Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h −0.053%
Price spread now: tradeXYZ against RISEx−0.019%7-day average −0.096% · 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−$24as in the Price arb table
costs, in and out, $10k−$320.317% of the position
Funding, last 4 days (all we have)−0.122%−$12 on $10k
+Price spread, last 5 days (all we have)−0.200%−$20 · spread now −0.019%, 7d avg −0.096%
=Together, before fees−0.322%+ Points / potential airdroptradeXYZ: Active · farm board−$32 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.077% dearer against RISEx than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.096%. Mind the row above: over the last 4 days funding on this pair cost −0.122%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx HOOD/USDC | 121.24 | 0 | get 0.0000% / 1h | 33m 05s | $397K | $1.4M | 10x |
| Short | tradeXYZ xyz:HOOD | 121.22 | 0.0050 | get 0.0006% / 1h | 33m 05s | $51.8M | $28.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against RISEx. 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
- $10.5
- Price spread: −0.019% → −0.096%
- $7.67
- Slippage, 4 orders
- −$7.73
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$13.56
- Costs to cover
- 0.317%
- Break-even
- 16.0 days
Slippage from RISEx: live order book, 1 min ago; tradeXYZ: 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 RISEx live order book, 1 min ago | 0.82 bp | 6.3 bp −$6 | 7.7 bp −$77 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 6 min ago | 0.41 bp | 11.1 bp −$11 | 13.9 bp −$139 | 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 | −0.159% | $58K | $57K | 30x | as long as short |
| Polymarket Perps HOOD-USD | −0.0132% | 1h | 121.12 | −0.102% | $251K | $344K | 10x | as long as short |
| Gate HOOD_USDT | −0.0041% | 8h | 121.32 | +0.063% | $575K | $7.7M | 50x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.28 | +0.031% | $106K | $280K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.27 | +0.024% | $358K | $1.3M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.33 | +0.072% | $20.9M | $90.9M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.33 | +0.071% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.30 | +0.047% | $2.7M | $6.0M | 20x | as long as short |
| RISEx HOOD/USDClong | 0.0000% | 1h | 121.24 | long leg | $397K | $1.4M | 10x | |
| Bitget HOODUSDT | 0.0000% | 8h | 121.39 | +0.121% | $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 | −0.020% | $2.3M | $1.1M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 121.30 | +0.045% | $856K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.36 | +0.096% | $993K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0021% | 1h | 121.09 | −0.127% | — | $62K | 25x | as long as short |
| QFEX HOOD-USD | +0.0029% | 1h | 121.24 | −0.003% | $1.3M | $3.6M | 10x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 121.27 | +0.020% | $2.8M | $3.1M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.18 | −0.052% | $1.1M | $1.7M | 10x | as long as short |
| tradeXYZ xyz:HOODshort | +0.0050% | 1h | 121.22 | −0.019% | $51.8M | $28.2M | 10x | |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.25 | +0.006% | $732 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.17 | −0.061% | $1.2M | $1.5M | 15x | as long as short |
| edgeX HOODUSDC | +0.0083% | 4h | 121.27 | +0.020% | $365K | $305K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0096% | 1h | 121.10 | −0.118% | $193K | $1.9M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.26 | +0.017% | $68K | $105K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.33 | +0.071% | $1.3M | $1.2M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.26 | +0.014% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.24 | −0.003% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.25 | +0.005% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 121.31 | +0.055% | $175K | $162K | 20x | as long as short |
| Phoenix HOOD | +0.0132% | 1h | 121.27 | +0.022% | $27K | $238K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0245% | 1h | 121.27 | +0.022% | $7K | $55K | 10x | as long as short |
RISEx HOOD/USDC
tradeXYZ xyz:HOOD
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
Phemex HOODUSDT
Lighter HOOD
SoDEX HOOD-USD
edgeX HOODUSDC
Coinbase International HOOD-PERP-INTX
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
BloFin HOOD-USDT
Phoenix HOOD
Deribit HOOD_USDC-PERPETUAL