Funding you earn now, next payment 07:00 UTC+0.0092%/8h= +10.1% APRpaid last 24h +0.016%
Price spread now: Coinbase International against KuCoin0.000%7-day average −0.139% · you sell dearer than you buy
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1261.256% of the position
Funding, last 7 days+0.121%+$12 on $10k
+Price spread, last 4 days (all we have)−0.003%$0 · spread now 0.000%, 7d avg −0.139%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.139% dearer against KuCoin than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.139%.
| 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 | 58m 13s | $1.3M | $1.3M | 20x |
| Short | Coinbase International HOOD-PERP-INTX | 120.67 | 0.0192 | get 0.0024% / 1h | 58m 13s | $197K | $1.8M | 10x |
KuCoin HOODUSDTM
Coinbase International HOOD-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $19.32
- Price spread: 0.000% → −0.139%
- $13.94
- Slippage, 4 orders
- −$103.64
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$92.37
- Costs to cover
- 1.256%
- Break-even
- 40.5 days
Slippage from KuCoin: live order book, 7 min ago; Coinbase International: live order book, 5 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, 7 min ago | 2.48 bp | 77.9 bp −$78 | 491.4 bp −$4,914 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 5 min ago | 2.90 bp | 8.4 bp −$8 | 16.0 bp −$160 | doesn't fit | 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 | 120.61 | −0.050% | $57K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0172% | 8h | 120.73 | +0.050% | $601K | $7.6M | 50x | as long as short |
| Bitget HOODUSDT | −0.0100% | 8h | 120.77 | +0.083% | $5.5M | $10.0M | 20x | as long as short |
| Polymarket Perps HOOD-USD | −0.0017% | 1h | 120.52 | −0.124% | $251K | $345K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.70 | +0.025% | $105K | $281K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.68 | +0.007% | $356K | $1.9M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 120.71 | +0.035% | $20.8M | $92.2M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 120.68 | +0.008% | $3.7M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.69 | +0.017% | $2.7M | $6.2M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 120.60 | −0.055% | $2.3M | $1.0M | — | as long as short |
Injective HOOD/USDC PERP
Gate HOOD_USDT
Bitget HOODUSDT
Polymarket Perps HOOD-USD
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Variational Omni HOODShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 120.64 | −0.026% | $849K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 120.73 | +0.050% | $988K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0019% | 1h | 120.52 | −0.124% | — | $63K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.61 | −0.050% | $1.1M | $1.7M | 10x | as long as short |
| QFEX HOOD-USD | +0.0046% | 1h | 120.71 | +0.033% | $1.3M | $2.9M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 120.67 | 0.000% | $51.3M | $26.9M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.69 | +0.019% | $723 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.59 | −0.066% | $1.2M | $1.4M | 15x | as long as short |
| Lighter HOOD | +0.0056% | 1h | 120.69 | +0.021% | $2.8M | $3.1M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.67 | +0.001% | $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 | 120.63 | −0.033% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.68 | +0.008% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.67 | +0.001% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.66 | −0.008% | $173K | $165K | 20x | as long as short |
| Coinbase International HOOD-PERP-INTXshort | +0.0192% | 1h | 120.67 | 0.000% | $197K | $1.8M | 10x | |
| Phoenix HOOD | +0.0198% | 1h | 120.76 | +0.075% | $28K | $238K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0247% | 1h | 120.69 | +0.017% | $6K | $52K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0479% | 1h | 120.77 | +0.081% | $397K | $1.4M | 10x | as long as short |
| edgeX HOODUSDC | +0.0571% | 4h | 120.69 | +0.014% | $363K | $305K | 10x | as long as short |
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Vest HOOD-USD-PERP
Arcus HOOD-USD
QFEX HOOD-USD
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Lighter HOOD
Pacifica HOOD
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
BloFin HOOD-USDT
Phoenix HOOD
Deribit HOOD_USDC-PERPETUAL
RISEx HOOD/USDC
edgeX HOODUSDC