Funding you earn now, next payment 10:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.043%
Price spread now: Arcus against Bybit−0.049%7-day average −0.061% · 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−$40as in the Price arb table
costs, in and out, $10k−$410.407% of the position
Funding, last 4 days (all we have)+0.075%+$7 on $10k
+Price spread, last 7 days−0.002%$0 · spread now −0.049%, 7d avg −0.061%
=The price spread sits at its 7-day average of −0.061%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit HOODUSDT | 122.06 | 0 | get 0.0000% / 8h | 6h 11m | $3.7M | $7.4M | 25x |
| Short | Arcus HOOD-USD | 122.00 | 0.0040 | get 0.0005% / 1h | 11m 23s | $1.1M | $1.9M | 10x |
Bybit HOODUSDT
Arcus HOOD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Bybit. 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
- $8.46
- Price spread: −0.049% → −0.061%
- $1.15
- Slippage, 4 orders
- −$25.24
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$31.13
- Costs to cover
- 0.407%
- Break-even
- 32.8 days
Slippage from Bybit: live order book, 5 min ago; Arcus: live order book, 1 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 Bybit live order book, 5 min ago | 1.23 bp | 12.9 bp −$13 | 32.0 bp −$320 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 1 min ago | 0.41 bp | 7.8 bp −$8 | 8.3 bp −$83 | 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 | +0.025% | $110K | $285K | 20x | as long as short |
| Bybit HOODUSDTlong | 0.0000% | 8h | 122.06 | long leg | $3.7M | $7.4M | 25x | |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.07 | +0.008% | $2.7M | $5.9M | 20x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.07 | +0.008% | $582K | $6.9M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.05 | −0.008% | $5.6M | $9.0M | 20x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 122.12 | +0.049% | $999K | $7K | 10x | as long as short |
| edgeX HOODUSDC | +0.0006% | 4h | 122.07 | +0.006% | $367K | $305K | 10x | as long as short |
| Arcus HOOD-USDshort | +0.0040% | 1h | 122.00 | −0.049% | $1.1M | $1.9M | 10x | |
| Variational Omni HOOD | +0.0041% | 8h | 122.03 | −0.021% | $2.3M | $915K | — | as long as short |
| Vest HOOD-USD-PERP | +0.0046% | 1h | 121.87 | −0.156% | — | $64K | 25x | as long as short |
Aster HOODUSDT
OKX HOOD-USDT-SWAP
Gate HOOD_USDT
Bitget HOODUSDT
Phemex HOODUSDT
edgeX HOODUSDC
Variational Omni HOOD
Vest HOOD-USD-PERPShow all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 121.96 | −0.082% | $252K | $337K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.04 | −0.015% | $727 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.91 | −0.123% | $1.3M | $1.3M | 15x | as long as short |
| QFEX HOOD-USD | +0.0062% | 1h | 122.08 | +0.016% | $1.3M | $2.7M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.01 | −0.039% | $73K | $114K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.02 | −0.033% | $1.7M | $1.5M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.89 | −0.139% | $5K | $29K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.05 | −0.008% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.01 | −0.039% | $16K | — | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0156% | 1h | 121.99 | −0.057% | $51.4M | $25.6M | 10x | as long as short |
| Extended HOOD_24_5-USD | +0.0176% | 1h | 122.05 | −0.009% | $418K | $2.5M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0176% | 1h | 121.81 | −0.205% | $229K | $1.6M | 10x | as long as short |
| Lighter HOOD | +0.0176% | 1h | 122.05 | −0.011% | $2.9M | $3.0M | 10x | as long as short |
| Binance HOODUSDT | +0.0180% | 8h | 122.10 | +0.033% | $21.3M | $87.2M | 20x | as long as short |
| Phoenix HOOD | +0.0197% | 1h | 121.97 | −0.074% | $28K | $239K | 10x | as long as short |
| BloFin HOOD-USDT | +0.0298% | 8h | 121.98 | −0.066% | $174K | $179K | 20x | as long as short |
| GRVT HOOD_USDT_Perp | +0.0433% | 8h | 122.03 | −0.022% | $857K | $1.8M | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0440% | 1h | 121.69 | −0.303% | $28K | $96K | 30x | as long as short |
| RISEx HOOD/USDC | +0.1124% | 1h | 122.12 | +0.050% | $436K | $1.3M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.1145% | 1h | 122.03 | −0.025% | $6K | $41K | 10x | as long as short |
Polymarket Perps HOOD-USD
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
Extended HOOD_24_5-USD
Coinbase International HOOD-PERP-INTX
Lighter HOOD
Binance HOODUSDT
Phoenix HOOD
BloFin HOOD-USDT
GRVT HOOD_USDT_Perp
Injective HOOD/USDC PERP
RISEx HOOD/USDC
Deribit HOOD_USDC-PERPETUAL