Funding you earn now, next payment 21:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.022%
Price spread now: Gate against Pacifica−0.018%7-day average +0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$620.617% of the position
Funding, last 7 days−0.211%−$21 on $10k
+Price spread, last 4 days (all we have)−0.077%−$8 · spread now −0.018%, 7d avg +0.031%
=Together, before fees−0.288%+ Points / potential airdropPacifica: Active · farm board−$29 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 Gate is 0.048% cheaper against Pacifica than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.031%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica HOOD | 123.88 | 0.0100 | pay 0.0013% / 1h | 31m 56s | $77K | $106K | 10x |
| Short | Gate HOOD_USDT | 123.86 | 0 | get 0.0000% / 8h | 3h 31m | $556K | $7.8M | 50x |
Pacifica HOOD
Gate HOOD_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.018% → +0.031%
- −$4.81
- Slippage, 4 orders
- −$38.68
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$87.49
- Costs to cover
- 0.617%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 16 min ago; Gate: 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, 16 min ago | 6.61 bp | 15.8 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 3.23 bp | 14.7 bp −$15 | 59.9 bp −$599 | 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 | −0.0086% | 1h | 123.61 | −0.219% | $258K | $280K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 123.69 | −0.155% | $110K | $262K | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 123.88 | −0.001% | $4.1M | $8.6M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 123.92 | +0.031% | $3.1M | $5.6M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 123.82 | −0.051% | $409K | $1.5M | 10x | as long as short |
| Gate HOOD_USDTshort | 0.0000% | 8h | 123.86 | −0.018% | $556K | $7.8M | 50x | |
| Variational Omni HOOD | 0.0000% | 8h | 123.62 | −0.214% | $2.4M | $1.0M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 123.65 | −0.189% | $868K | $2.4M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 123.88 | −0.001% | $1.0M | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0046% | 1h | 123.67 | −0.171% | — | $63K | 25x | as long as short |
Polymarket Perps HOOD-USD
Aster HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Vest HOOD-USD-PERPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX HOOD-USD | +0.0050% | 1h | 123.82 | −0.053% | $745 | $3K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 123.83 | −0.042% | $1.4M | $1.3M | 15x | as long as short |
| Extended HOOD_24_5-USD | +0.0056% | 1h | 123.95 | +0.051% | $419K | $1.2M | 10x | as long as short |
| QFEX HOOD-USD | +0.0057% | 1h | 123.87 | −0.009% | $1.3M | $4.0M | 10x | as long as short |
| Binance HOODUSDT | +0.0059% | 8h | 123.95 | +0.055% | $23.9M | $83.9M | 20x | as long as short |
| Bitget HOODUSDT | +0.0063% | 8h | 123.89 | +0.007% | $5.7M | $9.2M | 20x | as long as short |
| Pacifica HOODlong | +0.0100% | 1h | 123.88 | long leg | $77K | $106K | 10x | |
| KuCoin HOODUSDTM | +0.0100% | 8h | 123.71 | −0.139% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 123.57 | −0.252% | $45K | $251K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 123.76 | −0.098% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 123.73 | −0.121% | $16K | — | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0156% | 1h | 123.45 | −0.349% | $63K | $50K | 30x | as long as short |
| BloFin HOOD-USDT | +0.0177% | 8h | 123.65 | −0.187% | $190K | $119K | 20x | as long as short |
| Lighter HOOD | +0.0208% | 1h | 123.83 | −0.043% | $3.2M | $1.8M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0209% | 1h | 123.87 | −0.009% | $52.9M | $29.6M | 10x | as long as short |
| edgeX HOODUSDC | +0.0263% | 4h | 123.70 | −0.144% | $372K | $306K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0304% | 1h | 123.21 | −0.542% | $201K | $1.8M | 10x | as long as short |
| Phoenix HOOD | +0.0324% | 1h | 123.65 | −0.187% | $28K | $188K | 10x | as long as short |
| Arcus HOOD-USD | +0.0441% | 1h | 123.76 | −0.098% | $1.1M | $1.7M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.1287% | 1h | 123.82 | −0.050% | $6K | $142K | 10x | as long as short |
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Extended HOOD_24_5-USD
QFEX HOOD-USD
Binance HOODUSDT
Bitget HOODUSDT
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
Injective HOOD/USDC PERP
BloFin HOOD-USDT
Lighter HOOD
tradeXYZ xyz:HOOD
edgeX HOODUSDC
Coinbase International HOOD-PERP-INTX
Phoenix HOOD
Arcus HOOD-USD
Deribit HOOD_USDC-PERPETUAL