Funding you earn now, next payment 11:00 UTC+0.0009%/8h= +1.0% APRpaid last 24h +0.010%
Price spread now: Injective against Bybit−0.425%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.236%−$24 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Injective is 0.425% cheaper against Bybit than usual: you would sell low and buy high (spread −0.425% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$43 on $10k: about 5 months of funding at the current rate ($0 a day). Mind the row above: over the last 7 days funding on this pair cost −0.236%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit HOODUSDT | 122.21 | 0 | get 0.0000% / 8h | 5h 44m | $3.7M | $7.4M | 25x |
| Short | Injective HOOD/USDC PERP | 121.69 | 0.0009 | get 0.0001% / 1h | 44m 52s | $28K | $96K | 30x |
Bybit HOODUSDT
Injective HOOD/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $1.96
- Price spread: −0.425% → 0.000%
- −$42.55
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$51.61
- Costs to cover
- 0.110%
- Break-even
- 191.5 days
Slippage unknown: Bybit: live order book, 1 min ago; Injective: no order-book sample. Net counts fees only.
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, 1 min ago | 0.82 bp | 15.0 bp −$15 | 86.0 bp −$860 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit HOOD_USDC-PERPETUAL | −0.0405% | 1h | 122.11 | −0.082% | $6K | $41K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 122.19 | −0.016% | $110K | $285K | 20x | as long as short |
| Bybit HOODUSDTlong | 0.0000% | 8h | 122.21 | long leg | $3.7M | $7.4M | 25x | |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.19 | −0.016% | $2.7M | $5.9M | 20x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.20 | −0.008% | $582K | $6.8M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.23 | +0.016% | $5.6M | $9.1M | 20x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 122.22 | +0.008% | $1.0M | $7K | 10x | as long as short |
| Injective HOOD/USDC PERPshort | +0.0009% | 1h | 121.69 | −0.425% | $28K | $96K | 30x | |
| Vest HOOD-USD-PERP | +0.0046% | 1h | 122.03 | −0.147% | — | $64K | 25x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 122.17 | −0.033% | $51.5M | $25.4M | 10x | as long as short |
Deribit HOOD_USDC-PERPETUAL
Aster HOODUSDT
OKX HOOD-USDT-SWAP
Gate HOOD_USDT
Bitget HOODUSDT
Phemex HOODUSDT
Vest HOOD-USD-PERP
tradeXYZ xyz:HOODShow all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 122.08 | −0.106% | $253K | $339K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.18 | −0.028% | $730 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.04 | −0.139% | $1.3M | $1.2M | 15x | as long as short |
| QFEX HOOD-USD | +0.0070% | 1h | 122.14 | −0.057% | $1.3M | $2.7M | 10x | as long as short |
| Lighter HOOD | +0.0072% | 1h | 122.21 | +0.002% | $2.9M | $2.9M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.13 | −0.065% | $73K | $116K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.27 | +0.049% | $1.7M | $1.5M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.24 | +0.025% | $5K | $29K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.19 | −0.016% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.19 | −0.016% | $16K | — | 10x | as long as short |
| Variational Omni HOOD | +0.0112% | 8h | 122.18 | −0.025% | $2.3M | $875K | — | as long as short |
| Phoenix HOOD | +0.0196% | 1h | 122.39 | +0.147% | $28K | $239K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0224% | 1h | 121.81 | −0.327% | $229K | $1.6M | 10x | as long as short |
| Binance HOODUSDT | +0.0237% | 8h | 122.18 | −0.027% | $21.3M | $87.1M | 20x | as long as short |
| Extended HOOD_24_5-USD | +0.0240% | 1h | 122.13 | −0.068% | $469K | $2.6M | 10x | as long as short |
| Arcus HOOD-USD | +0.0252% | 1h | 122.14 | −0.057% | $1.1M | $1.9M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0360% | 8h | 122.20 | −0.008% | $175K | $179K | 20x | as long as short |
| edgeX HOODUSDC | +0.0412% | 4h | 122.28 | +0.060% | $368K | $303K | 10x | as long as short |
| GRVT HOOD_USDT_Perp | +0.0481% | 8h | 122.33 | +0.095% | $859K | $1.7M | 10x | as long as short |
| RISEx HOOD/USDC | +0.0862% | 1h | 122.25 | +0.029% | $457K | $1.3M | 10x | as long as short |
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
QFEX HOOD-USD
Lighter HOOD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
Variational Omni HOOD
Phoenix HOOD
Coinbase International HOOD-PERP-INTX
Binance HOODUSDT
Extended HOOD_24_5-USD
Arcus HOOD-USD
BloFin HOOD-USDT
edgeX HOODUSDC
GRVT HOOD_USDT_Perp
RISEx HOOD/USDC