Funding you earn now, next payment 00:00 UTC−0.0077%/8h= −8.4% APRpaid last 24h +0.003%
Price spread now: Binance against Pacifica+0.031%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$370.370% of the position
Funding, last 7 days−0.064%−$6 on $10k
+Price spread, last 2 days (all we have)+0.038%+$4 · spread now +0.031%, 7d avg +0.035%
=Together, before fees−0.026%+ Points / potential airdropPacifica: Active · farm board−$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.035%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica HOOD | 123.00 | 0.0100 | pay 0.0013% / 1h | 48m 25s | $71K | $114K | 10x |
| Short | Binance HOODUSDT | 123.04 | 0.0023 | get 0.0023% / 8h | 48m 25s | $22.1M | $88.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$16.09
- Price spread: +0.031% → +0.035%
- −$0.42
- Slippage, 4 orders
- −$19.04
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$53.54
- Costs to cover
- 0.370%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 29 min ago; Binance: live order book, 9 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, 29 min ago | 2.92 bp | 12.8 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 0.41 bp | 9.0 bp −$9 | 26.2 bp −$262 | 71.3 bp −$7,131 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps HOOD-USD | −0.0096% | 1h | 122.85 | −0.124% | $270K | $332K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 122.95 | −0.046% | $109K | $263K | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 123.07 | +0.055% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 123.04 | +0.031% | $2.9M | $5.8M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 123.00 | −0.002% | $390K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 123.01 | +0.007% | $568K | $7.8M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 123.03 | +0.023% | $5.6M | $9.6M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 122.97 | −0.026% | $2.4M | $1.1M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 123.00 | 0.000% | $861K | $2.0M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 122.92 | −0.067% | $8K | $70K | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex HOODUSDT | 0.0000% | 8h | 123.02 | +0.015% | $1.0M | $8K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0008% | 1h | 122.91 | −0.075% | $63K | $50K | 30x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0008% | 1h | 122.84 | −0.132% | $199K | $1.9M | 10x | as long as short |
| Binance HOODUSDTshort | +0.0023% | 8h | 123.04 | +0.031% | $22.1M | $88.3M | 20x | |
| Extended HOOD_24_5-USD | +0.0024% | 1h | 123.00 | −0.003% | $411K | $1.1M | 10x | as long as short |
| QFEX HOOD-USD | +0.0027% | 1h | 123.00 | −0.002% | $1.3M | $4.2M | 10x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 123.00 | −0.002% | $2.9M | $2.2M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 122.97 | −0.026% | $1.1M | $1.7M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0046% | 1h | 122.90 | −0.083% | — | $63K | 25x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 123.01 | +0.007% | $738 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.92 | −0.067% | $1.2M | $1.7M | 15x | as long as short |
| tradeXYZ xyz:HOOD | +0.0062% | 1h | 123.03 | +0.023% | $52.7M | $29.8M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0092% | 8h | 122.95 | −0.042% | $137K | $124K | 20x | as long as short |
| Pacifica HOODlong | +0.0100% | 1h | 123.00 | long leg | $71K | $114K | 10x | |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.99 | −0.010% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.97 | −0.026% | $5K | $135K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.99 | −0.010% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.99 | −0.007% | $16K | — | 10x | as long as short |
| Phoenix HOOD | +0.0196% | 1h | 122.99 | −0.010% | $28K | $239K | 10x | as long as short |
| edgeX HOODUSDC | +0.0325% | 4h | 123.00 | 0.000% | $370K | $308K | 10x | as long as short |
Pacifica HOOD
Binance HOODUSDT
Polymarket Perps HOOD-USD
Aster HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Bitget HOODUSDT
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Deribit HOOD_USDC-PERPETUAL
Phemex HOODUSDT
Injective HOOD/USDC PERP
Coinbase International HOOD-PERP-INTX
Extended HOOD_24_5-USD
Lighter HOOD
SoDEX HOOD-USD
tradeXYZ xyz:HOOD
BloFin HOOD-USDT
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Phoenix HOOD
edgeX HOODUSDC