HOOD

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.032%

Price spread now: Bitget against KuCoin+0.131%7-day average +0.048% · you sell dearer than you buy

Net, funding: paid 7d − costs−$107as in the Funding arb table

Net, price: spread back to 7d avg − costs−$100as in the Price arb table

costs, in and out, $10k−$1081.083% of the position

Long on KuCoin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.008%+$1 on $10k

Price spread, last 7 days−0.049%−$5 · spread now +0.131%, 7d avg +0.048%

Together, before fees−0.041%−$4 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.083% dearer against KuCoin than usual: you sell high and buy low (spread +0.131% now, against its 7-day average of +0.048%): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin HOODUSDTM	122.32	0.0100	pay 0.0100% / 8h	5h 59m	$1.7M	$1.5M	20x
Short	Bitget HOODUSDT	122.48	0	get 0.0000% / 8h	5h 59m	$5.6M	$9.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee BitgetbpOrdersPrice spread, now +0.131%Rate

Funding earned: −$21
Price spread: +0.131% → +0.048%: $8.32
Slippage, 4 orders: −$84.32
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$121
Costs to cover: 1.083%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; Bitget: live order book, 2 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 KuCoin live order book, 5 min ago	4.50 bp	36.9 bp −$37	366.0 bp −$3,660	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	3.27 bp	11.8 bp −$12	26.6 bp −$266	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	122.39	+0.056%	$110K	$285K	20x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	122.39	+0.057%	$2.7M	$5.9M	20x	as long as short
Gate HOOD_USDT	0.0000%	8h	122.43	+0.090%	$584K	$6.8M	50x	as long as short
Bitget HOODUSDTshort	0.0000%	8h	122.48	+0.131%	$5.6M	$9.2M	20x
Phemex HOODUSDT	0.0000%	8h	122.37	+0.041%	$1.0M	$7K	10x	as long as short
Bybit HOODUSDT	+0.0012%	8h	122.35	+0.025%	$3.7M	$7.4M	25x	as long as short
edgeX HOODUSDC	+0.0029%	4h	122.14	−0.147%	$368K	$304K	10x	as long as short
Arcus HOOD-USD	+0.0040%	1h	122.35	+0.025%	$1.1M	$1.9M	10x	as long as short
Vest HOOD-USD-PERP	+0.0046%	1h	122.21	−0.090%	—	$64K	25x	as long as short
Polymarket Perps HOOD-USD	+0.0050%	1h	122.29	−0.025%	$253K	$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	122.34	+0.019%	$730	$4K	10x	as long as short
QFEX HOOD-USD	+0.0062%	1h	122.41	+0.074%	$1.3M	$2.7M	10x	as long as short
Variational Omni HOOD	+0.0076%	8h	122.23	−0.077%	$2.3M	$875K	—	as long as short
Ondo Perps HOOD-USD.P	+0.0078%	1h	122.10	−0.180%	$1.3M	$1.2M	15x	as long as short
Pacifica HOOD	+0.0100%	1h	122.42	+0.085%	$73K	$116K	10x	as long as short
KuCoin HOODUSDTMlong	+0.0100%	8h	122.32	long leg	$1.7M	$1.5M	20x
ApeX Omni HOODUSDT	+0.0100%	1h	122.14	−0.147%	$5K	$29K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	122.37	+0.041%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	122.44	+0.100%	$16K	—	10x	as long as short
tradeXYZ xyz:HOOD	+0.0153%	1h	122.36	+0.033%	$51.6M	$25.6M	10x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0176%	1h	121.81	−0.417%	$229K	$1.6M	10x	as long as short
Lighter HOOD	+0.0184%	1h	122.47	+0.122%	$2.9M	$3.0M	10x	as long as short
Phoenix HOOD	+0.0197%	1h	122.06	−0.213%	$28K	$237K	10x	as long as short
Extended HOOD_24_5-USD	+0.0208%	1h	122.40	+0.065%	$427K	$2.5M	10x	as long as short
Binance HOODUSDT	+0.0211%	8h	122.42	+0.082%	$21.3M	$87.3M	20x	as long as short
BloFin HOOD-USDT	+0.0324%	8h	122.10	−0.180%	$174K	$181K	20x	as long as short
Injective HOOD/USDC PERP	+0.0440%	1h	121.69	−0.515%	$28K	$96K	30x	as long as short
GRVT HOOD_USDT_Perp	+0.0452%	8h	122.25	−0.058%	$858K	$1.7M	10x	as long as short
RISEx HOOD/USDC	+0.0862%	1h	122.45	+0.104%	$476K	$1.3M	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	+0.0894%	1h	122.47	+0.123%	$6K	$41K	10x	as long as short