Funding you earn now, next payment 06:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.038%
Price spread now: Aster against tradeXYZ+0.035%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1221.224% of the position
Funding, last 7 days−0.189%−$19 on $10k
+Price spread, last 4 days (all we have)+0.020%+$2 · spread now +0.035%, 7d avg +0.047%
=Together, before fees−0.169%+ Points / potential airdroptradeXYZ: Active · Aster: Stage 5 · farm board−$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.047%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:HOOD | 120.94 | 0.0050 | pay 0.0006% / 1h | 45m 32s | $51.2M | $28.3M | 10x |
| Short | Aster HOODUSDT | 120.98 | 0 | get 0.0000% / 8h | 2h 45m | $106K | $280K | 20x |
tradeXYZ xyz:HOOD
Aster HOODUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- −$10.5
- Price spread: +0.035% → +0.047%
- −$1.2
- Slippage, 4 orders
- −$96.41
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$134.11
- Costs to cover
- 1.224%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 4 min ago; Aster: live order book, 1 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 | 0.83 bp | 10.9 bp −$11 | 12.5 bp −$125 | doesn't fit | doesn't fit |
| Sell Aster live order book, 1 min ago | 7.03 bp | 46.1 bp −$46 | doesn't fit | 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 | 120.64 | −0.248% | $57K | $57K | 30x | as long as short |
| Bitget HOODUSDT | −0.0171% | 8h | 121.02 | +0.066% | $5.4M | $9.8M | 20x | as long as short |
| Gate HOOD_USDT | −0.0158% | 8h | 120.98 | +0.033% | $582K | $7.6M | 50x | as long as short |
| Polymarket Perps HOOD-USD | −0.0027% | 1h | 120.77 | −0.141% | $251K | $344K | 10x | as long as short |
| Aster HOODUSDTshort | 0.0000% | 8h | 120.98 | +0.035% | $106K | $280K | 20x | |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.95 | +0.012% | $358K | $1.4M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 120.99 | +0.044% | $20.7M | $91.5M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 120.98 | +0.033% | $3.8M | $8.9M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.99 | +0.041% | $2.7M | $6.1M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 120.92 | −0.013% | $2.3M | $1.1M | — | as long as short |
Injective HOOD/USDC PERP
Bitget HOODUSDT
Gate HOOD_USDT
Polymarket Perps HOOD-USD
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Variational Omni HOODShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 121.05 | +0.090% | $849K | $2.0M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 120.92 | −0.017% | $6K | $55K | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.01 | +0.058% | $990K | $9K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0012% | 1h | 120.81 | −0.107% | — | $63K | 25x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 120.93 | −0.006% | $2.8M | $3.2M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.92 | −0.017% | $1.1M | $1.7M | 10x | as long as short |
| tradeXYZ xyz:HOODlong | +0.0050% | 1h | 120.94 | long leg | $51.2M | $28.3M | 10x | |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.94 | 0.000% | $724 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.94 | 0.000% | $1.2M | $1.5M | 15x | as long as short |
| QFEX HOOD-USD | +0.0053% | 1h | 121.01 | +0.058% | $1.3M | $3.1M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.94 | −0.001% | $67K | $107K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.95 | +0.008% | $1.3M | $1.3M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.99 | +0.041% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.93 | −0.008% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.89 | −0.040% | $16K | — | 10x | as long as short |
| RISEx HOOD/USDC | +0.0109% | 1h | 121.01 | +0.061% | $382K | $1.4M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 121.09 | +0.124% | $175K | $162K | 20x | as long as short |
| Phoenix HOOD | +0.0132% | 1h | 120.99 | +0.041% | $28K | $238K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0184% | 1h | 120.77 | −0.141% | $193K | $1.8M | 10x | as long as short |
| edgeX HOODUSDC | +0.0584% | 4h | 121.04 | +0.085% | $364K | $305K | 10x | as long as short |
GRVT HOOD_USDT_Perp
Deribit HOOD_USDC-PERPETUAL
Phemex HOODUSDT
Vest HOOD-USD-PERP
Lighter HOOD
Arcus HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
QFEX HOOD-USD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
RISEx HOOD/USDC
BloFin HOOD-USDT
Phoenix HOOD
Coinbase International HOOD-PERP-INTX
edgeX HOODUSDC