Funding you earn now, next payment 01:00 UTC−0.0014%/8h= −1.6% APRpaid last 24h −0.014%
Price spread now: Bybit against QFEX+0.073%7-day average +0.028% · 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−$35as in the Price arb table
costs, in and out, $10k−$400.400% of the position
Funding, last 3 days (all we have)+0.045%+$4 on $10k
+Price spread, last 7 days−0.125%−$12 · spread now +0.073%, 7d avg +0.028%
=The price spread pays, funding is against you. Bybit is 0.045% dearer against QFEX than usual: you sell high and buy low (spread +0.073% now, against its 7-day average of +0.028%): +$5 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 11 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX HOOD-USD | 122.84 | 0.0014 | pay 0.0002% / 1h | 32m 59s | $1.3M | $4.2M | 10x |
| Short | Bybit HOODUSDT | 122.93 | 0 | get 0.0000% / 8h | 7h 32m | $3.9M | $8.7M | 25x |
QFEX HOOD-USD
Bybit HOODUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.073% → +0.028%
- $4.53
- Slippage, 4 orders
- −$19.01
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$38.49
- Costs to cover
- 0.400%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 5 min ago; Bybit: live order book, 5 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, 5 min ago | 1.63 bp | 6.9 bp −$7 | 9.8 bp −$98 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 1.22 bp | 12.7 bp −$13 | 38.5 bp −$385 | 910.3 bp −$91.0K | 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 | 122.85 | +0.006% | $108K | $268K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 122.85 | +0.012% | $362K | $1.6M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 122.91 | +0.057% | $21.9M | $89.2M | 20x | as long as short |
| Bybit HOODUSDTshort | 0.0000% | 8h | 122.93 | +0.073% | $3.9M | $8.7M | 25x | |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.90 | +0.049% | $2.9M | $5.9M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 122.86 | +0.015% | $382K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.87 | +0.024% | $576K | $7.8M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.91 | +0.057% | $5.6M | $9.5M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 122.87 | +0.021% | $2.4M | $1.1M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 122.83 | −0.008% | $862K | $2.0M | 10x | as long as short |
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance 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 | 122.88 | +0.033% | $8K | $69K | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 122.88 | +0.033% | $1.0M | $8K | 10x | as long as short |
| QFEX HOOD-USDlong | +0.0014% | 1h | 122.84 | long leg | $1.3M | $4.2M | 10x | |
| Arcus HOOD-USD | +0.0040% | 1h | 122.80 | −0.033% | $1.1M | $1.8M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0040% | 1h | 122.76 | −0.065% | — | $63K | 25x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 122.74 | −0.081% | $265K | $335K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.89 | +0.045% | $740 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.75 | −0.073% | $1.2M | $1.6M | 15x | as long as short |
| Lighter HOOD | +0.0088% | 1h | 122.91 | +0.054% | $2.9M | $2.1M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0096% | 1h | 122.34 | −0.407% | $202K | $1.9M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.81 | −0.022% | $71K | $110K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.86 | +0.016% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.80 | −0.033% | $5K | $107K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.88 | +0.033% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.87 | +0.027% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 122.88 | +0.033% | $181K | $125K | 20x | as long as short |
| tradeXYZ xyz:HOOD | +0.0163% | 1h | 122.86 | +0.016% | $52.7M | $27.7M | 10x | as long as short |
| Phoenix HOOD | +0.0196% | 1h | 122.91 | +0.057% | $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 | −0.002% | $370K | $308K | 10x | as long as short |
Deribit HOOD_USDC-PERPETUAL
Phemex HOODUSDT
Arcus HOOD-USD
Vest HOOD-USD-PERP
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