Funding you earn now, next payment 05:00 UTC+0.0060%/8h= +6.5% APRnext payment +$0.07 per $10,000 · paid last 24h −0.013%
Price spread now: Pacifica against Arcus+0.071%7-day average +0.038% · 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−$32as in the Price arb table
costs, in and out, $10k−$350.353% of the position
Funding, last 4 days (all we have)−0.034%−$3 on $10k
+Price spread, last 4 days (all we have)+0.007%+$1 · spread now +0.071%, 7d avg +0.038%
=Together, before fees−0.027%+ Points / potential airdropPacifica: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Pacifica is 0.033% dearer against Arcus than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus HOOD-USD | 121.11 | 0.0040 | pay 0.0005% / 1h | 16m 29s | $1.1M | $1.7M | 10x |
| Short | Pacifica HOOD | 121.20 | 0.0100 | get 0.0013% / 1h | 16m 29s | $68K | $107K | 10x |
Arcus HOOD-USD
Pacifica HOODFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Arcus. 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
- $12.54
- Price spread: +0.071% → +0.038%
- $3.3
- Slippage, 4 orders
- −$22.82
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$19.47
- Costs to cover
- 0.353%
- Break-even
- 17.9 days
Slippage from Arcus: live order book, 3 min ago; Pacifica: live order book, 36 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 Arcus live order book, 3 min ago | 0.41 bp | 11.0 bp −$11 | 16.2 bp −$162 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 36 min ago | 2.02 bp | 9.0 bp −$9 | doesn't fit | 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 | 120.88 | −0.190% | $58K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0125% | 8h | 121.25 | +0.116% | $572K | $7.7M | 50x | as long as short |
| Bitget HOODUSDT | −0.0109% | 8h | 121.25 | +0.116% | $5.4M | $9.7M | 20x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.07 | −0.036% | $106K | $280K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.19 | +0.068% | $360K | $1.4M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.23 | +0.099% | $20.8M | $91.3M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.22 | +0.091% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.23 | +0.099% | $2.7M | $6.0M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.23 | +0.099% | $383K | $1.4M | 10x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.18 | +0.057% | $2.3M | $1.1M | — | 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
RISEx HOOD/USDC
Variational Omni HOODShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 121.17 | +0.050% | $849K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.23 | +0.099% | $992K | $9K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0016% | 1h | 120.99 | −0.099% | — | $63K | 25x | as long as short |
| QFEX HOOD-USD | +0.0022% | 1h | 121.21 | +0.083% | $1.3M | $3.2M | 10x | as long as short |
| Arcus HOOD-USDlong | +0.0040% | 1h | 121.11 | long leg | $1.1M | $1.7M | 10x | |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.12 | +0.008% | $51.3M | $28.4M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 121.00 | −0.091% | $251K | $344K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.21 | +0.079% | $728 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.12 | +0.008% | $1.2M | $1.5M | 15x | as long as short |
| Pacifica HOODshort | +0.0100% | 1h | 121.20 | +0.071% | $68K | $107K | 10x | |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.18 | +0.058% | $1.3M | $1.2M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.12 | +0.008% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.18 | +0.058% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.16 | +0.039% | $16K | — | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0120% | 1h | 121.10 | −0.008% | $193K | $1.9M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 121.19 | +0.066% | $174K | $159K | 20x | as long as short |
| Phoenix HOOD | +0.0132% | 1h | 121.18 | +0.058% | $28K | $238K | 10x | as long as short |
| Lighter HOOD | +0.0184% | 1h | 121.13 | +0.014% | $2.8M | $3.2M | 10x | as long as short |
| edgeX HOODUSDC | +0.0547% | 4h | 121.10 | −0.005% | $364K | $304K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.1072% | 1h | 121.18 | +0.058% | $6K | $54K | 10x | as long as short |
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Vest HOOD-USD-PERP
QFEX HOOD-USD
tradeXYZ xyz:HOOD
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
Coinbase International HOOD-PERP-INTX
BloFin HOOD-USDT
Phoenix HOOD
Lighter HOOD
edgeX HOODUSDC
Deribit HOOD_USDC-PERPETUAL