Funding you earn now, next payment 03:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h +0.004%
Price spread now: Extended against Pacifica+0.008%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$560.565% of the position
Funding, last 7 days−0.063%−$6 on $10k
+Price spread, last 4 days (all we have)−0.081%−$8 · spread now +0.008%, 7d avg +0.003%
=Together, before fees−0.144%+ Points / potential airdropPacifica: Active · Extended: Active · farm board−$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.003%, 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 | 121.80 | 0.0100 | pay 0.0013% / 1h | 32m 45s | $68K | $110K | 10x |
| Short | Extended HOOD_24_5-USD | 121.81 | 0 | get 0.0000% / 1h | 32m 45s | $358K | $1.3M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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: +0.008% → +0.003%
- $0.49
- Slippage, 4 orders
- −$43.5
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$77.01
- Costs to cover
- 0.565%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 30 min ago; Extended: live order book, 1 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, 30 min ago | 6.84 bp | 14.6 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 1 min ago | 4.56 bp | 13.4 bp −$13 | 91.8 bp −$918 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps HOOD-USD | −0.0114% | 1h | 121.61 | −0.152% | $252K | $344K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.79 | −0.002% | $106K | $279K | 20x | as long as short |
| Extended HOOD_24_5-USDshort | 0.0000% | 1h | 121.81 | +0.008% | $358K | $1.3M | 10x | |
| Binance HOODUSDT | 0.0000% | 8h | 121.84 | +0.036% | $21.1M | $90.3M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.82 | +0.020% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.81 | +0.012% | $2.7M | $6.0M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.81 | +0.014% | $379K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 121.84 | +0.036% | $580K | $7.7M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 121.82 | +0.020% | $5.4M | $9.5M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.81 | +0.013% | $2.3M | $1.1M | — | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 121.81 | +0.012% | $855K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.81 | +0.012% | $996K | $8K | 10x | as long as short |
| QFEX HOOD-USD | +0.0024% | 1h | 121.79 | −0.005% | $1.3M | $3.7M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0026% | 1h | 121.63 | −0.136% | — | $62K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.73 | −0.054% | $1.1M | $1.7M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.81 | +0.012% | $52.1M | $28.0M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.81 | +0.012% | $734 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.70 | −0.079% | $1.2M | $1.5M | 15x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0056% | 1h | 121.54 | −0.210% | $194K | $1.9M | 10x | as long as short |
| Lighter HOOD | +0.0080% | 1h | 121.85 | +0.044% | $2.9M | $3.1M | 10x | as long as short |
| Pacifica HOODlong | +0.0100% | 1h | 121.80 | long leg | $68K | $110K | 10x | |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.83 | +0.028% | $1.3M | $1.2M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.80 | +0.004% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.82 | +0.020% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.78 | −0.017% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 121.79 | −0.005% | $174K | $159K | 20x | as long as short |
| Phoenix HOOD | +0.0197% | 1h | 121.73 | −0.054% | $28K | $239K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0345% | 1h | 121.36 | −0.358% | $58K | $57K | 30x | as long as short |
| edgeX HOODUSDC | +0.0407% | 4h | 121.80 | +0.003% | $367K | $305K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0653% | 1h | 121.87 | +0.061% | $8K | $68K | 10x | as long as short |
Pacifica HOOD
Extended HOOD_24_5-USD
Polymarket Perps HOOD-USD
Aster HOODUSDT
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Bitget HOODUSDT
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Coinbase International HOOD-PERP-INTX
Lighter HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
BloFin HOOD-USDT
Phoenix HOOD
Injective HOOD/USDC PERP
edgeX HOODUSDC
Deribit HOOD_USDC-PERPETUAL