Funding you earn now, next payment 07:00 UTC−0.0060%/8h= −6.5% APRnext payment −$0.07 per $10,000 · paid last 24h +0.013%
Price spread now: Arcus against Pacifica−0.001%7-day average −0.037% · 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−$32as in the Price arb table
costs, in and out, $10k−$360.360% of the position
Funding, last 4 days (all we have)+0.032%+$3 on $10k
+Price spread, last 4 days (all we have)−0.048%−$5 · spread now −0.001%, 7d avg −0.037%
=Together, before fees−0.016%+ Points / potential airdropPacifica: Active · farm board−$2 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Arcus is 0.036% dearer against Pacifica than usual: you sell high and buy low (spread −0.001% now, against its 7-day average of −0.037%): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica HOOD | 120.69 | 0.0100 | pay 0.0013% / 1h | 41m 58s | $67K | $105K | 10x |
| Short | Arcus HOOD-USD | 120.69 | 0.0040 | get 0.0005% / 1h | 41m 58s | $1.1M | $1.7M | 10x |
Pacifica HOOD
Arcus HOOD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Pacifica. 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
- −$12.54
- Price spread: −0.001% → −0.037%
- $3.59
- Slippage, 4 orders
- −$23.53
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$44.98
- Costs to cover
- 0.360%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, just now; Arcus: 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 Pacifica live order book, just now | 1.49 bp | 6.6 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell Arcus live order book, 2 min ago | 0.83 bp | 9.5 bp −$9 | 11.6 bp −$116 | 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 | −0.0392% | 1h | 120.80 | +0.090% | $58K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0177% | 8h | 120.78 | +0.074% | $599K | $7.7M | 50x | as long as short |
| Bitget HOODUSDT | −0.0109% | 8h | 120.79 | +0.082% | $5.4M | $10.0M | 20x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.75 | +0.052% | $105K | $281K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.70 | +0.010% | $356K | $1.3M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 120.73 | +0.032% | $20.8M | $92.3M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 120.71 | +0.016% | $3.7M | $8.9M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.69 | −0.001% | $2.7M | $6.1M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 120.70 | +0.007% | $2.3M | $1.0M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 120.78 | +0.076% | $853K | $2.0M | 10x | as long as short |
Injective HOOD/USDC PERP
Gate HOOD_USDT
Bitget HOODUSDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Variational Omni HOOD
GRVT HOOD_USDT_PerpShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex HOODUSDT | 0.0000% | 8h | 120.74 | +0.041% | $988K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0015% | 1h | 120.58 | −0.092% | — | $63K | 25x | as long as short |
| Arcus HOOD-USDshort | +0.0040% | 1h | 120.69 | −0.001% | $1.1M | $1.7M | 10x | |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 120.54 | −0.125% | $250K | $344K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.70 | +0.007% | $721 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.75 | +0.049% | $1.2M | $1.4M | 15x | as long as short |
| QFEX HOOD-USD | +0.0062% | 1h | 120.70 | +0.007% | $1.3M | $3.0M | 10x | as long as short |
| Pacifica HOODlong | +0.0100% | 1h | 120.69 | long leg | $67K | $105K | 10x | |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.78 | +0.074% | $1.3M | $1.3M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.70 | +0.007% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.71 | +0.016% | $2K | $2K | 10x | as long as short |
| Lighter HOOD | +0.0104% | 1h | 120.72 | +0.022% | $2.8M | $3.2M | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.70 | +0.012% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.86 | +0.140% | $175K | $160K | 20x | as long as short |
| tradeXYZ xyz:HOOD | +0.0129% | 1h | 120.66 | −0.026% | $51.3M | $27.9M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0184% | 1h | 120.60 | −0.075% | $196K | $1.8M | 10x | as long as short |
| Phoenix HOOD | +0.0198% | 1h | 120.73 | +0.032% | $28K | $238K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0330% | 1h | 120.70 | +0.007% | $6K | $52K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0365% | 1h | 120.77 | +0.065% | $374K | $1.4M | 10x | as long as short |
| edgeX HOODUSDC | +0.0510% | 4h | 120.75 | +0.052% | $363K | $305K | 10x | as long as short |
Phemex HOODUSDT
Vest HOOD-USD-PERP
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
QFEX HOOD-USD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Lighter HOOD
Aevo HOOD-PERP
BloFin HOOD-USDT
tradeXYZ xyz:HOOD
Coinbase International HOOD-PERP-INTX
Phoenix HOOD
Deribit HOOD_USDC-PERPETUAL
RISEx HOOD/USDC
edgeX HOODUSDC