Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h +0.009%
Price spread now: Bitget against KuCoin+0.033%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$169as in the Funding arb table
Net, price: spread back to 7d avg − costs−$170as in the Price arb table
costs, in and out, $10k−$1681.685% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 7 days−0.006%−$1 · spread now +0.033%, 7d avg +0.048%
=The price spread sits at its 7-day average of +0.048%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin HOODUSDTM | 122.88 | 0.0100 | pay 0.0100% / 8h | 19m 15s | $1.3M | $1.1M | 20x |
| Short | Bitget HOODUSDT | 122.92 | 0 | get 0.0000% / 8h | 19m 15s | $5.5M | $9.6M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against KuCoin. 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: +0.033% → +0.048%
- −$1.57
- Slippage, 4 orders
- −$144.48
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$191.06
- Costs to cover
- 1.685%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 6 min ago; Bitget: 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 KuCoin live order book, 6 min ago | 2.04 bp | 118.6 bp −$119 | 347.1 bp −$3,471 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 1.63 bp | 12.1 bp −$12 | 23.1 bp −$231 | 123.8 bp −$12.4K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps HOOD-USD | −0.0034% | 1h | 122.75 | −0.106% | $270K | $332K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 122.91 | +0.022% | $109K | $263K | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 122.91 | +0.024% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.89 | +0.008% | $2.9M | $5.9M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 122.88 | −0.002% | $384K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.89 | +0.008% | $567K | $7.8M | 50x | as long as short |
| Bitget HOODUSDTshort | 0.0000% | 8h | 122.92 | +0.033% | $5.5M | $9.6M | 20x | |
| Variational Omni HOOD | 0.0000% | 8h | 122.84 | −0.034% | $2.4M | $1.1M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 122.90 | +0.015% | $868K | $2.0M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 122.92 | +0.033% | $8K | $70K | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex HOODUSDT | 0.0000% | 8h | 122.90 | +0.016% | $1.0M | $8K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0008% | 1h | 122.89 | +0.008% | $63K | $50K | 30x | as long as short |
| Extended HOOD_24_5-USD | +0.0008% | 1h | 122.88 | +0.003% | $411K | $1.1M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0008% | 1h | 122.84 | −0.033% | $199K | $1.9M | 10x | as long as short |
| Binance HOODUSDT | +0.0010% | 8h | 122.91 | +0.021% | $22.0M | $88.6M | 20x | as long as short |
| QFEX HOOD-USD | +0.0027% | 1h | 122.88 | 0.000% | $1.3M | $4.3M | 10x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 122.87 | −0.007% | $2.9M | $2.2M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 122.81 | −0.057% | $1.1M | $1.7M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0043% | 1h | 122.80 | −0.065% | — | $63K | 25x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.88 | +0.002% | $738 | $4K | 10x | as long as short |
| BloFin HOOD-USDT | +0.0050% | 8h | 122.94 | +0.049% | $183K | $126K | 20x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.84 | −0.033% | $1.2M | $1.7M | 15x | as long as short |
| tradeXYZ xyz:HOOD | +0.0061% | 1h | 122.89 | +0.008% | $52.7M | $29.7M | 10x | as long as short |
| edgeX HOODUSDC | +0.0083% | 4h | 122.89 | +0.010% | $370K | $308K | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.86 | −0.015% | $71K | $114K | 10x | as long as short |
| KuCoin HOODUSDTMlong | +0.0100% | 8h | 122.88 | long leg | $1.3M | $1.1M | 20x | |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.84 | −0.033% | $5K | $132K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.90 | +0.016% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.89 | +0.010% | $16K | — | 10x | as long as short |
| Phoenix HOOD | +0.0196% | 1h | 122.95 | +0.057% | $28K | $239K | 10x | as long as short |
KuCoin HOODUSDTM
Bitget HOODUSDT
Polymarket Perps HOOD-USD
Aster HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Deribit HOOD_USDC-PERPETUAL
Phemex HOODUSDT
Injective HOOD/USDC PERP
Extended HOOD_24_5-USD
Coinbase International HOOD-PERP-INTX
Binance HOODUSDT
Lighter HOOD
SoDEX HOOD-USD
BloFin HOOD-USDT
tradeXYZ xyz:HOOD
edgeX HOODUSDC
Pacifica HOOD
ApeX Omni HOODUSDT
Phoenix HOOD