Funding you earn now, next payment 05:00 UTC+0.0805%/8h= +88.1% APRpaid last 24h +0.108%
Price spread now: edgeX against Extended−0.095%7-day average +0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$460.460% of the position
Funding, last 7 days+0.240%+$24 on $10k
+Price spread, last 4 days (all we have)+0.174%+$17 · spread now −0.095%, 7d avg +0.031%
=Together, before fees+0.414%+ Points / potential airdropExtended: Active · edgeX: Active · farm board+$41 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.125% cheaper against Extended than usual: you would sell low and buy high (spread −0.095% now, against its 7-day average of +0.031%). If the spread goes back, that is −$13 on $10k: about 12 hours of funding at the current rate (+$24 a day). At the pace of the last 7 days (+0.240% in total) that is about 3.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.240% in total (about 12.5% 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 | Extended HOOD_24_5-USD | 121.03 | 0 | get 0.0000% / 1h | 5m 20s | $360K | $1.4M | 10x |
| Short | edgeX HOODUSDC | 120.91 | 0.0805 | get 0.0402% / 4h | 3h 05m | $364K | $304K | 10x |
Extended HOOD_24_5-USD
edgeX HOODUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Extended. 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
- $168.99
- Price spread: −0.095% → +0.031%
- −$12.51
- Slippage, 4 orders
- −$32.01
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $110.47
- Costs to cover
- 0.460%
- Break-even
- 2.4 days
Slippage from Extended: live order book, 3 min ago; edgeX: live order book, 48 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 Extended live order book, 3 min ago | 2.98 bp | 11.6 bp −$12 | 90.2 bp −$902 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 48 min ago | 5.76 bp | 10.8 bp −$11 | 20.1 bp −$201 | 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 | 120.88 | −0.122% | $58K | $57K | 30x | as long as short |
| Bitget HOODUSDT | −0.0152% | 8h | 121.14 | +0.093% | $5.4M | $9.7M | 20x | as long as short |
| Gate HOOD_USDT | −0.0136% | 8h | 121.10 | +0.060% | $572K | $7.7M | 50x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.06 | +0.029% | $106K | $280K | 20x | as long as short |
| Extended HOOD_24_5-USDlong | 0.0000% | 1h | 121.03 | long leg | $360K | $1.4M | 10x | |
| Binance HOODUSDT | 0.0000% | 8h | 121.06 | +0.027% | $20.8M | $91.3M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.10 | +0.060% | $3.9M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.06 | +0.027% | $2.7M | $6.1M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.08 | +0.039% | $383K | $1.4M | 10x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.00 | −0.024% | $2.3M | $1.1M | — | as long as short |
Injective HOOD/USDC PERP
Bitget HOODUSDT
Gate HOOD_USDT
Aster HOODUSDT
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
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 | 120.93 | −0.080% | $848K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.10 | +0.060% | $991K | $9K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0015% | 1h | 120.78 | −0.205% | — | $63K | 25x | as long as short |
| QFEX HOOD-USD | +0.0022% | 1h | 121.06 | +0.027% | $1.3M | $3.1M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.91 | −0.097% | $1.1M | $1.7M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.01 | −0.014% | $51.3M | $28.3M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 120.88 | −0.122% | $251K | $344K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.04 | +0.014% | $727 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.86 | −0.138% | $1.2M | $1.5M | 15x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.04 | +0.007% | $67K | $107K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.01 | −0.014% | $1.3M | $1.3M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.88 | −0.122% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.06 | +0.027% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.03 | +0.006% | $16K | — | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0120% | 1h | 121.10 | +0.060% | $193K | $1.9M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.99 | −0.031% | $174K | $161K | 20x | as long as short |
| Phoenix HOOD | +0.0132% | 1h | 120.94 | −0.072% | $28K | $238K | 10x | as long as short |
| Lighter HOOD | +0.0144% | 1h | 121.07 | +0.037% | $2.8M | $3.2M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0246% | 1h | 121.05 | +0.019% | $6K | $54K | 10x | as long as short |
| edgeX HOODUSDCshort | +0.0805% | 4h | 120.91 | −0.095% | $364K | $304K | 10x |
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Vest HOOD-USD-PERP
QFEX HOOD-USD
Arcus HOOD-USD
tradeXYZ xyz:HOOD
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
Coinbase International HOOD-PERP-INTX
BloFin HOOD-USDT
Phoenix HOOD
Lighter HOOD
Deribit HOOD_USDC-PERPETUAL