Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.037%
Price spread now: Pacifica against GRVT−0.138%52s7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as 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−$390.391% of the position
Funding, last 7 days+0.124%+$12 on $10k
+Price spread, last 4 days (all we have)−0.105%−$11 · spread now −0.138%, 7d avg −0.048%
=Together, before fees+0.018%+ Points / potential airdropGRVT: Active · Pacifica: Active · farm board+$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. Pacifica is 0.089% cheaper against GRVT than usual: you would sell low and buy high (spread −0.138% now, against its 7-day average of −0.048%). If the spread goes back, that is −$9 on $10k: about 3.0 days of funding at the current rate (+$3 a day). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT HOOD_USDT_Perp | 122.83 | 0 | get 0.0000% / 8h | 7h 06m | $867K | $2.0M | 10x |
| Short | Pacifica HOOD | 122.66 | 0.0100 | get 0.0013% / 1h | 6m 22s | $71K | $108K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- $21
- Price spread: −0.138% → −0.048%
- −$8.94
- Slippage, 4 orders
- −$22.11
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$27.05
- Costs to cover
- 0.391%
- Break-even
- 16.0 days
Slippage from GRVT: live order book, 2 min ago; Pacifica: live order book, 1 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, 2 min ago | 0.41 bp | 10.9 bp −$11 | 31.0 bp −$310 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 1 min ago | 3.50 bp | 10.9 bp −$11 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HOODUSDT | 0.0000% | 8h | 122.74 | −0.074% | $107K | $268K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 122.64 | −0.152% | $364K | $1.4M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 122.68 | −0.119% | $21.8M | $89.3M | 20x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.69 | −0.111% | $2.9M | $5.9M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 122.66 | −0.135% | $376K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.69 | −0.111% | $575K | $7.9M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.75 | −0.062% | $5.5M | $9.5M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 122.79 | −0.026% | $2.3M | $1.1M | — | as long as short |
| GRVT HOOD_USDT_Perplong | 0.0000% | 8h | 122.83 | long leg | $867K | $2.0M | 10x | |
| Phemex HOODUSDT | 0.0000% | 8h | 122.75 | −0.062% | $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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit HOODUSDT | +0.0001% | 8h | 122.72 | −0.086% | $3.9M | $8.7M | 25x | as long as short |
| QFEX HOOD-USD | +0.0014% | 1h | 122.67 | −0.127% | $1.3M | $4.1M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0038% | 1h | 122.54 | −0.233% | — | $63K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 122.78 | −0.038% | $1.1M | $1.8M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 122.53 | −0.241% | $260K | $339K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.75 | −0.064% | $739 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.75 | −0.062% | $1.2M | $1.6M | 15x | as long as short |
| Lighter HOOD | +0.0064% | 1h | 122.70 | −0.105% | $2.9M | $2.1M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0096% | 1h | 122.34 | −0.396% | $202K | $1.9M | 10x | as long as short |
| Pacifica HOODshort | +0.0100% | 1h | 122.66 | −0.138% | $71K | $108K | 10x | |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.76 | −0.054% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.73 | −0.078% | $5K | $107K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.67 | −0.127% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.64 | −0.155% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 122.82 | −0.005% | $181K | $159K | 20x | as long as short |
| tradeXYZ xyz:HOOD | +0.0134% | 1h | 122.64 | −0.152% | $52.7M | $27.7M | 10x | as long as short |
| Phoenix HOOD | +0.0196% | 1h | 122.85 | +0.019% | $28K | $239K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0213% | 1h | 122.93 | +0.085% | $63K | $49K | 30x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0321% | 1h | 122.72 | −0.086% | $8K | $69K | 10x | as long as short |
| edgeX HOODUSDC | +0.0797% | 4h | 122.84 | +0.012% | $370K | $304K | 10x | as long as short |
GRVT HOOD_USDT_Perp
Pacifica HOOD
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Bitget HOODUSDT
Variational Omni HOOD
Phemex HOODUSDT
Bybit HOODUSDT
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Lighter HOOD
Coinbase International HOOD-PERP-INTX
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
BloFin HOOD-USDT
tradeXYZ xyz:HOOD
Phoenix HOOD
Injective HOOD/USDC PERP
Deribit HOOD_USDC-PERPETUAL
edgeX HOODUSDC