HOOD

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0044%/8h= −4.8% APRnext payment −$0.06 per $10,000 · paid last 24h +0.019%

Price spread now: Coinbase International against Pacifica−0.072%7-day average −0.127% · you buy dearer than you sell

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$460.463% of the position

Long on Pacifica Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.026%−$3 on $10k

Price spread, last 4 days (all we have)+0.061%+$6 · spread now −0.072%, 7d avg −0.127%

Together, before fees+0.035%+ Points / potential airdropPacifica: Active · farm board+$3 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Coinbase International is 0.055% dearer against Pacifica than usual: you sell high and buy low (spread −0.072% now, against its 7-day average of −0.127%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.2 days. At the pace of the last 7 days (−0.026% in total) that is about 15 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica HOOD	121.63	0.0100	pay 0.0013% / 1h	2m 51s	$68K	$105K	10x
Short	Coinbase International HOOD-PERP-INTX	121.54	0.0056	get 0.0007% / 1h	2m 51s	$194K	$1.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Pacifica. 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 PacificabpFee Coinbase InternationalbpOrdersPrice spread, now −0.072%Rate

Funding earned: −$9.24
Price spread: −0.072% → −0.127%: $5.48
Slippage, 4 orders: −$28.26
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$50.02
Costs to cover: 0.463%
Break-even: never at this rate

Slippage from Pacifica: live order book, 60 min ago; Coinbase International: live order book, 1 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, 60 min ago	6.84 bp	14.6 bp −$15	doesn't fit	doesn't fit	doesn't fit
Sell Coinbase International live order book, 1 min ago	3.29 bp	8.7 bp −$9	15.5 bp −$155	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
Polymarket Perps HOOD-USD	−0.0107%	1h	121.45	−0.146%	$252K	$344K	10x	as long as short
Aster HOODUSDT	0.0000%	8h	121.68	+0.046%	$106K	$279K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	121.63	+0.001%	$358K	$1.3M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	121.65	+0.018%	$21.1M	$90.6M	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	121.63	+0.002%	$3.9M	$8.7M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	121.71	+0.068%	$2.7M	$6.1M	20x	as long as short
RISEx HOOD/USDC	0.0000%	1h	121.66	+0.027%	$399K	$1.4M	10x	as long as short
Gate HOOD_USDT	0.0000%	8h	121.69	+0.051%	$579K	$7.8M	50x	as long as short
Bitget HOODUSDT	0.0000%	8h	121.71	+0.068%	$5.4M	$9.6M	20x	as long as short
Variational Omni HOOD	0.0000%	8h	121.63	+0.003%	$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	121.65	+0.021%	$852K	$2.0M	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	0.0000%	1h	121.64	+0.010%	$7K	$68K	10x	as long as short
Phemex HOODUSDT	0.0000%	8h	121.66	+0.027%	$995K	$8K	10x	as long as short
Vest HOOD-USD-PERP	+0.0024%	1h	121.54	−0.072%	—	$62K	25x	as long as short
QFEX HOOD-USD	+0.0024%	1h	121.64	+0.010%	$1.3M	$3.7M	10x	as long as short
Arcus HOOD-USD	+0.0040%	1h	121.63	+0.002%	$1.1M	$1.7M	10x	as long as short
tradeXYZ xyz:HOOD	+0.0050%	1h	121.60	−0.023%	$51.9M	$28.1M	10x	as long as short
SoDEX HOOD-USD	+0.0050%	1h	121.63	+0.003%	$733	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	121.61	−0.014%	$1.2M	$1.5M	15x	as long as short
Coinbase International HOOD-PERP-INTXshort	+0.0056%	1h	121.54	−0.072%	$194K	$1.9M	10x
Pacifica HOODlong	+0.0100%	1h	121.63	long leg	$68K	$105K	10x
KuCoin HOODUSDTM	+0.0100%	8h	121.70	+0.060%	$1.3M	$1.2M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	121.64	+0.010%	$5K	$41K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	121.66	+0.027%	$2K	$2K	10x	as long as short
Lighter HOOD	+0.0104%	1h	121.65	+0.022%	$2.8M	$3.1M	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	121.62	−0.008%	$16K	—	10x	as long as short
BloFin HOOD-USDT	+0.0120%	8h	121.70	+0.060%	$175K	$162K	20x	as long as short
Phoenix HOOD	+0.0197%	1h	121.73	+0.084%	$28K	$239K	10x	as long as short
Injective HOOD/USDC PERP	+0.0345%	1h	121.36	−0.220%	$58K	$57K	30x	as long as short
edgeX HOODUSDC	+0.0553%	4h	121.63	+0.003%	$366K	$305K	10x	as long as short