Funding you earn now, next payment 22:00 UTC+0.0080%/8h= +8.8% APRpaid last 24h +0.040%
Price spread now: Coinbase International against GRVT−0.758%7-day average −0.161% · you buy dearer than you sell
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$340.342% of the position
Funding, last 7 days+0.097%+$10 on $10k
+Price spread, last 3 days (all we have)+0.655%+$66 · spread now −0.758%, 7d avg −0.161%
=Together, before fees+0.753%+ Points / potential airdropGRVT: Active · farm board+$75 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.596% cheaper against GRVT than usual: you would sell low and buy high (spread −0.758% now, against its 7-day average of −0.161%). If the spread goes back, that is −$60 on $10k: about 25 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT HOOD_USDT_Perp | 123.19 | 0 | get 0.0000% / 8h | 1h 14m | $867K | $2.1M | 10x |
| Short | Coinbase International HOOD-PERP-INTX | 122.26 | 0.0080 | get 0.0010% / 1h | 14m 51s | $189K | $1.8M | 10x |
GRVT HOOD_USDT_Perp
Coinbase International HOOD-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $16.8
- Price spread: −0.758% → −0.161%
- −$59.65
- Slippage, 4 orders
- −$15.21
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$77.06
- Costs to cover
- 0.342%
- Break-even
- 39.1 days
Slippage from GRVT: live order book, 4 min ago; Coinbase International: live order book, 4 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, 4 min ago | 0.41 bp | 9.6 bp −$10 | 23.0 bp −$230 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 4 min ago | 3.65 bp | 8.7 bp −$9 | 13.2 bp −$132 | 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 | −0.0114% | 1h | 122.34 | −0.693% | $269K | $330K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 122.63 | −0.456% | $109K | $262K | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 122.81 | −0.311% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.85 | −0.279% | $3.0M | $5.8M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 122.71 | −0.394% | $399K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.83 | −0.295% | $567K | $7.8M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.93 | −0.214% | $5.6M | $9.4M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 123.16 | −0.027% | $2.4M | $1.0M | — | as long as short |
| GRVT HOOD_USDT_Perplong | 0.0000% | 8h | 123.19 | long leg | $867K | $2.1M | 10x | |
| Phemex HOODUSDT | 0.0000% | 8h | 122.82 | −0.303% | $1.0M | $8K | 10x | as long as short |
Polymarket Perps HOOD-USD
Aster HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Bitget HOODUSDT
Variational Omni HOOD
Phemex HOODUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter HOOD | +0.0032% | 1h | 122.71 | −0.391% | $2.9M | $2.1M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0046% | 1h | 122.55 | −0.522% | — | $63K | 25x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.60 | −0.485% | $736 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.40 | −0.644% | $1.4M | $1.4M | 15x | as long as short |
| QFEX HOOD-USD | +0.0057% | 1h | 122.68 | −0.417% | $1.3M | $4.1M | 10x | as long as short |
| Extended HOOD_24_5-USD | +0.0072% | 1h | 122.67 | −0.422% | $415K | $1.2M | 10x | as long as short |
| Binance HOODUSDT | +0.0075% | 8h | 122.84 | −0.285% | $23.6M | $86.7M | 20x | as long as short |
| Coinbase International HOOD-PERP-INTXshort | +0.0080% | 1h | 122.26 | −0.758% | $189K | $1.8M | 10x | |
| Pacifica HOOD | +0.0100% | 1h | 123.02 | −0.141% | $80K | $103K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.78 | −0.335% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 123.21 | +0.014% | $5K | $128K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.46 | −0.595% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.32 | −0.708% | $16K | — | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0132% | 1h | 122.84 | −0.287% | $52.8M | $29.7M | 10x | as long as short |
| Arcus HOOD-USD | +0.0187% | 1h | 122.23 | −0.782% | $1.1M | $1.7M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0195% | 8h | 122.74 | −0.368% | $186K | $123K | 20x | as long as short |
| Injective HOOD/USDC PERP | +0.0258% | 1h | 123.07 | −0.100% | $63K | $50K | 30x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0322% | 1h | 122.36 | −0.676% | $8K | $81K | 10x | as long as short |
| Phoenix HOOD | +0.0388% | 1h | 123.26 | +0.054% | $28K | $188K | 10x | as long as short |
| edgeX HOODUSDC | +0.0949% | 4h | 123.20 | +0.008% | $371K | $308K | 10x | as long as short |
Lighter HOOD
Vest HOOD-USD-PERP
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
QFEX HOOD-USD
Extended HOOD_24_5-USD
Binance HOODUSDT
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
tradeXYZ xyz:HOOD
Arcus HOOD-USD
BloFin HOOD-USDT
Injective HOOD/USDC PERP
Deribit HOOD_USDC-PERPETUAL
Phoenix HOOD
edgeX HOODUSDC