Funding you earn now, next payment 11:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.021%
Price spread now: Arcus against Binance−0.005%46s7-day average −0.082% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$300.296% of the position
Funding, last 4 days (all we have)+0.085%+$8 on $10k
+Price spread, last 7 days−0.055%−$5 · spread now −0.005%, 7d avg −0.082%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Arcus is 0.077% dearer against Binance than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.082%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HOODUSDT | 122.04 | 0.0206 | pay 0.0206% / 8h | 5h 26m | $21.2M | $86.9M | 20x |
| Short | Arcus HOOD-USD | 122.03 | 0.0252 | get 0.0032% / 1h | 26m 47s | $1.1M | $1.9M | 10x |
Binance HOODUSDT
Arcus HOOD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Binance. 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
- $9.67
- Price spread: −0.005% → −0.082%
- $7.68
- Slippage, 4 orders
- −$15.11
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$12.26
- Costs to cover
- 0.296%
- Break-even
- 15.9 days
Slippage from Binance: live order book, 9 min ago; Arcus: live order book, just now.
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 Binance live order book, 9 min ago | 0.82 bp | 7.9 bp −$8 | 14.7 bp −$147 | 53.9 bp −$5,388 | doesn't fit |
| Sell Arcus live order book, just now | 0.82 bp | 8.2 bp −$8 | 10.7 bp −$107 | doesn't fit | doesn't fit |
HOOD on 30 exchanges
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 | 122.07 | +0.025% | $110K | $285K | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 122.05 | +0.011% | $3.7M | $7.3M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.99 | −0.038% | $2.7M | $5.9M | 20x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.04 | +0.003% | $582K | $6.8M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.01 | −0.021% | $5.6M | $9.1M | 20x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 122.02 | −0.013% | $6K | $41K | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 122.02 | −0.013% | $999K | $7K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0009% | 1h | 121.69 | −0.284% | $28K | $96K | 30x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 122.05 | +0.013% | $2.8M | $2.9M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0046% | 1h | 121.95 | −0.071% | — | $64K | 25x | as long as short |
Aster HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Gate HOOD_USDT
Bitget HOODUSDT
Deribit HOOD_USDC-PERPETUAL
Phemex HOODUSDT
Injective HOOD/USDC PERP
Lighter HOOD
Vest HOOD-USD-PERPShow all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.90 | −0.111% | $51.4M | $25.2M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 121.97 | −0.054% | $252K | $340K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.02 | −0.017% | $727 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.01 | −0.021% | $1.3M | $1.2M | 15x | as long as short |
| QFEX HOOD-USD | +0.0070% | 1h | 122.16 | +0.102% | $1.3M | $2.7M | 10x | as long as short |
| Variational Omni HOOD | +0.0094% | 8h | 122.07 | +0.025% | $2.3M | $875K | — | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.05 | +0.014% | $73K | $116K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.14 | +0.085% | $1.7M | $1.5M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.08 | +0.036% | $5K | $29K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.06 | +0.020% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.04 | 0.000% | $16K | — | 10x | as long as short |
| Phoenix HOOD | +0.0196% | 1h | 122.07 | +0.028% | $28K | $239K | 10x | as long as short |
| Binance HOODUSDTlong | +0.0206% | 8h | 122.04 | long leg | $21.2M | $86.9M | 20x | |
| Extended HOOD_24_5-USD | +0.0208% | 1h | 122.00 | −0.033% | $469K | $2.6M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0224% | 1h | 121.81 | −0.185% | $229K | $1.5M | 10x | as long as short |
| Arcus HOOD-USDshort | +0.0252% | 1h | 122.03 | −0.005% | $1.1M | $1.9M | 10x | |
| GRVT HOOD_USDT_Perp | +0.0303% | 8h | 122.06 | +0.020% | $853K | $1.7M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0330% | 8h | 122.08 | +0.036% | $176K | $178K | 20x | as long as short |
| edgeX HOODUSDC | +0.0351% | 4h | 122.07 | +0.030% | $367K | $301K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0862% | 1h | 122.14 | +0.081% | $455K | $1.3M | 10x | as long as short |
tradeXYZ xyz:HOOD
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
QFEX HOOD-USD
Variational Omni HOOD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
Phoenix HOOD
Extended HOOD_24_5-USD
Coinbase International HOOD-PERP-INTX
GRVT HOOD_USDT_Perp
BloFin HOOD-USDT
edgeX HOODUSDC
RISEx HOOD/USDC