Funding you earn now, next payment 10:00 UTC−0.0122%/8h= −13.4% APRpaid last 24h −0.005%
Price spread now: QFEX against Binance−0.033%7-day average −0.052% · 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−$28as in the Price arb table
costs, in and out, $10k−$300.298% of the position
Funding, last 4 days (all we have)−0.031%−$3 on $10k
+Price spread, last 7 days−0.020%−$2 · spread now −0.033%, 7d avg −0.052%
=The price spread sits at its 7-day average of −0.052%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HOODUSDT | 122.13 | 0.0184 | pay 0.0184% / 8h | 6h 08m | $21.3M | $87.1M | 20x |
| Short | QFEX HOOD-USD | 122.09 | 0.0062 | get 0.0008% / 1h | 8m 12s | $1.3M | $2.7M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$25.65
- Price spread: −0.033% → −0.052%
- $1.83
- Slippage, 4 orders
- −$9.84
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$53.66
- Costs to cover
- 0.298%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; QFEX: live order book, 3 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, 12 min ago | 1.64 bp | 8.0 bp −$8 | 16.8 bp −$168 | 56.8 bp −$5,685 | doesn't fit |
| Sell QFEX live order book, 3 min ago | 1.64 bp | 6.9 bp −$7 | 10.2 bp −$102 | 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 | 122.09 | −0.033% | $110K | $285K | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 122.13 | −0.001% | $3.7M | $7.4M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.08 | −0.042% | $2.7M | $5.9M | 20x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.12 | −0.009% | $582K | $6.9M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.12 | −0.009% | $5.6M | $9.0M | 20x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 122.14 | +0.008% | $1.0M | $7K | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 122.03 | −0.083% | $1.1M | $1.9M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0046% | 1h | 121.87 | −0.214% | — | $64K | 25x | as long as short |
| Variational Omni HOOD | +0.0048% | 8h | 122.08 | −0.044% | $2.3M | $906K | — | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 121.98 | −0.123% | $252K | $337K | 10x | as long as short |
Show 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 | −0.021% | $727 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.91 | −0.181% | $1.3M | $1.3M | 15x | as long as short |
| QFEX HOOD-USDshort | +0.0062% | 1h | 122.09 | −0.033% | $1.3M | $2.7M | 10x | |
| Pacifica HOOD | +0.0100% | 1h | 122.01 | −0.096% | $73K | $113K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.07 | −0.050% | $1.7M | $1.5M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.88 | −0.205% | $5K | $29K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.12 | −0.009% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.12 | −0.009% | $16K | — | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0171% | 1h | 122.05 | −0.066% | $51.4M | $25.5M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0176% | 1h | 121.81 | −0.263% | $229K | $1.6M | 10x | as long as short |
| Extended HOOD_24_5-USD | +0.0184% | 1h | 122.09 | −0.030% | $422K | $2.5M | 10x | as long as short |
| Binance HOODUSDTlong | +0.0184% | 8h | 122.13 | long leg | $21.3M | $87.1M | 20x | |
| Phoenix HOOD | +0.0197% | 1h | 121.97 | −0.132% | $28K | $239K | 10x | as long as short |
| Lighter HOOD | +0.0200% | 1h | 122.12 | −0.008% | $2.9M | $3.0M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0304% | 8h | 122.09 | −0.033% | $174K | $179K | 20x | as long as short |
| GRVT HOOD_USDT_Perp | +0.0420% | 8h | 122.09 | −0.033% | $857K | $1.8M | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0440% | 1h | 121.69 | −0.361% | $28K | $96K | 30x | as long as short |
| edgeX HOODUSDC | +0.0797% | 4h | 122.08 | −0.040% | $367K | $302K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0980% | 1h | 122.10 | −0.025% | $6K | $41K | 10x | as long as short |
| RISEx HOOD/USDC | +0.1124% | 1h | 122.17 | +0.034% | $437K | $1.3M | 10x | as long as short |
Binance HOODUSDT
Aster HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Gate HOOD_USDT
Bitget HOODUSDT
Phemex HOODUSDT
Variational Omni HOOD
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
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
edgeX HOODUSDC
Deribit HOOD_USDC-PERPETUAL
RISEx HOOD/USDC