Funding you earn now, next payment 02:00 UTC−0.0186%/8h= −20.3% APRpaid last 24h −0.015%
Price spread now: Binance against Injective+0.461%87s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.323%+$32 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Binance is 0.461% dearer against Injective than usual: you sell high and buy low (spread +0.461% now, against zero (this spread has no 7-day history yet)): +$46 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 8.3 days. Mind the row above: over the last 7 days funding on this pair paid +0.323%, so the current rate has only just turned against you. The two prices were read 87 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 | 121.38 | 0.0186 | pay 0.0023% / 1h | 1m 50s | $58K | $57K | 30x |
| Short | Binance HOODUSDT | 121.94 | 0 | get 0.0000% / 8h | 6h 01m | $21.1M | $90.2M | 20x |
Injective HOOD/USDC PERP
Binance HOODUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Injective. 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
- −$38.98
- Price spread: +0.461% → 0.000%
- $46.14
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$2.86
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Binance: live order book, 11 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 Binance live order book, 11 min ago | 0.41 bp | 5.4 bp −$5 | 17.0 bp −$170 | 67.9 bp −$6,787 | 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 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 | −0.0124% | 1h | 121.81 | +0.354% | $253K | $344K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.97 | +0.486% | $107K | $274K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.91 | +0.438% | $360K | $1.3M | 10x | as long as short |
| Binance HOODUSDTshort | 0.0000% | 8h | 121.94 | +0.461% | $21.1M | $90.2M | 20x | |
| Bybit HOODUSDT | 0.0000% | 8h | 121.98 | +0.494% | $3.9M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.97 | +0.486% | $2.7M | $6.0M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.98 | +0.497% | $376K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 121.97 | +0.486% | $576K | $7.7M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 121.99 | +0.503% | $5.4M | $9.6M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.89 | +0.419% | $2.3M | $1.1M | — | as long as short |
Polymarket Perps HOOD-USD
Aster HOODUSDT
Extended HOOD_24_5-USD
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_Perp | 0.0000% | 8h | 121.94 | +0.459% | $862K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 122.03 | +0.536% | $998K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0025% | 1h | 121.78 | +0.330% | — | $63K | 25x | as long as short |
| QFEX HOOD-USD | +0.0034% | 1h | 121.93 | +0.453% | $1.3M | $3.9M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.89 | +0.420% | $1.1M | $1.7M | 10x | as long as short |
| Lighter HOOD | +0.0048% | 1h | 121.84 | +0.383% | $2.9M | $3.1M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.01 | +0.517% | $735 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.85 | +0.387% | $1.2M | $1.5M | 15x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0064% | 1h | 121.88 | +0.412% | $195K | $1.9M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0064% | 1h | 121.87 | +0.404% | $52.4M | $27.8M | 10x | as long as short |
| edgeX HOODUSDC | +0.0079% | 4h | 121.90 | +0.430% | $367K | $305K | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.00 | +0.512% | $68K | $110K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.95 | +0.470% | $1.3M | $1.2M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.79 | +0.338% | $5K | $88K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.00 | +0.511% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.99 | +0.505% | $16K | — | 10x | as long as short |
| Injective HOOD/USDC PERPlong | +0.0186% | 1h | 121.38 | long leg | $58K | $57K | 30x | |
| Phoenix HOOD | +0.0261% | 1h | 121.90 | +0.428% | $28K | $237K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0324% | 1h | 121.99 | +0.503% | $8K | $68K | 10x | as long as short |
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Vest HOOD-USD-PERP
QFEX HOOD-USD
Arcus HOOD-USD
Lighter HOOD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Coinbase International HOOD-PERP-INTX
tradeXYZ xyz:HOOD
edgeX HOODUSDC
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
Phoenix HOOD
Deribit HOOD_USDC-PERPETUAL