Funding you earn now, next payment 08:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h +0.097%
Price spread now: edgeX against tradeXYZ+0.207%7-day average +0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$460.462% of the position
Funding, last 7 days+0.222%+$22 on $10k
+Price spread, last 4 days (all we have)+0.026%+$3 · spread now +0.207%, 7d avg +0.060%
=Together, before fees+0.248%+ Points / potential airdroptradeXYZ: Active · edgeX: Active · farm board+$25 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.147% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.207% now, against its 7-day average of +0.060%): +$15 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 15 days. Mind the row above: over the last 7 days funding on this pair paid +0.222%, 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 | 120.49 | 0.0050 | pay 0.0006% / 1h | 33m 01s | $51.1M | $26.9M | 10x |
| Short | edgeX HOODUSDC | 120.74 | 0.0017 | get 0.0008% / 4h | 33m 01s | $363K | $304K | 10x |
tradeXYZ xyz:HOOD
edgeX HOODUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$6.96
- Price spread: +0.207% → +0.060%
- $14.69
- Slippage, 4 orders
- −$19.16
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$38.43
- Costs to cover
- 0.462%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 6 min ago; edgeX: 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, 6 min ago | 0.83 bp | 10.8 bp −$11 | 12.9 bp −$129 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 5 min ago | 6.63 bp | 11.7 bp −$12 | 20.9 bp −$209 | 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 | −0.008% | $57K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0175% | 8h | 120.61 | +0.100% | $598K | $7.6M | 50x | as long as short |
| Bitget HOODUSDT | −0.0089% | 8h | 120.67 | +0.149% | $5.5M | $9.9M | 20x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.57 | +0.067% | $105K | $281K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.53 | +0.032% | $356K | $2.2M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 120.56 | +0.060% | $20.8M | $92.0M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 120.56 | +0.058% | $3.7M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.55 | +0.050% | $2.7M | $6.2M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 120.66 | +0.138% | $2.2M | $1.0M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 120.58 | +0.074% | $852K | $2.0M | 10x | as long as short |
Injective HOOD/USDC PERP
Gate HOOD_USDT
Bitget HOODUSDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Variational Omni HOOD
GRVT HOOD_USDT_PerpShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex HOODUSDT | 0.0000% | 8h | 120.58 | +0.075% | $987K | $8K | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0002% | 1h | 120.39 | −0.083% | $251K | $345K | 10x | as long as short |
| edgeX HOODUSDCshort | +0.0017% | 4h | 120.74 | +0.207% | $363K | $304K | 10x | |
| Vest HOOD-USD-PERP | +0.0019% | 1h | 120.40 | −0.075% | — | $63K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.57 | +0.066% | $1.1M | $1.7M | 10x | as long as short |
| QFEX HOOD-USD | +0.0046% | 1h | 120.58 | +0.075% | $1.3M | $2.9M | 10x | as long as short |
| tradeXYZ xyz:HOODlong | +0.0050% | 1h | 120.49 | long leg | $51.1M | $26.9M | 10x | |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.56 | +0.060% | $722 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.59 | +0.083% | $1.3M | $1.4M | 15x | as long as short |
| Lighter HOOD | +0.0088% | 1h | 120.55 | +0.047% | $2.8M | $3.2M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.55 | +0.052% | $74K | $111K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.59 | +0.083% | $1.3M | $1.4M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.50 | +0.008% | $5K | $40K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.58 | +0.075% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.55 | +0.046% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.59 | +0.083% | $173K | $170K | 20x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0192% | 1h | 120.67 | +0.149% | $197K | $1.8M | 10x | as long as short |
| Phoenix HOOD | +0.0265% | 1h | 120.71 | +0.183% | $28K | $238K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0479% | 1h | 120.64 | +0.122% | $397K | $1.4M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0580% | 1h | 120.58 | +0.075% | $6K | $52K | 10x | as long as short |
Phemex HOODUSDT
Polymarket Perps HOOD-USD
Vest HOOD-USD-PERP
Arcus HOOD-USD
QFEX HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Lighter HOOD
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