Funding you earn now, next payment 16:00 UTC+0.0004%/8h= +0.5% APRnext payment +$0.04 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against OKX0.000%7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$540.543% of the position
Funding, last 7 days−0.047%−$5 on $10k
+Price spread, last 7 days−0.039%−$4 · spread now 0.000%, 7d avg −0.018%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX HOOD-USDT-SWAP | 122.49 | 0 | get 0.0000% / 8h | 5h 56m | $2.7M | $5.9M | 20x |
| Short | Bybit HOODUSDT | 122.49 | 0.0004 | get 0.0004% / 8h | 5h 56m | $3.7M | $7.4M | 25x |
OKX HOOD-USDT-SWAP
Bybit HOODUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0.89
- Price spread: 0.000% → −0.018%
- $1.79
- Slippage, 4 orders
- −$33.3
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$51.62
- Costs to cover
- 0.543%
- Break-even
- 414.7 days
Slippage from OKX: live order book, 4 min ago; Bybit: live order book, 4 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, 4 min ago | 2.04 bp | 17.1 bp −$17 | 31.1 bp −$311 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 2.04 bp | 16.0 bp −$16 | 37.6 bp −$376 | 1242.7 bp −$124.3K | doesn't fit |
HOOD on 30 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HOODUSDT | 0.0000% | 8h | 122.46 | −0.024% | $110K | $285K | 20x | as long as short |
| OKX HOOD-USDT-SWAPlong | 0.0000% | 8h | 122.49 | long leg | $2.7M | $5.9M | 20x | |
| Gate HOOD_USDT | 0.0000% | 8h | 122.50 | +0.008% | $584K | $6.8M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.54 | +0.041% | $5.6M | $9.2M | 20x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 122.42 | −0.057% | $1.0M | $7K | 10x | as long as short |
| Bybit HOODUSDTshort | +0.0004% | 8h | 122.49 | 0.000% | $3.7M | $7.4M | 25x | |
| Injective HOOD/USDC PERP | +0.0009% | 1h | 121.69 | −0.653% | $28K | $96K | 30x | as long as short |
| edgeX HOODUSDC | +0.0029% | 4h | 122.14 | −0.286% | $368K | $304K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0046% | 1h | 122.33 | −0.131% | — | $64K | 25x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 122.46 | −0.024% | $51.6M | $25.6M | 10x | as long as short |
Aster HOODUSDT
Gate HOOD_USDT
Bitget HOODUSDT
Phemex HOODUSDT
Injective HOOD/USDC PERP
edgeX HOODUSDC
Vest HOOD-USD-PERP
tradeXYZ xyz:HOODShow all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 122.35 | −0.114% | $253K | $338K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.44 | −0.045% | $731 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.23 | −0.212% | $1.3M | $1.2M | 15x | as long as short |
| QFEX HOOD-USD | +0.0070% | 1h | 122.41 | −0.065% | $1.3M | $2.7M | 10x | as long as short |
| Variational Omni HOOD | +0.0076% | 8h | 122.23 | −0.215% | $2.3M | $875K | — | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0077% | 1h | 122.42 | −0.057% | $6K | $41K | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.50 | +0.005% | $73K | $116K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.41 | −0.065% | $1.7M | $1.5M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.25 | −0.196% | $5K | $29K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.44 | −0.041% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.42 | −0.058% | $16K | — | 10x | as long as short |
| Phoenix HOOD | +0.0197% | 1h | 122.39 | −0.082% | $28K | $239K | 10x | as long as short |
| Extended HOOD_24_5-USD | +0.0216% | 1h | 122.45 | −0.033% | $470K | $2.6M | 10x | as long as short |
| Lighter HOOD | +0.0216% | 1h | 122.54 | +0.043% | $2.9M | $2.9M | 10x | as long as short |
| Binance HOODUSDT | +0.0222% | 8h | 122.53 | +0.029% | $21.3M | $87.2M | 20x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0224% | 1h | 121.81 | −0.555% | $229K | $1.6M | 10x | as long as short |
| Arcus HOOD-USD | +0.0252% | 1h | 122.44 | −0.041% | $1.1M | $1.9M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0337% | 8h | 122.39 | −0.082% | $175K | $181K | 20x | as long as short |
| GRVT HOOD_USDT_Perp | +0.0468% | 8h | 122.42 | −0.058% | $859K | $1.7M | 10x | as long as short |
| RISEx HOOD/USDC | +0.0862% | 1h | 122.56 | +0.056% | $476K | $1.3M | 10x | as long as short |
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
QFEX HOOD-USD
Variational Omni HOOD
Deribit HOOD_USDC-PERPETUAL
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
Phoenix HOOD
Extended HOOD_24_5-USD
Lighter HOOD
Binance HOODUSDT
Coinbase International HOOD-PERP-INTX
Arcus HOOD-USD
BloFin HOOD-USDT
GRVT HOOD_USDT_Perp
RISEx HOOD/USDC