Funding you earn now, next payment 09:00 UTC+0.0038%/8h= +4.2% APRnext payment +$0.05 per $10,000 · paid last 24h −0.011%
Price spread now: QFEX against Extended−0.090%7-day average −0.001% · 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−$46as in the Price arb table
costs, in and out, $10k−$370.371% of the position
Funding, last 4 days (all we have)−0.007%−$1 on $10k
+Price spread, last 7 days+0.041%+$4 · spread now −0.090%, 7d avg −0.001%
=Together, before fees+0.034%+ Points / potential airdropExtended: Active · farm board+$3 on $10k · with fees, hour by hour
Funding pays, the price is against you. QFEX is 0.089% cheaper against Extended than usual: you would sell low and buy high (spread −0.090% now, against its 7-day average of −0.001%). If the spread goes back, that is −$9 on $10k: about 7.8 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended HOOD_24_5-USD | 120.31 | 0 | get 0.0000% / 1h | 23m 27s | $353K | $2.3M | 10x |
| Short | QFEX HOOD-USD | 120.20 | 0.0038 | get 0.0005% / 1h | 23m 27s | $1.3M | $2.8M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $7.96
- Price spread: −0.090% → −0.001%
- −$8.87
- Slippage, 4 orders
- −$22.11
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$38.01
- Costs to cover
- 0.371%
- Break-even
- 40.4 days
Slippage from Extended: live order book, 5 min ago; QFEX: live order book, 9 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, 5 min ago | 3.05 bp | 11.9 bp −$12 | 101.9 bp −$1,019 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 9 min ago | 1.67 bp | 6.7 bp −$7 | 8.4 bp −$84 | 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 | 119.96 | −0.290% | $29K | $75K | 30x | as long as short |
| Bitget HOODUSDT | −0.0003% | 8h | 120.38 | +0.059% | $5.5M | $9.7M | 20x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.26 | −0.043% | $108K | $284K | 20x | as long as short |
| Extended HOOD_24_5-USDlong | 0.0000% | 1h | 120.31 | long leg | $353K | $2.3M | 10x | |
| Binance HOODUSDT | 0.0000% | 8h | 120.33 | +0.016% | $20.9M | $91.4M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 120.43 | +0.101% | $3.7M | $8.2M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.43 | +0.101% | $2.6M | $6.1M | 20x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 120.31 | +0.001% | $595K | $7.0M | 50x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 119.69 | −0.517% | $2.2M | $979K | — | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 120.12 | −0.157% | $983K | $8K | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest HOOD-USD-PERP | +0.0002% | 1h | 119.96 | −0.290% | — | $64K | 25x | as long as short |
| GRVT HOOD_USDT_Perp | +0.0009% | 8h | 119.75 | −0.463% | $847K | $1.9M | 10x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 120.20 | −0.089% | $2.8M | $3.1M | 10x | as long as short |
| QFEX HOOD-USDshort | +0.0038% | 1h | 120.20 | −0.090% | $1.3M | $2.8M | 10x | |
| Arcus HOOD-USD | +0.0040% | 1h | 120.17 | −0.115% | $1.1M | $1.8M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 120.30 | −0.007% | $50.7M | $26.6M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 120.16 | −0.123% | $250K | $336K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 119.89 | −0.351% | $849 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 119.90 | −0.339% | $1.2M | $1.4M | 15x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.21 | −0.078% | $74K | $107K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.09 | −0.182% | $1.3M | $1.4M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 119.71 | −0.497% | $5K | $36K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.26 | −0.040% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.37 | +0.047% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 119.74 | −0.472% | $173K | $175K | 20x | as long as short |
| Phoenix HOOD | +0.0133% | 1h | 119.73 | −0.481% | $28K | $238K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0200% | 1h | 119.88 | −0.356% | $195K | $1.8M | 10x | as long as short |
| RISEx HOOD/USDC | +0.0421% | 1h | 120.25 | −0.049% | $424K | $1.3M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0499% | 1h | 120.21 | −0.082% | $6K | $53K | 10x | as long as short |
| edgeX HOODUSDC | +0.0927% | 4h | 119.75 | −0.467% | $360K | $303K | 10x | as long as short |
Extended HOOD_24_5-USD
Injective HOOD/USDC PERP
Bitget HOODUSDT
Aster HOODUSDT
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Gate HOOD_USDT
Variational Omni HOOD
Phemex HOODUSDT
GRVT HOOD_USDT_Perp
Lighter HOOD
tradeXYZ xyz:HOOD
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
BloFin HOOD-USDT
Phoenix HOOD
Coinbase International HOOD-PERP-INTX
RISEx HOOD/USDC
Deribit HOOD_USDC-PERPETUAL
edgeX HOODUSDC