Funding you earn now, next payment 06:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: Aster against Pacifica−0.055%7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1201.200% of the position
Funding, last 7 days−0.234%−$23 on $10k
+Price spread, last 4 days (all we have)+0.092%+$9 · spread now −0.055%, 7d avg +0.023%
=Together, before fees−0.142%+ Points / potential airdropPacifica: Active · Aster: Stage 5 · farm board−$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aster is 0.079% cheaper against Pacifica than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.023%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica HOOD | 121.15 | 0.0100 | pay 0.0013% / 1h | 1m 05s | $67K | $105K | 10x |
| Short | Aster HOODUSDT | 121.08 | 0 | get 0.0000% / 8h | 2h 01m | $106K | $281K | 20x |
Pacifica HOOD
Aster HOODUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- −$21
- Price spread: −0.055% → +0.023%
- −$7.88
- Slippage, 4 orders
- −$104
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$148.87
- Costs to cover
- 1.200%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 46 min ago; Aster: live order book, 46 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, 46 min ago | 2.77 bp | 9.1 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 46 min ago | 7.03 bp | 46.1 bp −$46 | doesn't fit | 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 | 120.56 | −0.484% | $57K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0165% | 8h | 121.25 | +0.086% | $604K | $7.7M | 50x | as long as short |
| Bitget HOODUSDT | −0.0100% | 8h | 121.20 | +0.045% | $5.5M | $10.0M | 20x | as long as short |
| Aster HOODUSDTshort | 0.0000% | 8h | 121.08 | −0.055% | $106K | $281K | 20x | |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.13 | −0.011% | $357K | $1.3M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.17 | +0.020% | $20.9M | $92.3M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.20 | +0.045% | $3.7M | $8.9M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.16 | +0.012% | $2.7M | $6.2M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.37 | +0.184% | $2.3M | $1.0M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 121.23 | +0.069% | $848K | $2.0M | 10x | as long as short |
Injective HOOD/USDC PERP
Gate HOOD_USDT
Bitget 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 | 121.22 | +0.061% | $992K | $9K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0013% | 1h | 121.00 | −0.121% | — | $63K | 25x | as long as short |
| Polymarket Perps HOOD-USD | +0.0036% | 1h | 121.03 | −0.096% | $251K | $344K | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.14 | −0.005% | $1.1M | $1.7M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.19 | +0.035% | $724 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.18 | +0.028% | $1.2M | $1.4M | 15x | as long as short |
| QFEX HOOD-USD | +0.0053% | 1h | 121.20 | +0.045% | $1.3M | $3.0M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0059% | 1h | 121.11 | −0.030% | $51.4M | $28.1M | 10x | as long as short |
| Lighter HOOD | +0.0088% | 1h | 121.16 | +0.007% | $2.8M | $3.2M | 10x | as long as short |
| Pacifica HOODlong | +0.0100% | 1h | 121.15 | long leg | $67K | $105K | 10x | |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.25 | +0.086% | $1.3M | $1.3M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.20 | +0.045% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.18 | +0.028% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.20 | +0.043% | $16K | — | 10x | as long as short |
| RISEx HOOD/USDC | +0.0109% | 1h | 121.26 | +0.097% | $376K | $1.5M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 121.25 | +0.086% | $174K | $159K | 20x | as long as short |
| Phoenix HOOD | +0.0132% | 1h | 121.21 | +0.053% | $28K | $238K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0184% | 1h | 120.34 | −0.665% | $192K | $1.8M | 10x | as long as short |
| edgeX HOODUSDC | +0.0622% | 4h | 121.21 | +0.051% | $365K | $305K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0906% | 1h | 121.21 | +0.053% | $6K | $54K | 10x | as long as short |
Phemex HOODUSDT
Vest HOOD-USD-PERP
Polymarket Perps HOOD-USD
Arcus HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
QFEX HOOD-USD
tradeXYZ xyz:HOOD
Lighter HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
RISEx HOOD/USDC
BloFin HOOD-USDT
Phoenix HOOD
Coinbase International HOOD-PERP-INTX
edgeX HOODUSDC
Deribit HOOD_USDC-PERPETUAL