Funding you earn now, next payment 09:00 UTC−0.0008%/8h= −0.9% APRpaid last 24h −0.030%
Price spread now: Bybit against Pacifica+0.019%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$420.424% of the position
Funding, last 7 days−0.116%−$12 on $10k
+Price spread, last 4 days (all we have)−0.037%−$4 · spread now +0.019%, 7d avg +0.023%
=Together, before fees−0.153%+ Points / potential airdropPacifica: Active · farm board−$15 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica HOOD | 121.52 | 0.0100 | pay 0.0013% / 1h | 12m 45s | $74K | $105K | 10x |
| Short | Bybit HOODUSDT | 121.54 | 0.0092 | get 0.0092% / 8h | 7h 12m | $3.7M | $8.0M | 25x |
Pacifica HOOD
Bybit HOODUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$1.77
- Price spread: +0.019% → +0.023%
- −$0.44
- Slippage, 4 orders
- −$23.43
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$44.65
- Costs to cover
- 0.424%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 20 min ago; Bybit: live order book, 5 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, 20 min ago | 1.00 bp | 10.1 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 0.41 bp | 16.0 bp −$16 | 52.7 bp −$527 | 1088.5 bp −$108.9K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective HOOD/USDC PERP | −0.0440% | 1h | 121.59 | +0.060% | $30K | $98K | 30x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.62 | +0.081% | $109K | $285K | 20x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.51 | −0.006% | $2.7M | $6.1M | 20x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 121.62 | +0.085% | $599K | $7.1M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 121.59 | +0.060% | $5.6M | $9.4M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.63 | +0.091% | $2.2M | $944K | — | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.51 | −0.006% | $994K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0006% | 1h | 121.46 | −0.047% | — | $64K | 25x | as long as short |
| QFEX HOOD-USD | +0.0038% | 1h | 121.57 | +0.043% | $1.3M | $2.8M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.43 | −0.072% | $1.1M | $1.8M | 10x | as long as short |
Injective HOOD/USDC PERP
Aster HOODUSDT
OKX HOOD-USDT-SWAP
Gate HOOD_USDT
Bitget HOODUSDT
Variational Omni HOOD
Phemex HOODUSDT
Vest HOOD-USD-PERP
QFEX HOOD-USD
Arcus HOOD-USDShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended HOOD_24_5-USD | +0.0048% | 1h | 121.58 | +0.051% | $359K | $2.3M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.49 | −0.022% | $51.2M | $26.9M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 121.48 | −0.031% | $253K | $335K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.49 | −0.022% | $1.2M | $1.3M | 15x | as long as short |
| Binance HOODUSDT | +0.0053% | 8h | 121.56 | +0.032% | $21.1M | $89.4M | 20x | as long as short |
| Bybit HOODUSDTshort | +0.0092% | 8h | 121.54 | +0.019% | $3.7M | $8.0M | 25x | |
| Lighter HOOD | +0.0096% | 1h | 121.46 | −0.046% | $2.9M | $3.2M | 10x | as long as short |
| Pacifica HOODlong | +0.0100% | 1h | 121.52 | long leg | $74K | $105K | 10x | |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.46 | −0.047% | $1.3M | $1.4M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.49 | −0.022% | $5K | $33K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.55 | +0.027% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.52 | +0.004% | $16K | — | 10x | as long as short |
| Phoenix HOOD | +0.0133% | 1h | 121.54 | +0.019% | $28K | $238K | 10x | as long as short |
| BloFin HOOD-USDT | +0.0171% | 8h | 121.60 | +0.068% | $172K | $178K | 20x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0200% | 1h | 119.88 | −1.347% | $195K | $1.8M | 10x | as long as short |
| RISEx HOOD/USDC | +0.0421% | 1h | 121.68 | +0.134% | $418K | $1.3M | 10x | as long as short |
| edgeX HOODUSDC | +0.0510% | 4h | 121.55 | +0.030% | $366K | $305K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0656% | 1h | 121.50 | −0.014% | $6K | $52K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0680% | 1h | 121.51 | −0.006% | $726 | $4K | 10x | as long as short |
| GRVT HOOD_USDT_Perp | +0.0701% | 8h | 121.54 | +0.018% | $856K | $1.8M | 10x | as long as short |
Extended HOOD_24_5-USD
tradeXYZ xyz:HOOD
Polymarket Perps HOOD-USD
Ondo Perps HOOD-USD.P
Binance HOODUSDT
Lighter HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
Phoenix HOOD
BloFin HOOD-USDT
Coinbase International HOOD-PERP-INTX
RISEx HOOD/USDC
edgeX HOODUSDC
Deribit HOOD_USDC-PERPETUAL
SoDEX HOOD-USD
GRVT HOOD_USDT_Perp