HOOD

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0071%/8h= −7.7% APRnext payment −$0.09 per $10,000 · paid last 24h +0.023%

Price spread now: Arcus against Injective−0.162%101s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Arcus is 0.162% cheaper against Injective than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 101 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	Injective HOOD/USDC PERP	123.34	0.0258	pay 0.0032% / 1h	17m 34s	$63K	$50K	30x
Short	Arcus HOOD-USD	123.14	0.0187	get 0.0023% / 1h	17m 34s	$1.1M	$1.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Injective. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee ArcusbpOrdersPrice spread, now −0.162%Rate

Funding earned: −$14.83
Price spread: −0.162% → 0.000%: −$16.22
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$35.56
Costs to cover: 0.045%
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; Arcus: live order book, 1 min ago. Net counts fees only.

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 Injective no order-book sample	—	—	—	—	—
Sell Arcus live order book, 1 min ago	1.22 bp	6.1 bp −$6	6.7 bp −$67	doesn't fit	doesn't fit

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0092%	1h	123.07	−0.219%	$263K	$322K	10x	as long as short
Aster HOODUSDT	0.0000%	8h	123.26	−0.063%	$109K	$262K	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	123.20	−0.114%	$3.9M	$8.7M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	123.20	−0.114%	$3.0M	$5.7M	20x	as long as short
RISEx HOOD/USDC	0.0000%	1h	123.22	−0.098%	$401K	$1.4M	10x	as long as short
Gate HOOD_USDT	0.0000%	8h	123.24	−0.081%	$562K	$7.8M	50x	as long as short
Bitget HOODUSDT	0.0000%	8h	123.22	−0.097%	$5.6M	$9.1M	20x	as long as short
Variational Omni HOOD	0.0000%	8h	123.33	−0.004%	$2.4M	$1.0M	—	as long as short
Phemex HOODUSDT	0.0000%	8h	123.23	−0.089%	$1.0M	$8K	10x	as long as short
GRVT HOOD_USDT_Perp	+0.0004%	8h	123.26	−0.064%	$867K	$2.1M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter HOOD	+0.0032%	1h	123.15	−0.155%	$2.9M	$2.1M	10x	as long as short
Vest HOOD-USD-PERP	+0.0046%	1h	123.10	−0.195%	—	$63K	25x	as long as short
SoDEX HOOD-USD	+0.0050%	1h	123.25	−0.073%	$740	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	123.10	−0.195%	$1.4M	$1.3M	15x	as long as short
QFEX HOOD-USD	+0.0057%	1h	123.22	−0.097%	$1.3M	$4.1M	10x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0080%	1h	123.01	−0.268%	$190K	$1.8M	10x	as long as short
Binance HOODUSDT	+0.0082%	8h	123.22	−0.093%	$23.7M	$83.9M	20x	as long as short
Extended HOOD_24_5-USD	+0.0088%	1h	123.21	−0.103%	$417K	$1.2M	10x	as long as short
Pacifica HOOD	+0.0100%	1h	123.17	−0.137%	$80K	$103K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	123.27	−0.057%	$1.3M	$1.1M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	123.26	−0.065%	$5K	$132K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	123.27	−0.057%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	123.25	−0.074%	$16K	—	10x	as long as short
edgeX HOODUSDC	+0.0140%	4h	123.33	−0.006%	$371K	$307K	10x	as long as short
tradeXYZ xyz:HOOD	+0.0141%	1h	123.21	−0.105%	$53.0M	$29.5M	10x	as long as short
Arcus HOOD-USDshort	+0.0187%	1h	123.14	−0.162%	$1.1M	$1.7M	10x
BloFin HOOD-USDT	+0.0208%	8h	123.30	−0.032%	$187K	$123K	20x	as long as short
Injective HOOD/USDC PERPlong	+0.0258%	1h	123.34	long leg	$63K	$50K	30x
Phoenix HOOD	+0.0388%	1h	123.31	−0.024%	$28K	$188K	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	+0.0399%	1h	123.27	−0.057%	$6K	$80K	10x	as long as short