Funding you earn now, next payment 02:00 UTC+0.0077%/8h= +8.4% APRpaid last 24h +0.038%
Price spread now: tradeXYZ against GRVT+0.200%106s7-day average −0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as 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−$530.532% of the position
Funding, last 7 days+0.079%+$8 on $10k
+Price spread, last 7 days−0.237%−$24 · spread now +0.200%, 7d avg −0.079%
=Together, before fees−0.158%+ Points / potential airdropGRVT: Active · tradeXYZ: Active · farm board−$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.278% dearer against GRVT than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of −0.079%. The two prices were read 106 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 | 121.45 | 0 | get 0.0000% / 8h | 6h 33m | $853K | $2.0M | 10x |
| Short | tradeXYZ xyz:HOOD | 121.69 | 0.0077 | get 0.0010% / 1h | 33m 53s | $52.5M | $28.0M | 10x |
GRVT HOOD_USDT_Perp
tradeXYZ xyz:HOODFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $16.12
- Price spread: +0.200% → −0.079%
- $27.84
- Slippage, 4 orders
- −$26.18
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$9.22
- Costs to cover
- 0.532%
- Break-even
- 11.0 days
Slippage from GRVT: live order book, 5 min ago; tradeXYZ: 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, 5 min ago | 0.41 bp | 14.0 bp −$14 | 33.1 bp −$331 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 4 min ago | 1.23 bp | 11.6 bp −$12 | 14.1 bp −$141 | doesn't fit | doesn't fit |
HOOD on 29 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 | −0.0119% | 1h | 121.52 | +0.060% | $252K | $344K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.73 | +0.233% | $107K | $273K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.73 | +0.235% | $358K | $1.4M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.74 | +0.241% | $21.1M | $90.8M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.77 | +0.266% | $3.9M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.76 | +0.257% | $2.8M | $5.9M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.72 | +0.220% | $374K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 121.78 | +0.274% | $575K | $7.7M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 121.82 | +0.307% | $5.4M | $9.6M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.75 | +0.246% | $2.3M | $1.1M | — | as long as short |
Polymarket Perps HOOD-USD
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Bitget HOODUSDT
Variational Omni HOODShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT HOOD_USDT_Perplong | 0.0000% | 8h | 121.45 | long leg | $853K | $2.0M | 10x | |
| Phemex HOODUSDT | 0.0000% | 8h | 121.74 | +0.241% | $996K | $8K | 10x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 121.73 | +0.229% | $2.9M | $3.0M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0033% | 1h | 121.51 | +0.052% | — | $63K | 25x | as long as short |
| QFEX HOOD-USD | +0.0034% | 1h | 121.66 | +0.175% | $1.3M | $4.0M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.63 | +0.150% | $1.1M | $1.7M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.70 | +0.212% | $733 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.60 | +0.126% | $1.2M | $1.6M | 15x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0064% | 1h | 121.42 | −0.022% | $196K | $1.9M | 10x | as long as short |
| tradeXYZ xyz:HOODshort | +0.0077% | 1h | 121.69 | +0.200% | $52.5M | $28.0M | 10x | |
| Pacifica HOOD | +0.0100% | 1h | 121.74 | +0.241% | $68K | $111K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.68 | +0.192% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.55 | +0.085% | $5K | $92K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.69 | +0.200% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.69 | +0.200% | $16K | — | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0186% | 1h | 121.38 | −0.055% | $58K | $57K | 30x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0243% | 1h | 121.71 | +0.216% | $7K | $68K | 10x | as long as short |
| Phoenix HOOD | +0.0261% | 1h | 121.63 | +0.150% | $28K | $237K | 10x | as long as short |
| edgeX HOODUSDC | +0.0374% | 4h | 121.36 | −0.073% | $365K | $304K | 10x | as long as short |
Phemex HOODUSDT
Lighter HOOD
Vest HOOD-USD-PERP
QFEX HOOD-USD
Arcus HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Coinbase International HOOD-PERP-INTX
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
Injective HOOD/USDC PERP
Deribit HOOD_USDC-PERPETUAL
Phoenix HOOD
edgeX HOODUSDC