Funding you earn now, next payment 03:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.004%
Price spread now: Arcus against Gate−0.107%7-day average −0.069% · 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−$52as in the Price arb table
costs, in and out, $10k−$480.478% of the position
Funding, last 4 days (all we have)+0.151%+$15 on $10k
+Price spread, last 7 days+0.057%+$6 · spread now −0.107%, 7d avg −0.069%
=Funding pays, the price is against you. Arcus is 0.038% cheaper against Gate than usual: you would sell low and buy high (spread −0.107% now, against its 7-day average of −0.069%). If the spread goes back, that is −$4 on $10k: about 3.1 days of funding at the current rate (+$1 a day). At the pace of the last 4 days (+0.151% in total) that is about 21 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate HOOD_USDT | 121.85 | 0 | get 0.0000% / 8h | 5h 33m | $580K | $7.7M | 50x |
| Short | Arcus HOOD-USD | 121.72 | 0.0040 | get 0.0005% / 1h | 33m 42s | $1.1M | $1.7M | 10x |
Gate HOOD_USDT
Arcus HOOD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Gate. 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: −0.107% → −0.069%
- −$3.78
- Slippage, 4 orders
- −$28.25
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$43.07
- Costs to cover
- 0.478%
- Break-even
- 42.6 days
Slippage from Gate: live order book, 5 min ago; Arcus: 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 Gate live order book, 5 min ago | 3.69 bp | 12.7 bp −$13 | 69.8 bp −$698 | doesn't fit | doesn't fit |
| Sell Arcus live order book, just now | 0.82 bp | 8.6 bp −$9 | 10.5 bp −$105 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps HOOD-USD | −0.0119% | 1h | 121.62 | −0.189% | $252K | $344K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.78 | −0.060% | $106K | $279K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.75 | −0.081% | $358K | $1.3M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.80 | −0.041% | $21.1M | $90.3M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.80 | −0.041% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.81 | −0.033% | $2.7M | $6.0M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.84 | −0.010% | $378K | $1.4M | 10x | as long as short |
| Gate HOOD_USDTlong | 0.0000% | 8h | 121.85 | long leg | $580K | $7.7M | 50x | |
| Bitget HOODUSDT | 0.0000% | 8h | 121.81 | −0.033% | $5.4M | $9.5M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.81 | −0.032% | $2.3M | $1.1M | — | as long as short |
Polymarket Perps HOOD-USD
Aster HOODUSDT
Extended HOOD_24_5-USD
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 | 121.81 | −0.031% | $855K | $2.0M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 121.71 | −0.115% | $7K | $68K | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.78 | −0.057% | $996K | $8K | 10x | as long as short |
| edgeX HOODUSDC | +0.0023% | 4h | 121.73 | −0.099% | $366K | $304K | 10x | as long as short |
| QFEX HOOD-USD | +0.0024% | 1h | 121.80 | −0.041% | $1.3M | $3.7M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0026% | 1h | 121.61 | −0.197% | — | $62K | 25x | as long as short |
| Arcus HOOD-USDshort | +0.0040% | 1h | 121.72 | −0.107% | $1.1M | $1.7M | 10x | |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.78 | −0.057% | $52.1M | $28.0M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.75 | −0.079% | $733 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.57 | −0.230% | $1.2M | $1.5M | 15x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0056% | 1h | 121.54 | −0.254% | $194K | $1.9M | 10x | as long as short |
| Lighter HOOD | +0.0064% | 1h | 121.77 | −0.070% | $2.9M | $3.1M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.80 | −0.045% | $68K | $110K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.82 | −0.025% | $1.3M | $1.2M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.78 | −0.057% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.84 | −0.008% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.77 | −0.065% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 121.81 | −0.033% | $174K | $159K | 20x | as long as short |
| Phoenix HOOD | +0.0197% | 1h | 121.73 | −0.098% | $28K | $239K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0345% | 1h | 121.36 | −0.402% | $58K | $57K | 30x | as long as short |
GRVT HOOD_USDT_Perp
Deribit HOOD_USDC-PERPETUAL
Phemex HOODUSDT
edgeX HOODUSDC
QFEX HOOD-USD
Vest HOOD-USD-PERP
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Coinbase International HOOD-PERP-INTX
Lighter HOOD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
BloFin HOOD-USDT
Phoenix HOOD
Injective HOOD/USDC PERP