Funding you earn now, next payment 02:00 UTC−0.0036%/8h= −3.9% APRnext payment −$0.04 per $10,000 · paid last 24h +0.005%
Price spread now: Arcus against tradeXYZ−0.049%7-day average +0.002% · 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−$48as in the Price arb table
costs, in and out, $10k−$430.431% of the position
Funding, last 3 days (all we have)+0.078%+$8 on $10k
+Price spread, last 7 days+0.084%+$8 · spread now −0.049%, 7d avg +0.002%
=Together, before fees+0.162%+ Points / potential airdroptradeXYZ: Active · farm board+$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Arcus is 0.051% cheaper against tradeXYZ than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.002%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.078%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:HOOD | 121.69 | 0.0076 | pay 0.0010% / 1h | 34m 02s | $52.5M | $28.0M | 10x |
| Short | Arcus HOOD-USD | 121.63 | 0.0040 | get 0.0005% / 1h | 34m 02s | $1.1M | $1.7M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against tradeXYZ. 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
- −$7.56
- Price spread: −0.049% → +0.002%
- −$5.13
- Slippage, 4 orders
- −$20.58
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$55.77
- Costs to cover
- 0.431%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 4 min ago; Arcus: 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 tradeXYZ live order book, 4 min ago | 1.23 bp | 11.4 bp −$11 | 13.8 bp −$138 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 5 min ago | 2.06 bp | 10.8 bp −$11 | 14.7 bp −$147 | doesn't fit | doesn't fit |
HOOD on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps HOOD-USD | −0.0119% | 1h | 121.52 | −0.140% | $252K | $344K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.70 | +0.009% | $107K | $273K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.73 | +0.035% | $358K | $1.4M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.77 | +0.066% | $21.1M | $90.8M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.77 | +0.066% | $3.9M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.77 | +0.066% | $2.8M | $5.9M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.72 | +0.021% | $374K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 121.78 | +0.074% | $577K | $7.7M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 121.82 | +0.107% | $5.4M | $9.6M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.75 | +0.046% | $2.3M | $1.1M | — | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 121.45 | −0.199% | $853K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.74 | +0.041% | $996K | $8K | 10x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 121.72 | +0.028% | $2.9M | $3.0M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0033% | 1h | 121.51 | −0.148% | — | $63K | 25x | as long as short |
| QFEX HOOD-USD | +0.0034% | 1h | 121.66 | −0.025% | $1.3M | $4.0M | 10x | as long as short |
| Arcus HOOD-USDshort | +0.0040% | 1h | 121.63 | −0.049% | $1.1M | $1.7M | 10x | |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.70 | +0.012% | $733 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.60 | −0.074% | $1.2M | $1.6M | 15x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0064% | 1h | 121.42 | −0.222% | $196K | $1.9M | 10x | as long as short |
| tradeXYZ xyz:HOODlong | +0.0076% | 1h | 121.69 | long leg | $52.5M | $28.0M | 10x | |
| Pacifica HOOD | +0.0100% | 1h | 121.74 | +0.041% | $68K | $111K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.68 | −0.008% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.55 | −0.115% | $5K | $92K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.69 | 0.000% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.69 | 0.000% | $16K | — | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0186% | 1h | 121.38 | −0.255% | $58K | $57K | 30x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0243% | 1h | 121.71 | +0.016% | $7K | $68K | 10x | as long as short |
| Phoenix HOOD | +0.0261% | 1h | 121.63 | −0.049% | $28K | $237K | 10x | as long as short |
| edgeX HOODUSDC | +0.0374% | 4h | 121.36 | −0.273% | $365K | $304K | 10x | as long as short |
tradeXYZ xyz:HOOD
Polymarket Perps HOOD-USD
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
Lighter HOOD
SoDEX HOOD-USD
Coinbase International HOOD-PERP-INTX
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Injective HOOD/USDC PERP
Deribit HOOD_USDC-PERPETUAL
Phoenix HOOD
edgeX HOODUSDC