Funding you earn now, next payment 05:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.032%
Price spread now: Arcus against Variational Omni−0.085%7-day average −0.080% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.090%+$9 on $10k
+Price spread, last 7 days+0.021%+$2 · spread now −0.085%, 7d avg −0.080%
=Together, before fees+0.111%+ Points / potential airdropVariational Omni: Active · farm board+$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.080%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni HOOD | 121.51 | 0 | get 0.0000% / 8h | 3h 51m | $2.3M | $1.1M | — |
| Short | Arcus HOOD-USD | 121.41 | 0.0040 | get 0.0005% / 1h | 51m 25s | $1.1M | $1.7M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Variational Omni. 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
- $8.46
- Price spread: −0.085% → −0.080%
- −$0.56
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $3.4
- Costs to cover
- 0.045%
- Break-even
- 4.2 days
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Arcus: live order book, 3 min ago. Net counts fees only.
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 Variational Omni RFQ quote, 3 min ago | 3.21 bp | doesn't fit | 24.5 bp −$245 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 3 min ago | 0.41 bp | 9.6 bp −$10 | 13.6 bp −$136 | 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 | 121.21 | −0.250% | $58K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0094% | 8h | 121.35 | −0.135% | $575K | $7.6M | 50x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.32 | −0.155% | $106K | $280K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.25 | −0.221% | $357K | $1.4M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.28 | −0.191% | $20.8M | $91.0M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.32 | −0.159% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.33 | −0.151% | $2.7M | $6.0M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.31 | −0.172% | $390K | $1.4M | 10x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 121.39 | −0.102% | $5.4M | $9.6M | 20x | as long as short |
| Variational Omni HOODlong | 0.0000% | 8h | 121.51 | long leg | $2.3M | $1.1M | — |
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 | 121.50 | −0.011% | $850K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.46 | −0.044% | $994K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0016% | 1h | 121.15 | −0.299% | — | $63K | 25x | as long as short |
| Polymarket Perps HOOD-USD | +0.0019% | 1h | 121.10 | −0.340% | $251K | $344K | 10x | as long as short |
| QFEX HOOD-USD | +0.0022% | 1h | 121.26 | −0.209% | $1.3M | $3.5M | 10x | as long as short |
| Arcus HOOD-USDshort | +0.0040% | 1h | 121.41 | −0.085% | $1.1M | $1.7M | 10x | |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.21 | −0.250% | $51.6M | $28.3M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.40 | −0.091% | $733 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.26 | −0.209% | $1.2M | $1.5M | 15x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.34 | −0.141% | $68K | $109K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.31 | −0.168% | $1.3M | $1.2M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.41 | −0.085% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.29 | −0.184% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.25 | −0.216% | $16K | — | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0120% | 1h | 121.10 | −0.340% | $193K | $1.9M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 121.49 | −0.020% | $175K | $160K | 20x | as long as short |
| Phoenix HOOD | +0.0132% | 1h | 121.47 | −0.036% | $28K | $238K | 10x | as long as short |
| Lighter HOOD | +0.0224% | 1h | 121.43 | −0.067% | $2.8M | $3.1M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0409% | 1h | 121.43 | −0.069% | $6K | $57K | 10x | as long as short |
| edgeX HOODUSDC | +0.0560% | 4h | 121.49 | −0.020% | $366K | $304K | 10x | as long as short |
Variational Omni HOOD
Injective HOOD/USDC PERP
Gate HOOD_USDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Bitget HOODUSDT
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Polymarket Perps HOOD-USD
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Coinbase International HOOD-PERP-INTX
BloFin HOOD-USDT
Phoenix HOOD
Lighter HOOD
Deribit HOOD_USDC-PERPETUAL
edgeX HOODUSDC