Funding you earn now, next payment 02:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.032%
Price spread now: Variational Omni against Arcus+0.085%7-day average +0.078% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.088%−$9 on $10k
+Price spread, last 7 days−0.095%−$9 · spread now +0.085%, 7d avg +0.078%
=Together, before fees−0.183%+ Points / potential airdropVariational Omni: Active · farm board−$18 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.078%, 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 | Arcus HOOD-USD | 122.35 | 0.0040 | pay 0.0005% / 1h | 57m 38s | $1.1M | $1.8M | 10x |
| Short | Variational Omni HOOD | 122.45 | 0 | get 0.0000% / 8h | 6h 57m | $2.3M | $1.1M | — |
Arcus HOOD-USD
Variational Omni HOODFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$8.46
- Price spread: +0.085% → +0.078%
- $0.62
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$12.34
- Costs to cover
- 0.045%
- Break-even
- never at this rate
Slippage unknown: Arcus: live order book, 1 min ago; Variational Omni: RFQ quote, 1 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 Arcus live order book, 1 min ago | 0.82 bp | 7.9 bp −$8 | 9.3 bp −$93 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 1 min ago | 4.09 bp | doesn't fit | 34.2 bp −$342 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HOODUSDT | 0.0000% | 8h | 122.23 | −0.095% | $107K | $268K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 122.15 | −0.164% | $361K | $1.4M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 122.19 | −0.129% | $21.7M | $90.0M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 122.19 | −0.131% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.19 | −0.131% | $2.9M | $5.9M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 122.19 | −0.131% | $375K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.25 | −0.082% | $568K | $7.5M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.24 | −0.090% | $5.5M | $9.5M | 20x | as long as short |
| Variational Omni HOODshort | 0.0000% | 8h | 122.45 | +0.085% | $2.3M | $1.1M | — | |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 122.43 | +0.066% | $856K | $1.9M | 10x | as long as short |
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_PerpShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 122.17 | −0.147% | $8K | $68K | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 122.16 | −0.155% | $999K | $8K | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0027% | 1h | 122.03 | −0.262% | $253K | $345K | 10x | as long as short |
| QFEX HOOD-USD | +0.0034% | 1h | 122.27 | −0.065% | $1.3M | $4.1M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0037% | 1h | 122.12 | −0.188% | — | $63K | 25x | as long as short |
| Lighter HOOD | +0.0040% | 1h | 122.22 | −0.110% | $2.9M | $2.3M | 10x | as long as short |
| Arcus HOOD-USDlong | +0.0040% | 1h | 122.35 | long leg | $1.1M | $1.8M | 10x | |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.16 | −0.155% | $736 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.03 | −0.262% | $1.2M | $1.6M | 15x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0064% | 1h | 122.19 | −0.131% | $206K | $1.9M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0072% | 1h | 122.18 | −0.139% | $52.3M | $27.9M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.21 | −0.115% | $70K | $108K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.30 | −0.041% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.56 | +0.172% | $5K | $107K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.18 | −0.139% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.12 | −0.189% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 122.44 | +0.074% | $181K | $162K | 20x | as long as short |
| Injective HOOD/USDC PERP | +0.0186% | 1h | 122.93 | +0.474% | $63K | $49K | 30x | as long as short |
| Phoenix HOOD | +0.0196% | 1h | 122.60 | +0.204% | $28K | $237K | 10x | as long as short |
| edgeX HOODUSDC | +0.0389% | 4h | 122.58 | +0.187% | $369K | $305K | 10x | as long as short |
Deribit HOOD_USDC-PERPETUAL
Phemex HOODUSDT
Polymarket Perps HOOD-USD
QFEX HOOD-USD
Vest HOOD-USD-PERP
Lighter HOOD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Coinbase International HOOD-PERP-INTX
tradeXYZ xyz:HOOD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
BloFin HOOD-USDT
Injective HOOD/USDC PERP
Phoenix HOOD
edgeX HOODUSDC