HOOD

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.010%

Price spread now: Binance against KuCoin+0.103%7-day average +0.031% · you sell dearer than you buy

Net, funding: paid 7d − costs−$191as in the Funding arb table

Net, price: spread back to 7d avg − costs−$192as in the Price arb table

costs, in and out, $10k−$1991.988% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.080%+$8 on $10k

Price spread, last 7 days−0.040%−$4 · spread now +0.103%, 7d avg +0.031%

Together, before fees+0.040%+$4 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.072% dearer against KuCoin than usual: you sell high and buy low (spread +0.103% now, against its 7-day average of +0.031%): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.4 days. Mind the row above: over the last 7 days funding on this pair paid +0.080%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin HOODUSDTM	120.67	0.0100	pay 0.0100% / 8h	49m 27s	$1.3M	$1.3M	20x
Short	Binance HOODUSDT	120.79	0	get 0.0000% / 8h	49m 27s	$20.8M	$92.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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 KuCoinbpFee BinancebpOrdersPrice spread, now +0.103%Rate

Funding earned: −$21
Price spread: +0.103% → +0.031%: $7.21
Slippage, 4 orders: −$176.8
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$212.59
Costs to cover: 1.988%
Break-even: never at this rate

Slippage from KuCoin: live order book, 6 min ago; Binance: live order book, 8 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 KuCoin live order book, 6 min ago	2.90 bp	145.0 bp −$145	511.4 bp −$5,114	doesn't fit	doesn't fit
Sell Binance live order book, 8 min ago	0.83 bp	8.1 bp −$8	15.9 bp −$159	56.4 bp −$5,638	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	120.38	−0.240%	$57K	$57K	30x	as long as short
Gate HOOD_USDT	−0.0175%	8h	120.76	+0.075%	$601K	$7.6M	50x	as long as short
Bitget HOODUSDT	−0.0104%	8h	120.83	+0.133%	$5.5M	$9.9M	20x	as long as short
Polymarket Perps HOOD-USD	−0.0030%	1h	120.65	−0.017%	$251K	$345K	10x	as long as short
Aster HOODUSDT	0.0000%	8h	120.78	+0.089%	$105K	$281K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	120.71	+0.030%	$356K	$2.2M	10x	as long as short
Binance HOODUSDTshort	0.0000%	8h	120.79	+0.103%	$20.8M	$92.0M	20x
Bybit HOODUSDT	0.0000%	8h	120.75	+0.066%	$3.7M	$8.8M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	120.83	+0.133%	$2.7M	$6.2M	20x	as long as short
Variational Omni HOOD	0.0000%	8h	120.66	−0.007%	$2.2M	$1.0M	—	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT HOOD_USDT_Perp	0.0000%	8h	120.67	0.000%	$852K	$2.0M	10x	as long as short
Phemex HOODUSDT	0.0000%	8h	120.71	+0.033%	$988K	$8K	10x	as long as short
edgeX HOODUSDC	+0.0006%	4h	120.70	+0.025%	$363K	$304K	10x	as long as short
Vest HOOD-USD-PERP	+0.0019%	1h	120.54	−0.108%	—	$63K	25x	as long as short
Lighter HOOD	+0.0032%	1h	120.69	+0.016%	$2.8M	$3.2M	10x	as long as short
Arcus HOOD-USD	+0.0040%	1h	120.59	−0.066%	$1.1M	$1.7M	10x	as long as short
QFEX HOOD-USD	+0.0046%	1h	120.69	+0.017%	$1.3M	$2.9M	10x	as long as short
tradeXYZ xyz:HOOD	+0.0050%	1h	120.70	+0.025%	$51.2M	$27.0M	10x	as long as short
SoDEX HOOD-USD	+0.0050%	1h	120.67	−0.001%	$723	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	120.55	−0.099%	$1.2M	$1.4M	15x	as long as short
Pacifica HOOD	+0.0100%	1h	120.72	+0.041%	$74K	$111K	10x	as long as short
KuCoin HOODUSDTMlong	+0.0100%	8h	120.67	long leg	$1.3M	$1.3M	20x
ApeX Omni HOODUSDT	+0.0100%	1h	120.58	−0.075%	$5K	$41K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	120.75	+0.066%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	120.77	+0.080%	$16K	—	10x	as long as short
BloFin HOOD-USDT	+0.0120%	8h	120.74	+0.058%	$174K	$165K	20x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0192%	1h	120.67	0.000%	$197K	$1.8M	10x	as long as short
Phoenix HOOD	+0.0265%	1h	120.65	−0.017%	$28K	$238K	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	+0.0330%	1h	120.69	+0.017%	$6K	$52K	10x	as long as short
RISEx HOOD/USDC	+0.0479%	1h	120.77	+0.079%	$397K	$1.4M	10x	as long as short