Funding you earn now, next payment 12:00 UTC+0.0762%/8h= +83.4% APRpaid last 24h +0.080%
Price spread now: edgeX against Binance−0.167%7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$400.395% of the position
Funding, last 7 days+0.257%+$26 on $10k
+Price spread, last 4 days (all we have)+0.095%+$9 · spread now −0.167%, 7d avg +0.018%
=Together, before fees+0.352%+ Points / potential airdropedgeX: Active · farm board+$35 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.185% cheaper against Binance than usual: you would sell low and buy high (spread −0.167% now, against its 7-day average of +0.018%). If the spread goes back, that is −$18 on $10k: about 19 hours of funding at the current rate (+$23 a day). At the pace of the last 7 days (+0.257% in total) that is about 5.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.257% in total (about 13.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HOODUSDT | 122.25 | 0.0188 | pay 0.0188% / 8h | 6h 07m | $21.3M | $87.3M | 20x |
| Short | edgeX HOODUSDC | 122.05 | 0.0950 | get 0.0475% / 4h | 2h 07m | $367K | $302K | 10x |
Binance HOODUSDT
edgeX HOODUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $160
- Price spread: −0.167% → +0.018%
- −$18.49
- Slippage, 4 orders
- −$20.52
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $101.99
- Costs to cover
- 0.395%
- Break-even
- 2.5 days
Slippage from Binance: live order book, 13 min ago; edgeX: live order book, 44 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, 13 min ago | 1.64 bp | 8.0 bp −$8 | 16.8 bp −$168 | 56.8 bp −$5,685 | doesn't fit |
| Sell edgeX live order book, 44 min ago | 6.58 bp | 11.6 bp −$12 | 21.3 bp −$213 | 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 | 122.18 | −0.060% | $110K | $285K | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 122.25 | −0.003% | $3.7M | $7.4M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.35 | +0.079% | $2.7M | $5.9M | 20x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.24 | −0.011% | $583K | $6.9M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.35 | +0.079% | $5.6M | $9.1M | 20x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 122.14 | −0.093% | $1.0M | $7K | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 122.14 | −0.093% | $1.1M | $1.9M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0046% | 1h | 122.02 | −0.191% | — | $64K | 25x | as long as short |
| Variational Omni HOOD | +0.0048% | 8h | 122.08 | −0.144% | $2.3M | $906K | — | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 122.04 | −0.175% | $252K | $338K | 10x | as long as short |
Aster HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Gate HOOD_USDT
Bitget HOODUSDT
Phemex HOODUSDT
Arcus HOOD-USD
Vest HOOD-USD-PERP
Variational Omni HOOD
Polymarket Perps HOOD-USDShow all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX HOOD-USD | +0.0050% | 1h | 122.11 | −0.121% | $727 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.05 | −0.166% | $1.3M | $1.2M | 15x | as long as short |
| QFEX HOOD-USD | +0.0062% | 1h | 122.15 | −0.085% | $1.3M | $2.7M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.20 | −0.047% | $73K | $113K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.08 | −0.142% | $1.7M | $1.5M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.88 | −0.305% | $5K | $29K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.21 | −0.035% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.27 | +0.013% | $16K | — | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0171% | 1h | 122.08 | −0.142% | $51.4M | $25.5M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0176% | 1h | 121.81 | −0.363% | $229K | $1.6M | 10x | as long as short |
| Extended HOOD_24_5-USD | +0.0184% | 1h | 122.17 | −0.067% | $422K | $2.5M | 10x | as long as short |
| Binance HOODUSDTlong | +0.0188% | 8h | 122.25 | long leg | $21.3M | $87.3M | 20x | |
| Phoenix HOOD | +0.0197% | 1h | 122.04 | −0.175% | $28K | $239K | 10x | as long as short |
| Lighter HOOD | +0.0208% | 1h | 122.30 | +0.039% | $2.9M | $3.0M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0304% | 8h | 122.09 | −0.134% | $174K | $179K | 20x | as long as short |
| GRVT HOOD_USDT_Perp | +0.0420% | 8h | 122.09 | −0.134% | $857K | $1.8M | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0440% | 1h | 121.69 | −0.461% | $28K | $96K | 30x | as long as short |
| edgeX HOODUSDCshort | +0.0950% | 4h | 122.05 | −0.167% | $367K | $302K | 10x | |
| Deribit HOOD_USDC-PERPETUAL | +0.0980% | 1h | 122.10 | −0.125% | $6K | $41K | 10x | as long as short |
| RISEx HOOD/USDC | +0.1124% | 1h | 122.25 | +0.001% | $437K | $1.3M | 10x | as long as short |
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
QFEX HOOD-USD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
tradeXYZ xyz:HOOD
Coinbase International HOOD-PERP-INTX
Extended HOOD_24_5-USD
Phoenix HOOD
Lighter HOOD
BloFin HOOD-USDT
GRVT HOOD_USDT_Perp
Injective HOOD/USDC PERP
Deribit HOOD_USDC-PERPETUAL
RISEx HOOD/USDC