Funding you earn now, next payment 22:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.022%
Price spread now: Pacifica against Gate−0.024%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$680.679% of the position
Funding, last 7 days+0.211%+$21 on $10k
+Price spread, last 4 days (all we have)+0.072%+$7 · spread now −0.024%, 7d avg −0.030%
=Together, before fees+0.283%+ Points / potential airdropPacifica: Active · farm board+$28 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.030%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate HOOD_USDT | 123.68 | 0 | get 0.0000% / 8h | 2h 29m | $556K | $7.9M | 50x |
| Short | Pacifica HOOD | 123.65 | 0.0100 | get 0.0013% / 1h | 29m 29s | $80K | $107K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- $21
- Price spread: −0.024% → −0.030%
- $0.57
- Slippage, 4 orders
- −$44.94
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$46.36
- Costs to cover
- 0.679%
- Break-even
- 22.5 days
Slippage from Gate: live order book, 4 min ago; Pacifica: live order book, 58 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, 4 min ago | 4.85 bp | 17.7 bp −$18 | 75.9 bp −$759 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 58 min ago | 11.36 bp | 15.4 bp −$15 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps HOOD-USD | −0.0011% | 1h | 123.54 | −0.113% | $264K | $297K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 123.62 | −0.049% | $110K | $262K | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 123.64 | −0.032% | $4.0M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 123.70 | +0.016% | $3.0M | $5.7M | 20x | as long as short |
| Gate HOOD_USDTlong | 0.0000% | 8h | 123.68 | long leg | $556K | $7.9M | 50x | |
| Variational Omni HOOD | 0.0000% | 8h | 123.64 | −0.029% | $2.4M | $1.0M | — | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 123.68 | 0.000% | $1.0M | $8K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0004% | 1h | 123.47 | −0.170% | $63K | $50K | 30x | as long as short |
| Bitget HOODUSDT | +0.0015% | 8h | 123.72 | +0.032% | $5.7M | $9.2M | 20x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 123.65 | −0.023% | $3.1M | $1.9M | 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 | +0.0046% | 1h | 123.57 | −0.089% | — | $63K | 25x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 123.67 | −0.007% | $744 | $3K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 123.55 | −0.105% | $1.4M | $1.3M | 15x | as long as short |
| QFEX HOOD-USD | +0.0061% | 1h | 123.71 | +0.024% | $1.3M | $4.1M | 10x | as long as short |
| GRVT HOOD_USDT_Perp | +0.0070% | 8h | 123.62 | −0.049% | $870K | $2.2M | 10x | as long as short |
| Pacifica HOODshort | +0.0100% | 1h | 123.65 | −0.024% | $80K | $107K | 10x | |
| KuCoin HOODUSDTM | +0.0100% | 8h | 123.64 | −0.032% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 123.55 | −0.105% | $45K | $249K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 123.67 | −0.008% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 123.69 | +0.010% | $16K | — | 10x | as long as short |
| Extended HOOD_24_5-USD | +0.0120% | 1h | 123.71 | +0.025% | $419K | $1.2M | 10x | as long as short |
| Binance HOODUSDT | +0.0120% | 8h | 123.73 | +0.040% | $23.9M | $84.3M | 20x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0192% | 1h | 123.41 | −0.218% | $196K | $1.8M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0240% | 8h | 123.65 | −0.024% | $189K | $123K | 20x | as long as short |
| tradeXYZ xyz:HOOD | +0.0245% | 1h | 123.69 | +0.008% | $53.2M | $29.9M | 10x | as long as short |
| edgeX HOODUSDC | +0.0267% | 4h | 123.62 | −0.049% | $372K | $308K | 10x | as long as short |
| Phoenix HOOD | +0.0323% | 1h | 123.68 | 0.000% | $28K | $188K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0337% | 1h | 123.69 | +0.012% | $421K | $1.4M | 10x | as long as short |
| Arcus HOOD-USD | +0.0472% | 1h | 123.64 | −0.032% | $1.1M | $1.7M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0559% | 1h | 123.73 | +0.040% | $6K | $84K | 10x | as long as short |
Gate HOOD_USDT
Pacifica HOOD
Polymarket Perps HOOD-USD
Aster HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Variational Omni HOOD
Phemex HOODUSDT
Injective HOOD/USDC PERP
Bitget HOODUSDT
Lighter HOOD
SoDEX HOOD-USD
GRVT HOOD_USDT_Perp
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Coinbase International HOOD-PERP-INTX
BloFin HOOD-USDT
tradeXYZ xyz:HOOD
edgeX HOODUSDC
Phoenix HOOD
RISEx HOOD/USDC
Deribit HOOD_USDC-PERPETUAL