Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.039%
Price spread now: Bybit against tradeXYZ+0.066%7-day average +0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$470.471% of the position
Funding, last 7 days−0.071%−$7 on $10k
+Price spread, last 7 days−0.030%−$3 · spread now +0.066%, 7d avg +0.062%
=Together, before fees−0.101%+ Points / potential airdroptradeXYZ: Active · farm board−$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.062%, 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 | 120.73 | 0.0050 | pay 0.0006% / 1h | 48m 59s | $51.2M | $27.0M | 10x |
| Short | Bybit HOODUSDT | 120.81 | 0 | get 0.0000% / 8h | 48m 59s | $3.7M | $8.8M | 25x |
tradeXYZ xyz:HOOD
Bybit HOODUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.066% → +0.062%
- $0.46
- Slippage, 4 orders
- −$18.09
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$57.13
- Costs to cover
- 0.471%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 10 min ago; Bybit: live order book, 4 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, 10 min ago | 1.24 bp | 10.8 bp −$11 | 13.2 bp −$132 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 1.24 bp | 11.3 bp −$11 | 25.1 bp −$251 | 1003.6 bp −$100.4K | 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 | 120.38 | −0.290% | $57K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0175% | 8h | 120.84 | +0.091% | $601K | $7.6M | 50x | as long as short |
| Bitget HOODUSDT | −0.0104% | 8h | 120.85 | +0.099% | $5.5M | $9.9M | 20x | as long as short |
| Polymarket Perps HOOD-USD | −0.0030% | 1h | 120.65 | −0.066% | $251K | $345K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.81 | +0.067% | $106K | $281K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.82 | +0.078% | $356K | $2.2M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 120.85 | +0.102% | $20.8M | $92.0M | 20x | as long as short |
| Bybit HOODUSDTshort | 0.0000% | 8h | 120.81 | +0.066% | $3.7M | $8.8M | 25x | |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.83 | +0.083% | $2.7M | $6.2M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 120.66 | −0.057% | $2.2M | $1.0M | — | as long as short |
Injective HOOD/USDC PERP
Gate HOOD_USDT
Bitget HOODUSDT
Polymarket Perps HOOD-USD
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance 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 | 120.67 | −0.050% | $852K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 120.82 | +0.075% | $988K | $8K | 10x | as long as short |
| edgeX HOODUSDC | +0.0006% | 4h | 120.70 | −0.024% | $363K | $304K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0019% | 1h | 120.54 | −0.157% | — | $63K | 25x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 120.76 | +0.027% | $2.8M | $3.2M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.59 | −0.116% | $1.1M | $1.7M | 10x | as long as short |
| QFEX HOOD-USD | +0.0046% | 1h | 120.69 | −0.033% | $1.3M | $2.9M | 10x | as long as short |
| tradeXYZ xyz:HOODlong | +0.0050% | 1h | 120.73 | long leg | $51.2M | $27.0M | 10x | |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.74 | +0.007% | $723 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.55 | −0.149% | $1.2M | $1.4M | 15x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.72 | −0.008% | $74K | $111K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.72 | −0.008% | $1.3M | $1.3M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.58 | −0.124% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.75 | +0.017% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.77 | +0.030% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.70 | −0.025% | $174K | $166K | 20x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0192% | 1h | 120.67 | −0.050% | $197K | $1.8M | 10x | as long as short |
| Phoenix HOOD | +0.0265% | 1h | 120.65 | −0.066% | $28K | $238K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0479% | 1h | 120.77 | +0.029% | $397K | $1.4M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0496% | 1h | 120.78 | +0.041% | $6K | $52K | 10x | as long as short |
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
edgeX HOODUSDC
Vest HOOD-USD-PERP
Lighter HOOD
Arcus HOOD-USD
QFEX HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
BloFin HOOD-USDT
Coinbase International HOOD-PERP-INTX
Phoenix HOOD
RISEx HOOD/USDC
Deribit HOOD_USDC-PERPETUAL