Funding you earn now, next payment 04:00 UTC+0.0120%/8h= +13.1% APRnext payment +$0.15 per $10,000 · paid last 24h +0.017%
Price spread now: Coinbase International against Extended+0.039%7-day average −0.134% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$420.417% of the position
Funding, last 7 days+0.037%+$4 on $10k
+Price spread, last 4 days (all we have)−0.119%−$12 · spread now +0.039%, 7d avg −0.134%
=Together, before fees−0.081%+ Points / potential airdropExtended: Active · farm board−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Coinbase International is 0.173% dearer against Extended than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.134%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended HOOD_24_5-USD | 121.05 | 0 | get 0.0000% / 1h | 25m 15s | $362K | $1.4M | 10x |
| Short | Coinbase International HOOD-PERP-INTX | 121.10 | 0.0120 | get 0.0015% / 1h | 25m 15s | $193K | $1.9M | 10x |
Extended HOOD_24_5-USD
Coinbase International HOOD-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $25.2
- Price spread: +0.039% → −0.134%
- $17.32
- Slippage, 4 orders
- −$26.74
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $0.78
- Costs to cover
- 0.417%
- Break-even
- 6.8 days
Slippage from Extended: live order book, 3 min ago; Coinbase International: live order book, 3 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, 3 min ago | 3.84 bp | 12.5 bp −$13 | 71.9 bp −$719 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 3 min ago | 2.89 bp | 8.7 bp −$9 | 15.5 bp −$155 | 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 | 120.89 | −0.134% | $58K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0121% | 8h | 121.11 | +0.048% | $571K | $7.7M | 50x | as long as short |
| Bitget HOODUSDT | −0.0092% | 8h | 121.15 | +0.081% | $5.4M | $9.7M | 20x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.14 | +0.069% | $106K | $280K | 20x | as long as short |
| Extended HOOD_24_5-USDlong | 0.0000% | 1h | 121.05 | long leg | $362K | $1.4M | 10x | |
| Binance HOODUSDT | 0.0000% | 8h | 121.08 | +0.026% | $20.8M | $91.2M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.09 | +0.031% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.09 | +0.031% | $2.7M | $6.0M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.11 | +0.048% | $383K | $1.4M | 10x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.08 | +0.021% | $2.3M | $1.1M | — | as long as short |
Injective HOOD/USDC PERP
Gate HOOD_USDT
Bitget HOODUSDT
Aster HOODUSDT
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Variational Omni HOODShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 121.11 | +0.046% | $858K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.11 | +0.048% | $991K | $9K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0015% | 1h | 120.91 | −0.118% | — | $63K | 25x | as long as short |
| QFEX HOOD-USD | +0.0022% | 1h | 121.10 | +0.039% | $1.3M | $3.3M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.06 | +0.006% | $1.1M | $1.7M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.01 | −0.035% | $51.3M | $28.4M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 120.90 | −0.126% | $251K | $344K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.07 | +0.014% | $727 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.08 | +0.023% | $1.2M | $1.5M | 15x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0081% | 1h | 121.06 | +0.006% | $6K | $54K | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.08 | +0.023% | $67K | $109K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.17 | +0.097% | $1.3M | $1.2M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.08 | +0.023% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.07 | +0.015% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.06 | +0.004% | $16K | — | 10x | as long as short |
| Coinbase International HOOD-PERP-INTXshort | +0.0120% | 1h | 121.10 | +0.039% | $193K | $1.9M | 10x | |
| BloFin HOOD-USDT | +0.0120% | 8h | 121.07 | +0.015% | $174K | $158K | 20x | as long as short |
| Phoenix HOOD | +0.0132% | 1h | 121.14 | +0.072% | $28K | $238K | 10x | as long as short |
| Lighter HOOD | +0.0176% | 1h | 121.08 | +0.025% | $2.8M | $3.2M | 10x | as long as short |
| edgeX HOODUSDC | +0.0425% | 4h | 121.18 | +0.105% | $365K | $303K | 10x | as long as short |
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Vest HOOD-USD-PERP
QFEX HOOD-USD
Arcus HOOD-USD
tradeXYZ xyz:HOOD
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Deribit HOOD_USDC-PERPETUAL
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
BloFin HOOD-USDT
Phoenix HOOD
Lighter HOOD
edgeX HOODUSDC