HOOD

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0142%/8h= +15.5% APRnext payment +$0.18 per $10,000 · paid last 24h +0.009%

Price spread now: Coinbase International against tradeXYZ+0.100%7-day average −0.108% · you sell dearer than you buy

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$410.409% of the position

Long on tradeXYZ Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.023%+$2 on $10k

Price spread, last 4 days (all we have)−0.160%−$16 · spread now +0.100%, 7d avg −0.108%

Together, before fees−0.138%+ Points / potential airdroptradeXYZ: Active · farm board−$14 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Coinbase International is 0.208% dearer against tradeXYZ than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of −0.108%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:HOOD	120.55	0.0050	pay 0.0006% / 1h	31m 46s	$51.1M	$26.9M	10x
Short	Coinbase International HOOD-PERP-INTX	120.67	0.0192	get 0.0024% / 1h	31m 46s	$197K	$1.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against tradeXYZ. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee tradeXYZbpFee Coinbase InternationalbpOrdersPrice spread, now +0.100%Rate

Funding earned: $29.82
Price spread: +0.100% → −0.108%: $20.8
Slippage, 4 orders: −$12.9
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $9.73
Costs to cover: 0.409%
Break-even: 4.7 days

Slippage from tradeXYZ: live order book, 8 min ago; Coinbase International: live order book, 2 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, 8 min ago	0.83 bp	10.8 bp −$11	12.9 bp −$129	doesn't fit	doesn't fit
Sell Coinbase International live order book, 2 min ago	3.73 bp	9.6 bp −$10	15.2 bp −$152	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	120.48	−0.058%	$57K	$57K	30x	as long as short
Gate HOOD_USDT	−0.0176%	8h	120.60	+0.041%	$598K	$7.6M	50x	as long as short
Bitget HOODUSDT	−0.0095%	8h	120.65	+0.083%	$5.5M	$9.9M	20x	as long as short
Aster HOODUSDT	0.0000%	8h	120.58	+0.029%	$105K	$281K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	120.51	−0.034%	$356K	$2.2M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	120.58	+0.028%	$20.8M	$92.0M	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	120.58	+0.025%	$3.7M	$8.8M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	120.54	−0.008%	$2.7M	$6.2M	20x	as long as short
Variational Omni HOOD	0.0000%	8h	120.66	+0.088%	$2.2M	$1.0M	—	as long as short
GRVT HOOD_USDT_Perp	0.0000%	8h	120.58	+0.024%	$852K	$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	120.56	+0.008%	$986K	$8K	10x	as long as short
Polymarket Perps HOOD-USD	+0.0001%	1h	120.34	−0.174%	$251K	$345K	10x	as long as short
edgeX HOODUSDC	+0.0017%	4h	120.74	+0.157%	$363K	$304K	10x	as long as short
Vest HOOD-USD-PERP	+0.0020%	1h	120.36	−0.158%	—	$63K	25x	as long as short
Arcus HOOD-USD	+0.0040%	1h	120.52	−0.025%	$1.1M	$1.7M	10x	as long as short
QFEX HOOD-USD	+0.0046%	1h	120.55	0.000%	$1.3M	$2.9M	10x	as long as short
tradeXYZ xyz:HOODlong	+0.0050%	1h	120.55	long leg	$51.1M	$26.9M	10x
SoDEX HOOD-USD	+0.0050%	1h	120.52	−0.022%	$722	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	120.49	−0.050%	$1.3M	$1.4M	15x	as long as short
Lighter HOOD	+0.0088%	1h	120.54	−0.012%	$2.8M	$3.2M	10x	as long as short
Pacifica HOOD	+0.0100%	1h	120.57	+0.016%	$74K	$111K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	120.59	+0.033%	$1.3M	$1.4M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	120.50	−0.041%	$5K	$40K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	120.52	−0.025%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	120.50	−0.039%	$16K	—	10x	as long as short
BloFin HOOD-USDT	+0.0120%	8h	120.59	+0.033%	$173K	$170K	20x	as long as short
Coinbase International HOOD-PERP-INTXshort	+0.0192%	1h	120.67	+0.100%	$197K	$1.8M	10x
Phoenix HOOD	+0.0265%	1h	120.71	+0.133%	$28K	$238K	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	+0.0331%	1h	120.52	−0.025%	$6K	$52K	10x	as long as short
RISEx HOOD/USDC	+0.0479%	1h	120.61	+0.046%	$397K	$1.4M	10x	as long as short