Funding you earn now, next payment 03:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.12 per $10,000 · paid last 24h +0.044%
Price spread now: RISEx against Coinbase International+0.118%7-day average +0.182% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$270.274% of the position
Funding, last 4 days (all we have)+0.070%+$7 on $10k
+Price spread, last 4 days (all we have)−0.093%−$9 · spread now +0.118%, 7d avg +0.182%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and RISEx is 0.064% cheaper against Coinbase International than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.182%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.070%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International HOOD-PERP-INTX | 121.10 | 0.0096 | pay 0.0012% / 1h | 32m 51s | $193K | $1.9M | 10x |
| Short | RISEx HOOD/USDC | 121.24 | 0 | get 0.0000% / 1h | 32m 51s | $397K | $1.4M | 10x |
Coinbase International HOOD-PERP-INTX
RISEx HOOD/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- −$20.16
- Price spread: +0.118% → +0.182%
- −$6.4
- Slippage, 4 orders
- −$11.44
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$54
- Costs to cover
- 0.274%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 1 min ago; RISEx: 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 Coinbase International live order book, 1 min ago | 2.88 bp | 8.3 bp −$8 | 11.6 bp −$116 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 1 min ago | 0.82 bp | 3.8 bp −$4 | 5.6 bp −$56 | doesn't fit | doesn't fit |
HOOD on 30 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective HOOD/USDC PERP | −0.0440% | 1h | 121.05 | −0.041% | $58K | $57K | 30x | as long as short |
| Polymarket Perps HOOD-USD | −0.0132% | 1h | 121.12 | +0.017% | $251K | $344K | 10x | as long as short |
| Gate HOOD_USDT | −0.0041% | 8h | 121.36 | +0.215% | $575K | $7.7M | 50x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.28 | +0.153% | $106K | $280K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.33 | +0.189% | $358K | $1.3M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.37 | +0.222% | $20.9M | $90.9M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.33 | +0.190% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.30 | +0.165% | $2.7M | $6.0M | 20x | as long as short |
| RISEx HOOD/USDCshort | 0.0000% | 1h | 121.24 | +0.118% | $397K | $1.4M | 10x | |
| Bitget HOODUSDT | 0.0000% | 8h | 121.40 | +0.248% | $5.4M | $9.6M | 20x | as long as short |
Injective HOOD/USDC PERP
Polymarket Perps HOOD-USD
Gate HOOD_USDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Bitget HOODUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni HOOD | 0.0000% | 8h | 121.22 | +0.098% | $2.3M | $1.1M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 121.30 | +0.164% | $856K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.36 | +0.215% | $993K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0021% | 1h | 121.09 | −0.008% | — | $62K | 25x | as long as short |
| QFEX HOOD-USD | +0.0029% | 1h | 121.24 | +0.116% | $1.3M | $3.6M | 10x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 121.27 | +0.139% | $2.8M | $3.1M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.18 | +0.066% | $1.1M | $1.7M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.22 | +0.099% | $51.8M | $28.2M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.25 | +0.125% | $732 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.17 | +0.058% | $1.2M | $1.5M | 15x | as long as short |
| edgeX HOODUSDC | +0.0083% | 4h | 121.27 | +0.139% | $365K | $305K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTXlong | +0.0096% | 1h | 121.10 | long leg | $193K | $1.9M | 10x | |
| Pacifica HOOD | +0.0100% | 1h | 121.26 | +0.136% | $68K | $105K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.35 | +0.206% | $1.3M | $1.2M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.26 | +0.132% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.24 | +0.116% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.25 | +0.123% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 121.31 | +0.173% | $175K | $162K | 20x | as long as short |
| Phoenix HOOD | +0.0132% | 1h | 121.27 | +0.140% | $27K | $238K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0245% | 1h | 121.27 | +0.140% | $7K | $55K | 10x | as long as short |
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Vest HOOD-USD-PERP
QFEX HOOD-USD
Lighter HOOD
Arcus HOOD-USD
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
edgeX HOODUSDC
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
BloFin HOOD-USDT
Phoenix HOOD
Deribit HOOD_USDC-PERPETUAL