Funding you earn now, next payment 01:00 UTC+0.0117%/8h= +12.8% APRnext payment +$0.15 per $10,000 · paid last 24h +0.017%
Price spread now: tradeXYZ against SoDEX−0.041%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. tradeXYZ is 0.041% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.041% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 28 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX HOOD-USD | 122.38 | 0.0050 | pay 0.0006% / 1h | 59m 42s | $737 | $4K | 10x |
| Short | tradeXYZ xyz:HOOD | 122.33 | 0.0167 | get 0.0021% / 1h | 59m 42s | $52.4M | $27.8M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against SoDEX. 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
- $24.56
- Price spread: −0.041% → 0.000%
- −$4.09
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$5.53
- Costs to cover
- 0.260%
- Break-even
- 8.6 days
Slippage unknown: SoDEX: no order-book sample; tradeXYZ: live order book, 10 min ago. Net counts fees only.
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 SoDEX no order-book sample | — | — | — | — | — |
| Sell tradeXYZ live order book, 10 min ago | 0.41 bp | 11.7 bp −$12 | 15.4 bp −$154 | doesn't fit | doesn't fit |
SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 122.26 | −0.098% | $107K | $268K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 122.33 | −0.041% | $364K | $1.4M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 122.36 | −0.020% | $21.8M | $89.7M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 122.33 | −0.041% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.33 | −0.041% | $2.9M | $5.9M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 122.34 | −0.030% | $376K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.39 | +0.008% | $569K | $7.5M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.40 | +0.016% | $5.5M | $9.5M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 122.45 | +0.060% | $2.3M | $1.1M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 122.73 | +0.286% | $866K | $2.0M | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex HOODUSDT | 0.0000% | 8h | 122.33 | −0.041% | $1.0M | $8K | 10x | as long as short |
| QFEX HOOD-USD | +0.0014% | 1h | 122.41 | +0.025% | $1.3M | $4.0M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0038% | 1h | 122.28 | −0.082% | — | $63K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 122.50 | +0.098% | $1.1M | $1.8M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 122.28 | −0.082% | $254K | $345K | 10x | as long as short |
| SoDEX HOOD-USDlong | +0.0050% | 1h | 122.38 | long leg | $737 | $4K | 10x | |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.28 | −0.082% | $1.2M | $1.6M | 15x | as long as short |
| Lighter HOOD | +0.0056% | 1h | 122.35 | −0.025% | $2.8M | $2.1M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0096% | 1h | 122.51 | +0.106% | $207K | $1.9M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.34 | −0.034% | $71K | $108K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.35 | −0.025% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.56 | +0.147% | $5K | $107K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.41 | +0.025% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.39 | +0.012% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 122.42 | +0.033% | $181K | $161K | 20x | as long as short |
| tradeXYZ xyz:HOODshort | +0.0167% | 1h | 122.33 | −0.041% | $52.4M | $27.8M | 10x | |
| Phoenix HOOD | +0.0196% | 1h | 122.60 | +0.180% | $28K | $239K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0213% | 1h | 122.93 | +0.449% | $63K | $49K | 30x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0322% | 1h | 122.42 | +0.033% | $8K | $69K | 10x | as long as short |
| edgeX HOODUSDC | +0.0389% | 4h | 122.58 | +0.163% | $369K | $305K | 10x | as long as short |
SoDEX HOOD-USD
tradeXYZ xyz:HOOD
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Bitget HOODUSDT
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Polymarket Perps HOOD-USD
Lighter HOOD
Coinbase International HOOD-PERP-INTX
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
BloFin HOOD-USDT
Phoenix HOOD
Injective HOOD/USDC PERP
Deribit HOOD_USDC-PERPETUAL
edgeX HOODUSDC