Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h +0.094%
Price spread now: RISEx against Pacifica−0.001%7-day average +0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$320.319% of the position
Funding, last 3 days (all we have)+0.084%+$8 on $10k
+Price spread, last 4 days (all we have)−0.010%−$1 · spread now −0.001%, 7d avg +0.052%
=Together, before fees+0.073%+ Points / potential airdropPacifica: Active · farm board+$7 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 RISEx is 0.053% cheaper against Pacifica than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.052%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.084%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica HOOD | 122.92 | 0.0100 | pay 0.0013% / 1h | 46m 28s | $71K | $114K | 10x |
| Short | RISEx HOOD/USDC | 122.92 | 0 | get 0.0000% / 1h | 46m 28s | $389K | $1.4M | 10x |
Pacifica HOOD
RISEx HOOD/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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: −0.001% → +0.052%
- −$5.34
- Slippage, 4 orders
- −$17.87
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$58.22
- Costs to cover
- 0.319%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 31 min ago; RISEx: live order book, 2 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, 31 min ago | 2.92 bp | 12.8 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell RISEx live order book, 2 min ago | 1.63 bp | 4.6 bp −$5 | 5.4 bp −$54 | 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 | −0.0088% | 1h | 122.78 | −0.117% | $270K | $332K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 122.91 | −0.011% | $109K | $263K | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 122.98 | +0.046% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 123.01 | +0.070% | $2.9M | $5.8M | 20x | as long as short |
| RISEx HOOD/USDCshort | 0.0000% | 1h | 122.92 | −0.001% | $389K | $1.4M | 10x | |
| Gate HOOD_USDT | 0.0000% | 8h | 122.95 | +0.021% | $568K | $7.8M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 123.00 | +0.062% | $5.6M | $9.6M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 122.97 | +0.037% | $2.4M | $1.1M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 122.99 | +0.054% | $869K | $2.0M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 122.88 | −0.036% | $8K | $70K | 10x | as long as short |
Polymarket Perps HOOD-USD
Aster HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Gate HOOD_USDT
Bitget HOODUSDT
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Deribit HOOD_USDC-PERPETUALShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex HOODUSDT | 0.0000% | 8h | 122.99 | +0.054% | $1.0M | $8K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0008% | 1h | 122.91 | −0.011% | $63K | $50K | 30x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0008% | 1h | 122.84 | −0.068% | $199K | $1.9M | 10x | as long as short |
| Extended HOOD_24_5-USD | +0.0024% | 1h | 122.95 | +0.020% | $411K | $1.1M | 10x | as long as short |
| Binance HOODUSDT | +0.0025% | 8h | 122.98 | +0.043% | $22.1M | $88.3M | 20x | as long as short |
| QFEX HOOD-USD | +0.0027% | 1h | 122.92 | −0.003% | $1.3M | $4.2M | 10x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 122.94 | +0.017% | $2.9M | $2.2M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 122.89 | −0.027% | $1.1M | $1.7M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0046% | 1h | 122.85 | −0.060% | — | $63K | 25x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.97 | +0.042% | $738 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.87 | −0.044% | $1.2M | $1.7M | 15x | as long as short |
| tradeXYZ xyz:HOOD | +0.0069% | 1h | 122.97 | +0.038% | $52.7M | $29.8M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0099% | 8h | 122.94 | +0.013% | $137K | $124K | 20x | as long as short |
| Pacifica HOODlong | +0.0100% | 1h | 122.92 | long leg | $71K | $114K | 10x | |
| KuCoin HOODUSDTM | +0.0100% | 8h | 123.02 | +0.078% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.97 | +0.038% | $5K | $135K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.95 | +0.021% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.95 | +0.018% | $16K | — | 10x | as long as short |
| Phoenix HOOD | +0.0196% | 1h | 122.99 | +0.054% | $28K | $239K | 10x | as long as short |
| edgeX HOODUSDC | +0.0757% | 4h | 123.01 | +0.071% | $370K | $308K | 10x | as long as short |
Phemex HOODUSDT
Injective HOOD/USDC PERP
Coinbase International HOOD-PERP-INTX
Extended HOOD_24_5-USD
Binance HOODUSDT
QFEX HOOD-USD
Lighter HOOD
Arcus HOOD-USD
Vest HOOD-USD-PERP
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
tradeXYZ xyz:HOOD
BloFin HOOD-USDT
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
Phoenix HOOD
edgeX HOODUSDC