Funding you earn now, next payment 02:00 UTC+0.0034%/8h= +3.7% APRpaid last 24h +0.003%
Price spread now: QFEX against Variational Omni−0.025%7-day average −0.049% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.014%−$1 on $10k
+Price spread, last 7 days+0.010%+$1 · spread now −0.025%, 7d avg −0.049%
=Together, before fees−0.004%+ Points / potential airdropVariational Omni: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.024% dearer against Variational Omni than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.049%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni HOOD | 121.96 | 0 | get 0.0000% / 8h | 6h 48m | $2.3M | $1.1M | — |
| Short | QFEX HOOD-USD | 121.93 | 0.0034 | get 0.0004% / 1h | 48m 04s | $1.3M | $4.0M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $7.07
- Price spread: −0.025% → −0.049%
- $2.38
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$0.54
- Costs to cover
- 0.100%
- Break-even
- 7.5 days
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; QFEX: live order book, 10 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, 1 min ago | 3.19 bp | doesn't fit | 20.8 bp −$208 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 10 min ago | 2.45 bp | 7.5 bp −$7 | 8.8 bp −$88 | 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 | −0.0130% | 1h | 121.71 | −0.206% | $253K | $344K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.90 | −0.054% | $107K | $273K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.82 | −0.119% | $361K | $1.4M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.85 | −0.094% | $21.3M | $90.6M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.88 | −0.066% | $3.9M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.84 | −0.099% | $2.8M | $5.9M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.89 | −0.054% | $374K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 121.86 | −0.083% | $564K | $7.6M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 121.92 | −0.034% | $5.4M | $9.5M | 20x | as long as short |
| Variational Omni HOODlong | 0.0000% | 8h | 121.96 | 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 | 122.01 | +0.040% | $854K | $1.9M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 121.84 | −0.099% | $7K | $68K | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.87 | −0.075% | $997K | $8K | 10x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 121.89 | −0.061% | $2.9M | $3.0M | 10x | as long as short |
| QFEX HOOD-USDshort | +0.0034% | 1h | 121.93 | −0.025% | $1.3M | $4.0M | 10x | |
| Vest HOOD-USD-PERP | +0.0036% | 1h | 121.82 | −0.116% | — | $63K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 122.01 | +0.040% | $1.1M | $1.8M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.89 | −0.062% | $734 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.98 | +0.016% | $1.2M | $1.6M | 15x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0064% | 1h | 121.95 | −0.009% | $197K | $1.9M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0071% | 1h | 121.85 | −0.091% | $52.5M | $27.9M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.01 | +0.041% | $68K | $111K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.87 | −0.075% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.02 | +0.048% | $5K | $94K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.85 | −0.091% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.83 | −0.111% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 122.00 | +0.032% | $182K | $162K | 20x | as long as short |
| Injective HOOD/USDC PERP | +0.0186% | 1h | 121.38 | −0.476% | $58K | $57K | 30x | as long as short |
| Phoenix HOOD | +0.0261% | 1h | 122.08 | +0.097% | $28K | $237K | 10x | as long as short |
| edgeX HOODUSDC | +0.0497% | 4h | 121.93 | −0.024% | $367K | $304K | 10x | as long as short |
Variational Omni HOOD
Polymarket Perps HOOD-USD
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Bitget HOODUSDT
GRVT HOOD_USDT_Perp
Deribit HOOD_USDC-PERPETUAL
Phemex HOODUSDT
Lighter HOOD
SoDEX HOOD-USD
Coinbase International HOOD-PERP-INTX
tradeXYZ xyz:HOOD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
BloFin HOOD-USDT
Injective HOOD/USDC PERP
Phoenix HOOD
edgeX HOODUSDC