Funding you earn now, next payment 06:00 UTC−0.0019%/8h= −2.1% APRpaid last 24h +0.078%
Price spread now: Deribit against KuCoin+0.041%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 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
The price spread pays, funding is against you. Deribit is 0.041% dearer against KuCoin than usual: you sell high and buy low (spread +0.041% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin HOODUSDTM | 121.02 | 0.0100 | pay 0.0100% / 8h | 2h 47m | $1.3M | $1.3M | 20x |
| Short | Deribit HOOD_USDC-PERPETUAL | 121.07 | 0.0080 | get 0.0010% / 1h | 47m 31s | $6K | $55K | 10x |
KuCoin HOODUSDTM
Deribit HOOD_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$4.09
- Price spread: +0.041% → 0.000%
- $4.13
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$18.96
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 3 min ago; Deribit: no order-book sample. 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 KuCoin live order book, 3 min ago | 3.31 bp | 95.2 bp −$95 | 481.2 bp −$4,812 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective HOOD/USDC PERP | −0.0440% | 1h | 120.64 | −0.314% | $57K | $57K | 30x | as long as short |
| Bitget HOODUSDT | −0.0173% | 8h | 121.09 | +0.058% | $5.4M | $9.8M | 20x | as long as short |
| Gate HOOD_USDT | −0.0155% | 8h | 121.08 | +0.050% | $582K | $7.6M | 50x | as long as short |
| Polymarket Perps HOOD-USD | −0.0036% | 1h | 120.91 | −0.091% | $251K | $344K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.04 | +0.016% | $106K | $280K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.01 | −0.011% | $358K | $1.4M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.04 | +0.017% | $20.7M | $91.5M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.03 | +0.008% | $3.8M | $8.9M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.07 | +0.041% | $2.7M | $6.1M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.00 | −0.017% | $2.3M | $1.1M | — | as long as short |
Injective HOOD/USDC PERP
Bitget HOODUSDT
Gate HOOD_USDT
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 | 120.99 | −0.025% | $849K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.10 | +0.066% | $991K | $9K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0012% | 1h | 120.81 | −0.174% | — | $63K | 25x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 121.04 | +0.013% | $2.8M | $3.2M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.96 | −0.050% | $1.1M | $1.7M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 120.97 | −0.041% | $51.2M | $28.3M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.09 | +0.058% | $725 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.94 | −0.066% | $1.2M | $1.5M | 15x | as long as short |
| QFEX HOOD-USD | +0.0053% | 1h | 121.02 | 0.000% | $1.3M | $3.1M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUALshort | +0.0080% | 1h | 121.07 | +0.041% | $6K | $55K | 10x | |
| Pacifica HOOD | +0.0100% | 1h | 121.02 | −0.001% | $67K | $107K | 10x | as long as short |
| KuCoin HOODUSDTMlong | +0.0100% | 8h | 121.02 | long leg | $1.3M | $1.3M | 20x | |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.93 | −0.074% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.07 | +0.041% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.09 | +0.057% | $16K | — | 10x | as long as short |
| RISEx HOOD/USDC | +0.0109% | 1h | 121.10 | +0.066% | $389K | $1.4M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 121.07 | +0.041% | $175K | $162K | 20x | as long as short |
| Phoenix HOOD | +0.0132% | 1h | 120.90 | −0.099% | $28K | $238K | 10x | as long as short |
| edgeX HOODUSDC | +0.0147% | 4h | 121.01 | −0.010% | $364K | $305K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0184% | 1h | 120.77 | −0.207% | $193K | $1.8M | 10x | as long as short |
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Vest HOOD-USD-PERP
Lighter HOOD
Arcus HOOD-USD
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
QFEX HOOD-USD
Pacifica HOOD
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
RISEx HOOD/USDC
BloFin HOOD-USDT
Phoenix HOOD
edgeX HOODUSDC
Coinbase International HOOD-PERP-INTX