Funding you earn now, next payment 01:00 UTC+0.0306%/8h= +33.5% APRpaid last 24h −0.002%
Price spread now: tradeXYZ against Gate+0.008%7-day average −0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$540.537% of the position
Funding, last 7 days+0.165%+$16 on $10k
+Price spread, last 7 days−0.069%−$7 · spread now +0.008%, 7d avg −0.070%
=Together, before fees+0.096%+ Points / potential airdroptradeXYZ: Active · farm board+$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and tradeXYZ is 0.079% dearer against Gate than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.070%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.165% in total (about 8.6% a year). A funding rate is set anew for every payment. 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 | 122.64 | 0 | get 0.0000% / 8h | 7h 47m | $565K | $7.8M | 50x |
| Short | tradeXYZ xyz:HOOD | 122.65 | 0.0306 | get 0.0038% / 1h | 47m 44s | $52.6M | $28.0M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $64.33
- Price spread: +0.008% → −0.070%
- $7.86
- Slippage, 4 orders
- −$20.7
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $18.48
- Costs to cover
- 0.537%
- Break-even
- 5.0 days
Slippage from Gate: live order book, 1 min ago; tradeXYZ: live order book, 11 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 | 4.89 bp | 16.2 bp −$16 | 66.7 bp −$667 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 11 min ago | 1.22 bp | 11.0 bp −$11 | 15.8 bp −$158 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HOODUSDT | 0.0000% | 8h | 122.60 | −0.036% | $107K | $267K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 122.65 | +0.011% | $362K | $1.4M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 122.70 | +0.050% | $22.0M | $89.2M | 20x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.68 | +0.033% | $2.9M | $5.9M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 122.55 | −0.075% | $382K | $1.4M | 10x | as long as short |
| Gate HOOD_USDTlong | 0.0000% | 8h | 122.64 | long leg | $565K | $7.8M | 50x | |
| Bitget HOODUSDT | 0.0000% | 8h | 122.72 | +0.065% | $5.6M | $9.5M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 122.48 | −0.130% | $2.4M | $1.1M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 122.78 | +0.114% | $863K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 122.63 | −0.008% | $1.0M | $8K | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX HOOD-USD | +0.0014% | 1h | 122.59 | −0.041% | $1.3M | $4.2M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 122.48 | −0.130% | $1.1M | $1.7M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0043% | 1h | 122.41 | −0.188% | — | $63K | 25x | as long as short |
| Bybit HOODUSDT | +0.0047% | 8h | 122.74 | +0.082% | $3.9M | $8.7M | 25x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 122.48 | −0.130% | $264K | $335K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.53 | −0.089% | $738 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.40 | −0.196% | $1.2M | $1.6M | 15x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0096% | 1h | 122.34 | −0.245% | $202K | $1.9M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.53 | −0.088% | $71K | $110K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.64 | 0.000% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.46 | −0.147% | $5K | $109K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.57 | −0.057% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.60 | −0.034% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 122.52 | −0.098% | $183K | $124K | 20x | as long as short |
| Lighter HOOD | +0.0184% | 1h | 122.67 | +0.023% | $2.9M | $2.1M | 10x | as long as short |
| Phoenix HOOD | +0.0196% | 1h | 122.48 | −0.130% | $28K | $239K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0213% | 1h | 122.81 | +0.139% | $63K | $49K | 30x | as long as short |
| tradeXYZ xyz:HOODshort | +0.0306% | 1h | 122.65 | +0.008% | $52.6M | $28.0M | 10x | |
| edgeX HOODUSDC | +0.0358% | 4h | 122.80 | +0.131% | $370K | $308K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0730% | 1h | 122.58 | −0.049% | $8K | $69K | 10x | as long as short |
Gate HOOD_USDT
tradeXYZ xyz:HOOD
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Bitget HOODUSDT
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Bybit HOODUSDT
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Coinbase International HOOD-PERP-INTX
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
BloFin HOOD-USDT
Lighter HOOD
Phoenix HOOD
Injective HOOD/USDC PERP
edgeX HOODUSDC
Deribit HOOD_USDC-PERPETUAL