Funding you earn now, next payment 08:00 UTC−0.0701%/8h= −76.8% APRpaid last 24h −0.110%
Price spread now: Extended against edgeX−0.061%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$490.485% of the position
Funding, last 7 days−0.242%−$24 on $10k
+Price spread, last 4 days (all we have)−0.160%−$16 · spread now −0.061%, 7d avg −0.032%
=Together, before fees−0.403%+ Points / potential airdropedgeX: Active · Extended: Active · farm board−$40 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and Extended is 0.029% cheaper against edgeX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.032%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.242% in total (about -12.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX HOODUSDC | 120.43 | 0.0701 | pay 0.0351% / 4h | 7m 13s | $362K | $303K | 10x |
| Short | Extended HOOD_24_5-USD | 120.36 | 0 | get 0.0000% / 1h | 7m 13s | $358K | $2.2M | 10x |
edgeX HOODUSDC
Extended HOOD_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against edgeX. 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
- −$147.22
- Price spread: −0.061% → −0.032%
- −$2.9
- Slippage, 4 orders
- −$34.54
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$198.65
- Costs to cover
- 0.485%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 31 min ago; Extended: 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 edgeX live order book, 31 min ago | 6.63 bp | 11.9 bp −$12 | 21.2 bp −$212 | doesn't fit | doesn't fit |
| Sell Extended live order book, 1 min ago | 3.57 bp | 12.2 bp −$12 | 111.8 bp −$1,118 | 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 | 120.22 | −0.178% | $57K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0162% | 8h | 120.44 | +0.004% | $598K | $7.6M | 50x | as long as short |
| Bitget HOODUSDT | −0.0160% | 8h | 120.43 | −0.004% | $5.5M | $9.9M | 20x | as long as short |
| Polymarket Perps HOOD-USD | −0.0025% | 1h | 120.21 | −0.186% | $251K | $345K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.42 | −0.011% | $105K | $281K | 20x | as long as short |
| Extended HOOD_24_5-USDshort | 0.0000% | 1h | 120.36 | −0.061% | $358K | $2.2M | 10x | |
| Binance HOODUSDT | 0.0000% | 8h | 120.39 | −0.037% | $20.7M | $91.9M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 120.38 | −0.045% | $3.7M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.36 | −0.062% | $2.7M | $6.2M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 120.42 | −0.012% | $2.2M | $1.0M | — | as long as short |
Injective HOOD/USDC PERP
Gate HOOD_USDT
Bitget HOODUSDT
Polymarket Perps HOOD-USD
Aster HOODUSDT
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Variational Omni HOODShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 120.42 | −0.011% | $844K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 120.41 | −0.020% | $985K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0017% | 1h | 120.21 | −0.186% | — | $63K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.32 | −0.095% | $1.1M | $1.7M | 10x | as long as short |
| QFEX HOOD-USD | +0.0046% | 1h | 120.41 | −0.020% | $1.3M | $2.9M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 120.33 | −0.087% | $51.1M | $26.9M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.37 | −0.052% | $719 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.42 | −0.012% | $1.3M | $1.4M | 15x | as long as short |
| Lighter HOOD | +0.0072% | 1h | 120.39 | −0.039% | $2.8M | $3.2M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0082% | 1h | 120.38 | −0.045% | $6K | $52K | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.37 | −0.054% | $74K | $111K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.43 | −0.004% | $1.3M | $1.4M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.39 | −0.037% | $5K | $40K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.38 | −0.045% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.36 | −0.063% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.42 | −0.012% | $173K | $175K | 20x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0192% | 1h | 120.33 | −0.087% | $196K | $1.8M | 10x | as long as short |
| Phoenix HOOD | +0.0265% | 1h | 120.43 | −0.004% | $28K | $238K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0479% | 1h | 120.45 | +0.013% | $417K | $1.4M | 10x | as long as short |
| edgeX HOODUSDClong | +0.0701% | 4h | 120.43 | long leg | $362K | $303K | 10x |
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Vest HOOD-USD-PERP
Arcus HOOD-USD
QFEX HOOD-USD
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Lighter HOOD
Deribit HOOD_USDC-PERPETUAL
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
BloFin HOOD-USDT
Coinbase International HOOD-PERP-INTX
Phoenix HOOD
RISEx HOOD/USDC