Funding you earn now, next payment 01:00 UTC−0.0014%/8h= −1.6% APRpaid last 24h +0.005%
Price spread now: Binance against QFEX−0.029%53s7-day average +0.016% · 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—prices read too far apart to compare
costs, in and out, $10k−$280.279% of the position
Funding, last 3 days (all we have)+0.035%+$3 on $10k
+Price spread, last 2 days (all we have)+0.057%+$6 · spread now −0.029%, 7d avg +0.016%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Binance is 0.045% cheaper against QFEX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.016%). Swap the legs. The two prices were read 53 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 | QFEX HOOD-USD | 122.92 | 0.0014 | pay 0.0002% / 1h | 30m 39s | $1.3M | $4.1M | 10x |
| Short | Binance HOODUSDT | 122.88 | 0 | get 0.0000% / 8h | 7h 30m | $21.9M | $89.3M | 20x |
QFEX HOOD-USD
Binance HOODUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against QFEX. 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
- −$3.01
- Price spread: −0.029% → +0.016%
- −$4.48
- Slippage, 4 orders
- −$7.91
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$35.4
- Costs to cover
- 0.279%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 3 min ago; Binance: live order book, 12 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 QFEX live order book, 3 min ago | 1.22 bp | 6.4 bp −$6 | 9.3 bp −$93 | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 0.41 bp | 7.4 bp −$7 | 20.7 bp −$207 | 68.8 bp −$6,882 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HOODUSDT | 0.0000% | 8h | 122.81 | −0.088% | $107K | $268K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 122.86 | −0.051% | $364K | $1.5M | 10x | as long as short |
| Binance HOODUSDTshort | 0.0000% | 8h | 122.88 | −0.029% | $21.9M | $89.3M | 20x | |
| Bybit HOODUSDT | 0.0000% | 8h | 122.85 | −0.057% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.91 | −0.008% | $2.9M | $5.9M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 122.94 | +0.012% | $379K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.86 | −0.049% | $576K | $7.8M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.92 | 0.000% | $5.6M | $9.5M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 122.85 | −0.056% | $2.4M | $1.1M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 122.83 | −0.073% | $862K | $2.0M | 10x | as long as short |
Aster HOODUSDT
Extended HOOD_24_5-USD
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Bitget HOODUSDT
Variational Omni HOOD
GRVT HOOD_USDT_PerpShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 122.85 | −0.057% | $8K | $69K | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 122.85 | −0.057% | $1.0M | $8K | 10x | as long as short |
| QFEX HOOD-USDlong | +0.0014% | 1h | 122.92 | long leg | $1.3M | $4.1M | 10x | |
| Vest HOOD-USD-PERP | +0.0040% | 1h | 122.79 | −0.106% | — | $63K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 122.87 | −0.041% | $1.1M | $1.8M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 122.79 | −0.106% | $265K | $335K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.83 | −0.077% | $739 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.73 | −0.155% | $1.2M | $1.6M | 15x | as long as short |
| Lighter HOOD | +0.0080% | 1h | 122.87 | −0.038% | $2.9M | $2.1M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0096% | 1h | 122.34 | −0.472% | $202K | $1.9M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.85 | −0.056% | $71K | $110K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.89 | −0.024% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.84 | −0.065% | $5K | $107K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.85 | −0.057% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.83 | −0.072% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 122.87 | −0.041% | $181K | $115K | 20x | as long as short |
| tradeXYZ xyz:HOOD | +0.0163% | 1h | 122.88 | −0.033% | $52.7M | $27.8M | 10x | as long as short |
| Phoenix HOOD | +0.0196% | 1h | 122.91 | −0.008% | $28K | $239K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0213% | 1h | 122.88 | −0.033% | $63K | $49K | 30x | as long as short |
| edgeX HOODUSDC | +0.0725% | 4h | 122.84 | −0.067% | $370K | $308K | 10x | as long as short |
Deribit HOOD_USDC-PERPETUAL
Phemex HOODUSDT
Vest HOOD-USD-PERP
Arcus HOOD-USD
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Lighter HOOD
Coinbase International HOOD-PERP-INTX
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
BloFin HOOD-USDT
tradeXYZ xyz:HOOD
Phoenix HOOD
Injective HOOD/USDC PERP
edgeX HOODUSDC