Funding you earn now, next payment 16:00 UTC+0.0121%/8h= +13.3% APRnext payment +$1.21 per $10,000 · paid last 24h +0.036%
Price spread now: Binance against Gate−0.049%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$510.508% of the position
Funding, last 7 days+0.143%+$14 on $10k
+Price spread, last 7 days+0.003%$0 · spread now −0.049%, 7d avg +0.013%
=Funding pays, the price is against you. Binance is 0.062% cheaper against Gate than usual: you would sell low and buy high (spread −0.049% now, against its 7-day average of +0.013%). If the spread goes back, that is −$6 on $10k: about 41 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate HOOD_USDT | 122.24 | 0 | get 0.0000% / 8h | 7h 03m | $575K | $7.2M | 50x |
| Short | Binance HOODUSDT | 122.18 | 0.0121 | get 0.0121% / 8h | 7h 03m | $21.2M | $89.1M | 20x |
Gate HOOD_USDT
Binance HOODUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $25.42
- Price spread: −0.049% → +0.013%
- −$6.2
- Slippage, 4 orders
- −$25.8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$31.58
- Costs to cover
- 0.508%
- Break-even
- 15.7 days
Slippage from Gate: live order book, 5 min ago; Binance: 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 Gate live order book, 5 min ago | 4.92 bp | 16.4 bp −$16 | 62.3 bp −$623 | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 0.41 bp | 8.1 bp −$8 | 17.8 bp −$178 | 74.5 bp −$7,452 | 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 | 121.59 | −0.532% | $30K | $98K | 30x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 122.10 | −0.115% | $110K | $285K | 20x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.19 | −0.041% | $2.7M | $6.2M | 20x | as long as short |
| Gate HOOD_USDTlong | 0.0000% | 8h | 122.24 | long leg | $575K | $7.2M | 50x | |
| Bitget HOODUSDT | 0.0000% | 8h | 122.24 | 0.000% | $5.6M | $9.4M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 122.02 | −0.176% | $2.3M | $938K | — | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 122.20 | −0.033% | $6K | $50K | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 122.18 | −0.049% | $1.0M | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0013% | 1h | 122.07 | −0.139% | — | $64K | 25x | as long as short |
| QFEX HOOD-USD | +0.0038% | 1h | 122.14 | −0.082% | $1.3M | $2.8M | 10x | as long as short |
Injective HOOD/USDC PERP
Aster HOODUSDT
OKX HOOD-USDT-SWAP
Bitget HOODUSDT
Variational Omni HOOD
Deribit HOOD_USDC-PERPETUAL
Phemex HOODUSDT
Vest HOOD-USD-PERP
QFEX HOOD-USDShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus HOOD-USD | +0.0040% | 1h | 122.14 | −0.082% | $1.1M | $1.8M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 122.18 | −0.049% | $51.4M | $26.6M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 122.17 | −0.057% | $255K | $336K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.92 | −0.262% | $1.3M | $1.3M | 15x | as long as short |
| Bybit HOODUSDT | +0.0086% | 8h | 122.17 | −0.057% | $3.7M | $7.9M | 25x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.18 | −0.047% | $75K | $108K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.05 | −0.155% | $1.3M | $1.4M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.03 | −0.172% | $5K | $31K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.21 | −0.025% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.19 | −0.041% | $16K | — | 10x | as long as short |
| Extended HOOD_24_5-USD | +0.0112% | 1h | 122.17 | −0.059% | $361K | $2.3M | 10x | as long as short |
| Lighter HOOD | +0.0120% | 1h | 122.23 | −0.011% | $2.9M | $3.2M | 10x | as long as short |
| Binance HOODUSDTshort | +0.0121% | 8h | 122.18 | −0.049% | $21.2M | $89.1M | 20x | |
| Phoenix HOOD | +0.0133% | 1h | 121.98 | −0.213% | $28K | $238K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0200% | 1h | 122.08 | −0.131% | $234K | $1.8M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0224% | 8h | 122.14 | −0.082% | $172K | $179K | 20x | as long as short |
| edgeX HOODUSDC | +0.0326% | 4h | 122.18 | −0.048% | $368K | $303K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0421% | 1h | 122.25 | +0.005% | $420K | $1.3M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0696% | 1h | 122.20 | −0.035% | $735 | $4K | 10x | as long as short |
| GRVT HOOD_USDT_Perp | +0.0986% | 8h | 122.15 | −0.074% | $862K | $1.8M | 10x | as long as short |
Arcus HOOD-USD
tradeXYZ xyz:HOOD
Polymarket Perps HOOD-USD
Ondo Perps HOOD-USD.P
Bybit HOODUSDT
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
Extended HOOD_24_5-USD
Lighter HOOD
Phoenix HOOD
Coinbase International HOOD-PERP-INTX
BloFin HOOD-USDT
edgeX HOODUSDC
RISEx HOOD/USDC
SoDEX HOOD-USD
GRVT HOOD_USDT_Perp