Funding you earn now, next payment 08:00 UTC+0.0560%/8h= +61.3% APRpaid last 24h +0.134%
Price spread now: edgeX against GRVT−0.008%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$9as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$390.394% of the position
Funding, last 7 days+0.301%+$30 on $10k
+Price spread, last 4 days (all we have)+0.010%+$1 · spread now −0.008%, 7d avg −0.001%
=Together, before fees+0.311%+ Points / potential airdropGRVT: Active · edgeX: Active · farm board+$31 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.001%, so right now this pair is about funding alone: +$17 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 0.301% in total (about 15.7% 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 | GRVT HOOD_USDT_Perp | 121.50 | 0 | get 0.0000% / 8h | 3h 48m | $850K | $2.0M | 10x |
| Short | edgeX HOODUSDC | 121.49 | 0.0560 | get 0.0280% / 4h | 3h 48m | $366K | $304K | 10x |
GRVT HOOD_USDT_Perp
edgeX HOODUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $117.54
- Price spread: −0.008% → −0.001%
- −$0.75
- Slippage, 4 orders
- −$21.43
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $77.36
- Costs to cover
- 0.394%
- Break-even
- 2.4 days
Slippage from GRVT: live order book, 5 min ago; edgeX: live order book, 5 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 | 0.41 bp | 9.4 bp −$9 | 17.9 bp −$179 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 5 min ago | 5.76 bp | 10.8 bp −$11 | 20.1 bp −$201 | 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 | 121.21 | −0.239% | $58K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0094% | 8h | 121.28 | −0.181% | $574K | $7.7M | 50x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.15 | −0.287% | $106K | $280K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.19 | −0.259% | $357K | $1.4M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.30 | −0.165% | $20.8M | $91.1M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.33 | −0.140% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.29 | −0.173% | $2.7M | $6.0M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.26 | −0.201% | $389K | $1.4M | 10x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 121.36 | −0.115% | $5.4M | $9.6M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.29 | −0.170% | $2.3M | $1.1M | — | as long as short |
Injective HOOD/USDC PERP
Gate HOOD_USDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Bitget HOODUSDT
Variational Omni HOODShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT HOOD_USDT_Perplong | 0.0000% | 8h | 121.50 | long leg | $850K | $2.0M | 10x | |
| Phemex HOODUSDT | 0.0000% | 8h | 121.20 | −0.247% | $991K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0016% | 1h | 121.04 | −0.379% | — | $63K | 25x | as long as short |
| QFEX HOOD-USD | +0.0022% | 1h | 121.17 | −0.272% | $1.3M | $3.5M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0034% | 1h | 121.11 | −0.321% | $251K | $344K | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.22 | −0.230% | $1.1M | $1.7M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.09 | −0.337% | $51.5M | $28.3M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.13 | −0.301% | $731 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.15 | −0.288% | $1.2M | $1.5M | 15x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.16 | −0.277% | $68K | $109K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.20 | −0.247% | $1.3M | $1.2M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.41 | −0.074% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.17 | −0.272% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.14 | −0.299% | $16K | — | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0120% | 1h | 121.10 | −0.329% | $193K | $1.9M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 121.24 | −0.214% | $174K | $160K | 20x | as long as short |
| Phoenix HOOD | +0.0132% | 1h | 121.24 | −0.214% | $27K | $238K | 10x | as long as short |
| Lighter HOOD | +0.0216% | 1h | 121.16 | −0.282% | $2.8M | $3.1M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0246% | 1h | 121.15 | −0.288% | $6K | $57K | 10x | as long as short |
| edgeX HOODUSDCshort | +0.0560% | 4h | 121.49 | −0.008% | $366K | $304K | 10x |
Phemex HOODUSDT
Vest HOOD-USD-PERP
QFEX HOOD-USD
Polymarket Perps HOOD-USD
Arcus HOOD-USD
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
Coinbase International HOOD-PERP-INTX
BloFin HOOD-USDT
Phoenix HOOD
Lighter HOOD
Deribit HOOD_USDC-PERPETUAL