Funding you earn now, next payment 00:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.008%
Price spread now: Gate against tradeXYZ+0.049%7-day average +0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$720.717% of the position
Funding, last 7 days−0.165%−$16 on $10k
+Price spread, last 7 days+0.020%+$2 · spread now +0.049%, 7d avg +0.070%
=Together, before fees−0.145%+ Points / potential airdroptradeXYZ: Active · farm board−$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.022% cheaper against tradeXYZ than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.070%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:HOOD | 122.88 | 0.0050 | pay 0.0006% / 1h | 36m 06s | $52.7M | $29.7M | 10x |
| Short | Gate HOOD_USDT | 122.94 | 0 | get 0.0000% / 8h | 36m 06s | $568K | $7.8M | 50x |
tradeXYZ xyz:HOOD
Gate HOOD_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.049% → +0.070%
- −$2.16
- Slippage, 4 orders
- −$38.69
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$84.35
- Costs to cover
- 0.717%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 3 min ago; Gate: 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, 3 min ago | 0.41 bp | 12.3 bp −$12 | 14.9 bp −$149 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 0.41 bp | 27.4 bp −$27 | 67.3 bp −$673 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps HOOD-USD | −0.0106% | 1h | 122.78 | −0.081% | $270K | $332K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 122.83 | −0.041% | $109K | $263K | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 122.91 | +0.024% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.99 | +0.090% | $2.9M | $5.8M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 122.88 | +0.002% | $387K | $1.4M | 10x | as long as short |
| Gate HOOD_USDTshort | 0.0000% | 8h | 122.94 | +0.049% | $568K | $7.8M | 50x | |
| Bitget HOODUSDT | 0.0000% | 8h | 122.95 | +0.057% | $5.6M | $9.6M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 122.93 | +0.041% | $2.4M | $1.1M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 122.84 | −0.032% | $868K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 122.96 | +0.065% | $1.0M | $8K | 10x | as long as short |
Polymarket Perps HOOD-USD
Aster HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Bitget HOODUSDT
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Phemex HOODUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance HOODUSDT | +0.0007% | 8h | 122.92 | +0.036% | $22.0M | $88.4M | 20x | as long as short |
| Injective HOOD/USDC PERP | +0.0008% | 1h | 122.91 | +0.024% | $63K | $50K | 30x | as long as short |
| Extended HOOD_24_5-USD | +0.0008% | 1h | 122.89 | +0.010% | $411K | $1.1M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0008% | 1h | 122.84 | −0.033% | $199K | $1.9M | 10x | as long as short |
| QFEX HOOD-USD | +0.0027% | 1h | 122.87 | −0.008% | $1.3M | $4.2M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0029% | 8h | 122.88 | 0.000% | $183K | $124K | 20x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 122.84 | −0.028% | $2.9M | $2.2M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 122.84 | −0.033% | $1.1M | $1.7M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0046% | 1h | 122.77 | −0.090% | — | $63K | 25x | as long as short |
| tradeXYZ xyz:HOODlong | +0.0050% | 1h | 122.88 | long leg | $52.7M | $29.7M | 10x | |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.86 | −0.018% | $737 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.88 | 0.000% | $1.2M | $1.7M | 15x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0076% | 1h | 122.89 | +0.008% | $8K | $70K | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.92 | +0.031% | $71K | $114K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.91 | +0.024% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.82 | −0.049% | $5K | $135K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.84 | −0.033% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.86 | −0.014% | $16K | — | 10x | as long as short |
| Phoenix HOOD | +0.0196% | 1h | 122.86 | −0.016% | $28K | $239K | 10x | as long as short |
| edgeX HOODUSDC | +0.0446% | 4h | 122.81 | −0.055% | $369K | $307K | 10x | as long as short |
Binance HOODUSDT
Injective HOOD/USDC PERP
Extended HOOD_24_5-USD
Coinbase International HOOD-PERP-INTX
QFEX HOOD-USD
BloFin HOOD-USDT
Lighter HOOD
Arcus HOOD-USD
Vest HOOD-USD-PERP
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Deribit HOOD_USDC-PERPETUAL
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
Phoenix HOOD
edgeX HOODUSDC