HOOD

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0272%/8h= +29.8% APRnext payment +$2.72 per $10,000 · paid last 24h −0.010%

Price spread now: KuCoin against Gate−0.033%7-day average −0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs−$230as in the Funding arb table

Net, price: spread back to 7d avg − costs−$238as in the Price arb table

costs, in and out, $10k−$2372.370% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.066%+$7 on $10k

Price spread, last 7 days−0.081%−$8 · spread now −0.033%, 7d avg −0.019%

Together, before fees−0.015%−$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.019%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.066% in total (about 3.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.72 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate HOOD_USDT	120.76	−0.0172	get 0.0172% / 8h	37m 06s	$599K	$7.6M	50x
Short	KuCoin HOODUSDTM	120.72	0.0100	get 0.0100% / 8h	37m 06s	$1.3M	$1.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee KuCoinbpOrdersPrice spread, now −0.033%Rate

Funding earned: $57.12
Price spread: −0.033% → −0.019%: −$1.39
Slippage, 4 orders: −$209.97
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$181.24
Costs to cover: 2.370%
Break-even: 29.2 days

Slippage from Gate: live order book, 1 min ago; KuCoin: live order book, 8 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, 1 min ago	4.14 bp	18.7 bp −$19	172.3 bp −$1,723	doesn't fit	doesn't fit
Sell KuCoin live order book, 8 min ago	2.90 bp	28.6 bp −$29	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	120.48	−0.232%	$57K	$57K	30x	as long as short
Gate HOOD_USDTlong	−0.0172%	8h	120.76	long leg	$599K	$7.6M	50x
Bitget HOODUSDT	−0.0086%	8h	120.82	+0.050%	$5.5M	$9.9M	20x	as long as short
Aster HOODUSDT	0.0000%	8h	120.77	+0.011%	$105K	$281K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	120.72	−0.035%	$356K	$2.2M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	120.78	+0.018%	$20.8M	$92.0M	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	120.76	0.000%	$3.7M	$8.8M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	120.75	−0.008%	$2.7M	$6.2M	20x	as long as short
Variational Omni HOOD	0.0000%	8h	120.85	+0.072%	$2.2M	$1.0M	—	as long as short
GRVT HOOD_USDT_Perp	0.0000%	8h	120.75	−0.008%	$853K	$2.0M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex HOODUSDT	0.0000%	8h	120.76	0.000%	$988K	$8K	10x	as long as short
Polymarket Perps HOOD-USD	+0.0005%	1h	120.57	−0.157%	$251K	$345K	10x	as long as short
Vest HOOD-USD-PERP	+0.0019%	1h	120.58	−0.149%	—	$63K	25x	as long as short
Arcus HOOD-USD	+0.0040%	1h	120.68	−0.066%	$1.1M	$1.7M	10x	as long as short
QFEX HOOD-USD	+0.0046%	1h	120.76	0.000%	$1.3M	$2.9M	10x	as long as short
tradeXYZ xyz:HOOD	+0.0050%	1h	120.71	−0.041%	$51.2M	$26.9M	10x	as long as short
SoDEX HOOD-USD	+0.0050%	1h	120.73	−0.023%	$723	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	120.79	+0.025%	$1.3M	$1.4M	15x	as long as short
Lighter HOOD	+0.0080%	1h	120.74	−0.015%	$2.8M	$3.2M	10x	as long as short
edgeX HOODUSDC	+0.0086%	4h	120.76	+0.002%	$363K	$304K	10x	as long as short
Pacifica HOOD	+0.0100%	1h	120.73	−0.021%	$74K	$111K	10x	as long as short
KuCoin HOODUSDTMshort	+0.0100%	8h	120.72	−0.033%	$1.3M	$1.4M	20x
ApeX Omni HOODUSDT	+0.0100%	1h	120.80	+0.033%	$5K	$40K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	120.72	−0.033%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	120.74	−0.017%	$16K	—	10x	as long as short
BloFin HOOD-USDT	+0.0120%	8h	120.74	−0.017%	$173K	$168K	20x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0192%	1h	120.67	−0.075%	$197K	$1.8M	10x	as long as short
Phoenix HOOD	+0.0265%	1h	120.71	−0.041%	$28K	$238K	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	+0.0413%	1h	120.72	−0.033%	$6K	$52K	10x	as long as short
RISEx HOOD/USDC	+0.0479%	1h	120.80	+0.030%	$397K	$1.4M	10x	as long as short