Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.031%
Price spread now: KuCoin against Pacifica+0.031%46s7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1141.140% of the position
Funding, last 7 days−0.144%−$14 on $10k
+Price spread, last 4 days (all we have)−0.100%−$10 · spread now +0.031%, 7d avg −0.001%
=Together, before fees−0.245%+ Points / potential airdropPacifica: Active · farm board−$24 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.032% dearer against Pacifica than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.001%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica HOOD | 122.49 | 0.0100 | pay 0.0013% / 1h | 6m 02s | $71K | $114K | 10x |
| Short | KuCoin HOODUSDTM | 122.53 | 0.0100 | get 0.0100% / 8h | 1h 06m | $1.3M | $1.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $0
- Price spread: +0.031% → −0.001%
- $3.23
- Slippage, 4 orders
- −$94.01
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$110.78
- Costs to cover
- 1.140%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 11 min ago; KuCoin: 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, 11 min ago | 2.92 bp | 12.8 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 4.90 bp | 42.7 bp −$43 | doesn't fit | 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 | −0.0140% | 1h | 122.38 | −0.091% | $269K | $332K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 122.44 | −0.040% | $108K | $263K | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 122.50 | +0.007% | $3.9M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.49 | −0.001% | $2.9M | $5.8M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 122.45 | −0.033% | $393K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.48 | −0.010% | $569K | $7.9M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.50 | +0.007% | $5.6M | $9.6M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 122.39 | −0.084% | $2.3M | $1.0M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 122.44 | −0.045% | $857K | $2.0M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 122.47 | −0.018% | $8K | $81K | 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 | 122.46 | −0.026% | $1.0M | $8K | 10x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 122.44 | −0.038% | $2.9M | $2.2M | 10x | as long as short |
| Extended HOOD_24_5-USD | +0.0040% | 1h | 122.45 | −0.035% | $411K | $1.2M | 10x | as long as short |
| Binance HOODUSDT | +0.0043% | 8h | 122.48 | −0.011% | $22.1M | $88.0M | 20x | as long as short |
| Vest HOOD-USD-PERP | +0.0046% | 1h | 122.38 | −0.091% | — | $63K | 25x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.42 | −0.055% | $735 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.35 | −0.116% | $1.2M | $1.6M | 15x | as long as short |
| QFEX HOOD-USD | +0.0057% | 1h | 122.48 | −0.010% | $1.3M | $4.1M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0080% | 1h | 122.43 | −0.050% | $198K | $1.9M | 10x | as long as short |
| Pacifica HOODlong | +0.0100% | 1h | 122.49 | long leg | $71K | $114K | 10x | |
| KuCoin HOODUSDTMshort | +0.0100% | 8h | 122.53 | +0.031% | $1.3M | $1.1M | 20x | |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.44 | −0.042% | $5K | $135K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.48 | −0.010% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.45 | −0.034% | $16K | — | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0105% | 1h | 122.47 | −0.018% | $52.5M | $29.8M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0167% | 8h | 122.40 | −0.075% | $183K | $123K | 20x | as long as short |
| Arcus HOOD-USD | +0.0187% | 1h | 122.34 | −0.124% | $1.1M | $1.7M | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0258% | 1h | 123.07 | +0.472% | $63K | $50K | 30x | as long as short |
| Phoenix HOOD | +0.0388% | 1h | 122.44 | −0.042% | $28K | $188K | 10x | as long as short |
| edgeX HOODUSDC | +0.0985% | 4h | 122.43 | −0.054% | $368K | $306K | 10x | as long as short |
Pacifica HOOD
KuCoin HOODUSDTM
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
Lighter HOOD
Extended HOOD_24_5-USD
Binance HOODUSDT
SoDEX HOOD-USD
Coinbase International HOOD-PERP-INTX
ApeX Omni HOODUSDT
tradeXYZ xyz:HOOD
BloFin HOOD-USDT
Injective HOOD/USDC PERP
Phoenix HOOD
edgeX HOODUSDC