Funding you earn now, next payment 22:00 UTC−0.0043%/8h= −4.7% APRpaid last 24h +0.027%
Price spread now: Bitget against QFEX+0.024%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$380.380% of the position
Funding, last 3 days (all we have)+0.017%+$2 on $10k
+Price spread, last 7 days+0.009%+$1 · spread now +0.024%, 7d avg +0.069%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget 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 +0.069%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX HOOD-USD | 123.58 | 0.0061 | pay 0.0008% / 1h | 12m 20s | $1.3M | $4.1M | 10x |
| Short | Bitget HOODUSDT | 123.61 | 0.0018 | get 0.0018% / 8h | 2h 12m | $5.7M | $9.2M | 20x |
QFEX HOOD-USD
Bitget HOODUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$8.97
- Price spread: +0.024% → +0.069%
- −$4.48
- Slippage, 4 orders
- −$16.01
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$51.46
- Costs to cover
- 0.380%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 11 min ago; Bitget: live order book, 6 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, 11 min ago | 1.62 bp | 6.6 bp −$7 | 10.3 bp −$103 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 6 min ago | 2.42 bp | 12.3 bp −$12 | 31.2 bp −$312 | 128.5 bp −$12.8K | 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 | 123.62 | +0.032% | $110K | $262K | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 123.61 | +0.024% | $4.0M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 123.65 | +0.057% | $3.0M | $5.7M | 20x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 123.60 | +0.016% | $554K | $7.9M | 50x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 123.62 | +0.032% | $1.0M | $8K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0004% | 1h | 123.73 | +0.121% | $63K | $50K | 30x | as long as short |
| Bitget HOODUSDTshort | +0.0018% | 8h | 123.61 | +0.024% | $5.7M | $9.2M | 20x | |
| Variational Omni HOOD | +0.0030% | 8h | 123.72 | +0.113% | $2.4M | $1.0M | — | as long as short |
| Polymarket Perps HOOD-USD | +0.0035% | 1h | 123.46 | −0.097% | $263K | $320K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0046% | 1h | 123.54 | −0.032% | — | $63K | 25x | as long as short |
Aster HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Gate HOOD_USDT
Phemex HOODUSDT
Injective HOOD/USDC PERP
Variational Omni HOOD
Polymarket Perps HOOD-USD
Vest HOOD-USD-PERPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX HOOD-USD | +0.0050% | 1h | 123.59 | +0.012% | $744 | $3K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 123.47 | −0.089% | $1.4M | $1.3M | 15x | as long as short |
| Lighter HOOD | +0.0056% | 1h | 123.57 | −0.006% | $3.1M | $1.9M | 10x | as long as short |
| QFEX HOOD-USDlong | +0.0061% | 1h | 123.58 | long leg | $1.3M | $4.1M | 10x | |
| Pacifica HOOD | +0.0100% | 1h | 123.58 | +0.004% | $80K | $107K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 123.68 | +0.081% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 123.59 | +0.008% | $45K | $247K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 123.61 | +0.024% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 123.60 | +0.017% | $16K | — | 10x | as long as short |
| GRVT HOOD_USDT_Perp | +0.0115% | 8h | 123.74 | +0.129% | $871K | $2.2M | 10x | as long as short |
| Binance HOODUSDT | +0.0149% | 8h | 123.62 | +0.029% | $23.8M | $84.3M | 20x | as long as short |
| Extended HOOD_24_5-USD | +0.0152% | 1h | 123.60 | +0.018% | $419K | $1.2M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0192% | 1h | 123.41 | −0.138% | $196K | $1.8M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0235% | 1h | 123.67 | +0.073% | $6K | $84K | 10x | as long as short |
| BloFin HOOD-USDT | +0.0271% | 8h | 123.63 | +0.040% | $188K | $123K | 20x | as long as short |
| tradeXYZ xyz:HOOD | +0.0293% | 1h | 123.60 | +0.016% | $53.1M | $30.0M | 10x | as long as short |
| Phoenix HOOD | +0.0323% | 1h | 123.80 | +0.178% | $28K | $188K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0337% | 1h | 123.61 | +0.026% | $424K | $1.4M | 10x | as long as short |
| Arcus HOOD-USD | +0.0472% | 1h | 123.55 | −0.024% | $1.1M | $1.7M | 10x | as long as short |
| edgeX HOODUSDC | +0.0816% | 4h | 123.66 | +0.066% | $372K | $308K | 10x | as long as short |
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Lighter HOOD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
GRVT HOOD_USDT_Perp
Binance HOODUSDT
Extended HOOD_24_5-USD
Coinbase International HOOD-PERP-INTX
Deribit HOOD_USDC-PERPETUAL
BloFin HOOD-USDT
tradeXYZ xyz:HOOD
Phoenix HOOD
RISEx HOOD/USDC
Arcus HOOD-USD
edgeX HOODUSDC