Funding you earn now, next payment 07:00 UTC−0.0038%/8h= −4.1% APRpaid last 24h −0.016%
Price spread now: QFEX against KuCoin−0.099%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1071.073% of the position
Funding, last 4 days (all we have)+0.033%+$3 on $10k
+Price spread, last 7 days+0.083%+$8 · spread now −0.099%, 7d avg −0.021%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and QFEX is 0.078% cheaper against KuCoin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.021%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin HOODUSDTM | 121.03 | 0.0100 | pay 0.0100% / 8h | 1h 52m | $1.3M | $1.3M | 20x |
| Short | QFEX HOOD-USD | 120.91 | 0.0062 | get 0.0008% / 1h | 52m 42s | $1.3M | $3.0M | 10x |
KuCoin HOODUSDTM
QFEX HOOD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$7.91
- Price spread: −0.099% → −0.021%
- −$7.8
- Slippage, 4 orders
- −$85.32
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$123.03
- Costs to cover
- 1.073%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; QFEX: 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, 2 min ago | 2.89 bp | 55.9 bp −$56 | 470.2 bp −$4,702 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 5 min ago | 1.65 bp | 6.7 bp −$7 | 7.6 bp −$76 | 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 | −0.190% | $58K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0169% | 8h | 121.00 | −0.025% | $601K | $7.7M | 50x | as long as short |
| Bitget HOODUSDT | −0.0081% | 8h | 121.01 | −0.017% | $5.4M | $9.9M | 20x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.99 | −0.034% | $106K | $281K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.94 | −0.077% | $357K | $1.3M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 120.97 | −0.050% | $20.9M | $92.3M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 120.96 | −0.058% | $3.7M | $8.9M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.97 | −0.050% | $2.7M | $6.1M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 120.95 | −0.063% | $2.3M | $1.0M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 120.96 | −0.058% | $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
OKX HOOD-USDT-SWAP
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 | 120.96 | −0.058% | $990K | $9K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0014% | 1h | 120.74 | −0.240% | — | $63K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.90 | −0.107% | $1.1M | $1.7M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 120.78 | −0.207% | $251K | $344K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.92 | −0.095% | $722 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.81 | −0.182% | $1.2M | $1.4M | 15x | as long as short |
| QFEX HOOD-USDshort | +0.0062% | 1h | 120.91 | −0.099% | $1.3M | $3.0M | 10x | |
| Pacifica HOOD | +0.0100% | 1h | 120.95 | −0.067% | $67K | $105K | 10x | as long as short |
| KuCoin HOODUSDTMlong | +0.0100% | 8h | 121.03 | long leg | $1.3M | $1.3M | 20x | |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.98 | −0.041% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.96 | −0.058% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.94 | −0.072% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.97 | −0.050% | $174K | $158K | 20x | as long as short |
| Lighter HOOD | +0.0168% | 1h | 120.94 | −0.074% | $2.8M | $3.2M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0184% | 1h | 120.93 | −0.083% | $197K | $1.8M | 10x | as long as short |
| Phoenix HOOD | +0.0198% | 1h | 120.99 | −0.033% | $28K | $238K | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0231% | 1h | 120.92 | −0.091% | $51.4M | $27.9M | 10x | as long as short |
| RISEx HOOD/USDC | +0.0365% | 1h | 120.98 | −0.037% | $374K | $1.4M | 10x | as long as short |
| edgeX HOODUSDC | +0.0883% | 4h | 120.95 | −0.065% | $364K | $303K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0908% | 1h | 120.99 | −0.033% | $6K | $52K | 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
Pacifica HOOD
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
BloFin HOOD-USDT
Lighter HOOD
Coinbase International HOOD-PERP-INTX
Phoenix HOOD
tradeXYZ xyz:HOOD
RISEx HOOD/USDC
edgeX HOODUSDC
Deribit HOOD_USDC-PERPETUAL