Funding you earn now, next payment 03:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h +0.059%
Price spread now: RISEx against tradeXYZ+0.099%7-day average +0.097% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$300.302% of the position
Funding, last 4 days (all we have)+0.123%+$12 on $10k
+Price spread, last 5 days (all we have)+0.126%+$13 · spread now +0.099%, 7d avg +0.097%
=Together, before fees+0.249%+ Points / potential airdroptradeXYZ: Active · farm board+$25 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.097%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair paid +0.123%, 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 | 121.78 | 0.0050 | pay 0.0006% / 1h | 21m 34s | $52.1M | $28.1M | 10x |
| Short | RISEx HOOD/USDC | 121.90 | 0 | get 0.0000% / 1h | 21m 34s | $382K | $1.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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: +0.099% → +0.097%
- $0.19
- Slippage, 4 orders
- −$6.21
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$40.52
- Costs to cover
- 0.302%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 7 min ago; RISEx: 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, 7 min ago | 0.82 bp | 11.6 bp −$12 | 15.3 bp −$153 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 2 min ago | 0.82 bp | 3.8 bp −$4 | 5.6 bp −$56 | 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 | −0.0139% | 1h | 121.70 | −0.066% | $253K | $344K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.80 | +0.019% | $106K | $279K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.88 | +0.079% | $358K | $1.3M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.91 | +0.111% | $21.1M | $90.4M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.82 | +0.033% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.92 | +0.115% | $2.7M | $6.1M | 20x | as long as short |
| RISEx HOOD/USDCshort | 0.0000% | 1h | 121.90 | +0.099% | $382K | $1.4M | 10x | |
| Gate HOOD_USDT | 0.0000% | 8h | 121.90 | +0.099% | $580K | $7.7M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 121.90 | +0.099% | $5.4M | $9.6M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.69 | −0.074% | $2.3M | $1.1M | — | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 121.80 | +0.016% | $855K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.80 | +0.016% | $996K | $8K | 10x | as long as short |
| QFEX HOOD-USD | +0.0024% | 1h | 121.81 | +0.025% | $1.3M | $3.7M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0026% | 1h | 121.68 | −0.082% | — | $62K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.71 | −0.057% | $1.1M | $1.7M | 10x | as long as short |
| tradeXYZ xyz:HOODlong | +0.0050% | 1h | 121.78 | long leg | $52.1M | $28.1M | 10x | |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.80 | +0.013% | $734 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.63 | −0.123% | $1.2M | $1.5M | 15x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0056% | 1h | 121.54 | −0.197% | $194K | $1.9M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.79 | +0.009% | $68K | $108K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.81 | +0.025% | $1.3M | $1.2M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.77 | −0.008% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.80 | +0.016% | $2K | $2K | 10x | as long as short |
| Lighter HOOD | +0.0104% | 1h | 121.83 | +0.039% | $2.8M | $3.1M | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.76 | −0.014% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 121.79 | +0.008% | $174K | $159K | 20x | as long as short |
| Phoenix HOOD | +0.0197% | 1h | 121.71 | −0.057% | $28K | $239K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0325% | 1h | 121.78 | 0.000% | $7K | $68K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0345% | 1h | 121.36 | −0.345% | $58K | $57K | 30x | as long as short |
| edgeX HOODUSDC | +0.0376% | 4h | 121.69 | −0.076% | $366K | $304K | 10x | as long as short |
tradeXYZ xyz:HOOD
RISEx HOOD/USDC
Polymarket Perps HOOD-USD
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Gate HOOD_USDT
Bitget HOODUSDT
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
SoDEX HOOD-USD
Coinbase International HOOD-PERP-INTX
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Lighter HOOD
BloFin HOOD-USDT
Phoenix HOOD
Deribit HOOD_USDC-PERPETUAL
Injective HOOD/USDC PERP
edgeX HOODUSDC