Funding you earn now, next payment 05:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: Aster against Pacifica−0.007%7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$990.991% of the position
Funding, last 7 days−0.234%−$23 on $10k
+Price spread, last 4 days (all we have)+0.038%+$4 · spread now −0.007%, 7d avg +0.024%
=Together, before fees−0.196%+ Points / potential airdropPacifica: Active · Aster: Stage 5 · farm board−$20 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aster is 0.031% cheaper against Pacifica than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.024%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica HOOD | 120.91 | 0.0100 | pay 0.0013% / 1h | 10m 15s | $67K | $107K | 10x |
| Short | Aster HOODUSDT | 120.90 | 0 | get 0.0000% / 8h | 3h 10m | $106K | $280K | 20x |
Pacifica HOOD
Aster HOODUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- −$21
- Price spread: −0.007% → +0.024%
- −$3.1
- Slippage, 4 orders
- −$83.11
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$123.21
- Costs to cover
- 0.991%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 42 min ago; Aster: live order book, 42 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, 42 min ago | 2.02 bp | 7.4 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 42 min ago | 4.53 bp | 29.5 bp −$30 | doesn't fit | 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 | −0.0440% | 1h | 120.88 | −0.021% | $58K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0138% | 8h | 120.94 | +0.029% | $571K | $7.7M | 50x | as long as short |
| Bitget HOODUSDT | −0.0125% | 8h | 120.95 | +0.037% | $5.4M | $9.7M | 20x | as long as short |
| Aster HOODUSDTshort | 0.0000% | 8h | 120.90 | −0.007% | $106K | $280K | 20x | |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.82 | −0.067% | $360K | $1.4M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 120.86 | −0.034% | $20.7M | $91.3M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 120.88 | −0.021% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.87 | −0.029% | $2.7M | $6.0M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 120.95 | +0.037% | $382K | $1.4M | 10x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 120.92 | +0.010% | $2.3M | $1.1M | — | as long as short |
Injective HOOD/USDC PERP
Gate HOOD_USDT
Bitget HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Variational Omni HOODShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 121.05 | +0.117% | $849K | $2.0M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 120.82 | −0.070% | $6K | $54K | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 120.92 | +0.012% | $989K | $9K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0015% | 1h | 120.73 | −0.145% | — | $63K | 25x | as long as short |
| QFEX HOOD-USD | +0.0022% | 1h | 120.92 | +0.012% | $1.3M | $3.1M | 10x | as long as short |
| edgeX HOODUSDC | +0.0034% | 4h | 121.03 | +0.107% | $364K | $303K | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.94 | +0.029% | $1.1M | $1.7M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 120.84 | −0.054% | $51.2M | $28.4M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 120.74 | −0.137% | $251K | $344K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.86 | −0.034% | $726 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.81 | −0.079% | $1.2M | $1.5M | 15x | as long as short |
| Pacifica HOODlong | +0.0100% | 1h | 120.91 | long leg | $67K | $107K | 10x | |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.93 | +0.021% | $1.3M | $1.2M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.97 | +0.054% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.85 | −0.046% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.85 | −0.043% | $16K | — | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0120% | 1h | 121.10 | +0.161% | $193K | $1.9M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 121.00 | +0.078% | $174K | $157K | 20x | as long as short |
| Phoenix HOOD | +0.0132% | 1h | 120.99 | +0.070% | $28K | $238K | 10x | as long as short |
| Lighter HOOD | +0.0152% | 1h | 120.88 | −0.023% | $2.8M | $3.2M | 10x | as long as short |
GRVT HOOD_USDT_Perp
Deribit HOOD_USDC-PERPETUAL
Phemex HOODUSDT
Vest HOOD-USD-PERP
QFEX HOOD-USD
edgeX HOODUSDC
Arcus HOOD-USD
tradeXYZ xyz:HOOD
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
Coinbase International HOOD-PERP-INTX
BloFin HOOD-USDT
Phoenix HOOD
Lighter HOOD