Funding you earn now, next payment 04:00 UTC−0.0029%/8h= −3.1% APRnext payment −$0.04 per $10,000 · paid last 24h +0.077%
Price spread now: RISEx against QFEX+0.020%58s7-day average +0.061% · 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—prices read too far apart to compare
costs, in and out, $10k−$230.227% of the position
Funding, last 4 days (all we have)+0.160%+$16 on $10k
+Price spread, last 5 days (all we have)+0.190%+$19 · spread now +0.020%, 7d avg +0.061%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and RISEx is 0.041% cheaper against QFEX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.061%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.160%, so the current rate has only just turned against you. The two prices were read 58 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 | 121.27 | 0.0029 | pay 0.0004% / 1h | 35m 45s | $1.3M | $3.6M | 10x |
| Short | RISEx HOOD/USDC | 121.29 | 0 | get 0.0000% / 1h | 35m 45s | $397K | $1.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- −$6.03
- Price spread: +0.020% → +0.061%
- −$4.12
- Slippage, 4 orders
- −$6.65
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$32.81
- Costs to cover
- 0.227%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 12 min ago; RISEx: live order book, 3 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, 12 min ago | 1.65 bp | 6.7 bp −$7 | 8.6 bp −$86 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 3 min ago | 1.65 bp | 4.6 bp −$5 | 5.6 bp −$56 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective HOOD/USDC PERP | −0.0440% | 1h | 121.05 | −0.181% | $58K | $57K | 30x | as long as short |
| Polymarket Perps HOOD-USD | −0.0132% | 1h | 121.09 | −0.148% | $251K | $344K | 10x | as long as short |
| Gate HOOD_USDT | −0.0031% | 8h | 121.29 | +0.016% | $572K | $7.7M | 50x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.32 | +0.038% | $106K | $280K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.27 | 0.000% | $358K | $1.3M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.30 | +0.024% | $21.0M | $90.8M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.29 | +0.016% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.25 | −0.016% | $2.7M | $6.0M | 20x | as long as short |
| RISEx HOOD/USDCshort | 0.0000% | 1h | 121.29 | +0.020% | $397K | $1.4M | 10x | |
| Bitget HOODUSDT | 0.0000% | 8h | 121.31 | +0.033% | $5.4M | $9.6M | 20x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni HOOD | 0.0000% | 8h | 121.22 | −0.042% | $2.3M | $1.1M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 121.35 | +0.068% | $849K | $2.0M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 121.25 | −0.016% | $7K | $55K | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.29 | +0.016% | $992K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0021% | 1h | 121.11 | −0.132% | — | $62K | 25x | as long as short |
| QFEX HOOD-USDlong | +0.0029% | 1h | 121.27 | long leg | $1.3M | $3.6M | 10x | |
| Lighter HOOD | +0.0032% | 1h | 121.27 | −0.003% | $2.8M | $3.1M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.20 | −0.058% | $1.1M | $1.7M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.25 | −0.016% | $51.8M | $28.1M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.22 | −0.045% | $732 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.19 | −0.066% | $1.2M | $1.5M | 15x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0096% | 1h | 121.54 | +0.223% | $194K | $1.9M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.30 | +0.024% | $68K | $105K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.38 | +0.091% | $1.3M | $1.2M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.27 | 0.000% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.25 | −0.016% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.23 | −0.035% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 121.27 | 0.000% | $175K | $162K | 20x | as long as short |
| Phoenix HOOD | +0.0132% | 1h | 121.34 | +0.058% | $27K | $238K | 10x | as long as short |
| edgeX HOODUSDC | +0.0377% | 4h | 121.34 | +0.055% | $365K | $304K | 10x | as long as short |
RISEx HOOD/USDC
Injective HOOD/USDC PERP
Polymarket Perps HOOD-USD
Gate HOOD_USDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Bitget HOODUSDT
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Deribit HOOD_USDC-PERPETUAL
Phemex HOODUSDT
Lighter HOOD
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Coinbase International HOOD-PERP-INTX
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
BloFin HOOD-USDT
Phoenix HOOD
edgeX HOODUSDC