Funding you earn now, next payment 09:00 UTC−0.0210%/8h= −23.0% APRpaid last 24h −0.085%
Price spread now: QFEX against edgeX−0.086%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$360.357% of the position
Funding, last 4 days (all we have)+0.031%+$3 on $10k
+Price spread, last 4 days (all we have)−0.073%−$7 · spread now −0.086%, 7d avg −0.015%
=Together, before fees−0.042%+ Points / potential airdropedgeX: Active · farm board−$4 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 QFEX is 0.071% cheaper against edgeX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.015%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.031% in total (about 3.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX HOODUSDC | 120.51 | 0.0248 | pay 0.0124% / 4h | 3h 43m | $363K | $305K | 10x |
| Short | QFEX HOOD-USD | 120.41 | 0.0038 | get 0.0005% / 1h | 43m 11s | $1.3M | $2.8M | 10x |
edgeX HOODUSDC
QFEX HOOD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$44.18
- Price spread: −0.086% → −0.015%
- −$7.09
- Slippage, 4 orders
- −$16.71
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$86.97
- Costs to cover
- 0.357%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 55 min ago; QFEX: live order book, 5 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, 55 min ago | 6.63 bp | 11.9 bp −$12 | 21.2 bp −$212 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 5 min ago | 0.83 bp | 5.8 bp −$6 | 8.3 bp −$83 | 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 | 119.92 | −0.493% | $58K | $61K | 30x | as long as short |
| Bitget HOODUSDT | −0.0098% | 8h | 120.42 | −0.078% | $5.5M | $9.8M | 20x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.41 | −0.086% | $108K | $284K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.37 | −0.120% | $357K | $2.2M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 120.33 | −0.153% | $20.8M | $91.7M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 120.34 | −0.144% | $3.7M | $8.6M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.38 | −0.111% | $2.7M | $6.2M | 20x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 120.40 | −0.094% | $600K | $7.0M | 50x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 120.49 | −0.024% | $2.2M | $982K | — | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 120.43 | −0.070% | $985K | $8K | 10x | as long as short |
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 HOODUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest HOOD-USD-PERP | +0.0010% | 1h | 120.22 | −0.244% | — | $64K | 25x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 120.34 | −0.146% | $2.8M | $3.0M | 10x | as long as short |
| QFEX HOOD-USDshort | +0.0038% | 1h | 120.41 | −0.086% | $1.3M | $2.8M | 10x | |
| Arcus HOOD-USD | +0.0040% | 1h | 120.33 | −0.153% | $1.1M | $1.8M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 120.28 | −0.194% | $50.8M | $27.4M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 120.30 | −0.177% | $251K | $341K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.35 | −0.138% | $718 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.42 | −0.078% | $1.2M | $1.4M | 15x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.38 | −0.113% | $74K | $111K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.44 | −0.061% | $1.3M | $1.4M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.35 | −0.136% | $5K | $36K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.38 | −0.111% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.35 | −0.136% | $16K | — | 10x | as long as short |
| GRVT HOOD_USDT_Perp | +0.0110% | 8h | 120.50 | −0.013% | $853K | $1.9M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.41 | −0.086% | $173K | $175K | 20x | as long as short |
| Phoenix HOOD | +0.0133% | 1h | 120.50 | −0.011% | $28K | $238K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0200% | 1h | 119.88 | −0.526% | $195K | $1.8M | 10x | as long as short |
| edgeX HOODUSDClong | +0.0248% | 4h | 120.51 | long leg | $363K | $305K | 10x | |
| RISEx HOOD/USDC | +0.0421% | 1h | 120.44 | −0.060% | $418K | $1.4M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0498% | 1h | 120.35 | −0.136% | $6K | $53K | 10x | as long as short |
Vest HOOD-USD-PERP
Lighter HOOD
Arcus HOOD-USD
tradeXYZ xyz:HOOD
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
GRVT HOOD_USDT_Perp
BloFin HOOD-USDT
Phoenix HOOD
Coinbase International HOOD-PERP-INTX
RISEx HOOD/USDC
Deribit HOOD_USDC-PERPETUAL