HOOD

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0208%/8h= −22.8% APRnext payment −$2.08 per $10,000 · paid last 24h +0.010%

Price spread now: Gate against KuCoin+0.025%7-day average +0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$135as in the Funding arb table

Net, price: spread back to 7d avg − costs−$128as in the Price arb table

costs, in and out, $10k−$1281.285% of the position

Long on KuCoin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.066%−$7 on $10k

Price spread, last 7 days+0.015%+$2 · spread now +0.025%, 7d avg +0.019%

Together, before fees−0.051%−$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.019%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.066% in total (about -3.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.08 per $10,000. 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	KuCoin HOODUSDTM	121.20	0.0100	pay 0.0100% / 8h	3h 38m	$1.3M	$1.2M	20x
Short	Gate HOOD_USDT	121.23	−0.0108	pay 0.0108% / 8h	3h 38m	$574K	$7.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.025%Rate

Funding earned: −$43.68
Price spread: +0.025% → +0.019%: $0.59
Slippage, 4 orders: −$101.5
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$171.59
Costs to cover: 1.285%
Break-even: never at this rate

Slippage from KuCoin: live order book, 2 min ago; Gate: 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 KuCoin live order book, 2 min ago	2.47 bp	60.3 bp −$60	442.0 bp −$4,420	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	4.12 bp	20.8 bp −$21	61.9 bp −$619	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	120.89	−0.256%	$58K	$57K	30x	as long as short
Gate HOOD_USDTshort	−0.0108%	8h	121.23	+0.025%	$574K	$7.7M	50x
Bitget HOODUSDT	−0.0037%	8h	121.24	+0.033%	$5.4M	$9.7M	20x	as long as short
Aster HOODUSDT	0.0000%	8h	121.15	−0.039%	$106K	$280K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	121.18	−0.014%	$357K	$1.4M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	121.22	+0.014%	$20.8M	$91.2M	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	121.20	0.000%	$3.9M	$8.8M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	121.26	+0.050%	$2.7M	$6.0M	20x	as long as short
RISEx HOOD/USDC	0.0000%	1h	121.23	+0.021%	$383K	$1.4M	10x	as long as short
Variational Omni HOOD	0.0000%	8h	121.08	−0.096%	$2.3M	$1.1M	—	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT HOOD_USDT_Perp	0.0000%	8h	121.11	−0.078%	$847K	$2.0M	10x	as long as short
Phemex HOODUSDT	0.0000%	8h	121.19	−0.008%	$991K	$9K	10x	as long as short
Vest HOOD-USD-PERP	+0.0014%	1h	120.98	−0.182%	—	$63K	25x	as long as short
QFEX HOOD-USD	+0.0022%	1h	121.12	−0.066%	$1.3M	$3.4M	10x	as long as short
Arcus HOOD-USD	+0.0040%	1h	121.13	−0.058%	$1.1M	$1.7M	10x	as long as short
tradeXYZ xyz:HOOD	+0.0050%	1h	121.10	−0.083%	$51.4M	$28.3M	10x	as long as short
Polymarket Perps HOOD-USD	+0.0050%	1h	121.00	−0.165%	$251K	$344K	10x	as long as short
SoDEX HOOD-USD	+0.0050%	1h	121.14	−0.049%	$729	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	120.95	−0.206%	$1.2M	$1.5M	15x	as long as short
edgeX HOODUSDC	+0.0093%	4h	121.12	−0.068%	$364K	$304K	10x	as long as short
Pacifica HOOD	+0.0100%	1h	121.21	+0.008%	$68K	$109K	10x	as long as short
KuCoin HOODUSDTMlong	+0.0100%	8h	121.20	long leg	$1.3M	$1.2M	20x
ApeX Omni HOODUSDT	+0.0100%	1h	121.14	−0.050%	$5K	$41K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	121.13	−0.058%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	121.13	−0.054%	$16K	—	10x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0120%	1h	121.10	−0.083%	$193K	$1.9M	10x	as long as short
BloFin HOOD-USDT	+0.0120%	8h	121.20	0.000%	$174K	$158K	20x	as long as short
Phoenix HOOD	+0.0132%	1h	121.18	−0.017%	$27K	$238K	10x	as long as short
Lighter HOOD	+0.0176%	1h	121.14	−0.049%	$2.8M	$3.2M	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	+0.0659%	1h	121.16	−0.033%	$6K	$57K	10x	as long as short