Funding you earn now, next payment 11:00 UTC−0.0737%/8h= −80.7% APRpaid last 24h −0.071%
Price spread now: Extended against edgeX+0.095%93s7-day average −0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$480.482% of the position
Funding, last 7 days−0.254%−$25 on $10k
+Price spread, last 4 days (all we have)−0.174%−$17 · spread now +0.095%, 7d avg −0.027%
=Together, before fees−0.428%+ Points / potential airdropedgeX: Active · Extended: Active · farm board−$43 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.122% dearer against edgeX than usual: you sell high and buy low (spread +0.095% now, against its 7-day average of −0.027%): +$12 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 13 hours. At the pace of the last 7 days (−0.254% in total) that is about 3.4 days. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.254% in total (about -13.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX HOODUSDC | 121.95 | 0.0929 | pay 0.0465% / 4h | 1h 08m | $367K | $301K | 10x |
| Short | Extended HOOD_24_5-USD | 122.06 | 0.0192 | get 0.0024% / 1h | 8m 06s | $467K | $2.6M | 10x |
edgeX HOODUSDC
Extended HOOD_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$154.8
- Price spread: +0.095% → −0.027%
- $12.21
- Slippage, 4 orders
- −$34.24
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$190.84
- Costs to cover
- 0.482%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 38 min ago; Extended: live order book, 4 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, 38 min ago | 6.55 bp | 11.6 bp −$12 | 20.8 bp −$208 | doesn't fit | doesn't fit |
| Sell Extended live order book, 4 min ago | 3.12 bp | 12.4 bp −$12 | 112.5 bp −$1,125 | doesn't fit | doesn't fit |
HOOD on 30 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HOODUSDT | 0.0000% | 8h | 122.07 | +0.102% | $110K | $285K | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 122.08 | +0.110% | $3.7M | $7.2M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.04 | +0.078% | $2.7M | $5.9M | 20x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.07 | +0.102% | $581K | $6.8M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.04 | +0.078% | $5.6M | $9.1M | 20x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 122.09 | +0.119% | $999K | $7K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0009% | 1h | 121.69 | −0.209% | $28K | $96K | 30x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 122.08 | +0.114% | $2.8M | $2.9M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0046% | 1h | 121.88 | −0.054% | — | $64K | 25x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 122.05 | +0.086% | $51.5M | $24.8M | 10x | as long as short |
Aster HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Gate HOOD_USDT
Bitget HOODUSDT
Phemex HOODUSDT
Injective HOOD/USDC PERP
Lighter HOOD
Vest HOOD-USD-PERP
tradeXYZ xyz:HOODShow all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 121.95 | +0.004% | $252K | $340K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.06 | +0.090% | $727 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.01 | +0.053% | $1.3M | $1.2M | 15x | as long as short |
| QFEX HOOD-USD | +0.0070% | 1h | 122.07 | +0.102% | $1.3M | $2.7M | 10x | as long as short |
| Variational Omni HOOD | +0.0071% | 8h | 122.06 | +0.093% | $2.3M | $870K | — | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.04 | +0.078% | $73K | $115K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.05 | +0.086% | $1.7M | $1.5M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.91 | −0.029% | $5K | $29K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.05 | +0.086% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.06 | +0.094% | $16K | — | 10x | as long as short |
| GRVT HOOD_USDT_Perp | +0.0182% | 8h | 122.07 | +0.100% | $855K | $1.7M | 10x | as long as short |
| Binance HOODUSDT | +0.0189% | 8h | 122.10 | +0.127% | $21.2M | $86.9M | 20x | as long as short |
| Extended HOOD_24_5-USDshort | +0.0192% | 1h | 122.06 | +0.095% | $467K | $2.6M | 10x | |
| Phoenix HOOD | +0.0196% | 1h | 121.97 | +0.020% | $28K | $239K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0224% | 1h | 121.81 | −0.111% | $229K | $1.5M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0242% | 1h | 122.05 | +0.086% | $6K | $41K | 10x | as long as short |
| Arcus HOOD-USD | +0.0252% | 1h | 122.04 | +0.078% | $1.1M | $1.9M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0311% | 8h | 122.03 | +0.069% | $175K | $177K | 20x | as long as short |
| RISEx HOOD/USDC | +0.0862% | 1h | 122.17 | +0.188% | $455K | $1.4M | 10x | as long as short |
| edgeX HOODUSDClong | +0.0929% | 4h | 121.95 | long leg | $367K | $301K | 10x |
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
QFEX HOOD-USD
Variational Omni HOOD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
GRVT HOOD_USDT_Perp
Binance HOODUSDT
Phoenix HOOD
Coinbase International HOOD-PERP-INTX
Deribit HOOD_USDC-PERPETUAL
Arcus HOOD-USD
BloFin HOOD-USDT
RISEx HOOD/USDC