HOOD

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0021%/8h= +2.3% APRnext payment +$0.03 per $10,000 · paid last 24h +0.024%

Price spread now: tradeXYZ against QFEX−0.066%7-day average −0.031% · 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−$40as in the Price arb table

costs, in and out, $10k−$370.367% of the position

Long on QFEX Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.037%+$4 on $10k

Price spread, last 7 days+0.047%+$5 · spread now −0.066%, 7d avg −0.031%

Together, before fees+0.084%+ Points / potential airdroptradeXYZ: Active · farm board+$8 on $10k · with fees, hour by hour

Funding pays, the price is against you. tradeXYZ is 0.035% cheaper against QFEX than usual: you would sell low and buy high (spread −0.066% now, against its 7-day average of −0.031%). If the spread goes back, that is −$4 on $10k: about 5.5 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX HOOD-USD	121.53	0.0029	pay 0.0004% / 1h	11m 38s	$1.3M	$3.6M	10x
Short	tradeXYZ xyz:HOOD	121.45	0.0050	get 0.0006% / 1h	11m 38s	$51.7M	$28.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ against QFEX. 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 QFEXbpFee tradeXYZbpOrdersPrice spread, now −0.066%Rate

Funding earned: $4.47
Price spread: −0.066% → −0.031%: −$3.52
Slippage, 4 orders: −$8.66
Fee QFEX: 5 bp × 2 orders: −$10
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$35.71
Costs to cover: 0.367%
Break-even: 62.9 days

Slippage from QFEX: live order book, 7 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 QFEX live order book, 7 min ago	2.47 bp	7.5 bp −$7	9.5 bp −$95	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 7 min ago	0.82 bp	10.8 bp −$11	14.0 bp −$140	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	121.28	−0.206%	$58K	$57K	30x	as long as short
Polymarket Perps HOOD-USD	−0.0104%	1h	121.30	−0.189%	$252K	$344K	10x	as long as short
Gate HOOD_USDT	−0.0064%	8h	121.54	+0.008%	$577K	$7.8M	50x	as long as short
Aster HOODUSDT	0.0000%	8h	121.47	−0.048%	$106K	$280K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	121.51	−0.020%	$361K	$1.3M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	121.54	+0.008%	$20.9M	$90.9M	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	121.50	−0.025%	$3.9M	$8.7M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	121.47	−0.049%	$2.7M	$6.0M	20x	as long as short
RISEx HOOD/USDC	0.0000%	1h	121.53	+0.004%	$396K	$1.4M	10x	as long as short
Bitget HOODUSDT	0.0000%	8h	121.56	+0.025%	$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	121.51	−0.013%	$2.3M	$1.1M	—	as long as short
GRVT HOOD_USDT_Perp	0.0000%	8h	121.52	−0.008%	$857K	$2.0M	10x	as long as short
Phemex HOODUSDT	0.0000%	8h	121.53	0.000%	$994K	$8K	10x	as long as short
Vest HOOD-USD-PERP	+0.0017%	1h	121.30	−0.189%	—	$63K	25x	as long as short
QFEX HOOD-USDlong	+0.0029%	1h	121.53	long leg	$1.3M	$3.6M	10x
Lighter HOOD	+0.0040%	1h	121.45	−0.063%	$2.8M	$3.1M	10x	as long as short
Arcus HOOD-USD	+0.0040%	1h	121.43	−0.082%	$1.1M	$1.7M	10x	as long as short
tradeXYZ xyz:HOODshort	+0.0050%	1h	121.45	−0.066%	$51.7M	$28.3M	10x
SoDEX HOOD-USD	+0.0050%	1h	121.49	−0.036%	$734	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	121.37	−0.132%	$1.2M	$1.5M	15x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0096%	1h	121.10	−0.354%	$193K	$1.9M	10x	as long as short
Pacifica HOOD	+0.0100%	1h	121.50	−0.026%	$68K	$105K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	121.54	+0.008%	$1.3M	$1.2M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	121.48	−0.041%	$5K	$41K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	121.47	−0.049%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	121.46	−0.057%	$16K	—	10x	as long as short
BloFin HOOD-USDT	+0.0120%	8h	121.52	−0.008%	$174K	$161K	20x	as long as short
Phoenix HOOD	+0.0132%	1h	121.41	−0.099%	$27K	$238K	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	+0.0656%	1h	121.49	−0.033%	$6K	$56K	10x	as long as short
edgeX HOODUSDC	+0.0768%	4h	121.50	−0.028%	$366K	$306K	10x	as long as short