Funding you earn now, next payment 23:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.022%
Price spread now: Bitget against Pacifica+0.048%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$580.579% of the position
Funding, last 7 days−0.147%−$15 on $10k
+Price spread, last 4 days (all we have)−0.052%−$5 · spread now +0.048%, 7d avg +0.063%
=Together, before fees−0.198%+ Points / potential airdropPacifica: Active · farm board−$20 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.063%, so right now this pair is about funding alone: −$3 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 | 123.23 | 0.0100 | pay 0.0013% / 1h | 35m 06s | $80K | $109K | 10x |
| Short | Bitget HOODUSDT | 123.29 | 0 | get 0.0000% / 8h | 1h 35m | $5.7M | $9.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: +0.048% → +0.063%
- −$1.58
- Slippage, 4 orders
- −$37.92
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$80.51
- Costs to cover
- 0.579%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 47 min ago; Bitget: 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, 47 min ago | 10.47 bp | 17.2 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 1.22 bp | 9.2 bp −$9 | 20.0 bp −$200 | 119.0 bp −$11.9K | 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 | −0.0030% | 1h | 123.11 | −0.099% | $262K | $321K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 123.32 | +0.076% | $110K | $262K | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 123.27 | +0.031% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 123.27 | +0.031% | $3.0M | $5.7M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 123.30 | +0.055% | $401K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 123.28 | +0.039% | $556K | $7.8M | 50x | as long as short |
| Bitget HOODUSDTshort | 0.0000% | 8h | 123.29 | +0.048% | $5.7M | $9.1M | 20x | |
| Phemex HOODUSDT | 0.0000% | 8h | 123.33 | +0.080% | $1.0M | $8K | 10x | as long as short |
| Variational Omni HOOD | +0.0004% | 8h | 123.33 | +0.077% | $2.4M | $1.0M | — | as long as short |
| Lighter HOOD | +0.0032% | 1h | 123.25 | +0.019% | $2.9M | $2.1M | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest HOOD-USD-PERP | +0.0046% | 1h | 123.26 | +0.023% | — | $63K | 25x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 123.31 | +0.060% | $740 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 123.19 | −0.034% | $1.4M | $1.3M | 15x | as long as short |
| QFEX HOOD-USD | +0.0057% | 1h | 123.29 | +0.048% | $1.3M | $4.1M | 10x | as long as short |
| GRVT HOOD_USDT_Perp | +0.0071% | 8h | 123.39 | +0.129% | $868K | $2.1M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0080% | 1h | 123.32 | +0.072% | $191K | $1.8M | 10x | as long as short |
| Pacifica HOODlong | +0.0100% | 1h | 123.23 | long leg | $80K | $109K | 10x | |
| KuCoin HOODUSDTM | +0.0100% | 8h | 123.34 | +0.088% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 123.40 | +0.137% | $15K | $184K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 123.31 | +0.064% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 123.29 | +0.045% | $16K | — | 10x | as long as short |
| Extended HOOD_24_5-USD | +0.0120% | 1h | 123.29 | +0.045% | $417K | $1.2M | 10x | as long as short |
| Binance HOODUSDT | +0.0122% | 8h | 123.30 | +0.057% | $23.7M | $84.0M | 20x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0156% | 1h | 123.29 | +0.048% | $6K | $80K | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0177% | 1h | 123.27 | +0.031% | $53.0M | $29.6M | 10x | as long as short |
| Arcus HOOD-USD | +0.0187% | 1h | 123.30 | +0.056% | $1.1M | $1.7M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0242% | 8h | 123.37 | +0.112% | $187K | $123K | 20x | as long as short |
| Injective HOOD/USDC PERP | +0.0258% | 1h | 123.34 | +0.088% | $63K | $50K | 30x | as long as short |
| Phoenix HOOD | +0.0388% | 1h | 123.43 | +0.161% | $28K | $188K | 10x | as long as short |
| edgeX HOODUSDC | +0.0813% | 4h | 123.43 | +0.157% | $371K | $307K | 10x | as long as short |
Pacifica HOOD
Bitget HOODUSDT
Polymarket Perps HOOD-USD
Aster HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Phemex HOODUSDT
Variational Omni HOOD
Lighter HOOD
SoDEX HOOD-USD
GRVT HOOD_USDT_Perp
Coinbase International HOOD-PERP-INTX
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Deribit HOOD_USDC-PERPETUAL
tradeXYZ xyz:HOOD
BloFin HOOD-USDT
Injective HOOD/USDC PERP
Phoenix HOOD
edgeX HOODUSDC