Funding you earn now, next payment 02:00 UTC+0.0056%/8h= +6.1% APRpaid last 24h +0.030%
Price spread now: Coinbase International against Binance−0.042%7-day average −0.139% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$360.358% of the position
Funding, last 7 days+0.038%+$4 on $10k
+Price spread, last 4 days (all we have)−0.083%−$8 · spread now −0.042%, 7d avg −0.139%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Coinbase International is 0.096% dearer against Binance than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.139%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HOODUSDT | 121.59 | 0 | get 0.0000% / 8h | 5h 46m | $21.1M | $90.2M | 20x |
| Short | Coinbase International HOOD-PERP-INTX | 121.54 | 0.0056 | get 0.0007% / 1h | 46m 43s | $194K | $1.9M | 10x |
Binance HOODUSDT
Coinbase International HOOD-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $11.76
- Price spread: −0.042% → −0.139%
- $9.65
- Slippage, 4 orders
- −$15.82
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$14.41
- Costs to cover
- 0.358%
- Break-even
- 15.6 days
Slippage from Binance: live order book, 11 min ago; Coinbase International: live order book, 2 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 Binance live order book, 11 min ago | 0.41 bp | 7.7 bp −$8 | 14.7 bp −$147 | 51.7 bp −$5,169 | doesn't fit |
| Sell Coinbase International live order book, 2 min ago | 4.94 bp | 10.8 bp −$11 | 15.7 bp −$157 | 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 | −0.0191% | 1h | 121.41 | −0.149% | $252K | $344K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.59 | −0.001% | $106K | $279K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.57 | −0.020% | $358K | $1.3M | 10x | as long as short |
| Binance HOODUSDTlong | 0.0000% | 8h | 121.59 | long leg | $21.1M | $90.2M | 20x | |
| Bybit HOODUSDT | 0.0000% | 8h | 121.60 | +0.007% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.65 | +0.048% | $2.7M | $6.0M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.59 | −0.001% | $376K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 121.62 | +0.023% | $579K | $7.7M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 121.63 | +0.032% | $5.4M | $9.5M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.59 | 0.000% | $2.3M | $1.1M | — | as long as short |
Polymarket Perps HOOD-USD
Aster HOODUSDT
Extended HOOD_24_5-USD
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Bitget HOODUSDT
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 | 121.59 | +0.001% | $858K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.58 | −0.010% | $994K | $8K | 10x | as long as short |
| QFEX HOOD-USD | +0.0024% | 1h | 121.58 | −0.010% | $1.3M | $3.8M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0025% | 1h | 121.46 | −0.108% | — | $62K | 25x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 121.58 | −0.010% | $2.8M | $3.1M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.55 | −0.034% | $1.1M | $1.7M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.55 | −0.034% | $52.0M | $28.1M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.55 | −0.031% | $732 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.51 | −0.067% | $1.2M | $1.5M | 15x | as long as short |
| Coinbase International HOOD-PERP-INTXshort | +0.0056% | 1h | 121.54 | −0.042% | $194K | $1.9M | 10x | |
| Pacifica HOOD | +0.0100% | 1h | 121.59 | −0.005% | $68K | $110K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.60 | +0.007% | $1.3M | $1.2M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.55 | −0.034% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.63 | +0.032% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.58 | −0.013% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 121.62 | +0.023% | — | $159K | 20x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0161% | 1h | 121.63 | +0.032% | $7K | $68K | 10x | as long as short |
| edgeX HOODUSDC | +0.0187% | 4h | 121.56 | −0.025% | $366K | $305K | 10x | as long as short |
| Phoenix HOOD | +0.0197% | 1h | 121.57 | −0.018% | $28K | $239K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0345% | 1h | 121.40 | −0.158% | $58K | $57K | 30x | as long as short |
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
QFEX HOOD-USD
Vest HOOD-USD-PERP
Lighter HOOD
Arcus HOOD-USD
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
BloFin HOOD-USDT
Deribit HOOD_USDC-PERPETUAL
edgeX HOODUSDC
Phoenix HOOD
Injective HOOD/USDC PERP