Funding you earn now, next payment 04:00 UTC+0.0453%/8h= +49.6% APRpaid last 24h +0.114%
Price spread now: edgeX against KuCoin−0.097%113s7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1561.563% of the position
Funding, last 7 days+0.316%+$32 on $10k
+Price spread, last 4 days (all we have)+0.257%+$26 · spread now −0.097%, 7d avg +0.032%
=Together, before fees+0.572%+ Points / potential airdropedgeX: Active · farm board+$57 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.129% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.097% now, against its 7-day average of +0.032%). If the spread goes back, that is −$13 on $10k: about 23 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.316% in total) that is about 2.9 days. The two prices were read 113 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.316% in total (about 16.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin HOODUSDTM | 121.75 | 0.0100 | pay 0.0100% / 8h | 5h 01m | $1.3M | $1.2M | 20x |
| Short | edgeX HOODUSDC | 121.63 | 0.0553 | get 0.0276% / 4h | 1h 01m | $366K | $305K | 10x |
KuCoin HOODUSDTM
edgeX HOODUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $95.13
- Price spread: −0.097% → +0.032%
- −$12.94
- Slippage, 4 orders
- −$135.31
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$74.12
- Costs to cover
- 1.563%
- Break-even
- 12.5 days
Slippage from KuCoin: live order book, 4 min ago; edgeX: live order book, 62 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, 4 min ago | 3.29 bp | 94.5 bp −$94 | 423.3 bp −$4,233 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 62 min ago | 6.15 bp | 11.5 bp −$11 | 20.7 bp −$207 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps HOOD-USD | −0.0107% | 1h | 121.48 | −0.222% | $252K | $344K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.69 | −0.046% | $106K | $279K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.70 | −0.043% | $358K | $1.3M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.73 | −0.016% | $21.1M | $90.6M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.70 | −0.041% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.68 | −0.057% | $2.7M | $6.1M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.73 | −0.016% | $399K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 121.73 | −0.016% | $579K | $7.8M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 121.73 | −0.016% | $5.4M | $9.6M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.63 | −0.098% | $2.3M | $1.1M | — | as long as short |
Polymarket Perps HOOD-USD
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Bitget HOODUSDT
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 | 121.65 | −0.080% | $852K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.68 | −0.057% | $995K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0024% | 1h | 121.55 | −0.164% | — | $62K | 25x | as long as short |
| QFEX HOOD-USD | +0.0024% | 1h | 121.68 | −0.057% | $1.3M | $3.7M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.64 | −0.090% | $1.1M | $1.7M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.66 | −0.074% | $51.9M | $28.1M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.65 | −0.080% | $733 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.50 | −0.205% | $1.2M | $1.5M | 15x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0056% | 1h | 121.54 | −0.172% | $194K | $1.9M | 10x | as long as short |
| Lighter HOOD | +0.0096% | 1h | 121.71 | −0.030% | $2.8M | $3.1M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.67 | −0.063% | $68K | $105K | 10x | as long as short |
| KuCoin HOODUSDTMlong | +0.0100% | 8h | 121.75 | long leg | $1.3M | $1.2M | 20x | |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.64 | −0.090% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.67 | −0.066% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.65 | −0.081% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 121.70 | −0.041% | $175K | $162K | 20x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0161% | 1h | 121.69 | −0.049% | $7K | $68K | 10x | as long as short |
| Phoenix HOOD | +0.0197% | 1h | 121.73 | −0.016% | $28K | $239K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0345% | 1h | 121.36 | −0.320% | $58K | $57K | 30x | as long as short |
| edgeX HOODUSDCshort | +0.0553% | 4h | 121.63 | −0.097% | $366K | $305K | 10x |
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Vest HOOD-USD-PERP
QFEX HOOD-USD
Arcus HOOD-USD
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Coinbase International HOOD-PERP-INTX
Lighter HOOD
Pacifica HOOD
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
BloFin HOOD-USDT
Deribit HOOD_USDC-PERPETUAL
Phoenix HOOD
Injective HOOD/USDC PERP