Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.020%
Price spread now: OKX against Binance−0.033%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$410.412% of the position
Funding, last 7 days−0.005%$0 on $10k
+Price spread, last 7 days+0.012%+$1 · spread now −0.033%, 7d avg −0.003%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.030% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HOODUSDT | 121.63 | 0 | get 0.0000% / 8h | 4h 09m | $20.9M | $90.9M | 20x |
| Short | OKX HOOD-USDT-SWAP | 121.59 | 0 | get 0.0000% / 8h | 4h 09m | $2.7M | $6.0M | 20x |
Binance HOODUSDT
OKX HOOD-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $0
- Price spread: −0.033% → −0.003%
- −$2.95
- Slippage, 4 orders
- −$21.19
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$44.15
- Costs to cover
- 0.412%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; OKX: live order book, 4 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, 3 min ago | 0.41 bp | 7.5 bp −$8 | 15.2 bp −$152 | 53.5 bp −$5,346 | doesn't fit |
| Sell OKX live order book, 4 min ago | 3.29 bp | 11.6 bp −$12 | 25.2 bp −$252 | 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 | 121.28 | −0.288% | $58K | $57K | 30x | as long as short |
| Polymarket Perps HOOD-USD | −0.0104% | 1h | 121.40 | −0.189% | $252K | $344K | 10x | as long as short |
| Gate HOOD_USDT | −0.0068% | 8h | 121.64 | +0.008% | $576K | $7.8M | 50x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.63 | −0.002% | $106K | $280K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.59 | −0.032% | $361K | $1.3M | 10x | as long as short |
| Binance HOODUSDTlong | 0.0000% | 8h | 121.63 | long leg | $20.9M | $90.9M | 20x | |
| Bybit HOODUSDT | 0.0000% | 8h | 121.62 | −0.008% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAPshort | 0.0000% | 8h | 121.59 | −0.033% | $2.7M | $6.0M | 20x | |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.64 | +0.004% | $397K | $1.4M | 10x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 121.67 | +0.033% | $5.4M | $9.6M | 20x | as long as short |
Injective HOOD/USDC PERP
Polymarket Perps HOOD-USD
Gate HOOD_USDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Bybit HOODUSDT
RISEx HOOD/USDC
Bitget HOODUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni HOOD | 0.0000% | 8h | 121.52 | −0.092% | $2.3M | $1.1M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 121.52 | −0.090% | $857K | $2.0M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 121.62 | −0.008% | $6K | $56K | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.61 | −0.016% | $995K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0017% | 1h | 121.43 | −0.164% | — | $63K | 25x | as long as short |
| QFEX HOOD-USD | +0.0029% | 1h | 121.61 | −0.016% | $1.3M | $3.6M | 10x | as long as short |
| Lighter HOOD | +0.0040% | 1h | 121.61 | −0.013% | $2.8M | $3.1M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.46 | −0.140% | $1.1M | $1.7M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.54 | −0.074% | $51.7M | $28.3M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.58 | −0.039% | $734 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.37 | −0.214% | $1.2M | $1.5M | 15x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0096% | 1h | 121.10 | −0.436% | $193K | $1.9M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.60 | −0.021% | $68K | $107K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.61 | −0.016% | $1.3M | $1.2M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.43 | −0.164% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.62 | −0.008% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.58 | −0.037% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 121.50 | −0.107% | $174K | $161K | 20x | as long as short |
| Phoenix HOOD | +0.0132% | 1h | 121.48 | −0.123% | $28K | $238K | 10x | as long as short |
| edgeX HOODUSDC | +0.0257% | 4h | 121.51 | −0.095% | $366K | $304K | 10x | as long as short |
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Deribit HOOD_USDC-PERPETUAL
Phemex HOODUSDT
Vest HOOD-USD-PERP
QFEX HOOD-USD
Lighter HOOD
Arcus HOOD-USD
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Coinbase International HOOD-PERP-INTX
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
BloFin HOOD-USDT
Phoenix HOOD
edgeX HOODUSDC