Funding you earn now, next payment 16:00 UTC−0.0918%/8h= −100.5% APRnext payment −$9.18 per $10,000 · paid last 24h −0.001%
Price spread now: Aster against GRVT+0.082%110s7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1351.346% of the position
Funding, last 7 days−0.103%−$10 on $10k
+Price spread, last 4 days (all we have)−0.558%−$56 · spread now +0.082%, 7d avg −0.023%
=Together, before fees−0.662%+ Points / potential airdropGRVT: Active · Aster: Stage 5 · farm board−$66 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.105% dearer against GRVT than usual: you sell high and buy low (spread +0.082% now, against its 7-day average of −0.023%): +$11 on $10k if it goes back. Holding the pair costs −$28 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.103% in total) that is about 7.1 days. The two prices were read 110 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.103% in total (about -5.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$9.18 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 | GRVT HOOD_USDT_Perp | 122.00 | 0.0918 | pay 0.0918% / 8h | 7h 03m | $855K | $1.8M | 10x |
| Short | Aster HOODUSDT | 122.10 | 0 | get 0.0000% / 8h | 7h 03m | $110K | $285K | 20x |
GRVT HOOD_USDT_Perp
Aster HOODUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against GRVT. 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
- −$192.78
- Price spread: +0.082% → −0.023%
- $10.54
- Slippage, 4 orders
- −$117.6
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$316.84
- Costs to cover
- 1.346%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 5 min ago; Aster: live order book, 28 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 GRVT live order book, 5 min ago | 1.23 bp | 13.5 bp −$13 | 26.7 bp −$267 | doesn't fit | doesn't fit |
| Sell Aster live order book, 28 min ago | 4.17 bp | 54.7 bp −$55 | 360.0 bp −$3,600 | 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 | 121.59 | −0.336% | $30K | $98K | 30x | as long as short |
| Aster HOODUSDTshort | 0.0000% | 8h | 122.10 | +0.082% | $110K | $285K | 20x | |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.19 | +0.156% | $2.7M | $6.2M | 20x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.24 | +0.197% | $575K | $7.2M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.23 | +0.189% | $5.6M | $9.4M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 122.02 | +0.020% | $2.3M | $938K | — | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 122.20 | +0.164% | $6K | $50K | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 122.18 | +0.148% | $1.0M | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0012% | 1h | 122.01 | +0.008% | — | $64K | 25x | as long as short |
| QFEX HOOD-USD | +0.0038% | 1h | 122.14 | +0.115% | $1.3M | $2.8M | 10x | as long as short |
Injective HOOD/USDC PERP
OKX HOOD-USDT-SWAP
Gate HOOD_USDT
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 | +0.115% | $1.1M | $1.8M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 122.17 | +0.139% | $51.4M | $26.6M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 122.12 | +0.098% | $255K | $336K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.92 | −0.066% | $1.3M | $1.3M | 15x | as long as short |
| Bybit HOODUSDT | +0.0086% | 8h | 122.17 | +0.139% | $3.7M | $7.9M | 25x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.18 | +0.149% | $75K | $108K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.05 | +0.041% | $1.3M | $1.4M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.81 | −0.156% | $5K | $31K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.21 | +0.172% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.19 | +0.156% | $16K | — | 10x | as long as short |
| Extended HOOD_24_5-USD | +0.0112% | 1h | 122.17 | +0.138% | $361K | $2.3M | 10x | as long as short |
| Lighter HOOD | +0.0120% | 1h | 122.23 | +0.185% | $2.9M | $3.2M | 10x | as long as short |
| Binance HOODUSDT | +0.0121% | 8h | 122.22 | +0.180% | $21.2M | $89.1M | 20x | as long as short |
| Phoenix HOOD | +0.0133% | 1h | 121.98 | −0.016% | $28K | $238K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0200% | 1h | 122.08 | +0.066% | $234K | $1.8M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0224% | 8h | 122.14 | +0.115% | $172K | $179K | 20x | as long as short |
| RISEx HOOD/USDC | +0.0421% | 1h | 122.25 | +0.201% | $420K | $1.3M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0696% | 1h | 122.20 | +0.161% | $735 | $4K | 10x | as long as short |
| GRVT HOOD_USDT_Perplong | +0.0918% | 8h | 122.00 | long leg | $855K | $1.8M | 10x | |
| edgeX HOODUSDC | +0.0937% | 4h | 121.98 | −0.017% | $367K | $303K | 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
Binance HOODUSDT
Phoenix HOOD
Coinbase International HOOD-PERP-INTX
BloFin HOOD-USDT
RISEx HOOD/USDC
SoDEX HOOD-USD
edgeX HOODUSDC