Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.014%
Price spread now: Bitget against OKX+0.066%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$460.463% of the position
Funding, last 7 days−0.084%−$8 on $10k
+Price spread, last 7 days−0.067%−$7 · spread now +0.066%, 7d avg +0.018%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.047% dearer against OKX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.018%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX HOOD-USDT-SWAP | 121.76 | 0 | get 0.0000% / 8h | 6h 01m | $2.7M | $6.0M | 20x |
| Short | Bitget HOODUSDT | 121.84 | 0 | get 0.0000% / 8h | 6h 01m | $5.4M | $9.5M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against OKX. 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
- $0
- Price spread: +0.066% → +0.018%
- $4.73
- Slippage, 4 orders
- −$24.28
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$41.55
- Costs to cover
- 0.463%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; Bitget: live order book, 2 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 OKX live order book, 2 min ago | 2.46 bp | 11.4 bp −$11 | 28.1 bp −$281 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 2.05 bp | 11.2 bp −$11 | 39.3 bp −$393 | doesn't fit | doesn't fit |
HOOD on 29 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 | −0.0124% | 1h | 121.60 | −0.131% | $252K | $344K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.81 | +0.038% | $107K | $274K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.71 | −0.038% | $360K | $1.3M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.73 | −0.027% | $21.1M | $90.2M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.75 | −0.008% | $3.9M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAPlong | 0.0000% | 8h | 121.76 | long leg | $2.7M | $6.0M | 20x | |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.79 | +0.025% | $376K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 121.83 | +0.057% | $575K | $7.7M | 50x | as long as short |
| Bitget HOODUSDTshort | 0.0000% | 8h | 121.84 | +0.066% | $5.4M | $9.5M | 20x | |
| Variational Omni HOOD | 0.0000% | 8h | 121.89 | +0.106% | $2.3M | $1.1M | — | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 121.97 | +0.169% | $862K | $2.0M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 121.72 | −0.033% | $7K | $68K | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.74 | −0.016% | $996K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0025% | 1h | 121.70 | −0.049% | — | $63K | 25x | as long as short |
| QFEX HOOD-USD | +0.0034% | 1h | 121.79 | +0.025% | $1.3M | $3.9M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.88 | +0.099% | $1.1M | $1.7M | 10x | as long as short |
| Lighter HOOD | +0.0048% | 1h | 121.76 | 0.000% | $2.9M | $3.1M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.75 | −0.008% | $733 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.85 | +0.074% | $1.2M | $1.5M | 15x | as long as short |
| tradeXYZ xyz:HOOD | +0.0064% | 1h | 121.79 | +0.025% | $52.4M | $27.8M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0064% | 1h | 121.88 | +0.099% | $195K | $1.9M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.83 | +0.060% | $68K | $110K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.84 | +0.066% | $1.3M | $1.2M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.91 | +0.123% | $5K | $61K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.75 | −0.008% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.71 | −0.040% | $16K | — | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0186% | 1h | 121.38 | −0.312% | $58K | $57K | 30x | as long as short |
| Phoenix HOOD | +0.0261% | 1h | 121.96 | +0.164% | $28K | $237K | 10x | as long as short |
| edgeX HOODUSDC | +0.0395% | 4h | 121.97 | +0.169% | $367K | $305K | 10x | as long as short |
OKX HOOD-USDT-SWAP
Bitget HOODUSDT
Polymarket Perps HOOD-USD
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
RISEx HOOD/USDC
Gate HOOD_USDT
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Deribit HOOD_USDC-PERPETUAL
Phemex HOODUSDT
Lighter HOOD
SoDEX HOOD-USD
tradeXYZ xyz:HOOD
Coinbase International HOOD-PERP-INTX
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Injective HOOD/USDC PERP
Phoenix HOOD
edgeX HOODUSDC