Funding you earn now, next payment 10:00 UTC+0.0062%/8h= +6.8% APRpaid last 24h +0.030%
Price spread now: QFEX against Gate−0.016%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$500.499% of the position
Funding, last 4 days (all we have)+0.056%+$6 on $10k
+Price spread, last 7 days−0.094%−$9 · spread now −0.016%, 7d avg −0.039%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and QFEX is 0.022% dearer against Gate than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.039%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate HOOD_USDT | 122.03 | 0 | get 0.0000% / 8h | 6h 16m | $582K | $6.9M | 50x |
| Short | QFEX HOOD-USD | 122.01 | 0.0062 | get 0.0008% / 1h | 16m 25s | $1.3M | $2.7M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Gate. 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
- $13.09
- Price spread: −0.016% → −0.039%
- $2.24
- Slippage, 4 orders
- −$24.87
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$34.53
- Costs to cover
- 0.499%
- Break-even
- 25.5 days
Slippage from Gate: live order book, 5 min ago; QFEX: live order book, 5 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 Gate live order book, 5 min ago | 5.33 bp | 14.3 bp −$14 | 55.2 bp −$552 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 5 min ago | 2.46 bp | 7.6 bp −$8 | 9.6 bp −$96 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HOODUSDT | 0.0000% | 8h | 122.08 | +0.041% | $110K | $284K | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 122.02 | −0.008% | $3.7M | $7.4M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.03 | 0.000% | $2.7M | $6.0M | 20x | as long as short |
| Gate HOOD_USDTlong | 0.0000% | 8h | 122.03 | long leg | $582K | $6.9M | 50x | |
| Bitget HOODUSDT | 0.0000% | 8h | 122.08 | +0.041% | $5.6M | $9.1M | 20x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 122.01 | −0.016% | $999K | $7K | 10x | as long as short |
| Variational Omni HOOD | +0.0032% | 8h | 121.92 | −0.090% | $2.3M | $900K | — | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 122.00 | −0.025% | $1.1M | $1.9M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0046% | 1h | 121.81 | −0.180% | — | $64K | 25x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 121.95 | −0.066% | $252K | $338K | 10x | as long as short |
Show all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX HOOD-USD | +0.0050% | 1h | 121.99 | −0.030% | $727 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.88 | −0.123% | $1.3M | $1.3M | 15x | as long as short |
| QFEX HOOD-USDshort | +0.0062% | 1h | 122.01 | −0.016% | $1.3M | $2.7M | 10x | |
| Pacifica HOOD | +0.0100% | 1h | 122.01 | −0.012% | $73K | $114K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.96 | −0.057% | $1.7M | $1.5M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.84 | −0.156% | $5K | $29K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.03 | 0.000% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.01 | −0.018% | $16K | — | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0142% | 1h | 121.97 | −0.049% | $51.4M | $25.6M | 10x | as long as short |
| Lighter HOOD | +0.0152% | 1h | 122.02 | −0.007% | $2.9M | $3.0M | 10x | as long as short |
| Binance HOODUSDT | +0.0174% | 8h | 122.09 | +0.045% | $21.3M | $87.4M | 20x | as long as short |
| Extended HOOD_24_5-USD | +0.0176% | 1h | 122.03 | 0.000% | $418K | $2.5M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0176% | 1h | 121.81 | −0.180% | $229K | $1.6M | 10x | as long as short |
| Phoenix HOOD | +0.0197% | 1h | 122.00 | −0.025% | $28K | $239K | 10x | as long as short |
| BloFin HOOD-USDT | +0.0293% | 8h | 122.05 | +0.016% | $174K | $179K | 20x | as long as short |
| GRVT HOOD_USDT_Perp | +0.0423% | 8h | 122.00 | −0.025% | $856K | $1.8M | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0440% | 1h | 121.69 | −0.279% | $28K | $96K | 30x | as long as short |
| edgeX HOODUSDC | +0.0822% | 4h | 121.96 | −0.061% | $367K | $304K | 10x | as long as short |
| RISEx HOOD/USDC | +0.1124% | 1h | 122.10 | +0.060% | $431K | $1.3M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.1145% | 1h | 122.03 | 0.000% | $6K | $41K | 10x | as long as short |
Gate HOOD_USDT
Aster HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Bitget HOODUSDT
Phemex HOODUSDT
Variational Omni HOOD
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
tradeXYZ xyz:HOOD
Lighter HOOD
Binance HOODUSDT
Extended HOOD_24_5-USD
Coinbase International HOOD-PERP-INTX
Phoenix HOOD
BloFin HOOD-USDT
GRVT HOOD_USDT_Perp
Injective HOOD/USDC PERP
edgeX HOODUSDC
RISEx HOOD/USDC
Deribit HOOD_USDC-PERPETUAL