Funding you earn now, next payment 04:00 UTC+0.0404%/8h= +44.2% APRpaid last 24h +0.144%
Price spread now: edgeX against Bybit−0.032%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$500.500% of the position
Funding, last 7 days+0.287%+$29 on $10k
+Price spread, last 4 days (all we have)+0.172%+$17 · spread now −0.032%, 7d avg +0.015%
=Together, before fees+0.460%+ Points / potential airdropedgeX: Active · farm board+$46 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.047% cheaper against Bybit than usual: you would sell low and buy high (spread −0.032% now, against its 7-day average of +0.015%). If the spread goes back, that is −$5 on $10k: about 9 hours of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.287% in total) that is about 27 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit HOODUSDT | 121.60 | 0 | get 0.0000% / 8h | 5h 49m | $3.9M | $8.7M | 25x |
| Short | edgeX HOODUSDC | 121.56 | 0.0404 | get 0.0202% / 4h | 1h 49m | $366K | $304K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $84.77
- Price spread: −0.032% → +0.015%
- −$4.68
- Slippage, 4 orders
- −$29.98
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $30.12
- Costs to cover
- 0.500%
- Break-even
- 4.5 days
Slippage from Bybit: live order book, 4 min ago; edgeX: live order book, 14 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, 4 min ago | 1.64 bp | 12.8 bp −$13 | 35.6 bp −$356 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 14 min ago | 6.15 bp | 11.5 bp −$11 | 20.7 bp −$207 | doesn't fit | doesn't fit |
HOOD on 29 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 | −0.0197% | 1h | 121.37 | −0.189% | $252K | $344K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.56 | −0.029% | $106K | $279K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.54 | −0.048% | $358K | $1.3M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.56 | −0.033% | $21.1M | $90.2M | 20x | as long as short |
| Bybit HOODUSDTlong | 0.0000% | 8h | 121.60 | long leg | $3.9M | $8.7M | 25x | |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.57 | −0.025% | $2.7M | $6.0M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.55 | −0.038% | $376K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 121.61 | +0.008% | $579K | $7.7M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 121.61 | +0.008% | $5.4M | $9.5M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.59 | −0.007% | $2.3M | $1.1M | — | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 121.59 | −0.006% | $858K | $2.0M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 121.53 | −0.058% | $7K | $68K | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.57 | −0.025% | $994K | $8K | 10x | as long as short |
| QFEX HOOD-USD | +0.0024% | 1h | 121.56 | −0.033% | $1.3M | $3.8M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0025% | 1h | 121.45 | −0.123% | — | $62K | 25x | as long as short |
| Lighter HOOD | +0.0040% | 1h | 121.58 | −0.019% | $2.8M | $3.1M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.55 | −0.041% | $1.1M | $1.7M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.52 | −0.066% | $52.0M | $28.1M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.53 | −0.053% | $732 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.49 | −0.090% | $1.2M | $1.5M | 15x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0056% | 1h | 121.54 | −0.049% | $194K | $1.9M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.58 | −0.015% | $68K | $110K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.60 | 0.000% | $1.3M | $1.2M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.62 | +0.016% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.56 | −0.033% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.51 | −0.072% | $16K | — | 10x | as long as short |
| Phoenix HOOD | +0.0197% | 1h | 121.59 | −0.008% | $28K | $239K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0345% | 1h | 121.40 | −0.164% | $58K | $57K | 30x | as long as short |
| edgeX HOODUSDCshort | +0.0404% | 4h | 121.56 | −0.032% | $366K | $304K | 10x |
Bybit HOODUSDT
edgeX HOODUSDC
Polymarket Perps HOOD-USD
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Bitget HOODUSDT
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Deribit HOOD_USDC-PERPETUAL
Phemex HOODUSDT
Lighter HOOD
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Coinbase International HOOD-PERP-INTX
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Phoenix HOOD
Injective HOOD/USDC PERP