOD-USDT
GRVT HOOD_USDT_Perp
edgeX HOODUSDC
Phoenix HOOD
RISEx HOOD/USDC