HOOD

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h +0.008%

Price spread now: tradeXYZ against Pacifica−0.045%7-day average −0.023% · you buy dearer than you sell

Net, funding: paid 7d − costs−$56as in the Funding arb table

Net, price: spread back to 7d avg − costs−$54as in the Price arb table

costs, in and out, $10k−$510.514% of the position

Long on Pacifica Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.045%−$5 on $10k

Price spread, last 4 days (all we have)+0.019%+$2 · spread now −0.045%, 7d avg −0.023%

Together, before fees−0.026%+ Points / potential airdropPacifica: Active · tradeXYZ: Active · farm board−$3 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and tradeXYZ is 0.022% cheaper against Pacifica than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.023%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica HOOD	121.67	0.0100	pay 0.0013% / 1h	2m 35s	$68K	$105K	10x
Short	tradeXYZ xyz:HOOD	121.61	0.0050	get 0.0006% / 1h	2m 35s	$51.9M	$28.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ against Pacifica. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee PacificabpFee tradeXYZbpOrdersPrice spread, now −0.045%Rate

Funding earned: −$10.5
Price spread: −0.045% → −0.023%: −$2.24
Slippage, 4 orders: −$25.44
Fee Pacifica: 4 bp × 2 orders: −$8
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$64.18
Costs to cover: 0.514%
Break-even: never at this rate

Slippage from Pacifica: live order book, 60 min ago; tradeXYZ: live order book, 7 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, 60 min ago	6.84 bp	14.6 bp −$15	doesn't fit	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 7 min ago	1.23 bp	10.8 bp −$11	15.1 bp −$151	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	−0.0107%	1h	121.48	−0.152%	$252K	$344K	10x	as long as short
Aster HOODUSDT	0.0000%	8h	121.66	−0.002%	$106K	$279K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	121.65	−0.015%	$358K	$1.3M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	121.68	+0.013%	$21.1M	$90.6M	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	121.68	+0.012%	$3.9M	$8.7M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	121.73	+0.053%	$2.7M	$6.1M	20x	as long as short
RISEx HOOD/USDC	0.0000%	1h	121.69	+0.019%	$399K	$1.4M	10x	as long as short
Gate HOOD_USDT	0.0000%	8h	121.73	+0.053%	$579K	$7.8M	50x	as long as short
Bitget HOODUSDT	0.0000%	8h	121.72	+0.045%	$5.4M	$9.6M	20x	as long as short
Variational Omni HOOD	0.0000%	8h	121.63	−0.028%	$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	121.65	−0.010%	$852K	$2.0M	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	0.0000%	1h	121.64	−0.021%	$7K	$68K	10x	as long as short
Phemex HOODUSDT	0.0000%	8h	121.66	−0.004%	$995K	$8K	10x	as long as short
Vest HOOD-USD-PERP	+0.0024%	1h	121.55	−0.095%	—	$62K	25x	as long as short
QFEX HOOD-USD	+0.0024%	1h	121.68	+0.012%	$1.3M	$3.7M	10x	as long as short
Arcus HOOD-USD	+0.0040%	1h	121.63	−0.029%	$1.1M	$1.7M	10x	as long as short
tradeXYZ xyz:HOODshort	+0.0050%	1h	121.61	−0.045%	$51.9M	$28.1M	10x
SoDEX HOOD-USD	+0.0050%	1h	121.63	−0.028%	$733	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	121.50	−0.136%	$1.2M	$1.5M	15x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0056%	1h	121.54	−0.103%	$194K	$1.9M	10x	as long as short
Pacifica HOODlong	+0.0100%	1h	121.67	long leg	$68K	$105K	10x
KuCoin HOODUSDTM	+0.0100%	8h	121.70	+0.029%	$1.3M	$1.2M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	121.64	−0.021%	$5K	$41K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	121.66	−0.004%	$2K	$2K	10x	as long as short
Lighter HOOD	+0.0104%	1h	121.68	+0.016%	$2.8M	$3.1M	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	121.62	−0.039%	$16K	—	10x	as long as short
BloFin HOOD-USDT	+0.0120%	8h	121.70	+0.029%	$175K	$162K	20x	as long as short
Phoenix HOOD	+0.0197%	1h	121.73	+0.053%	$28K	$239K	10x	as long as short
Injective HOOD/USDC PERP	+0.0345%	1h	121.36	−0.251%	$58K	$57K	30x	as long as short
edgeX HOODUSDC	+0.0553%	4h	121.63	−0.027%	$366K	$305K	10x	as long as short