Funding you earn now, next payment 20:00 UTC+0.0009%/8h= +0.9% APRpaid last 24h −0.041%
Price spread now: Binance against Coinbase International+0.144%7-day average +0.152% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$410.414% of the position
Funding, last 7 days−0.058%−$6 on $10k
+Price spread, last 4 days (all we have)−0.018%−$2 · spread now +0.144%, 7d avg +0.152%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International HOOD-PERP-INTX | 123.83 | 0.0032 | pay 0.0004% / 1h | 7m 06s | $190K | $546K | 10x |
| Short | Binance HOODUSDT | 124.01 | 0.0041 | get 0.0041% / 8h | 3h 07m | $21.0M | $59.5M | 20x |
Coinbase International HOOD-PERP-INTX
Binance HOODUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Coinbase International. 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
- $1.81
- Price spread: +0.144% → +0.152%
- −$0.89
- Slippage, 4 orders
- −$21.36
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$40.44
- Costs to cover
- 0.414%
- Break-even
- 163.8 days
Slippage from Coinbase International: live order book, 49 min ago; Binance: live order book, 13 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 Coinbase International live order book, 49 min ago | 8.06 bp | 13.1 bp −$13 | 16.8 bp −$168 | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 0.40 bp | 7.8 bp −$8 | 15.3 bp −$153 | 64.0 bp −$6,401 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps HOOD-USD | −0.0114% | 1h | 123.80 | −0.024% | $263K | $123K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 124.05 | +0.178% | $186K | $158K | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 124.00 | +0.137% | $4.0M | $3.3M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 123.99 | +0.129% | $2.6M | $3.8M | 20x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 124.11 | +0.226% | $897K | $4.3M | 50x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 123.99 | +0.126% | $2.2M | $469K | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 123.99 | +0.126% | $868K | $1.7M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 124.00 | +0.137% | $1.0M | $9K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTXlong | +0.0032% | 1h | 123.83 | long leg | $190K | $546K | 10x | |
| Injective HOOD/USDC PERP | +0.0033% | 1h | 123.77 | −0.048% | $28K | $235K | 30x | as long as short |
Polymarket Perps HOOD-USD
Aster HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Gate HOOD_USDT
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Injective HOOD/USDC PERPShow all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended HOOD_24_5-USD | +0.0040% | 1h | 124.00 | +0.141% | $366K | $4.1M | 10x | as long as short |
| Binance HOODUSDTshort | +0.0041% | 8h | 124.01 | +0.144% | $21.0M | $59.5M | 20x | |
| Vest HOOD-USD-PERP | +0.0046% | 1h | 124.00 | +0.137% | — | $39K | 25x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 123.97 | +0.113% | $51.0M | $12.9M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 124.00 | +0.140% | $747 | $3K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 123.93 | +0.081% | $1.3M | $923K | 15x | as long as short |
| QFEX HOOD-USD | +0.0053% | 1h | 124.05 | +0.178% | $1.3M | $2.2M | 10x | as long as short |
| Phoenix HOOD | +0.0064% | 1h | 123.93 | +0.081% | $30K | $120K | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 123.95 | +0.094% | $169K | $266K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 123.96 | +0.105% | $1.7M | $802K | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 123.99 | +0.129% | $5K | $28K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 123.99 | +0.129% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 124.01 | +0.149% | $16K | — | 10x | as long as short |
| Bitget HOODUSDT | +0.0128% | 8h | 124.02 | +0.153% | $5.7M | $8.4M | 20x | as long as short |
| Lighter HOOD | +0.0152% | 1h | 124.05 | +0.176% | $2.9M | $3.9M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0153% | 1h | 124.02 | +0.153% | $6K | $16K | 10x | as long as short |
| BloFin HOOD-USDT | +0.0163% | 8h | 124.03 | +0.162% | $179K | $156K | 20x | as long as short |
| RISEx HOOD/USDC | +0.0344% | 1h | 124.04 | +0.170% | $439K | $1.2M | 10x | as long as short |
| Arcus HOOD-USD | +0.0481% | 1h | 123.99 | +0.129% | $1.1M | $1.5M | 10x | as long as short |
| edgeX HOODUSDC | +0.0689% | 4h | 124.02 | +0.157% | $398K | $347K | 10x | as long as short |
Extended HOOD_24_5-USD
Vest HOOD-USD-PERP
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
QFEX HOOD-USD
Phoenix HOOD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
Bitget HOODUSDT
Lighter HOOD
Deribit HOOD_USDC-PERPETUAL
BloFin HOOD-USDT
RISEx HOOD/USDC
Arcus HOOD-USD
edgeX HOODUSDC