Funding you earn now, next payment 07:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.05 per $10,000 · paid last 24h +0.018%
Price spread now: Arcus against Extended−0.002%7-day average −0.027% · 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−$37as in the Price arb table
costs, in and out, $10k−$400.395% of the position
Funding, last 4 days (all we have)+0.107%+$11 on $10k
+Price spread, last 7 days+0.030%+$3 · spread now −0.002%, 7d avg −0.027%
=Together, before fees+0.137%+ Points / potential airdropExtended: Active · farm board+$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Arcus is 0.025% dearer against Extended than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.027%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended HOOD_24_5-USD | 120.69 | 0 | get 0.0000% / 1h | 2m 35s | $356K | $1.6M | 10x |
| Short | Arcus HOOD-USD | 120.69 | 0.0040 | get 0.0005% / 1h | 2m 35s | $1.1M | $1.7M | 10x |
Extended HOOD_24_5-USD
Arcus HOOD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Extended. 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
- $8.46
- Price spread: −0.002% → −0.027%
- $2.46
- Slippage, 4 orders
- −$30.02
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$28.61
- Costs to cover
- 0.395%
- Break-even
- 30.7 days
Slippage from Extended: live order book, 1 min ago; Arcus: live order book, 1 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 Extended live order book, 1 min ago | 2.61 bp | 11.1 bp −$11 | 96.3 bp −$963 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 1 min ago | 0.41 bp | 9.0 bp −$9 | 11.2 bp −$112 | 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 | −0.0392% | 1h | 120.61 | −0.068% | $57K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0170% | 8h | 120.76 | +0.056% | $601K | $7.7M | 50x | as long as short |
| Bitget HOODUSDT | −0.0093% | 8h | 120.77 | +0.064% | $5.5M | $10.0M | 20x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.74 | +0.041% | $105K | $281K | 20x | as long as short |
| Extended HOOD_24_5-USDlong | 0.0000% | 1h | 120.69 | long leg | $356K | $1.6M | 10x | |
| Binance HOODUSDT | 0.0000% | 8h | 120.73 | +0.028% | $20.8M | $92.3M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 120.70 | +0.006% | $3.7M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.74 | +0.039% | $2.7M | $6.2M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 120.83 | +0.113% | $2.3M | $1.0M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 120.81 | +0.100% | $846K | $2.0M | 10x | as long as short |
Injective HOOD/USDC PERP
Gate HOOD_USDT
Bitget HOODUSDT
Aster HOODUSDT
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Variational Omni HOOD
GRVT HOOD_USDT_PerpShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex HOODUSDT | 0.0000% | 8h | 120.81 | +0.097% | $988K | $9K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0019% | 1h | 120.58 | −0.093% | — | $63K | 25x | as long as short |
| Arcus HOOD-USDshort | +0.0040% | 1h | 120.69 | −0.002% | $1.1M | $1.7M | 10x | |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 120.58 | −0.093% | $251K | $345K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.75 | +0.051% | $719 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.64 | −0.043% | $1.2M | $1.4M | 15x | as long as short |
| QFEX HOOD-USD | +0.0062% | 1h | 120.74 | +0.039% | $1.3M | $2.9M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0084% | 1h | 120.67 | −0.019% | $51.3M | $26.9M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.71 | +0.016% | $74K | $111K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.73 | +0.031% | $1.3M | $1.3M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.71 | +0.015% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.76 | +0.056% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.75 | +0.048% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.81 | +0.097% | $173K | $166K | 20x | as long as short |
| Lighter HOOD | +0.0128% | 1h | 120.71 | +0.015% | $2.8M | $3.2M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0184% | 1h | 120.60 | −0.077% | $196K | $1.8M | 10x | as long as short |
| Phoenix HOOD | +0.0198% | 1h | 120.80 | +0.089% | $28K | $238K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0365% | 1h | 120.78 | +0.077% | $394K | $1.4M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0413% | 1h | 120.75 | +0.048% | $6K | $52K | 10x | as long as short |
| edgeX HOODUSDC | +0.0648% | 4h | 120.82 | +0.105% | $364K | $304K | 10x | as long as short |
Phemex HOODUSDT
Vest HOOD-USD-PERP
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
QFEX HOOD-USD
tradeXYZ xyz:HOOD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
BloFin HOOD-USDT
Lighter HOOD
Coinbase International HOOD-PERP-INTX
Phoenix HOOD
RISEx HOOD/USDC
Deribit HOOD_USDC-PERPETUAL
edgeX HOODUSDC