Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.009%
Price spread now: Gate against Pacifica−0.011%7-day average +0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$490.491% of the position
Funding, last 7 days−0.211%−$21 on $10k
+Price spread, last 4 days (all we have)−0.013%−$1 · spread now −0.011%, 7d avg +0.030%
=Together, before fees−0.224%+ Points / potential airdropPacifica: Active · farm board−$22 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 Gate is 0.041% cheaper against Pacifica than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.030%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica HOOD | 121.96 | 0.0100 | pay 0.0013% / 1h | 24m 22s | $68K | $110K | 10x |
| Short | Gate HOOD_USDT | 121.95 | 0 | get 0.0000% / 8h | 6h 24m | $578K | $7.7M | 50x |
Pacifica HOOD
Gate HOOD_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.011% → +0.030%
- −$4.09
- Slippage, 4 orders
- −$26.12
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$74.21
- Costs to cover
- 0.491%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 43 min ago; Gate: live order book, 4 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, 43 min ago | 3.50 bp | 8.8 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 2.05 bp | 13.7 bp −$14 | 58.9 bp −$589 | doesn't fit | doesn't fit |
HOOD on 29 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 | −0.0115% | 1h | 121.76 | −0.167% | $253K | $344K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 122.00 | +0.027% | $107K | $274K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.93 | −0.029% | $360K | $1.4M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.93 | −0.030% | $21.1M | $90.8M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.98 | +0.014% | $3.9M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.94 | −0.019% | $2.7M | $6.1M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.96 | −0.003% | $375K | $1.4M | 10x | as long as short |
| Gate HOOD_USDTshort | 0.0000% | 8h | 121.95 | −0.011% | $578K | $7.7M | 50x | |
| Bitget HOODUSDT | 0.0000% | 8h | 121.97 | +0.005% | $5.4M | $9.6M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 122.05 | +0.071% | $2.3M | $1.1M | — | as long as short |
Polymarket Perps HOOD-USD
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Bitget HOODUSDT
Variational Omni HOODShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 121.93 | −0.027% | $858K | $2.0M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 121.92 | −0.036% | $8K | $68K | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.94 | −0.019% | $997K | $9K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0030% | 1h | 121.87 | −0.077% | — | $63K | 25x | as long as short |
| QFEX HOOD-USD | +0.0034% | 1h | 121.96 | −0.003% | $1.3M | $3.9M | 10x | as long as short |
| Lighter HOOD | +0.0040% | 1h | 121.97 | +0.004% | $2.9M | $3.1M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.87 | −0.077% | $1.1M | $1.7M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.92 | −0.031% | $734 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.91 | −0.044% | $1.2M | $1.6M | 15x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0064% | 1h | 121.78 | −0.150% | $195K | $1.9M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0075% | 1h | 121.92 | −0.036% | $52.6M | $27.9M | 10x | as long as short |
| Pacifica HOODlong | +0.0100% | 1h | 121.96 | long leg | $68K | $110K | 10x | |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.96 | −0.003% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.98 | +0.014% | $5K | $92K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.93 | −0.027% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.89 | −0.059% | $16K | — | 10x | as long as short |
| edgeX HOODUSDC | +0.0136% | 4h | 121.94 | −0.018% | $367K | $304K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0186% | 1h | 121.38 | −0.478% | $58K | $57K | 30x | as long as short |
| Phoenix HOOD | +0.0261% | 1h | 121.97 | +0.005% | $28K | $237K | 10x | as long as short |
GRVT HOOD_USDT_Perp
Deribit HOOD_USDC-PERPETUAL
Phemex HOODUSDT
Vest HOOD-USD-PERP
QFEX HOOD-USD
Lighter HOOD
Arcus HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Coinbase International HOOD-PERP-INTX
tradeXYZ xyz:HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
edgeX HOODUSDC
Injective HOOD/USDC PERP
Phoenix HOOD