Funding you earn now, next payment 01:00 UTC−0.0060%/8h= −6.5% APRnext payment −$0.07 per $10,000 · paid last 24h −0.018%
Price spread now: Arcus against Pacifica−0.020%7-day average −0.042% · 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−$45as in the Price arb table
costs, in and out, $10k−$470.468% of the position
Funding, last 3 days (all we have)+0.037%+$4 on $10k
+Price spread, last 4 days (all we have)−0.040%−$4 · spread now −0.020%, 7d avg −0.042%
=Together, before fees−0.003%+ Points / potential airdropPacifica: Active · farm board$0 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Arcus is 0.022% dearer against Pacifica than usual: you sell high and buy low (spread −0.020% now, against its 7-day average of −0.042%): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 30 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica HOOD | 122.82 | 0.0100 | pay 0.0013% / 1h | 56m 14s | $71K | $114K | 10x |
| Short | Arcus HOOD-USD | 122.80 | 0.0040 | get 0.0005% / 1h | 56m 14s | $1.1M | $1.7M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Pacifica. 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
- −$12.54
- Price spread: −0.020% → −0.042%
- $2.21
- Slippage, 4 orders
- −$34.32
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$57.15
- Costs to cover
- 0.468%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 16 min ago; Arcus: 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 Pacifica live order book, 16 min ago | 2.56 bp | 8.8 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Arcus live order book, 3 min ago | 0.81 bp | 13.9 bp −$14 | 20.0 bp −$200 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HOODUSDT | 0.0000% | 8h | 122.70 | −0.101% | $108K | $265K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 122.68 | −0.120% | $362K | $1.2M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 122.70 | −0.101% | $22.0M | $89.3M | 20x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.68 | −0.117% | $2.9M | $5.9M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 122.84 | +0.012% | $383K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.68 | −0.117% | $565K | $7.7M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.69 | −0.109% | $5.5M | $9.5M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 122.90 | +0.061% | $2.4M | $1.1M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 122.75 | −0.060% | $867K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 122.70 | −0.101% | $1.0M | $8K | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX HOOD-USD | +0.0014% | 1h | 122.82 | −0.003% | $1.3M | $4.3M | 10x | as long as short |
| Arcus HOOD-USDshort | +0.0040% | 1h | 122.80 | −0.020% | $1.1M | $1.7M | 10x | |
| Vest HOOD-USD-PERP | +0.0045% | 1h | 122.59 | −0.191% | — | $63K | 25x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.84 | +0.013% | $1.2M | $1.7M | 15x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0096% | 1h | 122.56 | −0.215% | $202K | $1.9M | 10x | as long as short |
| Pacifica HOODlong | +0.0100% | 1h | 122.82 | long leg | $71K | $114K | 10x | |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.83 | +0.005% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.73 | −0.077% | $5K | $127K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.67 | −0.125% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.62 | −0.167% | $16K | — | 10x | as long as short |
| SoDEX HOOD-USD | +0.0110% | 1h | 122.68 | −0.117% | $739 | $4K | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 123.00 | +0.143% | $183K | $125K | 20x | as long as short |
| Phoenix HOOD | +0.0196% | 1h | 122.92 | +0.078% | $28K | $239K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0213% | 1h | 122.80 | −0.020% | $63K | $49K | 30x | as long as short |
| Lighter HOOD | +0.0224% | 1h | 122.66 | −0.130% | $2.9M | $2.1M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0240% | 1h | 122.63 | −0.158% | $8K | $70K | 10x | as long as short |
| edgeX HOODUSDC | +0.0327% | 4h | 122.75 | −0.061% | $369K | $307K | 10x | as long as short |
| Bybit HOODUSDT | +0.0382% | 8h | 122.70 | −0.101% | $3.9M | $8.7M | 25x | as long as short |
| Polymarket Perps HOOD-USD | +0.0451% | 1h | 122.59 | −0.191% | $269K | $332K | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.1116% | 1h | 122.57 | −0.207% | $52.6M | $29.9M | 10x | as long as short |
Pacifica HOOD
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Bitget HOODUSDT
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Coinbase International HOOD-PERP-INTX
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
SoDEX HOOD-USD
BloFin HOOD-USDT
Phoenix HOOD
Injective HOOD/USDC PERP
Lighter HOOD
Deribit HOOD_USDC-PERPETUAL
edgeX HOODUSDC
Bybit HOODUSDT
Polymarket Perps HOOD-USD
tradeXYZ xyz:HOOD