Funding you earn now, next payment 05:00 UTC+0.0109%/8h= +12.0% APRpaid last 24h −0.091%
Price spread now: Coinbase International against edgeX−0.158%7-day average −0.161% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$450.452% of the position
Funding, last 7 days−0.202%−$20 on $10k
+Price spread, last 4 days (all we have)+0.129%+$13 · spread now −0.158%, 7d avg −0.161%
=Together, before fees−0.073%+ Points / potential airdropedgeX: Active · farm board−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.161%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.202%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX HOODUSDC | 120.67 | 0.0075 | pay 0.0037% / 4h | 2h 26m | $363K | $306K | 10x |
| Short | Coinbase International HOOD-PERP-INTX | 120.48 | 0.0184 | get 0.0023% / 1h | 26m 57s | $192K | $1.8M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against edgeX. 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
- $22.97
- Price spread: −0.158% → −0.161%
- $0.33
- Slippage, 4 orders
- −$26.21
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$21.91
- Costs to cover
- 0.452%
- Break-even
- 13.7 days
Slippage from edgeX: live order book, 21 min ago; Coinbase International: live order book, 2 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 edgeX live order book, 21 min ago | 5.78 bp | 10.9 bp −$11 | 19.9 bp −$199 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 2 min ago | 6.64 bp | 11.6 bp −$12 | 16.1 bp −$161 | 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 | 120.35 | −0.266% | $57K | $57K | 30x | as long as short |
| Bitget HOODUSDT | −0.0263% | 8h | 120.66 | −0.009% | $5.4M | $9.8M | 20x | as long as short |
| Gate HOOD_USDT | −0.0170% | 8h | 120.56 | −0.092% | $578K | $7.6M | 50x | as long as short |
| Polymarket Perps HOOD-USD | −0.0050% | 1h | 120.33 | −0.282% | $250K | $344K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.53 | −0.121% | $105K | $281K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.47 | −0.165% | $358K | $1.3M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 120.50 | −0.138% | $20.6M | $91.6M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 120.50 | −0.142% | $3.7M | $8.9M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.48 | −0.158% | $2.7M | $6.1M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 120.60 | −0.058% | $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 | 120.65 | −0.019% | $844K | $2.0M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 120.49 | −0.150% | $6K | $55K | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 120.55 | −0.100% | $986K | $9K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0012% | 1h | 120.40 | −0.224% | — | $63K | 25x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 120.51 | −0.135% | $2.8M | $3.2M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.53 | −0.117% | $1.1M | $1.7M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 120.49 | −0.150% | $51.2M | $28.4M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.50 | −0.137% | $720 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.53 | −0.117% | $1.2M | $1.4M | 15x | as long as short |
| QFEX HOOD-USD | +0.0053% | 1h | 120.55 | −0.100% | $1.3M | $3.0M | 10x | as long as short |
| edgeX HOODUSDClong | +0.0075% | 4h | 120.67 | long leg | $363K | $306K | 10x | |
| Pacifica HOOD | +0.0100% | 1h | 120.56 | −0.093% | $67K | $105K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.52 | −0.125% | $1.3M | $1.3M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.56 | −0.092% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.48 | −0.158% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.48 | −0.159% | $16K | — | 10x | as long as short |
| RISEx HOOD/USDC | +0.0109% | 1h | 120.59 | −0.067% | $421K | $1.4M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.58 | −0.075% | $174K | $157K | 20x | as long as short |
| Phoenix HOOD | +0.0132% | 1h | 120.59 | −0.067% | $28K | $238K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTXshort | +0.0184% | 1h | 120.48 | −0.158% | $192K | $1.8M | 10x |
edgeX HOODUSDC
Coinbase International HOOD-PERP-INTX
Injective HOOD/USDC PERP
Bitget HOODUSDT
Gate HOOD_USDT
Polymarket Perps HOOD-USD
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Deribit HOOD_USDC-PERPETUAL
Phemex HOODUSDT
Lighter HOOD
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
RISEx HOOD/USDC
BloFin HOOD-USDT
Phoenix HOOD