Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: OKX against KuCoin−0.041%7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs−$165as in the Price arb table
costs, in and out, $10k−$1581.584% of the position
Funding, last 7 days+0.076%+$8 on $10k
+Price spread, last 7 days+0.056%+$6 · spread now −0.041%, 7d avg +0.028%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and OKX is 0.070% cheaper against KuCoin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.028%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.076%, 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 | 120.71 | 0.0100 | pay 0.0100% / 8h | 1h 39m | $1.3M | $1.3M | 20x |
| Short | OKX HOOD-USDT-SWAP | 120.66 | 0 | get 0.0000% / 8h | 1h 39m | $2.7M | $6.1M | 20x |
KuCoin HOODUSDTM
OKX HOOD-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.041% → +0.028%
- −$6.96
- Slippage, 4 orders
- −$136.36
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$186.32
- Costs to cover
- 1.584%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; OKX: live order book, 3 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, 5 min ago | 2.48 bp | 96.0 bp −$96 | 492.2 bp −$4,922 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 2.90 bp | 12.1 bp −$12 | 26.6 bp −$266 | 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 | −0.0392% | 1h | 120.80 | +0.075% | $58K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0176% | 8h | 120.68 | −0.025% | $599K | $7.7M | 50x | as long as short |
| Bitget HOODUSDT | −0.0121% | 8h | 120.73 | +0.017% | $5.4M | $10.0M | 20x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.69 | −0.017% | $105K | $281K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.62 | −0.074% | $356K | $1.3M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 120.65 | −0.050% | $20.8M | $92.2M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 120.65 | −0.050% | $3.7M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAPshort | 0.0000% | 8h | 120.66 | −0.041% | $2.7M | $6.1M | 20x | |
| Variational Omni HOOD | 0.0000% | 8h | 120.71 | −0.001% | $2.3M | $1.0M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 120.80 | +0.071% | $853K | $2.0M | 10x | as long as short |
Injective HOOD/USDC PERP
Gate HOOD_USDT
Bitget HOODUSDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
Variational Omni HOOD
GRVT HOOD_USDT_PerpShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex HOODUSDT | 0.0000% | 8h | 120.68 | −0.025% | $987K | $9K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0016% | 1h | 120.47 | −0.199% | — | $63K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.63 | −0.066% | $1.1M | $1.7M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 120.51 | −0.166% | $250K | $344K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.64 | −0.062% | $720 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.58 | −0.108% | $1.2M | $1.4M | 15x | as long as short |
| QFEX HOOD-USD | +0.0062% | 1h | 120.69 | −0.017% | $1.3M | $3.0M | 10x | as long as short |
| Lighter HOOD | +0.0088% | 1h | 120.64 | −0.057% | $2.8M | $3.2M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.64 | −0.061% | $67K | $106K | 10x | as long as short |
| KuCoin HOODUSDTMlong | +0.0100% | 8h | 120.71 | long leg | $1.3M | $1.3M | 20x | |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.70 | −0.008% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.66 | −0.041% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.64 | −0.060% | $16K | — | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0117% | 1h | 120.59 | −0.099% | $51.3M | $27.8M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.75 | +0.033% | $175K | $160K | 20x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0165% | 1h | 120.66 | −0.041% | $6K | $52K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0184% | 1h | 120.60 | −0.091% | $196K | $1.8M | 10x | as long as short |
| Phoenix HOOD | +0.0198% | 1h | 120.79 | +0.066% | $28K | $238K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0365% | 1h | 120.72 | +0.008% | $374K | $1.4M | 10x | as long as short |
| edgeX HOODUSDC | +0.0510% | 4h | 120.75 | +0.036% | $363K | $305K | 10x | as long as short |
Phemex HOODUSDT
Vest HOOD-USD-PERP
Arcus HOOD-USD
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
QFEX HOOD-USD
Lighter HOOD
Pacifica HOOD
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
tradeXYZ xyz:HOOD
BloFin HOOD-USDT
Deribit HOOD_USDC-PERPETUAL
Coinbase International HOOD-PERP-INTX
Phoenix HOOD
RISEx HOOD/USDC
edgeX HOODUSDC