Funding you earn now, next payment 05:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.003%
Price spread now: Pacifica against Extended+0.021%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$450.449% of the position
Funding, last 7 days+0.063%+$6 on $10k
+Price spread, last 4 days (all we have)+0.017%+$2 · spread now +0.021%, 7d avg −0.003%
=Together, before fees+0.081%+ Points / potential airdropExtended: Active · Pacifica: Active · farm board+$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Pacifica is 0.023% dearer against Extended than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended HOOD_24_5-USD | 121.43 | 0 | get 0.0000% / 1h | 52m 04s | $357K | $1.4M | 10x |
| Short | Pacifica HOOD | 121.45 | 0.0100 | get 0.0013% / 1h | 52m 04s | $68K | $109K | 10x |
Extended HOOD_24_5-USD
Pacifica HOODFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- $21
- Price spread: +0.021% → −0.003%
- $2.35
- Slippage, 4 orders
- −$31.87
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$21.52
- Costs to cover
- 0.449%
- Break-even
- 14.2 days
Slippage from Extended: live order book, 1 min ago; Pacifica: live order book, just now.
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 | 7.50 bp | 11.5 bp −$12 | 47.0 bp −$470 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, just now | 2.02 bp | 9.0 bp −$9 | doesn't fit | 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 | 121.21 | −0.178% | $58K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0091% | 8h | 121.48 | +0.044% | $576K | $7.6M | 50x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.49 | +0.051% | $106K | $280K | 20x | as long as short |
| Extended HOOD_24_5-USDlong | 0.0000% | 1h | 121.43 | long leg | $357K | $1.4M | 10x | |
| Binance HOODUSDT | 0.0000% | 8h | 121.44 | +0.012% | $20.9M | $91.0M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.48 | +0.044% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.44 | +0.012% | $2.7M | $6.0M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.45 | +0.020% | $390K | $1.4M | 10x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 121.48 | +0.044% | $5.4M | $9.6M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.51 | +0.072% | $2.3M | $1.1M | — | as long as short |
Injective HOOD/USDC PERP
Gate HOOD_USDT
Aster HOODUSDT
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Bitget HOODUSDT
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 | 121.50 | +0.061% | $850K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.46 | +0.028% | $994K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0016% | 1h | 121.29 | −0.112% | — | $63K | 25x | as long as short |
| QFEX HOOD-USD | +0.0022% | 1h | 121.44 | +0.012% | $1.3M | $3.6M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0029% | 1h | 121.25 | −0.145% | $252K | $344K | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.43 | +0.003% | $1.1M | $1.7M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.36 | −0.054% | $51.6M | $28.3M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.40 | −0.019% | $733 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.47 | +0.036% | $1.2M | $1.5M | 15x | as long as short |
| Pacifica HOODshort | +0.0100% | 1h | 121.45 | +0.021% | $68K | $109K | 10x | |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.47 | +0.036% | $1.3M | $1.2M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.43 | +0.003% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.43 | +0.003% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.39 | −0.026% | $16K | — | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0120% | 1h | 121.10 | −0.268% | $193K | $1.9M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 121.49 | +0.053% | $175K | $160K | 20x | as long as short |
| Phoenix HOOD | +0.0132% | 1h | 121.47 | +0.036% | $28K | $238K | 10x | as long as short |
| Lighter HOOD | +0.0224% | 1h | 121.43 | +0.004% | $2.8M | $3.1M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0409% | 1h | 121.43 | +0.003% | $6K | $57K | 10x | as long as short |
| edgeX HOODUSDC | +0.0992% | 4h | 121.52 | +0.073% | $366K | $304K | 10x | as long as short |
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Vest HOOD-USD-PERP
QFEX HOOD-USD
Polymarket Perps HOOD-USD
Arcus HOOD-USD
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
Coinbase International HOOD-PERP-INTX
BloFin HOOD-USDT
Phoenix HOOD
Lighter HOOD
Deribit HOOD_USDC-PERPETUAL
edgeX HOODUSDC